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GST & ITC on recovery from employees against canteen/transportation facilities

November 17, 2023 1938 Views 1 comment Print

Explore GST implications & Input Tax Credit eligibility for canteen and transportation services in recent AAR Telangana ruling on Kirby Building Systems.

Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme

November 17, 2023 2673 Views 0 comment Print

Learn about the RoDTEP scheme, a Department of Commerce program implemented in 2021 for rebates on exports. Get updated information from November 2023 for Central, State, and local duties/taxes/levies.

EXIM Trade through Courier/Post – A Growth Enabler

November 17, 2023 933 Views 0 comment Print

EXIM Trade through Courier/Post: Simplify cargo clearance at 14 Customs Airports in India with Express Cargo Clearance System (ECCS). 100% X-Ray screening & 24×7 operations for faster movement of goods.

Anti-Dumping Duty on Chinese Toughened Glass for Home Appliances

November 17, 2023 4416 Views 0 comment Print

Government of India enforces anti-dumping duty on toughened glass for home appliances from China for 5 years. Get details on affected products and key producers

Paperless Customs initiative to speed up Customs clearance process

November 17, 2023 1899 Views 0 comment Print

Learn how the Paperless Customs initiative helps speed up Customs clearance processes & enhances the efficiency of the logistics network!

Customs Exchange Rates effective from 17th November, 2023

November 16, 2023 1116 Views 0 comment Print

Stay informed with the updated foreign exchange rates as per Notification No. 84/2023-Cus (NT) dated 16th November 2023. Check the rates for imported and exported goods

CBIC reduces SAED on Petroleum Crude production wef 16.11.2023

November 15, 2023 513 Views 0 comment Print

“Read about CBIC’s latest move reducing Special Additional Excise Duty on Petroleum Crude production to Rs. 6300 per tonne, effective from November 16, 2023.

CIT(A) Required to Provide Plausible Reasons for Deletion of Addition: ITAT

November 14, 2023 885 Views 0 comment Print

ITAT Hyderabad ruling on CIT(A) requirements, reasons for deletion of additions, and appeal filed by Revenue against Bharat Auto Tech Private Limited.

Income Tax Reassessment Requires valid service of Section 148 Notice

November 14, 2023 5781 Views 0 comment Print

In the PCIT vs. Madhu Gupta case, Delhi HC emphasizes the necessity of a properly served notice under Section 148 for triggering reassessment proceedings.

CESTAT grants exemption to Sun Pharmaceuticals on ‘Danazol’ from excise duty

November 14, 2023 2664 Views 0 comment Print

CESTAT Chennai grants unconditional exemption to Sun Pharmaceuticals on ‘Danazol’ from excise duty. Full details of the order against Commissioner of GST & Central Excise.

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