In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.63/2018-CUSTOMS (N.T.), dated 19th July, 2018 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that ...
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GST Council recommends granting relief from GST on services provided by the Resident Welfare Associations (RWAs) to their Members
In its 25th Meeting held on 18th January, 2018, the GST Council had recommended several measures granting relief from GST on a number of goods and services. One of the important reliefs granted by the Council is to enhance the limit of contribution made by members of a Resident Welfare Association (RWA) for the purpose of exemption from GST.The Council had recommended that ...
Read More »Indian Auto Industry in Changing World Order
Change is the only universal constant. This is also quite evident in the global automotive industry and can be seen with regards to the products, consumer choice, markets, technology and the competitive paradigms that govern this sector. The changing world order in the automotive space can be categorized around a few important broad themes – “emergence of new markets and opportunities”, “enhanced ...
Read More »Post GST, NALCO posts Strong Performance
The credit of success goes to team NALCO and our business strategy involving ramping up of production during downturn, cost focus and market harvesting” Tapan Kumar Chand, CMD, NALCO National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, has declared its financial results for ...
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