Category: Uncategorized

The Central Government of India has announced the implementation dates for specific provisions under the Finance Act, 2023 (08 of 2023). According to Notification No. 21/2023-Customs (N.T.), the provisions of clauses (a) and (b)...

The Central Government of India has announced further amendments to customs duty exemptions under the India-The United Arab Emirates Comprehensive Economic and Partnership Agreement (CEPA). The changes were made to the notification No. 22/2022-Customs,...

The Central Board of Indirect Taxes & Customs (CBIC) has made amendments to the tariff values for various goods, including crude palm oil, gold, and silver, effective from April 1, 2023. The amendments were...

The Central Government has announced further amendments to Notification No. 25/2021-Customs, dated March 31, 2021, concerning import duty exemption under the India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA). See Ntfn-19_2023-Cus-dated-31.03.2023

The Central Board of Indirect Taxes and Customs (CBIC) has made amendments to Notification No. 19/2022-Customs (N.T.) dated March 30, 2022. The changes include inserting the word “electronic” after the words “used for making”...

The Central Board of Indirect Taxes and Customs announced that certain deposits will be exempted from the provisions of section 51A of the Customs Act, 1962. The exemption applies to goods imported or exported...

The Central Government of India has amended compensation cess rates under the Goods and Services Tax (Compensation to States) Act, 2017, effective from April 1, 2023. The changes, recommended by the Council, adjust the...

The Ministry of Finance has appointed April 1, 2023, as the date for implementing Section 163 of the Finance Act, 2023 (08 of 2023).See Ntfn-01_2023_CC_Rate-dated-31.03.2023

The Ministry of Finance has announced a waiver for the late fee exceeding INR 500 for registered persons who fail to submit the final GSTR-10 return by the due date. The waiver will apply...

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...