seeks to exclude holders of TRQ licences from paying any basic customs duty or the agriculture infrastructure and development cess on imports of crude soy oil and crude sunflower oil for the fiscal years 2022–2023 and up until June 30 of 2023.
According to section 56 of the Income Tax Act, a gift received from a relative is not taxable in the recipient’s hands. People who are regarded as relatives include In the case of a person In the case of the HUF, Any HUF member Based on the aforementioned information, 51 relationships may result in gifts…
seeks to modify Customs Notification No. 50/2017-Customs’s 30.06.2017 BCD Rate Prescription.
26/2023-Customs-Relating to Implementation of EPCG Scheme under Foreign Trade Policy, 2023
The GTAs, who initiate business or cross registration threshold on or after 1st April, 2023, and wish to choose for payment of tax via forward charge method are needed to file their declaration in Annexure V for the FY 2023-24 physically before the concerned jurisdictional body. The declaration may be filed within the relevant time…
ITR-6 for AY 2023–24 can be filed using the Excel application.
Respected Taxpayer, This is to tell you that the threshold for e-Invoicing for B2B transactions has been dropped from 10 crores to 5 crores per Notification No. 10/2023 – Central Tax dated May 10, 2023. This modification will take effect on August 1st, 2023. 2. To this end, GSTN has made e-Invoicing available to all…
