It has been noticed that customs field formations have adopted varying practice in work allocation between the Special Intelligence and Investigation Unit (SUB) [Import/Export] and the Central Intelligence Unit (CIU) in relation to anti-smuggling cases.
Shri Amar Singh Saharan Vs ITO (ITAT Jodhpur) Tribunal has adjudicated the appeal of the assessee on merits only and it was decided against the assessee. However, in Ground No. 2, the assessee has raised a legal ground. It is submitted that an identical legal ground raised by another assessee named Ashok Kumar Banthia vs. […]
18 tariff lines falling under HS Code 5208 are being added in Appendix 4R under RoDTEP for exports made from 28.03.2023. Government of India Ministry of Commerce & Industry Department of Commerce Vanijya Bhawan, New Delhi Notification No: 63 /2015-2020-DGFT | Dated: 25th March, 2023 Subject: Inclusion of 18 HS Codes under Heading 5208 in […]
List No. 1* LOK SABHA THE FINANCE BILL, 2023 (As introduced in Lok Sabha) Notice of Amendments *The President has in pursuance of clauses (1) and (3) of article 117 and clause (1) of article 274 of the Constitution recommended to Lok Sabha the moving of the amendments. Sl. No. Name of Member and text […]
Read advance ruling by GST AAR Chhattisgarh on leviability of GST on export of pre-packaged and labelled rice up to 25kgs. Understand applicable tax rates, legal provisions, and conditions for exports. Get clarity on GST rates for foreign buyers, bill to ship to basis, and supply to exporter’s factory.
In exercise of powers conferred by Section 3 read with section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No. 22 of 1992), as amended, read with Para 1.02 and 2.01 of the Foreign Trade Policy, 2015-20, the Central Government hereby amends Notification No. 29/2015-20 dated 28.08.2018.
Import of Urea (Agricultural grade) on Government account is allowed through Indian Potash Limited (IPL) subject to Para 2.20 of Foreign Trade Policy, 20152020, till 31.03.2024 vide Notification No. 61/2015-2020-DGFT Dated:22 March 2023. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi Notification No. […]
Guarantee fee shall be paid on the sanctioned amount corresponding to the outstanding balance of the quarterly built up balance of the portfolio of micro loans, including micro unit/enterprise set up under Joint Liability Group (JLG) framework, individually or jointly
21/03/2023 As per provision of section 2(62) of The Companies Act, 2013 “One Person Company” is defined as a company which has only one person as member. Some issues have been raised by the persons registering as ‘One Person Company’ while they take GST registration. Upon analysis, it has been noticed that the option of […]
Whether restaurants entitled to charge GST on service charge voluntarily paid by customer and if so, details thereof and provision and slab under which GST is charged
