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Jan 05, 2022

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Slew of GST changes coming in effect from 1 Jan 2022

All the changes in the tax rate introduced by the GST regime will be coming into effect from 1st January, 2022 including the correction in inverted duty structure...

Anti-dumping duty slapped on five Aluminium & Chemical products of Chinese origin

To protect the local manufacturers from cheap Chinese imports, the Central Government has imposed anti-dumping duties on certain products such as aluminium goods and few chemicals for five...

MCA extends date for annual filing of returns without additional fee

As per the general circular by Ministry of Corporate Affairs, no additional fees shall be levied upto 15th February, 2022 for the filing of e-forms AOC-4, AOC-4 (CFS),...

Union Budget may bring changes in customs duties to bolster domestic production

The central government may alter the customs to promote local manufacturing, a source told. Improving cost-competitiveness and encouraging local value addition are the key areas being worked upon in...

Power ministry contemplates to bring electricity under GST ambit

The power ministry has told the finance ministry it favours bringing electricity under the goods and services tax, two government officials aware of the development said, outlining a...

Cabot Acquires Carbon Black Manufacturer in China

Cabot Corp. (Boston, Ma.) announced that it has entered a definitive agreement to acquire Tokai Carbon (Tianjin) Co., Ltd from Tokai Carbon Group for $9 million, subject to...

Specialty chemical sector continues to witness growth: ICRA

However, the profit margins are expected to witness some moderation in FY2022 as compared to FY2021. The speciality chemical sector has largely bucked the adverse impact of Covid-19 pandemic...

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