By Tax, Tariff, & Regulatory Affairs Committee

Representation for the effective implementation of GST rate reduction and compliance with Legal Metrology guidelines

On December 10th, AMCHAM’s Electronics Manufacturing Committee sent a representation to Mr. Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce and Industry, regarding urgent concerns about the Import Management System (IMS) implementation beyond December 31st, 2024. With pending Standard Operating Procedures and unclear import quotas, U.S. companies face potential supply chain disruptions and customs delays. The representation highlights critical issues including 2-3 weeks lead time requirements, export license concerns, and the need for specialized server exceptions. AMCHAM requested immediate dialogue to prevent inventory management disruptions and revenue impacts.

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By Tax, Tariff, & Regulatory Affairs Committee, Industry

Pre – Budget Recommendations 2024-25 (Direct Taxes)

AMCHAM’s Medical Device Committee made a representation on consideration to exempt medical devices as listed under Schedule I of S.O. 360 (E) to Ms. Leena Nandan, Secretary, Ministry of Environment, Forest and Climate Change on August 1st, 2022. The representation…

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By Tax, Tariff, & Regulatory Affairs Committee

Pre – Budget Recommendations 2024-25 (Indirect Taxes)

AMCHAM’s Medical Device Committee made a representation on consideration to exempt medical devices as listed under Schedule I of S.O. 360 (E) to Ms. Leena Nandan, Secretary, Ministry of Environment, Forest and Climate Change on August 1st, 2022. The representation…

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By Tax, Tariff, & Regulatory Affairs Committee

Key recommendations for changes in tax policies for REITs / InvITs

Over the years, the Indian Infrastructure and real estate sector has experienced a significant transformation, with the emergence of Real Estate Investment Trusts (REITs) and Infrastructure Investment Funds (InvITs), playing a pivotal role in revitalizing the…

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By Tax, Tariff, & Regulatory Affairs Committee

AMCHAM Pre-Budget Recommendations 2023-24 – Custom

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” min_height=”221px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.17.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] Pre-budget Recommendations 2023-24 – (Customs) presented to Ministry of Finance, Government of India on November 4th, 2022 Read More [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

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By Tax, Tariff, & Regulatory Affairs Committee

AMCHAM Pre-budget Recommendations 2023-24 – Direct Tax

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” min_height=”221px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.17.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] Pre-budget Recommendations 2023-24 – (Direct Tax) presented to Ministry of Finance, Government of India on November 4th, 2022 Read More [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

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By Tax, Tariff, & Regulatory Affairs Committee

Request to preserve the ongoing exemption of Goods and Service Tax (GST) for international air and ocean freight services

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 8th Sept. 2021, with a request to preserve the ongoing exemption of Goods and Service Tax (GST) for international air and ocean freight services. government’s continued emphasis on promoting exports.

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By Tax, Tariff, & Regulatory Affairs Committee

Request for clarification on export position for IT/ ITeS sector

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of Central Board of Indirect Taxes and Customs (CBIC) on 26th Aug. 2021, with a request for clarification on export position for IT/ ITeS sector. The clarifications were sought on entities being regarded as “merely establishments of a distinct entity”

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By Tax, Tariff, & Regulatory Affairs Committee

Request for deferral of Sections 194Q, 206AB and 206CCA of the Income-tax Act, 1961

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Direct Taxes (CBDT) on 30th June 2021, with a request for deferral of Sections 194Q, 206AB and 206CCA of the Income-tax Act, 1961. Considering the several concerns highlighted in the representation and in view of

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By Tax, Tariff, & Regulatory Affairs Committee

Request for Clarification in complying with provisions of Section 194Q and 206C(1H) of the Income tax Act, 1961 (‘Act’)

The Tax, Tariff and Regulatory Affairs Committee at AMCHAM made a representation to the Chairman of the Central Board of Direct Taxes (CBDT) on 13th July 2022, seeking clarification on complying with provisions of Section 194Q and 206C(1H) of the Income tax Act, 1961 (‘Act’). Finance Act, 2021 introduced provisions relating to TDS on purchase

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By Tax, Tariff, & Regulatory Affairs Committee