FAQ on applicability of 6 digits HUID on gold Jewellery from 1st April 2023
Is it applicable only on gold Jewellery or all precious metal Jewellery? Ans: At present, only the Jewellery…
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DGFT notified under FTP to permit Invoicing, payment and settlement of exports/imports in INR in sync with RBI’s circular
The DGFT vide Notification No. 33/2015-2020 dated September 16, 2022 notified Para 2.54(d) under the Foreign Trade Policy, 2015-2022 (“FTP”)…
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Govt. notifies Regulations specific to overseas investment and transfer/acquisition of immovable property outside India
RBI vide Notification No. No. FEMA 400/2022-RB, Dated 22.08.2022 has notified the Foreign Exchange Management (Overseas Investment) Regulations, 2022…
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C&AG of India directed CBDT to scrutinize tax deductions by Gems & Jewellery SEZ units
CAG observed major irregularities in claiming Income Tax Deductions by Gems & Jewellery Units under SEZ scheme The…
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Procedures for export & re-import of jewellery through e-commerce mode
The Central Board of Indirect Taxes and Customs on 30th June 2022, has notified the framework for e-commerce exports…
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Recent Changes in GST Rates & Analysis of Other Important Provisions
CBIC has issued various Notifications related to changes incorporated in GST rates for various Goods and service as…
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Summary of Circulars issued by CBIC pursuant to 47th GST council meeting
Circulars 170-176 dated 6th July, 2022 have been issued based on the decisions taken at the 47th GST Council…
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RBI permitted international trade settlement in INR for imports & exports
In a big relief to Indian importers and exporters and In order to promote growth of global trade with…
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Highlights of amendments in GST Act & Rules notified subsequent to decisions in 47th Council Meeting
Highlights of important notifications issued by CBIC amending GST Act and Rules subsequent to decisions taken in 47th…
