The Central Board of Indirect Taxes and Customs (CBIC) on Thursday notified the exemption of the import of COVID-19 vaccine from Customs Duty from October 1 till December 31. “The Central Government, on being satisfied that it is necessary in the public interest to do so, hereby exempts the goods of the description specified when imported into India, from the whole of the duty of customs leviable,” the Board said in a notification.
Source Taxscan
Latest Posts in "India"
- Ahmedabad Customs Inspector Arrested for Alleged ₹2 Crore IGST Credit Fraud in Export Scam
- ISF Urges GST Cut, Women-Specific Tax Slab to Boost Formal, Inclusive Employment in India
- Punjab Software Engineer Arrested for Designing Fake GST Portal in Multi-State Tax Fraud Bust
- Supreme Court to Decide if Industrial Felt is ‘Fabric’ or ‘Machinery Part’ for VAT Purposes
- Supreme Court Rules: “Parts” Must Functionally Integrate into Machinery, Rejecting End-Use Claims













