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Amendment in section 50 is clarificatory and operative retrospectively.
Case covered: M/s.Refex Industries Limited Versus The Assistant Commissioner of CGST & Central Excise Facts of the case: PETITIONs filed under Article 226 of The Constitution of India praying for the issuance of Writ of Certiorari calling for the records of the impugned notice to
Do the Authorities have the power to ARREST prior to adjudication.
Nowadays we continuously are getting information that so and so person is arrested due to the fake invoice/fraudulent ITC etc. QUESTION before the Hon’ble Court does they have the power to ARREST prior to adjudication. Although there are judgments in this regards wherein it is
PLACE OF SUPPLY OF GOODS AND SERVICES
PLACE OF SUPPLY OF GOODS AND SERVICES GST is a destination-based tax and hence, the taxes go to the state where the goods and services are consumed not where they are originated. For the correct levy of CGST, SGST or IGST, it becomes all
Stay given by the Hon’ble GHC against recovery of interest u/s.50 of the GST Act
Stay given by the Hon’ble GHC against recovery of interest u/s.50 of the GST Act Case covered: M/s AMAR CARS PRIVATE LIMITED VERSUS UNION OF INDIA Oral Order: Let notice be issued to the respondents, returnable on 11.03.2020. Having heard the learned counsel appearing for
Notices for reversal of ITC under Section 16(4) challenged
Case covered: TIMES HEAVEN CLUB PVT. LTD. Versus UNION OF INDIA Facts of the case: A lot of notices are being sent by way of mail as well as in hard copy with regards to the reversal of input tax credit along with interest as
Representation against levy of interest on gross GST liability.
To Sh. A K Pandey Special Secretary and Member Central Board of Indirect Taxes & Customs North Block New Delhi – 110 001 Ref: CBEC-20/16/07/2020-GST dated 10.02.2020 Subject: Representation against levy of interest on gross GST liability. Sir, With reference to the clarification issued by
CBIC justified interest recovery on gross amount
A thread of CBIC tweets for interest recovery on gross amount: A hue and cry were there in business people and consultants over the collection target of 46k crores of interest by CBIC. Many experts feel that the charge of interest on the gross amount
CA Shafaly GirdharwalFeb 15, 2020Madras High Court upheld the Constitutional Validity of Sec 234(F)
Case covered: K.Nirai Mathi Azhagan Versus Union of India Facts of the case: The petition filed under Article 226 of the Constitution of India praying for the issuance of a writ of declaration, to declare Section 234(F) of the Income Tax Act, 1961 inserted by
How to get Instant PAN Allotment in Near to Real-Time for free
How to get Instant PAN Allotment in Near to Real-Time for free The new facility is announced in Budget 2020. It is live on the income tax website. Instant PAN Allotment in Near to Real-Time for free is available. We tried it and it was amazing
Implementation of PGA eSANCHIT– Paperless Processing
To All Principal Chief Commissioners/Chief Commissioners of Customs, Customs & Central Taxes, and Customs (Preventive). All Principal Commissioners/Commissioners of Customs, Customs & Central Taxes, and Customs (Preventive) Madam / Sir, Sub: Implementation of PGA eSANCHIT– Paperless Processing under SWIFT Uploading of Licenses/Permits/Certificates/Other Authorizations (LPCOs) by PGAs
Govt. Notifies New Rules to Appointment in The Tribunals
G.S.R. 109(E).—In exercise of the powers conferred by section 184 of the Finance Act, 2017 (7 of 2017), the Central Government hereby makes the following rules, namely:— 1. Short title, commencement, and application (1) These rules may be called the Tribunal, Appellate Tribunal and other
Handbook on Exempted Supplies under GST: ICAI
Chapter I Background of Exemption 1. Introduction to Exemptions The word exemption as commonly understood means a privilege. It can also mean freedom from fetters. According to P Ramanatha Aiyar’s Law Lexicon (Fourth Edition as Revised by Shri. Shakil Ahmad Khan), the word “exempt” means