Refund of ITC on account of IDS allowed where goods supplied under concessional rate notification
The Hon’ble Telangana High Court in Micro Systems and Services v. Union of India and 5 others [Writ Petition No.37465 […]
Important Pronouncements
Important Pronouncements
Quashed the detention order passed by non-jurisdictional authority
The Hon’ble Madras High Court in M/S Macmet Engineering Limited v. State Tax Officer (Intelligence) [W.P. Nos.19395 to 19399 of
Advance Ruling-New
Nature of activity determines the GST rate, separately identifiable cost center activities cannot be termed as composite supplies
The AAR, Karnataka in the matter of In Re: M/S. Hyundai Rotem Company [Advance Ruling No.- KAR ADRG 26/2022 dated
Press Release, Press Release
MCA revises threshold for paid up capital of “small companies”
The Ministry of Corporate Affairs (MCA) has taken several measures in the recent past towards ease of doing business and
Notification And Circular, Notification and Circular
CBIC amends the prescribed manner to issue duty credit for goods exported under the RoSCTL Scheme
The CBIC issued Notification No. 76/2022-Customs (N.T.) dated September 14, 2022 amending Notification No. 77/2021-Customs (N.T.), dated September 24, 2021
Notification And Circular, Notification and Circular
CBIC amends prescribed manner to issue duty credit for goods exported under the RoDTEP Scheme
The CBIC issued Notification No. 75/2022-Customs (N.T.) dated September 14, 2022 amending the Notification No. 76/2021-Customs (N.T.), dated September 23,
GST Recent News
CBIC develops system for online monitoring of GST audits initiated by tax officials across the country
The Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated
Notification And Circular, Notification and Circular
CBDT amended Rule 121A and Form 52A i.e., statement to be furnished by producers of cinematograph films/ specified activity
The CBDT vide Notification No. 109/2022-Income Tax dated September 14, 2022 notifies the Income-tax (30th Amendment) Rules, 2022 to substitute following:
Notification And Circular, Notification and Circular
CBIC notifies Electronic Duty Credit Ledger Regulations, 2022 extending the validity of e-scrip from 1 year to 2 years
Background: Earlier, the CBIC vide Notification No. 75/2021-Customs (N.T.) dated September 23, 2021 (“NN 75/2021- Customs”) has notified Electronic Duty Credit Ledger
Press Release, Press Release
FM Nirmala Sitharaman has urged GST officials to use technology to detect fraudulent practices such as tax evasion
Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman inaugurated ‘Kendriya GST Parisar’, a residential project for officers and staff