central board of indirect taxes

Govt scraps primary customs obligation, cuts agri cess on crude palm, soyabean and sunflower oil

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Govt scraps primary customs obligation, cuts agri cess on crude palm, soyabean and sunflower oil

[ad_1] The federal government on Wednesday scrapped primary customs duty in addition to slashed agri cess on crude kinds of palm, soyabean and sunflower oil until March 2022, a transfer which can assist cool costs and enhance home availability within the festive season. The obligation cuts will likely be efficient from October 14 and can … Read more

India exempts Covid-19 vaccine from import obligation

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India exempts Covid-19 vaccine from import obligation

[ad_1] The Central Board of Indirect Taxes and Customs (CBIC) has absolutely exempted imports of Covid 19 vaccines from basic customs duty, from October 1 until December 31. “The Central Government, on being glad that it’s crucial within the public curiosity so to do, hereby exempts the products of the outline specified when imported into … Read more