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Anti-subsidy investigation concerning imports of Fiberboards

May 3, 2021 1023 Views 0 comment Print

CASE No. CVD 06/2019 Anti-subsidy investigation concerning imports of Fiberboards originating in or exported from Indonesia, Malaysia, Thailand, Vietnam and Sri Lanka.

Incentives to procurement of medical oxygen & related accessories, ventilators, vaccine, medicines etc

May 1, 2021 2901 Views 0 comment Print

State of Gujarat is facing acute shortage of medical oxygen and related accessories, ventilators, vaccine, medicine etc. Large number of Corporates, NGOs and individuals are coming forward to help the State Government in its efforts to overcome the Pandemic by way of procuring such material from foreign countries.

IGST reduced to 12% on oxygen concentrators

May 1, 2021 9231 Views 1 comment Print

IGST on Import of Oxygen Concentrators for personal use has been reduced from 28% to 12% to bring IGST rate on such personal imports at par with commercial imports of the same. This reduced IGST rate for imports of concentrator for personal use shall be applicable upto the 30/6/2021. Notification No. 30/2021-Customs Dated 1st May, […]

SFT for Mutual Fund Transactions – Format, Procedure & Guideline

April 30, 2021 22374 Views 1 comment Print

Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Mutual Fund Transactions by Registrar and Share Transfer Agent – Notification No. 4 of 2021-Income Tax-DGIT Dated: 30th April, 2021 Also Read- Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Depository Transactions-Notification No. 3 of 2021-DGIT Dated: […]

SFT for Depository Transactions – Format, Procedure & Guideline

April 30, 2021 20364 Views 0 comment Print

Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Depository Transactions-Notification No. 3 of 2021-DGIT Dated: 30th April, 2021 Also Read – Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Mutual Fund Transactions by Registrar and Share Transfer Agent – Notification No. 4 of 2021-Income Tax-DGIT […]

Duty exemption on import of oxygen concentrators for personal use

April 30, 2021 3072 Views 1 comment Print

Para 2.25 of Foreign Trade Policy, 2015-20 is revised to include import of oxygen concentrators for personal use through post, courier or e-commerce portals in the list of exempted categories, where Customs clearance is sought as gifts, till 31 July 2021.

Aadhaar must for availing benefits under Code on Social Security 2020

April 30, 2021 2883 Views 0 comment Print

Section 142 of the Social Security Code – 2020 Notified Aadhaar mandatory from 3rd day of May, 2021 under Code on Social Security, 2020 for availing (a) registration as member or beneficiary; or (b) seeking benefit whether in kind, cash or medical sickness benefit or pension,gratuity or maternity benefit or any other benefit or for […]

CBDT notifies Income Tax rule 44DA & FORM No. 34BB

April 30, 2021 3624 Views 0 comment Print

CBDT notifies vide Notification No. 40/2021 dated 30th April 2021 Income Tax rule 44DA and FORM No. 34BB for Exercise of option to withdraw pending application under sub-section (1) of section 245M of the Income-tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 40/2021-Income Tax Dated: […]

Import duty on specified Inflammatory Diagnostic (markers) kits exempted

April 30, 2021 1782 Views 0 comment Print

CBIC amends notification No. 27/2021-Customs to exempt customs duty on import of Inflammatory Diagnostic (marker) kits, namely- IL6, D-Dimer, CRP(C-Reactive Protein), LDH (Lactate De-Hydrogenase), Ferritin, Pro Calcitonin (PCT) and blood gas reagents, up to 31st October, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi Notification No. 29/2021-Customs  Dated 30th April, 2021  […]

Rajiv Magoo appointed as member of Maharashtra GST Advance Ruling Committee

April 29, 2021 1710 Views 0 comment Print

Shri. Rajiv Magoo, Joint Commissioner of Central Tax has been appointed as member of Maharashtra GST Advance Ruling Committee in the place of Ms. P. Vinitha Sekhar. FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, Dated the 29th April 2021. NOTIFICATION MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST-1021/C.R. 43/Taxation-1. […]

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