CBIC reduces Special Additional Excise Duty on export of Diesel to Rs. 5.00 per litre from earlier rate of Rs. 5.5 per litre with effect from 30th day of September, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 33/2023-Central Excise | Dated: 29th September, 2023 G.S.R. 701(E).—In exercise of the powers conferred […]
CBIC amends Notification No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude to Rs. 12,100 per tonne from earlier Rs. 10,000 per tonne and reduce the Special Additional Excise Duty on export of ATF to Rs. 2.50 per litre from earlier Rs. 3.5 per litre […]
CBDT’s recent notification (No. 85/2023) outlines tax exemption for the ‘National Farmers Welfare Program Implementation Society.’ Discover the income sources covered and conditions here.
CBDT’s latest notification (No. 84/2023) on ‘Punjab Nurses Registration Council’ clarifies its tax-exempt status for specific income sources. Details here.
CBDT introduces Rule 21AHA & Form 10-IFA for exercising option under Section 115BAE(5) of Income Tax Act, 1961. Learn the rules, process, and significance.
Government of India amends Customs notification No. 55/2022 to provide export duty exemption for Bangalore Rose Onion. Learn about the changes in this notification.
Learn about the updated procedure, format, and standards for applying for an income tax certificate under Section 197 of the Income-tax Act in India. Effective from October 1, 2023
On September 27, 2023, CBDT amended Income Tax Rule 14A & 14B, introducing Form No. 6D for Inventory Valuation. Explore changes & implications
Government extends RoDTEP Scheme support till June 2024, aiding exporters with duty remission. Learn about its impact and budget allocation in this update.
Explore Maharashtra Goods and Services Tax (Amendment) Ordinance, 2023 and its significant changes. Understand the impact on online gaming, casinos, and more.
