52nd GST Council Meeting: Conditional exemption to Foreign going vessels if converted for coastal run in India

By /

52nd GST Council Meeting, Press Release, Press Release

The GST Council’s 52nd meeting was held in Delhi on October 07, 2023, under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.

The GST Council has inter-alia made the following recommendations:

  • To provide conditional exemption to the foreign flag foreign going vessels when it converts to coastal run subject to its reconversion to foreign going vessel in six months.

The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1965431

______________________________________________________________________________________________

💥Only Few Seats are Left; Register Now !! 💥

🔰 FREE Webinar On:

📢 “Important changes in GST Law w.e.f. October 1, 2023”

🗓️ Date : October 09, 2023, Monday

⏰ Time : 7:30 PM to 9:00 PM (IST)

🎤 Speaker : Adv Bimal Jain

🔖 Registration Link: 

https://zoom.us/webinar/register/WN_9T2fW11WRmimW4HiwWtNYQ

📝 Coverage:

✔️ New condition for Supply of services/goods to SEZ Developer/Unit
✔️ Input Tax Credit for CSR Expenses restriction
✔️ Input Tax Credit reversal under Rule 42 & Rule 43 with respect to Supplies from Bonded Warehouse
✔️ Filing returns/statements namely GSTR 1, GSTR 3B, TDS Statement, and Annual Return restriction
✔️ IGST applicability on Ocean Freight by the importer of goods
✔️ Can Suppliers of goods through an E-Commerce platform are eligible to opt for a composition scheme
✔️ Offenses have been decriminalized, and what is the new threshold amount for prosecution under GST Law
✔️ Important Changes under Online Gaming
✔️ Q&A and open discussion and many more

Limited seats available

Follow us on our social media for more updates:

🔹 WhatsApp Channel🔹 Facebook🔹 Twitter🔹 LinkedIn🔹 Instagram🔹 YouTube

Related Posts

Scroll to Top