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Trade Notice to keep control of exporters using a self-certified system
Trade Notice No. 49 To, 1. RA’s of DGFT 2. Customs Commissionerates 3. Members of Trade 4. Joint Secretary( Customs), Central Board of Excise and Customs, Department of Revenue Subject: Policy to keep control of exporters using a self-certified system for EU-GDSP Registered Export System
Misclassification of goods under the ‘others’ category at the time of Import.
To, Members of Trade/Industry/EPCs/Other Trade and Industry Bodies Regional Authorities(RAs) of DGFT Subject: Misclassification of goods under the ‘others’ category at the time of Import. Vide Trade Notice No. 46/2019 dated 17.01.2020 members of Trade and Industry were advised to suggest appropriate HS Code for
Supreme Court’s Six Mandatory Directions To Political Parties To End Criminalisation Of Politics
Case covered: RAMBABU SINGH THAKUR Versus SUNIL ARORA & ORS. Facts of the case: This contempt petition raises grave issues regarding the criminalization of politics in India and brings to our attention a disregard of the directions of a Constitution Bench of this Court in
BUDS (Banning of Unregulated Deposit) Rules, 2020.
1. Short title and commencement: (1) These rules may be called the Banning of Unregulated Deposit Schemes Rules, 2020. (2) These rules shall come into force on the date of their publication in the Official Gazette. 2. Definitions: (1) In these rules, unless the context
GUIDELINES–Allotment Of Instant PAN Through Aadhaar Based e-KYC
GUIDELINES–Allotment Of Instant PAN Through Aadhaar Based e-KYC 1. General scheme of Instant PAN allotment This facility is for allotment of Instant PAN (on the near-real-time basis) for those applicants who possess a valid Aadhaar number. PAN is issued in PDF format to applicants, which
E-Invoice System User Manual – Bulk E-invoice Generation Tool: NIC
E-Invoice System User Manual – Bulk E-invoice Generation Tool List of Abbreviations 1. Introduction 1.1 Background The GST Council has approved the introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting
18% GST applicable on Transformers supplied to Indian Railways: AAR
Case covered: RISHAB INDUSTRIES Facts of the case: The present application has been filed under Section 97 of the Central Goods and Service Tax Act 2017 and the Maharashtra Goods and Service Tax Act 2017( hereinafter referred to as ”the CGST Act and MGST Act”)
Draft reply to sec 50, interest notices
To, Commissioner, Central/State GST, Commissionerate ____ Respected Sir/Madam, Re.:- Notice dated ___________ seeking recovery of interest on the gross tax dues on account of delayed filing of GSTR – 3B 1. We are in receipt of the captioned notice wherein we have been directed to
E-Invoice System User Manual for Tax Payers: NIC
E-Invoice System User Manual for Tax Payers List of Abbreviations 1. Introduction 1.1 Background The GST Council has approved the introduction of ‘E-invoicing’ or ‘electronic invoicing’ in a phased manner for reporting of business to business (B2B) invoices to GST System, starting from 1st
Interest Under Section 50 of the CGST Act is Automatic: Madras HC
Case covered: The Assistant Commissioner of CGST & Central Excise Versus M/s.Daejung Moparts Pvt Ltd. Prayer: Writ Appeal filed under Clause 15 of the Letters Patent against the order of the learned Single Judge passed in W.P.No.15624 of 2019 dated 13.06.2019. Common Order: These
New Returns under GST
GST Returns – Phase I Original GST Returns Filing Schema Original Schema of GST Returns GST Returns – Phase II Alternative Returns filing option after Phase I Advantages of New GST Returns • Invoice updating can be done on a real-time basis and ITC
Penalty can’t be levied on Erroneously Seized Amount: Supreme Court
Case covered: KISHORE JAGJIVANDAS TANNA VERSUS JOINT DIRECTOR OF INCOME TAX Order: Leave granted. Despite opportunities, the respondents have not filed a reply. Learned Senior Counsel for the respondents states that they do not wish to file a response and the appeal may be decided.