The Food Safety and Standards Authority of India vide circular dated 20th July,2022 has issued clarification regarding applicability of GST on services provided by FSSAI. It is notified to all stakeholders that GST at the prescribed rate would be applicable on all services provided by FSSAI commencing 18th July 2022. The rates for various services such as the issue of Central license, product approval fee, food safety mitra fee, import clearance fee, etc, will be revised accordingly.
Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions
Reserve Bank of India today placed on its website draft directions on Additional Factor of Authentication (AFA) for cross-border Card Not Present (CNP) transactions for