Changes proposed in 45th GST Council Meeting

Changes proposed in 45th GST Council Meeting

The much awaited 45th GST Council meeting in Lucknow held on September 17, 2021, was first physical meeting after onset of Covid-19. The meeting had a long agenda and witnessed clear intent of GST Council to settle various disputable issues. Pursuant to this meeting,...

Centre approves PLI Scheme for Automobile Industry

Centre approves PLI Scheme for Automobile Industry

Vide recent Press Release dated September 15, 2021, the Government has approved the Production-Linked Incentive (‘PLI’) Scheme for Automobile Industry and Drone Industry with a budgetary outlay of Rs 26,058 Crores over a period of 5 years. PLI Scheme for Automobile...

RoDTEP – Dropped from the sky, stuck on a tree!

RoDTEP – Dropped from the sky, stuck on a tree!

NITYA Tax Associates is proud to present their recent write-up in the ‘Article’ series on trending Indirect Tax issues. A gist of the next article in the series is as under: Article 75 – “RoDTEP - Dropped from the sky, stuck on a tree!” In a landmark move aiming to...

Government releases funds for pending export incentives

Government releases funds for pending export incentives

The Central Government via a Press Release dated September 9, 2021 has announced fund allocation for disbursal of various pending export incentives to exporters under various Export Promotion Schemes. Highlights of the Press Release is provided as under: Fund...

Mandatory registration requirement under Legal Metrology law

Mandatory registration requirement under Legal Metrology law

We highlighted the applicability of Legal Metrology law on component manufacturers supplying goods to OEMs in packaged form. We also wish to highlight that every person dealing in pre-packaged commodity (FMCG, Consumer Durables etc.) are covered under Legal Metrology...

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