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MEIS, SEIS, ROSL, ROSCTL schemes on temporary hold
DGFT has notified that acceptance, processing and issuance of new benefits/scrips under MEIS, SEIS, ROSL, ROSCTL schemes would be on hold...
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Blocking of ITC- Challenged before WB High Court
Petitioner challenged constitutional validity of Rule 86A of the CGST Rules prayed for reading down of Section 16(2)(c) of the CGST Act....
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Legal heir not liable for service tax dues of sole proprietor
The Tribunal decided on the issue whether the successor-son is liable to pay dues of services provided by his father after his demise....
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Input tax credit when electricity used in township - HC grants interim relief
Input tax credit in respect of coal attributable to electricity produced in captive power plant by the taxpayer and used in township...
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Verification of ITC under Rajasthan VAT- Extended
Government of Rajasthan notified the process for verification of deposit of tax for the purpose of allowing the Input Tax Credit (ITC)...
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West Bengal: Extension for filing PT Return for 2020-21
Due to the COVID 19 situation in India, the last date for filing of return in Form-III, under section 6 of the West Bengal State Tax on...
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Chhattisgarh: Extension for assessment of FY 16-17 & 17-18
Period for completion of every such assessment proceeding under the Chhattisgarh Value Added Tax Act, 2005, Central Sales Tax Act, 1956...
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Issuance and use of Form C declaration under CST
In view of the amendment to section 8(3)(b) of the Central Sales Tax Act, the Karnataka government has issued a circular clarifying the...
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Penalty waiver - QR code in B2C invoice
Taxpayers with aggregate turnover more than 500 crores in any preceding financial year from 2017-18 onwards are required to issue B2C...
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SEIS update
SEIS for FY 2019-20 has received approval and should be announced shortly. Upper cap on benefit amount may be implemented. Some mature...
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Extension of Assessment under MP VAT
Extends the date for assessment and reassessment proceedings of financial year 2018-19 upto 31-10-2021.
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E-way bill for sea transport – new functionality
Mode of transport Ship is now updated as Ship / Road cum Ship so that the user can enter Vehicle number in case the goods are moved by...
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Hiring vs. Renting – Difference
The applicant operates AC buses for Brihan Mumbai Electricity Supply Transport Undertaking (BEST) and has to provide the drivers and...
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IEC details updation now legally required for every year
DGFT has provided that an IEC holder has to ensure that details in its IEC is updated electronically every year, during April-June...
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Liaison offices liable to GST registration
AAR holds that liaison office established under the RBI norms satisfies all the conditions of an intermediary and is therefore liable to...
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PLC charges are eligible for abatement claim
The Tribunal has held that preferential location charges are part and parcel of the main service which is ‘construction of residential...
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ISD can distribute credit to contract manufacturers/job workers
The Delhi CESTAT has held that ‘manufacturing units’ includes premises of contract manufacturer and job workers for the purpose of...
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POS for ‘intermediary service’ challenged
Constitutional validity of section 13(8)(b) and section 8(2) of the IGST Act, 2017 has been challenged before the Bombay High Court....
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GSTN Advisory on Table 12 of GSTR 1
Table-12 of GSTR-1 pertains to the data related to the HSN-code wise supplies of goods & services declared in the aforesaid GSTR-1. It...
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Transitional Credit allowed by Delhi High Court
Delhi High Court allows writ petition filed for TRAN-1 ITC in the following three scenarios- (i) TRAN-1 could not be filed due to...
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