WebCBIC notifies to reduce the Special Additional Excise Duty on the production of Petroleum Crude. CBIC notifies Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver. CBIC notifies Amnesty … WebDec 29, 2024 · The CBIC has issued Notification No. 06/2024 - Central Tax dated March 31st, 2024 and notified that the registered persons who failed to furnish a valid return, within a period of 30 days from the service of the assessment order issued on or before February 28, 2024 under Section 62 (1) of the CGST Act i.e. best judgment assessment, shall be ...
CBIC issues FAQs on manufacturing and other operations in …
WebJul 22, 2024 · The following charges are levied on Goods and Services for implementation of GST – 0%, 5%, 12% and 18%. A tax of 0.25% is levied on coarse precious and semi-precious stones and up to 3% on gold. GST Rate revision in 47th GST Council Meeting The 47th GST council meeting was held on 28th and 29th June 2024. WebOn 14 July 2024, India’s Central Board of Indirect Taxes & Customs (CBIC) published frequently asked questions (FAQs) on manufacturing and other operations in customs bonded warehouses (CBWs). The FAQs provide welcome clarity to the industry on various aspects of the scheme that permits manufacturing operations for both domestic supply … sicis tessuti
Find HSN and SAC code with tax rates- Updated - GST PORTAL …
WebDescription for CBICSITE WebMar 31, 2024 · Therefore, common HSN codes apply to Customs and GST. Accordingly, codes prescribed in the Customs tariff are used for the GST purposes too (as has been specifically mentioned in the GST rate schedule). In Customs Tariff, HS code is prescribed as heading (4 digits HS), sub-heading (6 digits HS) and tariff items (8 digits). These … Web231. Exemption to re-import of goods in Fourth schedule exported under duty drawback, rebate of duty or under bond : Notifn. No. 47/17-Cus., dt. 30.6.2024. 232. Exemption to re-import of catering cabin equipments and food and drink on re-importation by the aircrafts of the Indian Airline : Notifn. No. 48/17-Cus., dt. 30.6.2024. the phase of mitosis that follows metaphase