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FinMin empanels B.A.V. Srinivasa Rao and Lalit Prasad as Principal Commissioner of CBIC on ad-hoc Basis

The Central Board of Indirect Taxes & Customs (CBIC) under the Department of Revenue has recently issued an Office Order informing the empanelment and promotion of B.A.V. Srinivasa Rao and Lalit...

FinMin empanels - B.A.V. Srinivasa Rao - Lalit Prasad - Principal Commissioner - CBIC - ad-hoc Basis - TAXSCAN
Avinash Kurungot

Apartment Owners Association not liable to Pay GST on share of contribution less than Rs.7500/- per month per member: AAR [Read Order]

The West Bengal Authority for Advance Ruling ( AAR ) in a recent matter before it ruled that the Residential Welfare Association ( RWA ) functioning within an Apartment facility shall not be liable...

Apartment Owners Association not liable to Pay GST on share of contribution less than Rs.7500/- per month per member: AAR [Read Order]
Avinash Kurungot

Finance Ministry amends Customs Notification to Align with 2024 Budget Amendments [Read Notification]

The Finance Ministry has amended the 14 customs notifications to align with the budget 2024 amendments. The amendment shall come into force on 1st October 2024. In exercise of the powers conferred...

Finance Ministry amends Customs Notification to Align with 2024 Budget Amendments [Read Notification]
Navasree A.M

Govt Notifies GSTAT Appointing, Disciplinary and Appellate Authorities for Group B and C [Read Notification]

The Government has notified the appointing, disciplinary and appellate authorities for the GSTAT ( Goods and Services Tax Appellate Authority ). The notification no. G.S.R. 454(E) dated 28th July...

Govt Notifies GSTAT Appointing, Disciplinary and Appellate Authorities for Group B and C [Read Notification]
Navasree A.M

45 Day MSME Payment Mandate u/s Section 43B(h) may be relaxed, Proposal Underway, hints Finance Ministry Official

The finance ministry is currently examining a proposal to modify the upcoming income tax regulation, which mandates business entities to settle payments to micro, small, and medium enterprises (...

MSME - MSME payment - MSME payment time - Taxation for MSME - Finance Ministry update - taxscan
Manu Sharma

Central Govt likely to Revamp RoDTEP System Amidst Dual Anti-Subsidy Measures in USA and EU

In response to anti-subsidy measures in the United States and the European Union, the central government is considering a substantial redesign of the Remission of Duties and Taxes on Exported...

remission of Duties and Taxes on Exported Products - USA - EU- TAXSCAN
Navasree A.M

CBIC imposes Anti-Dumping Duty on Gypsum Tiles and Boards

The Department of Revenue has imposed a dumping duty against Gypsum Tiles as goods being dumped into India, from the People’s Republic of China and Oman as per investigation s conducted by competen...

CBIC imposes Anti-Dumping Duty - Gypsum Tiles and Boards - Anti-Dumping Duty - TAXSCAN
Amal Michael

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