March, 2022 – Issue No. IV

GST
CBIC issues Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19.
DGFT
Export of Rice (Basmati and Non-Basmati) to EU member states and other European Countries namely United Kingdom, Iceland, Liechtenstein, Norway and Switzerland will require Certificate of Inspection from EIA/EIC. Export to remaining European countries (except United Kingdom, Iceland, Liechtenstein, Norway and Switzerland) will require Certificate of Inspection by Export Inspection Council / Export Inspection Agency for export from 1st  Jul, 2022.
Export Policy of Hydrofluorocarbons (HFCs) has been revised from ‘Free’ to ‘Restricted’ category with immediate effect and export Authorisations would be issued based on NOC from MoEF&CC.

The Indian Tax Advisors