Earlier it was intended to subsume the RoSCTL scheme w.e.f. 01.01.2021 in the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme which was also being introduced w.e.f. 01.01.2021. Accordingly, facility to file shipping bill with claim for RoSCTL was discontinued. However, subsequently it was decided to have independent RoSCTL scheme w.e.f. 01.01.2021 to 31.03.2024.
CBIC notifies essential oils other than those of citrus fruit as goods on which CGST is payable under Reverse Charge Mechanism (RCM) with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No.10/2021- Central Tax (Rate) | Dated: 30th September, 2021. S. […]
Shri Piyush Goyal said, under the visionary leadership of the Prime Minister Shri Narendra Modi India underwent a digital transformation in Mission Mode since he announced the Jan Dhan Yojana in his first Independence Day speech on assuming office, on 15th August 2014. More than 2 crore accounts were opened under the scheme, which has been considered a world record, he said.
Perfetti Van Melle India Pvt Ltd. Vs ACIT (ITAT Delhi) Thus, in order to be characterized as an ‘international transaction’, it would have to be demonstrated that the transaction arose pursuant to an arrangement, understanding or action in concert. A ‘transaction’, per se involves a bilateral arrangement or contract between the parties. Unilateral action by […]
CBIC amends notification No. 39/2017-Union Territory Tax (Rate), dated the 18th October, 2017 related to GST Rate on Food for free distribution to economically weaker sections to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No. 11/2021- Union Territory Tax (Rate) | Dated: 30th September, 2021. GOVERNMENT OF INDIA […]
Seeks to implement 45th GST Council Meeting recommendation on IGST on imports related to Spinal Muscular Atrophy disease, etc, as well Condition No. 102 pertaining to Services vide Notification No. 46/2021-Customs Dated: 30th September, 2021 Life saving drugs used in treatment of Spinal Muscular Atrophy or Duchenne Muscular Dystrophy exempted from levy of Customs Duty […]
CBIC amended UTGST Rate on certain goods with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No. 08/2021- Union Territory Tax (Rate) | Dated: 30th September, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 8/2021-Union Territory Tax […]
Anti-dumping duty on imports of Glazed/Unglazed Porcelain/Vitrified tiles in polished or unpolished finish with less than 3% water absorption originating in or exported from China PR further extended till 28th February, 2022 vide Notification No. 54/2021-Customs (ADD) | Dated: 30th September, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th September, 2021 Notification No. 54/2021-Customs […]
These regulations may be called the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2021.
CBIC amended IGST Rate on certain goods with effect from 1st day of October, 2021 to implement recommendations made by GST Council in its 45th meeting held on 17.09.2021. Notification No. 08/2021- Integrated Tax (Rate) | Dated: 30th September, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) Notification No. 8/2021-Integrated Tax (Rate) New […]
