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CBIC amends Excise Duty rate on Petroleum Crude & ATF wef 17.10.2023

October 17, 2023 522 Views 0 comment Print

CBIC reduces Special Additional Excise Duty on crude oil production and ATF exports. Notification No. 34/2023-Central Excise, effective from October 18, 2023

Proposed Amendments to Geographical Indications Rules 2023

October 17, 2023 1155 Views 0 comment Print

Discover the proposed changes to the Geographical Indications of Goods Rules. Understand the implications and how to share objections or suggestions with the Ministry of Commerce and Industry

Foreign Exchange Management (Debt Instruments) (Second Amendment) Regulations, 2023

October 16, 2023 1236 Views 0 comment Print

Explore significant changes introduced by Reserve Bank of India in Foreign Exchange Management (Debt Instruments) Regulations for 2023.

Maharashtra GST Authority Appoints New Member

October 16, 2023 948 Views 0 comment Print

Maharashtra Goods and Services Tax Authority makes changes in its lineup, appointing Shri. Ajaykumar Vaman Bonde as a member of Advance Ruling Authority.

CBDT Introduces Form 15CD for IFSC Unit Remittances

October 16, 2023 10899 Views 1 comment Print

CBDT amends rule 37BB and introduces Form 15CD for International Financial Services Centre (IFSC) unit remittances from January 1, 2024

RBI Clarification: Reporting Reverse Repo Transactions in Form ‘A’ Return

October 16, 2023 801 Views 0 comment Print

Get insights on RBI’s recent clarification on reporting Reverse Repo transactions for commercial banks in Form ‘A’ Return. Learn the new practice guidelines.

Notification No. 89/2023-Income Tax, Dated: 13/10/2023

October 13, 2023 11592 Views 0 comment Print

The Indian Ministry of Finance has issued Notification No. 89/2023-Income Tax on October 13, 2023. This notification designates Stichting Pensioenfonds ABP as the specified person for eligible investments made in India. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 89/2023-Income Tax | Dated: 13th October,2023 S.O. 4501(E).— In exercise of […]

Extension of Export Duty on Parboiled Rice up to April 1, 2024

October 13, 2023 2742 Views 0 comment Print

Indian Ministry of Finance extends the export duty of 20% on parboiled rice up to April 1, 2024. Learn about this amendment and its implications.

Extended Deemed Exports Benefits for Fuel Supply in Petroleum Exploration

October 12, 2023 465 Views 0 comment Print

Discover extension of Deemed Exports benefits for fuel supply in petroleum exploration till March 31, 2023, and guidelines for claiming refunds. Learn more

IFSCA-Approved Jewelers Can Import Silver via IIBX: DGFT

October 11, 2023 621 Views 0 comment Print

DGFT amends silver import policies. IFSCA-Approved jewelers can import silver under specific ITC(HS) codes via India International Bullion Exchange IFSC Ltd. (IIBX)

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