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 government amended Notification No. 50/2017-Customs to revise the IGST rate for the entry at S. No. 404, substituting the existing rate in column (5) with 18%, applicable to imports of specified goods by a specified person in connection with petroleum operations or coal bed methane; the amendment takes effect on 22 September 2025. The change is made under the Customs Act, 1962 and the Customs Tariff Act, 1975 and further modifies the principal notification as previously amended.
The government amended Notification No. 50/2017-Customs to revise the IGST rate for the entry at S. No. 404, substituting the existing rate in column (5) with 18%, applicable to imports of specified goods by a specified person in connection with petroleum operations or coal bed methane; the amendment takes effect on 22 September 2025. The change is made under the Customs Act, 1962 and the Customs Tariff Act, 1975 and further modifies the principal notification as previously amended.
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