Publishers of Indirect taxes and Foreign Trade of India.
The Reserve Bank of India (RBI) has released a report titled “State Finances: A Study of Budgets of 2022-23” which provides information and analysis on the finances of Indian state governments for the 2022-23...
The Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR, 2023) has been issued by the Central Government for addressing the issue of undervaluation in imports. The rules provide for processes...
The GST Council has issued clarifications on the GST rates and classification of certain goods based on the recommendations of the GST Council in its 48th meeting held on 17th December, 2022. The clarifications...
The Central Government has granted a temporary exemption for COVID-19 vaccines from customs duties when imported into India by the Central or State Governments. This exemption will be effective from January 14th, 2023 and...
The GST Council has clarified the applicability of GST on certain services. Specifically, they have clarified whether GST is payable on accommodation services provided by Air Force Mess to its personnel and whether GST...
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