Weekly GST Communique dated October 24, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field […]
Newsletter
GST Recent News
Withdraw GST on handloom sector, Puvvada demands Centre
Transport Minister Puvvada Ajay Kumar has demanded the Centre to withdraw the five percent GST imposed on handloom products. Expressing concern over
News
Direct tax mop-up may beat budget estimate by 30%
The Centre’s direct tax revenues may rise 25-30% on year, allowing it to net an additional Rs 2.5 trillion over
GST Recent News
Withdraw GST on handloom sector, Puvvada demands Centre
Transport Minister Puvvada Ajay Kumar has demanded the Centre to withdraw the five percent GST imposed on handloom products. Expressing concern over
News
Direct tax mop-up may beat budget estimate by 30%
The Centre’s direct tax revenues may rise 25-30% on year, allowing it to net an additional Rs 2.5 trillion over
GST Recent News
GST has begun to deliver, State finances healthier: FinMin
India’s five-year old Goods and Services Tax (GST) regime has started delivering ‘dividends’, and States’ finances are in better shape
News
Paperless customs compliance for exports soon: CBIC Chairman Vivek Johri
A new system is in the works where web-based registration of goods exports would be allowed, to facilitate the integration
Notification And Circular, Notification and Circular
CBIC imposed anti-dumping duties on ‘Electrogalvanized Steel’ imports from Korea RP, Japan, and Singapore
The CBIC issued Notification No. 29/2022-Customs (ADD) on October 19, 2022, stating that anti-dumping duties would be levied on imports
Important News
Form No. 10BBD is now available on the Income Tax e-filing portal
The Income Tax Department has issued an Update dated October 20, 2022 stating that Form No. 10BBD is now available
Press Release, Press Release
CCI imposes a monetary penalty of Rs. 1337.76 crore on Google for anti-competitive practices in relation to Android mobile devices
The Competition Commission of India (Commission) has imposed a penalty of Rs. 1,337.76 crore on Google for abusing its dominant