In view of the adverse circumstances arising due to the severe Covid-19 pandemic and also in view of the several requests received from taxpayers requesting that various compliance dates may be relaxed, the Government has extended certain timelines today.
ICAI has decided to re-open the online filling up of examination application form for Chartered Accountants Examinations, May 2021 from 4th May 2021 (10 AM) to 6th May 2021 (11.59 PM) with late fees (Rs.600/- or US $ 10).
Considering the present pandemic situation of COVID-19 and for meeting the demand for medical devices, GoI has permitted the importers of medical devices to import certain categories of medical devices for three months from 28.04.2021 onwards.
Ministry of Commerce & Industry, Department of Commerce has permitted the Import of oxygen concentrators for personal use through post, courier or e-commerce portals, where Customs clearance is sought as "gifts", till 31 July 2021.
Customs Duty on Imports of Inflammatory Diagnostic (marker) kits, namely- IL6, D-Dimer, CRP, LDH, Ferritin, Pro Calcitonin (PCT) and blood gas reagents, has been exempted till 31st October 2021, to supplement testing efforts.
ICSI, in order to further guide the students regarding the technical requirements for appearing in the ensuing CSEET to be held on 8th May 2021 has provided web links of the technical sessions conducted for the previous CSEET exam.
SIDBI, considering the current distress caused by COVID 19 and being a national emergency has devised aforesaid schemes to cater to help assist health care service providers fight the pandemic.
CA. Nihar N. Jambusaria - President, ICAI's May 2021 message for members and students.
The Central Board of Direct Taxes has released the Income-tax (12th Amendment) Rules, 2021 in order to further amend the Income-tax Rules, 1962 wherein, Form 34BB has been released for an assessee to withdraw his pending application u/s 245M(1).
Tariff Notification No.45/2021-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver.
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