Circular No. 13/2021 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs & Central tax, All Principal Commissioners/ Commissioners of Customs/ Customs (Preventive), All Principal Commissioners/ Commissioners of Customs & Central tax, Related Topic: 306th
Introduction- New CBIC introduced the ‘Turant – Faceless Assessment’. This is introduced to reduce the manual work. CBIC wants to increase automation. It is one of the measures from many to improve cross-border business. India ranks very low on ease of doing business. It is
Taxation is a complex balance of revenue collection, bringing prosperity and liquidity in the hands of the public and data collection for future government schemes. “Who is the most efficient and optimal use of money, Government or our industrious, resourceful public?” is the permanent and
Table of Contents Case covered:Facts of the case:Observations of the Hon’ble Court:The Decision of the Court:Read & Download the full decision in pdf: Case covered: Principal Commissioner of Income Tax Versus M/s Brahma Centre Development Pvt. Ltd. Facts of the case: The above-captioned appeals are
Introduction- There is a lot of hue and cry on the performance of Infosys. Earlier GST portal and now income tax one. Both are spoiled by Infosys and are an example of their professional failure. But the government kept levying the penalties on the public
Table of Contents Case Covered:Facts of the case:Observations:Ruling:Read & Download the full Copy in pdf: Case Covered: Airbus Group India Private Limited Facts of the case: M/s Airbus Group India Private Limited, (hereinafter referred to as the Applicant ‘or’ Airbus India ‘or the Company’), 4
Introduction- Taxpayers throughout the country are receiving multiple notices which pertain to blocking of input tax credit invoking rule 86(A) of the CGST rules 2017. In many instances notices are also not received by the taxpayers and the fact only comes to notice when one
Table of Contents Facing Blocked ITC…Rule 86ARead & Download the full copy in pdf: Facing Blocked ITC CAL- MRS REALTY PRIVATE LTD & ANR. Vs UNION OF INDIA & ORS GST – Petition challenging the constitutional validity of Rule 86A of the CGST Rules
Taxation is the price that civilized communities pay for the opportunity of remaining civilized! Table of Contents Section 194QProvisions UncloakedRead & Download the full copy in pdf: Section 194Q Deduction of tax at source on payment of a certain sum for the purchase of
Table of Contents What are the recent changes related to the QRMP Scheme?Whats is the QRMP return scheme of GST?Who can opt for the QRMP return scheme of GST?Who is not eligible for the QRMP return scheme of GST?What is the scheme of return filing under
