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Updates For the Day: May 3, 2021

Import of inflammatory Diagnostic kits exempted from customs duty

The Department of Revenue has exempted from the whole of the duty of customs leviable...
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CBIC relaxes timelines for GST compliances in view of Covid-19 situation

The due date for filing details of outward supplies in FORM GSTR-1 for the tax...
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CBDT extends time lines for following IT Act compliances

The Central Board of Direct Taxes has extended time lines for compliances related to adjudication...
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DGFT allows import of oxygen concentrators for personal use till 31st July 2021.

Import of goods, including those purchased from e-commerce portals, through post or courier, where Customs...
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DGFT Increases the fee for issuing Certificate of Origin.

The maximum Fees for issuing Certificate of Origin shall be Rs. 200 per certificate....
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CBDT notifies Income-tax (12th Amendment) Rules, 2021.

As per the new rule, the exercise of the option by an assessee to withdraw...
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CBIC reduces IGST on import of Oxygen concentrators to 12%.

Due to the demand for oxygen-related equipment has been increasing in the wake of the...
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SEBI extends the timeline for updating of Scheme Information Document (SID) and Key Information Memorandum.

The Scheme Information Document shall be updated within one month from the end of the...
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Labour Ministry extends the public utility service status for aluminum segment services.

The services in industry Manufacturing of Alumina and Aluminium' and 'Mining of Bauxite' which is...
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The Labour Ministry extends the public utility service status on banking industry for another 6 months.

Due to the opinion that public interest requires the extension of the public utility service...
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