Publishers of Indirect taxes and Foreign Trade of India.
The Ministry of Finance has announced amendments to the Central Goods and Services Tax Act, 2017, waiving the late fee in excess of INR 250 for registered persons who fail to furnish GSTR-4 returns...
The Indian Government has announced the phased implementation of the Electronic Cash Ledger (ECL) in Customs starting April 1, 2023. The ECL, introduced under Section 51A of the Customs Act, 1962, will allow importers,...
The Central Government has issued Notification No. 18/2023-Customs on March 29, 2023, amending the notification of the Government of India in the Ministry of Finance (Department of Revenue), 8/2020-Customs, dated February 2, 2020. The...
The Central Government has issued Notification No. 17/2023-Customs, amending the Government of India’s Ministry of Finance (Department of Revenue) Notification No. 50/2017-Customs, on March 29, 2023. The new S. No. 460A, 460B, 460C, 460D,...
The Ministry of Finance has issued a circular clarifying the GST rate and classification for ‘Rab,’ following the 49th GST Council meeting held on 18th February 2023. Effective from 1st March 2023, a 5%...
The Indian Ministry of Commerce and Industry has extended the deadline for mandatory electronic filing of Non-Preferential Certificate of Origin (CoO) through the Common Digital Platform to December 31, 2023. The transition period for...
India’s Ministry of Commerce and Industry has included 18 Harmonized System (HS) codes under Heading 5208 in Appendix 4R for the RoDTEP scheme. The RoDTEP Committee recommended the additions, which will have a 4.3%...
The Central Board of Indirect Taxes and Customs (CBIC) has issued an instruction to demarcate the role of the Central Intelligence Unit (CIU) in relation to anti-smuggling work. The CBIC has directed that in...
(DGFT) has amended the Standard Input Output Norms (SION) for the export of wheat flour. Multi Grain Atta or Fortified Whole Wheat Atta can now be exported if the product contains at least 80%...
DGFT has amended the Export Policy of Bio-fuels under Chapter 27 of Schedule 2, allowing the export of Bio-fuels from Special Economic Zones (SEZ)/Export Oriented Units (EoUs) for fuel and non-fuel purposes without any...
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