West Bengal GST: Mandatory Requirement of Quoting Documentation Identification Number (DIN) on All GST Communications For keeping the objectives of transparency and accountability in the administration of GST laws through widespread use of information technology, the Directorate of Commercial Taxes of West Bengal vide Trade Circular Number 01/2023 dated 29/03/2023 has issued guidelines for using...Read More
CBIC Waive the interest on import duties for the period from April 01, 2023 to April 10, 2023 CBIC (Central Board of Indirect Taxes and Customs) on 06th April 2023 issued order no. 01/2023 – Customs (N.T) under Customs (waiver of interest) order, 2023 to waive the whole of interest payable under sub-section (2) of...Read More
EODC/Redemption Process for Advance Authorisation and EPCG Defined by DGFT EPCG/AA DGFT, on 06th April 2023 issued Trade Notice No. 01/2023-24 to define redemption/ closure process of EPCG and Advance Authorisation.Online application for redemption/closure of licence may be submitted by navigating to DGFT website –> Services –> AA / EPCG –> Closure of Advance Authorisation...Read More
GST Registration | GST Registration Process in Hindi | Online GST Registration करना सीखें | If you’re looking to register for GST (Goods and Services Tax) in India, this video is for you. In this tutorial, we’ll go through the step-by-step process of registering for GST. Firstly, you’ll need to have the required documents ready...Read More
Amnesty EPCG/ Advance Authorisation Scheme Generally goods including capital goods or raw material can be imported on payment of custom duty. However, as per Foreign Trade Policy exporters can import capital goods or raw material without payment of custom duty, if they take EPCG/Advance Authorisation from DGFT, however for taking advantage of duty-free import, it...Read More
Key Analysis of CGST Notifications issued on 31/03/2023 Recently, Government has issued various notifications to give effect to the recommendations of the GST Council in its 49th Meeting held on 18th February, 2023.Gist of all the notifications is given hereunder: 1. Amnesty schemes for non-filers of return: i. Late Fee reduced/waived on non-filing of...Read More
Key Highlights: Foreign Trade Policy 2023 Key Highlights: Foreign Trade Policy 2023 Central Government notified the new Foreign Trade Policy 2023, in exercise of powers conferred by section 5 of Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) [FT (D&R) Act], as amended Directorate General of Foreign Trade (DGFT) on 31st March...Read More
Author: ProIndiaClub This Video tutorial on Import Export Procedures describes the complete process to apply the Import Export Code online, by watching the Video users can easily apply the IEC application on Government Portal without paying any additional fee to anyone, to know the documentation requirement for import export code users can refer our earlierRead More