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GST NEWS BULLETINResumption of Blocking of E-Way Bill (EWB) generation facility.CBIC has issued an advisory dated 04-10-2021, for the taxpayers regarding generation of E-way bill where the principal supply is supply of services CBIC further exempts certain services w.e.f October 1, 2021CBIC vide Notification No. 07/2021 Central Tax (Rate) dated September 30, 2021 has further amended Notification No. 12/2017-Central Tax (Rate) dated June 28, 2017 (“Services exemption notification”), in order to adhere to the recommendations of 45th GST Council meeting held on September 17, 2021. Some of the exempted services are as under: CBIC issues advisory w.r.t. Remission of Duties and Taxes on Exported Products (RoDTEP) SchemeThe CBIC vide Circular No. 23/2021-Customs dated September 30, 2021 has issued Advisory w.r.t. Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme. CBIC extends exemption from import duty on import of COVID-19 vaccine till December 31, 2021CBIC had earlier vide Notification No. 28/2021-Customs dated April 24, 2021 as amended by Notification No. 31/2021-Customs dated May 31, 2021 and Notification No. 41/2021-Customs dated August 30, 2021 exempted from whole of the duty of customs leviable, the import of inter alia COVID-19 Vaccine. These exemptions are having validity till September 30, 2021. |
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