“India Lifts Ban on Laptop, Tablet, and IT Hardware Imports And Implements Import Management System and Quota Authorizations””
India has decided to cancel its plans to impose licensing requirements on the import of IT hardware products and will instead regulate inbound shipments through an import management system. This decision is likely to be welcomed by global IT hardware manufacturers, as it avoids immediate restrictions and provides a more structured approach to regulating imports […]
Key Recommendations in 47th Meeting of the GST Council – 28th and 29th June ,2022
The GST COUNCIL has made the following recommendation relating to changes in the GST rates on supply of goods and services and changes related to GST law and procedures: RECOMMENDATIONS RELATING TO GST RATES ON GOODS AND SERVICES Refunds of accumulated ITC will not be allowed on Edible oils and Coal Rate Rationalization to remove […]