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FM does quick follow up of IGST exemption on Covid relief material - Vimarsana News

FM does quick follow up of IGST exemption on Covid relief material

FM does quick follow up of IGST exemption on Covid relief material IANS  0 In an attempt to speed up clearances of goods received free of cost for distribution for Covid relief, Finance Minister Nirmala Sitharaman on Monday undertook a quick follow up action by briefing the chief secretaries of the states on the order on IGST exemption.   The Centre on Monday exempted from IGST or integrated GST the import of goods received free of cost for distribution for Covid relief. The exemption is ad hoc and applicable on all specified imports made till June 30, 2021.   The exemption will also cove...

These imports will not attract any customs duty or IGST till June 30, check complete list here - Vimarsana News

These imports will not attract any customs duty or IGST till June 30, check complete list here

May 04, 2021, 11:59 AM IST New Delhi: In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a limited period.  "The Central Government had received a number of representations from charitable organizations, corporate entities, and other Associations/ entities outside India seeking exemption from IGST on the import of Covid-19 relief material (already exempted from customs duty), donated/received free of cost from outside India for free distribution. Acc...

Source: india.com
India Covid-19 crisis: UAE expats can send relief material to India without tax - Vimarsana News

India Covid-19 crisis: UAE expats can send relief material to India without tax

India Covid-19 crisis: UAE expats can send relief material to India without tax dhanusha@khaleejtimes.com Filed on May 4, 2021 Reuters Now, UAE expatriates can send Covid-related relief material to India without paying any duty. The Ministry of Finance issued a notification on May3 exempting basic customs duty, integrated goods and services tax (IGST) and/or health cess on the import of a number of relief materials till June 30. The government at the centre said it received a number of representations from charitable organisations, corporate entities, and other associations and en...

FM Nirmala Sitharaman releases list of COVID-19 relief material exempt from tax, holds quick follow-up meeting - Vimarsana News

FM Nirmala Sitharaman releases list of COVID-19 relief material exempt from tax, holds quick follow-up meeting

May 04, 2021, 00:02 AM IST New Delhi: Finance Minister Nirmala Sitharaman on Monday (May 3) undertook a quick follow up action by briefing the chief secretaries of the states on the order on IGST exemption in an attempt to speed up clearances of goods received free of cost for distribution for COVID-19 relief. The Centre on Monday exempted IGST or integrated GST the import of goods received free of cost for distribution for COVID-19 relief. The exemption applicable on all specified imports made till June 30, 2021. List of items granted exemption from IGST for imports-#COVID19 relief materials...

Source: india.com
Centre announces ad hoc IGST exemption on imports of COVID-19 relief material - Vimarsana News

Centre announces ad hoc IGST exemption on imports of COVID-19 relief material

Centre announces ad hoc IGST exemption on imports of COVID-19 relief material The exemption will also cover goods already imported but lying uncleared on the date of its issuance of exemption which starts from Monday. File photo Updated: May 3, 2021, 04:10 PM IST As the second wave of the coronavirus pandemic continues to trouble the country, the Central has exempted IGST or integrated GST on import of goods received free of cost for free distribution of COVID relief. The exemption is temporary and applicable for all specified imports made till June 30, 2021. The...