Statutory updates

Customs Duty Exemption for Container Tracking Devices

The Central Government amends notification No. 104/94-Customs to add an explanation for imported containers.

Modification of terminology sub-standard lives in Health Insurance Regulations

The authority deletes the reference to sub-standard lives in Regulation 8 (b) of the IRDAI (Health Insurance) Regulations, 2016.

notification no. 8/2023 f. no. 370142/51/2022 tpl / gsr 156 e corrigendum

Health Insurance Products for Persons with Disabilities, HIV/AIDS, and Mental Illness

All general and health insurers must offer a specific health insurance cover for persons with disabilities, persons afflicted with HIV/AIDS, and those with mental illness.

Exemption of Basic Customs Duty on Ships and Vessels for Breaking Up

The Central Government exempts the basic customs duty on all goods classified under heading 8908 00 00.

Application Form for International Branch Campus or Offshore Education Centre

Eligible entities apply to set up an International Branch Campus or Offshore Education Centre in the International Financial Services Centre by submitting the prescribed…

Mandatory Upload of Withdrawal and KYC Documents for NPS Exit

National Pension System subscribers and associated nodal offices must upload legible withdrawal and KYC documents into the Central Recordkeeping Agency user interface to enable…

Amendment to Form A in Circular No. 25/2016-Customs for Warehoused Goods Records

The Central Board of Indirect Taxes and Customs amends Form A of Circular No. 25/2016-Customs to include details of ex-bond bills of entry and shipping bills.

Amendment to Circular No. 26/2016-Customs on Warehouse Antecedent Verification

The Central Board of Indirect Taxes and Customs amends Circular No. 26/2016-Customs to set a time limit for antecedent verification of warehouse license applicants.

notification no. 7/2023 f. no.370142/47/2023 tpl / gsr 118 e income tax 3rd amendment rules 2023

Treatment of inward Co-Insurance while reporting MTP Obligations

General insurers must exclude inward co-insurance when they calculate compliance with motor third-party insurance obligations.

49th GST Council Meeting

10/2023-Customs (NT) : Exchange rate Notification No. 10/2023-Cus (NT) dated 16.02.2023-reg.

Specified Authority for Income-Tax Data Sharing in Tamil Nadu

The Central Government specifies the Secretary of the Information Technology and Digital Service Department in Tamil Nadu as an authority to receive income-tax assessee…

09/2023-Customs (NT) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

notification no. 5/2023 f.no. 370142/2/2023 tpl / gsr 95 e income tax second amendment rules 2023

notification no. 4/2023 f.no. 370142/51/2022 tpl / gsr 91 e income tax first amendment rules 2023

Amendment to Circular No. 29/2020-Customs for Bangladesh Export Cargo Transhipment

The Central Board of Indirect Taxes and Customs amends Circular No. 29/2020-Customs to allow transhipment of Bangladesh export cargo through Delhi Air Cargo.