A. Amendment
Notification No. 42/2024-Customs dated 06.09.2024
Customs dated 06.09.2024 to rescind Notification No. 26/2011-Customs, dated 01.03.2011 which exempted works of art imported for exhibition in public museums or national institutions from customs duty and integrated tax.
Notification No. 58/2024-Customs (N.T.) dated 04.09.2024
CBIC issued Notification no. 58/2024-Customs (N.T.) dated 04.09.2024 for the Appointment of Common Adjudicating Authority i.r.o. M/s Zenlayer Inc.
Notification No. 59/2024-Customs (N.T.) dated 05.09.2024
CBIC issued Notification no. 59/2024-Customs (N.T.) dated 05.09.2024 regarding the Appointment of Common Adjudicating Authority i.r.o. M/s D K Biopharma Pvt. Ltd.
Reforms like GST & IBC have yielded long-term positive outcomes: RBI Government Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in various economic sectors and markets, and the country is geared for orbital shifts.
K’taka govt urges PM to abolish 18% GST on health insurance premiums
The Karnataka government on Friday urged Prime Minister Narendra Modi to advise the GST Council, which is set to meet on September nine, to abolish the 18 per cent tax on health insurance premiums.
Transfer of leasehold land: Authorities may have upper hand in GST levy
In the recent debate between realty companies and tax authorities around the demand for Goods and Services Tax (GST) on transfer of leasehold land, the latter may have a stronger case.
Fitment committee defers decision on GST compliance for foreign shipping lines
The Fitment Committee, comprising of state and centre revenue officials has deferred its decision regarding Goods and Services Tax (GST) compliance issues for Foreign Shipping Lines (FSLs) in India.
LIC Faces Two More GST Penalties From Tamil Nadu And Telangana Authorities
Life Insurance Corporation of India Ltd. has been hit with penalties totalling Rs 230 crore from the Goods and Services Tax authorities in Telangana and Tamil Nadu, according to exchange filings on Friday.
Businesses gear up for invoice management system under GST from Oct 1
Businesses will have to quickly get prepared for the new invoice management system under the goods and services tax that will be introduced from October 1. The new functionality will help taxpayers efficiently address invoice corrections and amendments with their suppliers through the GST Network portal.
Snowman Logistics sees massive reduction in tax demand
Snowman Logistics Limited announced a significant reduction in its income tax demand for the assessment year 2018-19.
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