CBIC exempts goods imported to SEZ from GST compensation cess
CBIC has exempted all goods imported by a unit or a developer in the Special Economic Zone for authorized operations, from the whole of goods and service tax compensation cess leviable thereon.
CBIC redefines criteria to qualify as pre-packaged and labelled products
CBIC has clarified that the supply of agricultural farm produce in package(s) of commodities containing quantity of more than 25 kilogram or 25 litre shall not be considered as a supply made within the scope of expression ‘pre-packaged and labelled’ for GST purposes.
