Daily digest for Gupta Chandan & Associates, on May 8, 2021

posted: "The CBDT has exempted Hospitals, Dispensaries, Nursing Homes, Covid Care Centres or similar other medical facilities providing Covid treatment to patients from Section 269ST penalty. These entities can receive payment in cash of Rs. 2 lakh or more during " New post on Gupta Chandan & Associates No Sec. 269ST penalty on cash receipt of 2 lakh or more by hospital providing COVID-19 treatment: CBDT The CBDT has exempted Hospitals, Dispensaries, Nursing Homes, Covid Care Centres or similar other medical facilities providing Covid treatment to patients from Section 269ST penalty. These entities can receive payment in cash of Rs. 2 lakh or more during 01.04.2021 to 31.05.2021, on obtaining the PAN or AADHAAR of the patient and the payee and […] Read more of this post May 8, 2021 at 12:00 am | Categories: Latest Statutory Happenings, News | URL: https://wp.me/pcenIR-1gq Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/no-sec-269st-penalty-on-cash-receipt-of-2-lakh-or-more-by-hospital-providing-covid-19-treatment-cbdt/

posted: "CBIC has issued FAQs with respect to ad hoc exemption granted from IGST on imports of specified COVID-19 relief material. This document answers queries of stakeholders such as procedure for certification of the statement containing details of such importe" New post on Gupta Chandan & Associates CBIC issues FAQs on ad hoc exemption of IGST on imports of specified COVID-19 relief material CBIC has issued FAQs with respect to ad hoc exemption granted from IGST on imports of specified COVID-19 relief material. This document answers queries of stakeholders such as procedure for certification of the statement containing details of such imported goods distributed free of cost, requirement of certificate for each consignment or for relief agency, format […] Read more of this post May 8, 2021 at 12:00 am | Categories: News, Taxman News | URL: https://wp.me/pcenIR-1gp Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/cbic-issues-faqs-on-ad-hoc-exemption-of-igst-on-imports-of-specified-covid-19-relief-material/