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 policy circular clarifies that the requirement of obtaining a 'No Objection Certificate' from the Drug Controller and Narcotics Commissioner of India, as stipulated in Paragraph 4.08(ii) of the Handbook of Procedures 2023, will not be applicable for Advance Authorisation holders procuring Acetic Anhydride from units located in Special Economic Zones (SEZs). This exemption is granted provided the Acetic Anhydride is manufactured by a unit operating within the SEZ and the procurement is against a Certificate of Supplies. The circular aims to facilitate ease of doing business for Advance Authorisation holders while ensuring compliance with relevant regulations.
The policy circular clarifies that the requirement of obtaining a 'No Objection Certificate' from the Drug Controller and Narcotics Commissioner of India, as stipulated in Paragraph 4.08(ii) of the Handbook of Procedures 2023, will not be applicable for Advance Authorisation holders procuring Acetic Anhydride from units located in Special Economic Zones (SEZs). This exemption is granted provided the Acetic Anhydride is manufactured by a unit operating within the SEZ and the procurement is against a Certificate of Supplies. The circular aims to facilitate ease of doing business for Advance Authorisation holders while ensuring compliance with relevant regulations.
Note: It is a system-generated summary and is for quick reference only.