The Central Board of Indirect Taxes and Customs (CBIC) has fully exempted imports of Covid 19 vaccines from basic customs duty, from October 1 till December 31. “The Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified when imported into … Read more
The Central Board of Indirect Taxes and Customs (CBIC) Wednesday extended the waiver of penalty on non-implementation of dynamic quick response code which is mandatory for companies over Rs 500 crore turnover, by three months till September 30, 2021. According to a notification the Board said that the waiver will be applicable from December 1, … Read more
The government on Tuesday reduced basic customs duty on crude palm oil to 10 per cent, which will help bring down the edible oil prices in the retail market. The Central Board of Indirect Taxes and Customs (CBIC) in a notification cut the basic customs duty on crude palm oil to 10 per cent and … Read more