Understand customs duty implications for importing share certificates into India for dematerialization. Learn rates, exemptions, and valuation issues to avoid financial liabilities.
One crucial change was treatment of supplies made to SEZ units or developers, which were recognized as ‘Zero rated supplies’ under Section 16 of (IGST Act, 2017.
This article offers a comprehensive guide on the vital valuation aspects, customs compliance, and potential pitfalls of related party imports in India.
1. The general understanding / consensus among lawyers and law firms in India is that they are not required to obtain registration under the GST law and accordingly are not required to pay GST on their supply of legal services in India. This understanding to a large extent is legally correct, however there are certain […]
