Finance Minister has introduced the Finance Bill, 2022 in Lok Sabha today, that is 1st February, 2022. Changes in Customs, Central Excise, GST law and rates have been proposed through the Finance Bill, 2022.
India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall, sharp rebound and recovery of the economy from the adverse effects of the pandemic is reflective of our country’s strong resilience. This was stated by Union Minister for Finance and Corporate Affairs Smt Nirmala […]
Budget 2022-2023 Speech of Nirmala Sitharaman Minister of Finance February 1, 2022 Hon’ble Speaker, I present the Budget for the year 2022-23. Introduction 1. At the outset, I want to take a moment to express my empathy for those who had to bear adverse health and economic effects of the pandemic. 2. The overall, sharp […]
The Application in GST ARA Form No. 01 of M/s. Reliance Industries Limited, vide reference ARA No. 35 Dated 02.09.2021 is disposed of, as being withdrawn voluntarily and unconditionally.
Sree Krishna Enterprises Vs Commissioner of Customs (CESTAT Chennai) Appellant submitted that the Show Cause Notice having been issued by DRI, the order passed cannot sustain in terms of the decision of the Hon’ble Supreme Court in the case of Canon India Pvt. Ltd. Vs. Commissioner of Customs reported in 2021 (376) ELT 3 (SC). […]
Seeks to supersede notification No. 49/2008-Central Excise (N.T.) dated 24.12.2008, in order to align it with the current legal position, post roll-out of GST vide Notification No. 01/2022 -Central Excise (N.T.) Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE […]
Seeks to further amend Notification No. 11/2017- Central Excise, dated 30th June, 2017, to increase Basic Excise Duty on Unblended Petrol and Diesel, in order to promote Blending in the country vide Notification No. 01/2022 -Central Excise Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. GOVERNMENT OF […]
Seeks to rescind the countervailing duty (CVD) imposed on imports of Certain Hot Rolled and Cold Rolled Stainless Steel Flat Products originating in or exported from China PR which was imposed by vide Notification No. 1/2017- Cus (CVD) dated 07.09.2017. CBIC notifies Notification No. 1/2022-Customs (CVD) dated 1st February, 2022 to give effect to above […]
seeks to rescind the anti-dumping duty imposed on imports of High Speed Steel of Non-Cobalt Grade originating in or exported from Brazil, China PR and Germany vide Notification No. 38/2019-Cus (ADD) dated 25.09.2019 vide Notification No. 06/2022-Customs (ADD) Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. […]
Seeks to rescind the anti-dumping duty imposed on imports of Straight Length Bars and Rods of alloy steel originating in or exported from China PR vide Notification No. 54/2018-Cus (ADD) dated 18.10.2018 vide Notification No. 05/2022-Customs (ADD) Dated 1st February, 2022 to give effect to Changes prescribed vide Union Budget 2022-23 i.e. Finance Bill 2022. […]
