INDIRECT TAX NEWSLETTER BY NOVELLO ADVISORS DATED 10-7-2022

July 13, 2022
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EXECUTIVE SUMMARY Notifications: Goods and Service Tax 1) No. 10/2022 – Central Tax dated 05.07.2022 Exemption of registered person whose annual turnover in the financial year 2021-22 is up to two crore rupees from filing annual return for the said financial year. 2) No. 11/2022 – Central Tax dated 05.07.2022…

July 7, 2022
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The 47th GST Council meeting was conducted on the 28th and 29th of June, 2022 at Chandigarh under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman. The Council recommended, among other matters, removal of certain exemptions, Change in tax rates and inclusion of certain goods…

July 5, 2022
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Here is a short summary of the week that went by : Notifications: Customs, FTP and SEZ Notification No. 32/2022- Customs dated 30.06.2022: By virtue of this notification, Petroleum, Crude and Aviation Turbine fuel has been exempted from levy of Special Additional Excise Duty (SAD). Notification No. 33/2022- Customs dated…

Month: July 2022

INDIRECT TAX NEWSLETTER BY NOVELLO ADVISORS DATED 10-7-2022

The 47th GST Council Meeting

INDIRECT TAX NEWSLETTER FOR THE WEEK ENDED 2-7-2022

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