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GST Review May-2022

DGFT Update

Ashit Shah
1 Raw Cotton Basic Custom Duty (BCD) and Agriculture Infrastructure and Development Cess (AIDC) is exempted on Raw Cotton falling under Tariff Heading HSN 5201 from 14-04-2022 to 30-09-2022. [N. No. 21/2022 – Customs, dated 13-04-2022] 2 Anti-dumping Duty on Dicyclohexyl Carbodiimide (DCC) Anti-Dumping Duty (ADD) on imports of “ N, N’ – Dicyclohexyl Carbodiimide (DCC)” falling under Tariff Heading HSN 29212990, 29241900, 29242990, 29251900, 29252910, 29252990, 29333990 or 29419090, originating in, or exported from People’s Republic of China, is impose for a period of 5 years from the date of its publication and such duty have to be payable in Indian currency. [Circular No. 12/2022- Customs, dated 28-04-22] 3 Anti-dumping Duty on Jute Products.......