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Updates For the Day: September 25, 2021

DGFT Extends Export Obligation period of specified Advance and EPCG Authorisations till 31st December 2021

DGFT extended the export obligation period of Advance Authorisations (AA) and EPCG Authorisations till December...

DGFT notifies the SEIS Benefits for Services Rendered in FY 2019-20.

The deadline for submission of SEIS application for FY 2019-20 shall be 31st December, 2021,...

Ministry of Chemical and Fertilizers notifies a Scheme for Promotion of Medical Device Parks.

The State Government of Himachal Pradesh, Tamil Nadu, Madhya Pradesh, and Uttar Pradesh have been...

The Central Goods and Services Tax (Eighth Amendment) Rules, 2021.

Any person, claiming refund under section 77 of the Act of any tax paid by...

CBIC issues clarification relating to Export of Services-condition (v) of section 2(6) of the IGST Act 2017.

CBDT has clarified that a company incorporated in India and a body corporate incorporated by...

Income-tax (30th Amendment) Rules, 2021

An eligible assessee has entered into an eligible international transaction and the option exercised by...

The Environment (Protection) Fourth Amendment Rules, 2021

The amendment provides new standards for discharge of Effluent from Tannery Industry. The standards shall...

Export Policy of Mercury revised from ‘Free’ to ‘Restricted’ subject to Consent PIC from MoEF&CC

Export Policy of Mercury has been amended from ‘Free’ to ‘Restricted’ with immediate effect. The...

Clarification on issue duty credit for goods exported under the Scheme for Rebate of State and Central Taxes and Levies

The value of the said goods for calculation of duty credit to be allowed under...