Taxpayers can now file their pending returns and avail the benefits of this Amnesty scheme with reduced late fees, said Sitharaman at a press briefing after the 43rd GST Council Meeting
COVID-19 relief, Black Fungus drug imports exempted from IGST till Aug 31: FM
In light of the rising Black Fungus cases in the country, Amphotericin-B has also been included in the exemptions list. This decision was taken during the 43rd GST Council meeting
BusinessToday.In | May 28, 2021 | Updated 22:52 IST
Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman announced on Friday that the GST Council has exempted COVID-19 relief imports from IGST till August 31, 2021. In light of the rising Black Fungus cases in the country, Amphotericin-B has also been included in the exemptions list. This decision was taken during the 43rd GST Council meeting.
COVID-19 relief, Black Fungus drug imports exempted from IGST till Aug 31: FM businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Budget Phones to Cost More, More Companies to Sell Without Chargers: Union Budget 2021 Reactions
FOLLOW US ON:
Smartphone prices in India may be set for a hike in the near term, after the central government announced the removal of key exemptions for mobile phone and electronics manufacturers in India. In the Union Budget 2021 speech, finance minister Nirmala Sitharaman stated the reduction of exemptions in the manufacturing sector, imposing 2.5 percent customs duties on components, parts and sub-parts that are imported from other countries in a bid to push for “greater domestic value addition” from the sector. Among other areas, the Union Budget 2021 imposed a 2.5 percent customs duty on areas such as circuit boards, camera components and connectors for mobile phones, which were so far exempted from import duties.