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In this article, the author provides an overview of the investments and developments occurring in Gujarat International Finance Tec-City.
Import duty on gold, silver findings and precious metals increased to 15%
Budget 2024: The commerce ministry has sent a list of items to the finance ministry to correct the inverted structure in the customs duty levied on certain items.
Gold or silver findings are a small component such as a hook, pin, screw that holds the whole or a part of a piece of jewellery in place.
India's pharma sector on Wednesday said the Goods and Services Tax (GST) Council's decision to exempt tax on rare diseases drugs is unlikely to benefit the population unless the waiver is extended to drugs that are made commercially available in the country. The GST Council on Tuesday (July 11) said the Integrated Goods and Services Tax (IGST) on medicines and Food for Special Medical Purposes (FSMP) used for treating rare diseases enlisted under the National Policy for Rare Diseases, 2021, will be exempt when imported for personal use subject to existing conditions. 'We support the government...