https://www.taxtmi.com/news?id=26889 The Council recommended targeted GST rate changes (nil/reduced rates for specified millet products, reduced rate for molasses, exclusion of ENA for beverage manufacture and distinct rate for industrial ENA), tariff clarifications for imitation zari, and a conditional IGST concession for foreign vessels converting to coastal run. It advised service exemptions for specified government functions and urban services, clarified job work and ECO bus operator liabilities to enable ITC for companies, recognised DMFTs as governmental authorities, mandated ISD procedural amendments, and proposed an amnesty scheme with a prescribed pre deposit, corporate guarantee valuation rule, one year limit on provisional attachment, place of supply circulars, SEZ refund route amendments, and Tribunal appointment eligibility changes. en-us Sat, 07 Oct 2023 21:04:20 +0530 Mon, 09 Oct 2023 09:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26889 The Council recommended targeted GST rate changes (nil/reduced rates for specified millet products, reduced rate for molasses, exclusion of ENA for beverage manufacture and distinct rate for industrial ENA), tariff clarifications for imitation zari, and a conditional IGST concession for foreign vessels converting to coastal run. It advised service exemptions for specified government functions and urban services, clarified job work and ECO bus operator liabilities to enable ITC for companies, recognised DMFTs as governmental authorities, mandated ISD procedural amendments, and proposed an amnesty scheme with a prescribed pre deposit, corporate guarantee valuation rule, one year limit on provisional attachment, place of supply circulars, SEZ refund route amendments, and Tribunal appointment eligibility changes. News - Sat, 07 Oct 2023 21:04:20 +0530 https://www.taxtmi.com/news?id=26889