Update on 47th GST Council Meeting

Update on 47th GST Council Meeting

Update on 47th GST Council Meeting GST Council concluded its 47th Meeting on June 29, 2022 after a gap of 6 months. The common theme running through most of the proposals appears to be of increasing revenue collection. Further, expectations for clarity on GST on Ocean...
Change in Customs Tariff w.e.f. January 1, 2022

Change in Customs Tariff w.e.f. January 1, 2022

Change in Customs Tariff w.e.f. January 1, 2022 This is to update you that Section 104(iii) of the Finance Act, 2021 which prescribed amendments in the First Schedule of the Customs Tariff Act, 1975 (‘Customs Tariff’) will become effective from January 1, 2022. This...
Non acceptance of MEIS claims by ICEGATE portal

Non acceptance of MEIS claims by ICEGATE portal

Non acceptance of MEIS claims by ICEGATE portal We apprised you that the Delhi High Court has also accepted challenge to capping benefits under Merchandise Exports from India Scheme (‘MEIS’). To add to exporters’ woes and much to everyone’s surprise,...
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