Customs : ADD on import of Jute products import from Bangladesh & Nepal extended (06.10.2021)
Customs : ADD on import of Jute products import from Bangladesh & Nepal extended [Notification No. 58/2021-Customs (ADD) dtd 1st Oct 2021]
Customs : Anti-dumping duty on ‘ceramic tableware & glassware originating in or exported from Malaysia is extended (06.10.2021)
Customs : Anti-dumping duty on ‘ceramic tableware & glassware originating in or exported from Malaysia is extended so as to prevent the circumvention of anti-dumping duty levied on subject goods originating in or exported from China. [Notification No. 59/2021-Customs (ADD) dtd 4th October, 2021]
GST : Resumption of Blocking of E-Way Bill (EWB) generation facility (6.10.2021)
GST: Resumption of Blocking of E-Way Bill (EWB) generation facility [ Advisory on GSTN Portal dtd 4th Oct 2021]
Bizsol Update (October 2021)
Bizsol Update for the month October 2021: Article on “Production Linked Incentive Scheme (PLI) for Automobile & Auto Components” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt Ltd Changes in GST, FTP, Central Excise, Customs, Income Tax, Service Tax, MVAT, Company law, FEMA/ RBI , SEZ. Important due dates for the statutory payments for the …
Article on “Production Linked Incentive Scheme (PLI) for Automobile & Auto Components” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt Ltd ( October 2021)
Government of India is focusing on promoting environmental friendly electric vehicles and electric batteries. The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended from time to time and the last extension was allowed up to 31st March 2019. The 1st Phase …
Others: National Institutes of Food Technology Entrepreneurship and Management (NIFTEM) Act, 2021 notified to be applicable from 1st day of October, 2021 (02.10.2021)
Others: National Institutes of Food Technology Entrepreneurship and Management (NIFTEM) Act, 2021 notified to be applicable from 1st day of October, 2021
Others : Requirement to mention FSSAI License/ Registration number on receipts /invoices /cash memo/ bills etc. by food businesses on sale of food products deferred till 1st January 2022 (02.10.2021)
Others: Requirement to mention FSSAI License/ Registration number on receipts /invoices /cash memo/ bills etc. by food businesses on sale of food products deferred till 1st January 2022
Customs : Till the facility is operationalized for making claim of RoSCTL on export of apparels/garments/made-ups, the exporter can claim RoDtep and Duty Drawback vide Cus Circular no. 22/2021 dated 30th September, 2021 (02.10.2021)
Customs: Till the facility is operationalized for making claim of RoSCTL on export of apparels/garments/made-ups, the exporter can claim RoDtep and Duty Drawback vide Cus Circular no. 22/2021 dated 30th September, 2021
Customs : Process clarified for smooth implementation of RoDTEP ( 02.10.2021)
Customs : Process clarified for smooth implementation of RoDTEP vide Customs Circular No. 23/2021 dated 30th September, 2021
Customs : Anti-dumping duty shall not be levied for the period upto 31st day of January, 2022 on import of “Straight Length Bars and Rods of Alloy Steel”, ( 02.10.2021)
Customs : Anti-dumping duty shall not be levied for the period upto 31st day of January, 2022 on import of “Straight Length Bars and Rods of Alloy Steel”, falling under heading 7228 originating in or exported from People‟s Republic of China. [Notification No. 55/2021-Customs (ADD) dtd. 30th Sept 2021]
Customs : Levy of anti-dumping duty on “Glazed/Unglazed Porcelain/Vitrified tiles in polished or unpolished finish with less than 3% water absorption” from China PR extended upto 28th February, 2022 (02.10.2021)
Customs : Levy of anti-dumping duty on “Glazed/Unglazed Porcelain/Vitrified tiles in polished or unpolished finish with less than 3% water absorption” from China PR extended upto 28th February, 2022 [Notification No. 54/2021-Customs (ADD) dtd. 30th Sept 2021]
GST : Concessional GST Rate for Covid 19 relief items have been notified effective from 1st October 2021 to 31st December 2021.(02.10.2021)
GST: Concessional GST Rate for Covid 19 relief items have been notified effective from 1st October 2021 to 31st December 2021. [Notification No. 12/2021 Central Tax (Rate) dated 30.09.2021, Notification No. 12/2021 Integrated Tax (Rate) dated 30.09.2021 and Notification No. 12/2021 Union Territory Tax (Rate) dated 30.09.2021]
GST : GST Rate 5% is made applicable for Fortified Rice Kernel (Premix) supply for ICDS or similar scheme duly approved by the Central Government or any State Government. (02.10.2021)
GST: GST Rate 5% is made applicable for Fortified Rice Kernel (Premix) supply for ICDS or similar scheme duly approved by the Central Government or any State Government. [Notification No. 11/2021 Central Tax (Rate) dated 30.09.2021, Notification No. 11/2021 Integrated Tax (Rate) dated 30.09.2021 and Notification No. 11/2021 Union Territory Tax (Rate) dated …
GST : GST under reverse charge will be applicable on goods supplied by unregistered person falling under 33012400, 33012510, 33012520, 33012530, 33012540 (02.10.2021)
GST : GST under reverse charge will be applicable on goods supplied by unregistered person falling under 33012400, 33012510, 33012520, 33012530, 33012540 i.e. Following essential oils other than those of citrus fruitnamely: – a) Of peppermint (Menthapiperita); b) Of other mints : Spearmint oil (exmenthaspicata), Water mint-oil (exmentha aquatic), Horsemint oil (exmenthasylvestries), Bergament oil (ex-mentha …
GST : No GST will be applicable on Seeds, fruit and spores, of a kind used for sowing falling under chapter 1209. This entry does not cover seeds meant for any use other than sowing. (02.10.2021)
GST: No GST will be applicable on Seeds, fruit and spores, of a kind used for sowing falling under chapter 1209. This entry does not cover seeds meant for any use other than sowing. [Notification No. 9/2021-Central Tax (Rate) dtd 30th September 2021, Notification No. 9/2021-Integrated Tax (Rate) dtd 30th September 2021 and …
GST : GST rates for certain goods has been changed by amending Notification No. 01/2017 CTR dated 28.06.2017 (02.10.2021)
GST: GST rates for certain goods has been changed by amending Notification No. 01/2017 CTR dated 28.06.2017. [Notification No. 8/2021-Central Tax (Rate) dtd 30th September 2021, Notification No. 8/2021-Integrated Tax (Rate) dtd 30th September 2021 and Notification No. 8/2021-Union Territory Tax (Rate) dtd 30th September 2021]
GST : GST exemptions notification 12/2017 CTR dated 28.06.2017 has been amended w.e.f. from 01st October 2021 (02.10.2021)
GST: GST exemption is extended for services provided by trust or institution registered under section 12AB of Income Tax Act, 1961. GST exemption for services provided by & to FIFA and its subsidiaries for event FIFA U-17 Women’s world Cup 2020 to be hosted in India is continued whenever will be rescheduled. GST exemption is …
GST : GST rates for services has been changed by amending Notification No. 11/2017 CTR dated 28.06.2017 (02.10.2021)
GST: 12% GST tariff rate is specified for works contract services for a building owned by trust or institution registered under section 12AB of Income Tax Act, 1961. GST rate on temporary or permanent transfer or permitting the use or enjoyment of Intellectual Property (IP) right is made 18% for all goods. GST rate for …
Customs : Anti-dumping duty imposed on the imports of “Natural Mica based Pearl Industrial Pigments excluding cosmetic grade” originating in or exported from China. (30.09.2021)
Customs : Anti-dumping duty imposed on the imports of “Natural Mica based Pearl Industrial Pigments excluding cosmetic grade” originating in or exported from China. [ Notification dtd 28th Sept 2021 – F.No. 6/8/2020-DGTR]
Customs : Anti-dumping investigation on imports of Decor Paper from China (30.09.2021)
Customs: Anti-dumping investigation on imports of Decor Paper from China [ Notification dtd 28th Sept, 2021 – Case No. AD (OI) – 33/2020]
