India has imposed anti-dumping duties on four chemicals, including PEDA and Acetonitrile, from China and other countries to protect domestic industries. The five-year tariffs follow trade remedy recommendations amid rising imports and a growing trade deficit with China
Taxpayers with a turnover of over Rs 5 crore have been given 15 days extra time to file monthly summary return GSTR-3B and pay taxes without paying any late fees.
CBIC had last week amended rules to make it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash.
