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Exemption to Affixed Tracking Device on Container at the Time of Import, as Recommended by the GST Council’s 49th Meeting

Background:

The GST Council’s 49th meeting was held in Delhi on February 18, 2023 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made the recommendation to affix a device like tag – tracking device or data logger on a container, so that no separate IGST shall be levied on such affixed device and the ‘nil’ IGST treatment to such affixed device on the containers shall also be available, subject to the existing conditions….

Source: www.a2ztaxcorp.com

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