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RELIEF FROM IGST
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...
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...
CBIC notifies reduced GST rates on Covid-related medicines, equipmentThe Board has rescinded the notification imposing 12 per cent integrated goods and services tax (IGST) on oxygen concentrators, imported fo...
Implications of the 43rdGST Council meet, and what comes next?One major change introduced by the Council was the grant of IGST exemption to specified COVID -19 relief goods purchased for free distribut...
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...
GoM to look into GST rates on Covid vaccines, drugs, devicesStates including Odisha, Gujarat, Punjab, Chhattisgarh, Kerala and West Bengal sought full GST waiver for Covid vaccines, drugs and related...
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...
GST Council may decide on IGST levy on oxygen concentrators imported for personal use on May 28The Delhi High Court last week said that imposition of 12 per cent Integrated GST (IGST) on oxygen concentrators for personal use or those ...
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...
Haryana allows reimbursement of GST on Covid items’ donationsThe Centre has already waived integrated GST (IGST) till June 30 on the import of Covid-related relief material donated or received from ou...
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 extends IGST, compensation cess exemption under various export promotion plansDuring April-February of the current fiscal year, exports grew 8.85 per cent to USD 298.47 billion, while imports rose by 9.75 per cent to ...
Exporters' GST refund: CBIC frames 'interim solution' to quickly clear Rs 14,000 crore pendingIn the first phase of refund fortnight observed between March 15-30, the Central Board of Indirect Taxes and Customs (CBIC) had cleared ref...
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.