Classification of medical device pertaining to Rehabilitation under the provisions of Medical Devices Rules, 2017
The devices are classified into Class A and Class B based on factors such as intended use, risks associated with the device, etc.
Procedure for filing and processing refund of unutilised ITC on account of export of electricity
In case of electricity, the relevant date for filing of refund shall be the last date of the month, in which the electricity has been exported as per monthly Regional Energy Account (REA) issued by the Regional Power Committee Secretariat under CERC (Indian Electricity Grid Code) Regulations, 2010.
Commissioner of Commercial Taxes, Goa mandates penalty for transactions involving fake invoices
The clarification has been issued pursuant to ambiguities existing in number of cases where the registered persons are found to be involved in issuing fake invoices to avail and utilize input tax credit. The government has mandated strict penalty against issuing fake invoices to avail and utilize input tax credit.
