CBIC’s Amnesty Scheme to Revoke GST Registration Cancellation
Seize the opportunity to revoke your cancelled GST registration with CBIC's Amnesty Scheme. Learn eligibility, application process, and deadline to avoid penalties.
Tag: Notifications
Relief for Rare Disease Patients: Government Exempts Customs Duty on Drugs and Food
The Indian government has exempted customs duty on imported drugs and food for rare diseases treatment, providing much-needed financial relief to patients.
CBIC Instructions on Origin Procedures for Ind-Aus ECTA
CBIC issues instruction to clarify the implementation of origin procedures under the India-Australia Economic Cooperation and Trade Agreement, including the recognition of electronic certificates of origin and defacement procedures.
Tobacco/ Pan Masala: GST Compensation Cess Rates Now RSP Based
Learn about the changes to the new RSP based GST compensation cess rates on pan masala and tobacco products, effective April 1, 2023.
CBIC Reduces Tax Rates for Pencil Sharpeners and Pre-Packaged Rab
The CBIC has lowered the tax rates for pencil sharpeners and pre-packaged and labelled Rab from 18% to 12% and 5%, respectively, effective March 1, 2023.
CBIC Extends GST Dispensation to Courts and Tribunals: RCM on Commercial Services
CBIC has amended its notifications to apply GST dispensation under RCM to courts and tribunals in India for commercial services like renting premises to telecommunication companies and renting chambers …
CBIC notifies ‘Nil’ GST rate for Rab (other than packaged or labelled)
The Central Board of Indirect Taxes and Customs (CBIC) has announced a reduction in the Goods and Services Tax (GST) rate for “Rab” sold without packaging and labelling from …
CBIC Exempts Government Bodies from GST for Conducting Entrance Exams for Educational Institutions
CBIC has exempted government bodies, including the National Testing Agency, from GST for conducting entrance examinations for educational institutions, effective March 1, 2023.
IT Rules 16CC/17B and Forms 10B/10BB amended: CBDT Income Tax Notification 7/2023
The CBDT has notified the Income-tax (3rd Amendment) Rules, 2023, to amend IT Rules 16CC/17B and Forms 10B/10BB which shall be effective as of 01/04/2023, vide Income Tax Notification …
CBDT notifies New ITR Forms for AY 2023-24 (ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7)
CBDT has notified new Income Tax Return (ITR) Forms in respect of Assessment Year (AY) 2023-24, i.e. ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, ITR-6 and ITR-7, vide Notifications …