Ministry of Electronics and Information Technology (MeitY) introduced the Electronics Components

■ Place of supply for advertising and data-hosting services by Indian entities to foreign companies regarding export status.

■ Voluntary e-invoicing enabled for B2C supplies.

■ Addressing denial of tax refunds on exports for advance authorization holders, EOUs, STPIs, etc proposed.

■ Exemption for services imported by foreign airline branches from related entities abroad without consideration.

■ Clarification on GTA (expand GTA) services

■ Amnesty scheme to take effect on 1 Nov 2024, with procedures for waiver of interest/penalties for FY 2017-2020.

■ Procedure for rectifying orders on wrong input tax credit claims