
WHAT IS GST?
GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....
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11 (RE-2013) 2009-2014 dt 22.04.2013
Amendment in the Import Policy of Fish Body Oil (Refined).
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II Subject: Amendment in the Import Policy of Fish Body Oil (Refined). S.O. (E): In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, as amended from time to time, the Central Government hereby makes the following amendment in Chapter 15 of ITC (HS) 2012, Schedule 1 (Import Policy): 2. The Quality Parameter (iv)-Eicosapentaenoic Acid EPA + Docosaphexaenoic Acid DHA of Fish Body Oil (Refined) under Exim Codes 1504 20 10 and 1504 20 20 as prescribed in Policy Condition 5 at the end of Chapter 15 of ITC (HS) 2012, Schedule 1 (Import Policy) is revised from the present ‘5-15% by weight’ to ‘Not less than 5% by weight’. After the revision, the Quality Parameters in Policy Condition 5 of Chapter 15 shall be as under:
3. Effect of this Notification The prescribed standard of EPA & DHA content in Fish Body Oil (Refined) has been revised to ‘Not less than 5% by weight’ without any upper limit. (Anup K. Pujari) OpinionThe prescribed standard of EPA & DHA content in Fish Body Oil (Refined) has been revised to ‘Not less than 5% by weight’ without any upper limit.
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GST i.e.Goods and Service Tax is a unified tax that replaces several indirect taxesleviedby the Central Government and the State Government(s)....
Read moreIn pre-GST regime, goodswere liable to: (i) Excise Duty- on manufacture of goods; (ii) VAT/CST- on sale of goods; (iii) Entry tax- on ...
Read moreGST is levied on every taxable person. Taxable person means a person who carries on any business at any place in India. Such . ..
Read moreGST is a unified tax which is levied on: (i) goods; (ii) services and (iii) a mix of goods and/or services. Any supply of goods or services . .. ...
Read moreGST India Solution is an effort of firm of professionals who welcome implementation of GST. This is an interactiveplatformthat aspires to disseminate right knowledge to professionals, practitioners and public at large. This platform has beenfloatedbya firm of Chartered Accountants relentlessly working in field of direct and indirect taxes since early 1985.
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Our core competence is statutory compliance, advisory, corporate tax planning and appellate matters of direct and indirect taxesandcorporate training sessions on GST.
The senior partner of the firm has to his credit several professional publications viz., Delhi Sales Tax Right to Use Goods Act, Delhi VAT, Maharashtra VAT, West Bengal VAT, Haryana VAT published by Taxmann. Madhya Pradesh VAT and Chhattisgarh VAT were published by Suvidha Law House, Bhopal. He has also addressed seminars on indirect taxes organized by professional bodies like ICAI, IMA, NIFM etc. and has also contributed articles on subjects of pro. . . . .