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IGST RELIEF
SEZ units can sell locally at lower duty for one yearIndia has announced a one-time relief for Special Economic Zone (SEZ) units, allowing them to sell goods in the domestic market at a lower ...- SC seeks response from IndiGo's parent company in Customs IGST disputeThe Supreme Court has sought a response from IndiGo's parent company, InterGlobe Aviation, regarding the customs department's appeal agains...
- Missiles, drone batteries among 18 defence imports exempted from customs dutyThe Indian government has waived customs duties on 18 defence-related imports, including missiles, military aircraft, and artillery compone...
- Supreme Court relief for IndiGo & SpiceJet: No retrospective IGST on reimported aircraft partsThe Supreme Court provided relief to InterGlobe Aviation and SpiceJet. It dismissed the customs department's appeal. The appeal sought inte...
- Delhi HC strikes down IGST on reimported aircraft parts, relief for airlinesThe Delhi High Court declared the levy of IGST on reimported aircraft engines and parts after overseas repairs unconstitutional. The court ...
- Exporters seek amnesty scheme on IGST refund issuesThe PHD Chamber of Commerce and Industry has written to the Central Board of Indirect Taxes and Customs calling for a one-off amnesty schem...
- IGST on ocean freight likely to be scrappedExperts said the move is likely to bring much needed relief to the importers, whose refund claims worth over ₹1,000 crore are stuck. "The i...
- Gujarat High Court Orders IGST Refund on Ocean Freight Within 6 WeeksMany importers had filed the refund claims after the Supreme Court order, but their claims are still stuck. "It is directed that if any IGS...
- Gujarat High Court directs CBIC to refund IGST on ocean freight within six weeksMany importers had filed the refund claims after the Supreme Court order, but their claims are stuck. “It is directed that if any IGST amou...
- Vodafone gets IGST relief worth Rs 100 croreVodafone had claimed a refund of Rs 102.74 crore, pertaining to the period between May 2019 to June 2019 concerning refund of Rs.50.30 cror...
- SC stays Delhi HC order on IGST on oxygen concentratorsAttorney General of India KK Venugopal said the Goods and Services Tax Council last week decided to constitute a Group of Ministers (GoM) t...
- Delhi HC asks government to place issue of IGST on oxygen concentrators in Friday GST council meetThe issue of IGST on oxygen concentrators may already be addressed by the GST council on Friday. The council could look at doing away with ...
- GST council may do away with tax on oxygen concentrators, but only prospectively: SourcesCurrently imported oxygen concentrators attract 12% IGST. Many states have been pushing for doing away with the IGST on imported oxygen con...
- Delhi HC: No IGST levy on oxygen concentrators imported for personal useThe Delhi High Court has ruled that the government cannot levy integrated goods and service tax (IGST) on oxygen concentrators that are imp...
- India Inc seek IGST waiver on import of Covid goodsAs part of its Covid relief measures, the Centre had on May 3 exempted IGST on relief material with a pre-condition that they are donated a...
- Govt waives IGST on import of COVID-relief material received as donation for free distributionTo avail the exemption, the state governments will have to appoint a nodal authority who shall authorise any entity, relief agency or statu...
- No GST on gems meant for exhibitions abroadTill now, gems & jewellery which was being carried outside of the country even for exhibition/ consignment purpose was attracting IGST at r...
- Government promises to look into IGST leeway for foreign banksIn a reply to the Delhi High Court, the government on Wednesday said it would address the issue in the upcoming GST Council meeting.
- IGST relief likely for foreign banks, MNCs“The tax officials realise that this is an unintended consequence, and this could get resolved in the coming weeks,” a person close to the ...
- IGST to be levied only when goods are brought for customs clearanceCentral Board of Excise and Customs has issued a circular to this effect after receiving references on the issue as all inter-state transac...
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