New Functionalities made available for Taxpayers on GST Portal (January 2021) 1 – Registration Sl No Form/ Functionality Functionality released and available for Taxpayers 1 Deemed approval of Registration Application in Form GST REG-01 In terms of Notification, No 94/2020-CT, dated 22nd December 2020, all
GST Revenue Collection For January 2021 almost Touches Rs. 1.20 lakh crore The gross GST revenue collected in the month of January 2021 till 6 PM on 31.01.2021 is Rs. 1,19,847 crore of which CGST is Rs. 21,923 crores, SGST is Rs. 29,014 crores,
Memorandum Explaining The Provisions In The Finance Bill, 2021 Finance Bill, 2021 Provisions Relating To Direct Taxes Introduction The provisions of Finance Bill, 2021 (hereafter referred to as “the Bill”), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as
The Finance Bill, 2021 A BILL to give effect to the financial proposals of the Central Government for the financial year 2021-2022. BE it enacted by Parliament in the Seventy-second Year of the Republic of India as follows:–– Chapter I Preliminary Section 1 Short title and
Case Covered: Nowrangroy Agro Private Limited Versus Union of India Facts of the Case: This matter was taken up on 13th January 2021 and adjourned after hearing the parties enable the learned advocate representing the respondent nos.3, 7, and 10 to take instruction as to
Detention of Goods on account for Discrepancy in Address of Actual Supply and Address as per Way Bill Telangana High Court in M/S. Sree Rama Steels Versus The Deputy State Tax Officer And 3 Others Facts The vendor (Jeevaka Industries Private Limited) has issued the
Case Covered: Diesel World Pvt. Ltd. Versus Union of India Facts of the Case: The subject matter of challenge in the present writ application is to the show cause notice dated 24th December 2020 issued by respondent No.3 under Section 74 of the Act, 2017 by applying the circular dated 4th September 2018, more particularly, the para 3.2 therein with retrospective effect. It is the case of the writ applicant that upon export of goods against a letter of undertaking without payment of tax, it was entitled to refund of the unutilized Input Tax Credit under Section 54(3) of the Act, 2017. Accordingly, the writ applicant filed an application for a refund for the period between September
VSVS में, नए विवाद बॉबी मूवी के मशहूर गीत की पंक्तियाँ याद आ गई, “प्यार करे और आरी चलवाए, ऐसे आशिक से बचियो……” 1.एक तरफ आयकर विभाग विवाद से विश्वास स्कीम में अधिक से अधिक डिस्प्यूट्स को सेटल करने का प्रयास कर रहा है। वहीं
Consultation Paper on the introduction of provisions relating to appointment/reappointment of persons who fail to get elected as Whole-time directors / Managing Directors at the general meeting of a listed entity 1. Objective To solicit public comments/views on the proposal to introduce provisions in the
Case Covered: Barak Valley Cements Ltd Versus The Union of India Facts of the Case: This writ petition has been filed by the petitioner being aggrieved by the e-mail dated 08.10.2020 issued by the respondent/authorities. The contents of the e-mail are extracted as under— “Dear
