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. [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 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. [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. [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 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: 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. [ Notification dtd 28th Sept 2021 – F.No. 6/8/2020-DGTR]
Customs: Anti-dumping investigation on imports of Decor Paper from China [ Notification dtd 28th Sept, 2021 – Case No. AD (OI) – 33/2020]
SEBI: Bank accounts for payment of fees to SEBI under various Regulations [Circular Ref. No: NSE/CML/2021/35 dtd 28th Sept 2021]
DGFT: DGFT extends time for Radiation Portal Monitors & Container Scanners installation [Public Notice No. 26 /(2015-2020) dtd 29th Sept 2021.]
DGFT: Validity of HBP 2015-2020 extended upto 31st March, 2022 [Public Notice No. 25/2015-2020-DGFT dtd 28th Sept 2021.]
DGFT: Validity of FTP 2015-2020 extended upto 31st March, 2022 [Notification No. 33/2015-2020 – DGFT dtd 28th Sept 2021]
FEMA : Govt appoints Regional Special Director (Appeals) to hear appeal against order of Adjudicating Authority [Notification S.O. 3958(E). dtd 24th Sept 2021]
Customs : New policy is designed for imposing the import duty id empty container is not returned. This policy was necessitated to reduce adverse impact of Global Container Shortage. [Circular No. 21/2021-Customs Dated 24th of September, 2021]
GST: Refund under section 77 of the CGST Act / Section 19 of the IGST Act would not be available where the taxpayer has made tax adjustment through issuance of credit note under section 34 of the CGST Act in respect of the said transaction. [Circular No. 162/18/2021-GST dtd 25th Sept 2021]
GST : Constitution of Group of Ministers (GoM) on GST System Reforms [Office Memorandum S-31011/12/2021-DIR(NC) dtd 24th Sept 2021]
Corporate Law: Extension of last date of filing of Cost Audit Report to Board of Directors is 31st October 2021 [General Circular No. 15/2021 dtd 27th Sept 2021]
Corporate Law: Mandating the mentioning of TSSAI License/Registration number on receipts/invoices/cash memo/bills etc. by food businesses on sale of food products [Order No. File No. 15(31)2020/FoSCoS/RCD/FSSAI dtd 8th June 2021]
Corporate Law: Draft Delhi Shops and Establishments (Amendment) Rules, 2021 [Notification No. 15(52)/Lab/2021/3618-3626 dtd 24th Sept 2021]
