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GST Council slashes GST rates on COVID-19 relief material, including oxygen concentrator for personal imports
In light of the current COVID second wave several issues have emerged for our companies with regards to …
CBIC notifies Regulations for verification of identity of importer, exporter and customs broker…
CBIC notifies ICEGATE as Common Customs Electronic Portal and relaxes timelines for filing Bill of Entry….
The Finance Bill, 2021 was presented by the Hon’ble Finance Minister (FM) Nirmala Sitharaman on 1 February 2021. In the wake of the representations received from …..
CBDT has vide a recent notification relaxed the requirement of remunerating fund managers of certain offshore funds in view of amended Rule 10V for availing the special…
Recently, CBIC had issued clarifications in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of Notification No. …
Last week CBIC had issued clarifications in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of Notification …
Basis the inputs received from our members, forum has submitted detailed GST legislative and procedural issues across sectors with the CBIC and will soon engage …
On December 8, USISPF hosted an rountable discussion with Mr. Rajat Bansal, IRS who
is a member of the UN’s subcommittee on Tax Challenges of the …
There is a constant debate for India becoming a sought-after and favoured destination
for global MNCs and high uncertainty due to the Covid-19 pandemic …
The All India Customs consultative group meeting will be held Virtually soon. The Forum will be participating in the meeting to discuss customs issues of our member companies.
GST e-invoicing mechanism is mandatory w.e.f. 01.10.2020 for all tax payers having turnover in a financial year exceeding Rs 500 crore. Basis USISPF’s survey on the
Ministry of Finance, Government of India, introduced the first and second phase of country-wide faceless assessment in June 2020 and August 2020, respectively.
The Central Board of Indirect Taxes and Customs has decided to roll-out the Faceless
Assessment at an All India level in all ports of import and for all imported goods
On August 5 forum discussed select issues around challenges/ issues being faced in
obtaining endorsements for the purpose of GST refunds with the GST council
