June, 2022 – Issue No. IV

GST
Levy of Compensation Cess extended till 31.03.2026.
INCOME TAX

Guidelines issued regarding TDS on transfer of Virtual Digital Asset.

Format, Procedure and Guidelines for submission of Form No. 1, Form No. 2 and Form No. 2A for Securities Transaction Tax (STT) issued by CBDT.

CUSTOMS
Restrictions imposed on import of products made of plastic in accordance with Plastic Waste Management Rules.
DGFT

Import of Water Melon Seeds falling under ITC(HS) code 12077090 is ‘Free’ till 30.09.2022. Given import shall be allowed from Kandla and Mundra Ports only.

The Indian Tax Advisors