Table of Contents W.P.(C) NO.13190 OF 2020Case Covered:Order:Read the Copy: W.P.(C) NO.13190 OF 2020 Case Covered: Prasanna Kumar Bisoi Versus Union of India Order: 21.08.2020 BP Heard learned counsel for the petitioner and Mr.T.K.Satpathy, learned counsel for Central Excise. 2. The grievance of the petitioner
Table of Contents जीएसटी ब्याज का प्रावधान – एक गंभीर विषयजीएसटी की एक और विवादास्पद अधिसूचना जारीकॉपी पढ़ें: जीएसटी ब्याज का प्रावधान – एक गंभीर विषय जीएसटी की एक और विवादास्पद अधिसूचना जारी जीएसटी की एक और विवादास्पद अधिसूचना संख्या 63 /2020 दिनांक 25 अगस्त
Circular No. 38/2020-Customs To, All Chief Commissioners of Customs/Customs (Prev.) All Chief Commissioners of GST All Chief Commissioners of GST and Customs All Directors General under CBIC Sir/Madam, Subject: Guidelines regarding implementation of section 28DA of the Customs Act, 1962 and CAROTAR, 2020 in respect
Table of Contents Interest on Net Tax Liability – Prospective or Retrospective?Interest provisions and Brief HistoryGrounds for retrospective implicationsOther Defenses against gross tax liability Interest on Net Tax Liability – Prospective or Retrospective? Interest provisions and Brief History ➢ Interest is on failure to pay
GST interest to be levied on the net After a long journey of confusion. It is clarified that the charge of GST interest is on net liability. Notification no. 63/2020 issued in this regard. But in that notification, the date to notify the proviso to
APPELLANT: DCIT Central Circle 2 (2), Bengaluru RESPONDENT : M/s Cornerstone Property Investment (P) Ltd. Table of Contents FACTS OF THE CASE: ITAT ORDER:CRUX: FACTS OF THE CASE: Appeal has been filed by the revenue against the order to CIT(A) for the following two issues: Whether
Table of Contents Tax Authorities can’t give interpretations to legislative provisions on the basis of their own perception of trade practices: SCSynopsis of JudgmentOther PointsInterpretation of Section Our Views Section 3 of the Central Sales Tax Act, 1956 Section 6 Central Sales Tax Act, 1956 Read
Table of Contents Timeline – Payment of Interest on Net Cash Liability – GST1. 31st GST Council Meeting held on 22nd December 2018 – 2. 31st GST Council Meeting held on 22nd December 2018 3. Press Release – 22.12.20184. THE FINANCE (NO. 2) ACT, 20195.
Table of Contents Interest on Net Cash LiabilityThe proviso to Section 50(1)Retrospective or Prospective: Story so farOur viewRead the Copy: Interest on Net Cash Liability Amendment to Section 50 notified w.e.f. 01.09.2020 Section 100 of Finance Act inserting a proviso to Section 50(1) has been notified
Instruction To, All Principal Chief Commissioner/ Chief Commissioner (Customs, CGST & Central Excise) All Principal Commissioner/ Commissioner (Customs, CGST & Central Excise) Pr. ADG/ ADG DRI (Adjn)/ DGGI (Adjn) All Commissioner (Appeals) (Customs, CGST & Central Excise) Subject: Revised guidelines for the conduct of personal hearings in the
