The Andhra Pradesh High Court has held that no exemption from payment of compensation cess under the Goods and Services Tax (GST) is available on import of goods by units in Special Economic Zones (SEZs). This decision was taken in the case of Maithan Alloys which was engaged in the ...
Under GST, the supply of goods/services to SEZ is treated as aZero-rated supply. The Goods or Services supply or both by SEZ to the Domestic Tariff Area (DTA) is treated asImport by DTA, and Customs Dutyis to be paid by the recipient of the supply. After so many advantages provided ...
Providing latest updates on Direct and Indirect Tax laws including income tax and GST, with Corporate Laws which are being used by the professionals and business entities in day to day activity.
It must be noted that the foreign trade policies have been aligned according to the GST and still there are some issues stuck with the SEZ trade framework which will be sorted out soon. Recommended: Supplies to SEZ Under Goods and Services Tax: Rules and Provisions FacebookTwitterLinkedInPinter...
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The article reports on the result of the survey conducted by secure online backup specialist Databarracks regarding employees' access to network data in Great Britain. It reveals that more than 100 office workers revealed that employees are hugely reliant on access to network data to do their ...