News Update

Over 26 Cr COVID-19 vaccines jabbed; 1.53 Cr stock still available with States: CentreRocket trip into space with Bezos - Third seat fetches USD 28 mn for Blue OriginG7 agrees to match China’s BRI with trillion-dollar infrastructure projects for poor nationsCBIC Member O P Dadhich reviews Amritsar Customs performance; Customs Canine Squad and also meets member of trade and CHAGST Council decides to reduce tax rates on 18 COVID-related itemsCSIR-Laxai get DCGI nod to begin Colchicine trials on Covid patientsGovt says over 25.87 cr Covid vaccine doses provided to States so farGovt dismisses 'baseless' reports on CoWin data leakGST - Dissent note on GoM recommendations - Kerala FM favoured ‘zero rate’G7 Summit - EU members urge UK to honour Brexit commitmentChinese virologists reportedly find new viruses in bats - second closest to COVID-19 virusGST Council recommends lowering of tax rate from 28% to 12% on Ambulances + gas furnaces for crematorium including installation from 18% to 5%Time to divest hundreds of Lutyens' Delhi's sprawling bungalows & accommodate politicians in apartmentsGST - No contract - Tax invoice itself shall be considered as 'a contract' and TDS shall be applied if value of supply exceeds the limit u/s 51: AARPrices of oxygen concentrators down 54% after govt caps trade marginGST - Automatic Weighing Machine is liable to tax @18% and machines like automatic feeder, drying, grading, pre-stem remover sold to farmers/farmer clusters @12%: AARIndustrial output rises 134% in April; govt releases partial dataI-T - In the absence of enabling provisions u/s 200A of the Act, such levy of late fee is not valid: ITATFront load capex, explore PPP mode: Sitharaman on infra roadmapCOVID-19 Vaccines - Antibody threshold not known yet - Infected may not need second jab!COVID-19 - India reports 85K cases with 4000 deaths in 24 hours + Global deaths toll peaks to 38 lakhsIntermediary service to non-resident- validity of s.13(8)(b) of IGST Act
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