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Custom brokers are agents, operating under license and acting on behalf of importer/exporter for purposes of business transactions related to departure of conveyances Or import/export of goods at any custom station including audit. CBIC has vide Notification No. 62/2021 dated 23.07.2021 made certain amendments to the Customs Brokers Licensing Regulations, 2018. The prime focus of […]
The government released GST Circulars on 17.06.2021, thereby resolving disputes in relation to the following matters: Status of Anganwadis for GST purpose and taxability of input service of serving food to educational institute based on who sponsors it. Taxability of the following:a) Annuity received as consideration for construction of Road/ Bridgeb) Services rendered by the […]
The requirement of E-Invoicing was originally brought into the picture vide notification no. 70 and 69 of 2019 – Central Tax dated 13.12.2019. However, the same witnessed changes from time to time. The notifications issued over the past years in this regard have led to changes in terms of the effective date from which the […]