Rajasthan waives its Late Fees for its GST Annual Return
The State Government waives the late fee for the financial year 2022-23 onwards, which is in excess of amount and for the classes of registered persons specified in this notification.
Rajasthan Goods and Services Tax (Amendment) Rules, 2023
The amendment provides that where an applicant opts for authentication of Aadhaar number, he shall, while submitting the application, undergo authentication of Aadhaar number and the date of submission of the application in such cases shall be the date of authentication of the Aadhaar number, or fifteen days from the submission of the application in Part B of FORM GST REG-01.
Government of Rajasthan has waived late fee for non-filing of FORM GSTR-4
The amount of late fee payable shall stand waived which is in excess of two hundred and fifty rupees and shall stand fully waived where the total amount of state tax payable in the said return is nil for the registered persons who
fail to furnish the return in FORM GSTR-4 for the quarters from July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22.
Government of Rajasthan reduces late fee for non-filing of FORM GSTR-10
Government of Rajasthan has waived the amount of late fee , which is in excess of five hundred rupees for the registered persons who fail to furnish the final return in FORM GSTR-10.
Central Government appoints enforcement dates for specified provision of Finance Act, 2023
The Central Government appoints the 31st day of March, 2023, as the date on which the amendments in the Second and Third Schedule of the Customs Tariff Act shall come into force.
CBIC allows duty free import under Advance Authorization
Central Board of Indirect Taxes has exempted materials imported into India against an Advance Authorization under FTP policy 2023 from customs duty.
CBIC commences operation of Duty Free Import Authorization under new FTP 2023
Customs duty exemption to materials imported into India against a valid Duty Free Import Authorization under new FTP 2023.
Revised Custom Duty Exemptions in Excess of Standard Rates
The notification also extends the exemption to a new category of goods, ‘Drugs, Medicines or Food for Special Medical Purposes (FSMP) used for treatment of rare diseases specified in List 38.’ The notification substitutes the terms “drugs or medicines” with “Drugs, Medicines or Food for Special Medical Purposes (FSMP)”.
Health Cess Exemption on Import of Goods for X-ray Machines
The present notification amends the previous notification dated 2nd February, 2020 issued by the Ministry. The notification enumerates the list of goods imported for manufacture of x-ray machines that will be exempted from health cess.
Ministry of Finance amends exemption granted to certain goods from Custom Duty
Ministry of Finance has amended the duration of the exemption granted to certain goods from custom duty. These goods include crude soyabean oil, whether or not degummed and crude sunflower seed oil.
