December, 2021 – Issue No. III

GST
GST on service supplied by restaurants through e-commerce operators – Clarifications issued.
INCOME TAX

CBDT has issued e-Verification Scheme, 2021 for faceless collection of information from taxpayers, where mismatches are detected.

CBDT notifies conditions for exemption of income accrued by non-resident as a result of transfer of non-deliverable forward contracts.

CUSTOMS

Anti-dumping duty imposed on imports of calcined gypsum powder from Iran, Oman, Saudi Arabia and United Arab Emirates (UAE) for a period of 5 years.

Anti-dumping duty imposed on imports of Sodium Hydrosulphite from China PR and Korea RP for a period of 5 years.

Anti-dumping duty imposed on imports of “Axle for Trailers in Completely Knock Down (CKD) and Semi Knock Down condition (SKD)” from China PR.

The Indian Tax Advisors