India exempts Covid-19 vaccine from import duty : Rashtra News The Central Board of Indirect Taxes and Customs (CBIC) has fully exempted imports of Covid 19 vaccines from basic customs duty, from October 1 till December 31. "The Central Government, on being satisfied that it is necessary in the public interest so to do, hereby
GST panel to consider giving waiver on 1 day interest, late fee : Rashtra News As some taxpayers faced difficulties in filing GST return on Monday, the tax department on Tuesday said the IT grievance redressal committee would consider giving interest and late fee waiver. The Central Board of Indirect Taxes and Customs (CBIC) in
GST authorities have issued notices to companies for discrepancies in input tax credit claims, prompting scrutiny of annual returns against monthly filings. Notices under Section 150 of the CGST Act demand explanations for "short reporting" of ITC. However, businesses argue that some notices lack verification, imposing undue compliance burdens. Despite this, officials maintain that mismatches cannot be overlooked.
Govt raises import duty on gold, silver findings to 15 pc dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.