Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The Notification issued by the Ministry of Commerce and Industry introduces the Special Economic Zones (Third Amendment) Rules, 2024. Rule 29A of the Special Economic Zones Rules, 2006 has been amended to include the procedure for import, export, or procurement from the Domestic Tariff Area of aircraft or aircraft engine by a Unit in the International Financial Services Centre. This amendment is made u/s 55 of the Special Economic Zones Act, 2005. The amendment substitutes the word "aircraft" with "aircraft or aircraft engine." The rules came into force upon publication in the Official Gazette.
The Notification issued by the Ministry of Commerce and Industry introduces the Special Economic Zones (Third Amendment) Rules, 2024. Rule 29A of the Special Economic Zones Rules, 2006 has been amended to include the procedure for import, export, or procurement from the Domestic Tariff Area of aircraft or aircraft engine by a Unit in the International Financial Services Centre. This amendment is made u/s 55 of the Special Economic Zones Act, 2005. The amendment substitutes the word "aircraft" with "aircraft or aircraft engine." The rules came into force upon publication in the Official Gazette.
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