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 […]
[slide-anything id=”49809″] 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) […]
Restriction on blocking of ITC Under Rule 86A
How to apply Import Export Code (IEC): Complete Procedure 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 […]
In any type of businesses, an accountant is needed. You have to consider that accounting is basically the language in business and having enough knowledge about accountancy is essential for businessmen and women to know how their business is doing. This is why accounting professionals are very much in demand today. And, a lot of […]
Finance Minister Nirmala Sitharaman chaired the 49th GST Council meeting today in Delhi with Minister of State for Finance Pankaj Chaudhary, her state counterparts and other senior officers. In the meeting Government of India has decided to clear the entire pending balance GST compensation of Rs. 16,982 crore for June’ 2022 A Gist of the […]
DGFT on January 20, 2023 issued a public notice no. 53/2015-20 to provide the big relief to EPCG authorisation holders in terms of Export Obligation Period as well as Average Annual Export Obligation required to be maintained by the EPCG Authorisation holder. A new sub – para 5.13(d) is added after para 5.13(c) of the […]
Director General of Foreign Trade (DGFT), on December 07, 2022 issued notification no. 47/2015-20 to amend the RODTEP Policy. Notification notified the a revised Appendix 4R under para 4.59 of Foreign Trade Policy, 2015-20 for export made from 15.12.2022 The revised Appendix 4R will be applicable for export made from 15.12.2022 to 30.09.2023. As an […]