Saturday, May 8, 2021

CBIC issues FAQs on ad hoc exemption of IGST on imports of specified COVID-19 relief material

CBIC has issued FAQs with respect to ad hoc exemption granted from IGST on imports of specified COVID-19 relief material. This document answers queries of stakeholders such as procedure for certification of the statement containing details of such imported goods distributed free of cost, requirement of certificate for each consignment or for relief agency, format of certificate etc.

from taxmann.com News https://ift.tt/3f3fS1d

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...