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Amendments to GST Rates on Goods: Notification No. 60/2023-Customs

October 19, 2023 5688 Views 1 comment Print

The Ministry of Finance, Department of Revenue, has issued a significant notification, No. 60/2023-Customs, dated 19th October, 2023, aimed at amending Notification No. 50/2017-Customs. These amendments have been introduced to implement the recommendations made by the GST Council during its 52nd Meeting concerning changes in GST rates on goods. In this article, we will delve […]

India Permits Non-Basmati White Rice Exports to Multiple Nations

October 18, 2023 828 Views 0 comment Print

Government of India authorizes the export of Non-Basmati White Rice to Nepal, Cameroon, Cote d’ Ivore, Republic of Guinea, Malaysia, Philippines, and Seychelles.

India Extends Sugar Export Restriction Beyond October 31, 2023

October 18, 2023 1539 Views 0 comment Print

Government of India extends the export restriction on sugar, including raw, white, refined, and organic sugar, under specific HS codes beyond October 31, 2023.

Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2023

October 17, 2023 5283 Views 0 comment Print

Ministry of Finance has made significant amendments to Prevention of Money Laundering Rules in 2023. Learn about changes and their implications.

CBIC Reduces Excise Duty on Diesel Exports wef 18th October 2023

October 17, 2023 897 Views 0 comment Print

CBIC lowers Special Additional Excise Duty on diesel exports from Rs. 5 to Rs. 4 per litre, effective from October 18, 2023. Notification No. 35/2023-Central Excise.

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

October 17, 2023 1110 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 1527 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 1866 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 1470 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 17820 Views 1 comment Print

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

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