https://www.taxtmi.com/circulars?id=66180 The Finance Bill, 2023 and related notifications propose rationalisation of basic customs duty structure, targeted adjustments to BCD, AIDC and Social Welfare Surcharge across multiple sectors, sector specific concessions subject to IGCR conditions, rescission and timed extension or discontinuation of numerous exemption entries (many extended to 31 March 2024 for review), and substantive amendments to Customs, Customs Tariff, CGST and IGST Acts including time limits for returns and filings, decriminalisation and expanded taxability of certain OIDAR supplies. Certain provisions operate provisionally from 2 February 2023, while others await enactment or specified effective dates. en-us Wed, 01 Feb 2023 00:00:00 +0530 Wed, 01 Feb 2023 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66180 The Finance Bill, 2023 and related notifications propose rationalisation of basic customs duty structure, targeted adjustments to BCD, AIDC and Social Welfare Surcharge across multiple sectors, sector specific concessions subject to IGCR conditions, rescission and timed extension or discontinuation of numerous exemption entries (many extended to 31 March 2024 for review), and substantive amendments to Customs, Customs Tariff, CGST and IGST Acts including time limits for returns and filings, decriminalisation and expanded taxability of certain OIDAR supplies. Certain provisions operate provisionally from 2 February 2023, while others await enactment or specified effective dates. Circulars Customs Wed, 01 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66180