TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2020 introduces Health Cess on imported medical devices under Clause 139 to fund health infrastructure.</h1> Clause 139 of the Finance Bill, 2020 introduces a Health Cess on imported medical devices specified in the Fourth Schedule. This cess is a customs duty aimed at financing health infrastructure and services in India. The Central Government is authorized to utilize the collected funds as deemed necessary. The cess is calculated based on the value of goods as per the Customs Act, 1962, and is additional to other applicable customs duties. The Customs Act's provisions, including those on refunds, exemptions, and penalties, apply to the Health Cess as they do for other customs duties.
TaxTMI 
TaxTMI 
