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CBIC Circular 205/17/2023 Dt. 31 October 2023: Clarification on GST Rate of Imitation Zari Thread and Yarn

11 November 20231 November 2023 by Adv Aditya Narayan

CBIC Circular 205/17/2023 Dated. 31 October 2023 CBIC Circular 205/17/2023: In its 50th meeting, the GST Council recommended a reduction in the GST rate to 5% for imitation zari thread or yarn, known by various trade names. This important clarification …

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CBIC Circular 202/14/2023-GST: Clarification on Admissibility of Export Remittances Received in Special Rupee Vostro Accounts

11 November 202329 October 2023 by Adv Aditya Narayan

CBIC Circular 202/14/2023 Dt. 27 October 2023 CBIC Circular 202/14/2023: In response to numerous requests for clarification regarding the admissibility of receiving export remittances in INR Vostro accounts, as permitted by the Reserve Bank of India (RBI), in the context …

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