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Customs Exchange Rates effective from 8th December, 2023

December 7, 2023 2235 Views 0 comment Print

Explore Notification 90/2023-Customs (N.T.) dated 7th December, 2023, revealing revised foreign exchange rates for imports and exports. Detailed schedules and implications discussed

Export policy of onions amended to ‘Prohibited, till 31.03.2024

December 7, 2023 1854 Views 0 comment Print

Explore the impact of DGFT Notification 49/2023 on onion exports. Changes in export policy, conditions, and exemptions discussed. Effective from December 8, 2023

CBIC exempts imports of Yellow Peas from BCD & AIDC up to 31.03.2024

December 7, 2023 2385 Views 0 comment Print

Explore Customs Notification 64/2023 exempting Yellow Peas [HS 0713 10 10] from duty and AIDC until March 2024. Details, analysis, and implications discussed

Export of Non-Basmati White Rice to Comoros, Madagascar etc. via NCEL

December 7, 2023 792 Views 0 comment Print

Explore DGFT Notification 48/2023, permitting Non-Basmati White Rice export to Comoros, Madagascar, Equatorial Guinea, Egypt, and Kenya through NCEL. Get insights now

Exemption for Non-Basmati Rice Export to Nepal Earthquake Victims

December 7, 2023 675 Views 0 comment Print

Explore DGFT Notification 47/2023 by the Government of India, granting a one-time exemption for Indian Rice Exporters Federation to export 20 MT of Non-Basmati Rice for Nepal earthquake victims

Supply for Cattle Feed Plant Setup: Composite Works Contract

December 7, 2023 1110 Views 0 comment Print

Cattle Feed Plant is an immovable property and supply of goods and services by the appellant for setting up and running of Cattle Feed Plant amounts to composite supply of works contract as defined in clause (119) of Section 2 of CGST Act, 2017

AJL not a ‘Local Authority’ & liable to pay GST on security & advertisement services

December 7, 2023 1302 Views 0 comment Print

GST Appellate Authority upheld the key aspects of the Gujarat Authority for Advance Ruling. AJL was not classified as a ‘Local Authority,’ and it was liable to pay GST on security and advertisement services. The requirement for GST registration as a deductor did not apply, and the attempt to be categorized as a ‘Government Entity’ or ‘Governmental Authority’ was dismissed.

Special Economic Zones (Fifth Amendment) Rules, 2023

December 6, 2023 7413 Views 0 comment Print

Explore the Special Economic Zones (Fifth Amendment) Rules, 2023, empowering Information Technology zones with non-processing areas. Learn about benefits, regulations, and implications

Non-Appointment of Wholetime Director: MCA Imposes Rs. 11 Lakh Penalty

December 6, 2023 17655 Views 0 comment Print

MCA has levied a substantial penalty of Rs. 11 lakh on Sylph Technologies Limited for failing to appoint a whole-time director.

Issue of GST on Preferential Location Charges (PLC) not fall under CCI purview

December 6, 2023 1077 Views 0 comment Print

Competition Commission of India’s ruling on GST implications for Preferential Location Charges (PLC) in the Sudhir Kumar Jain Vs DLF Limited case.

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