GST Compliance Calendar for the month of March 2022
Important dates in March 2022 for compliance under Goods and Services Tax (GST). The complete Compliance Calendar can be accessed […]
Important News
Press Release, Press Release
Rs 1,33,026 crore Gross GST Revenue collected for February 2022
The gross GST revenue collected in the month of February 2022 is Rs 1,33,026 crore of which CGST is Rs 24,435 crore, SGST is Rs
News
‘Road Tax’ paid at time of purchase of vehicle & ‘Toll Tax’ paid on highway do not amount to Double Taxation: Andhra Pradesh HC
The Andhra Pradesh High Court recently ruled that the road tax paid under the Motor Vehicles Act while purchasing the
GST Recent News
Supreme Court rules Tata Steel has locus standi to challenge denial of input tax credit to its unit
A Bench of Supreme Court, consisting of Justices Sanjiv Khanna and Bela M. Trivedi, remanded a matter back to Jharkhand High
Notification and Circular, Notification And Circular
Importers allowed to import Moong for the contracts made in the fiscal year 2021-22
The DGFT vide Trade Notice No. 37/2021-22 dated February 28, 2022 allowed the importers to import Moong (HS Code 07133190)
News
Delhi high court directs disposal of Nokia’s rectification application over refund of Rs. 58 crores within six weeks
A Bench of Delhi High Court, consisting of Justices Manmohan and Navin Chawla, directed the revenue authorities to decide Nokia’s rectification
News
Inspection and examination of goods before shipment not taxable as technical and managerial services: ITAT Delhi
The Delhi Bench of ITAT, consisting of members Amit Shukla (Judicial Member) and Dr. B. R. R. Kumar (Accountant Member),
Important News
GSTN has started showing Late fees in GSTR-9 for FY 2020-21
The Goods and Services Tax Network (“GSTN”) has started showing Late fees in case of delay in filing of GSTR-9/9C
Notification and Circular, Notification And Circular
Implementation of automation in customs IGCR Rules, 2017 w.e.f. March 01, 2022
The CBIC issued Circular No. 04/2022-Customs dated February 27, 2022 regarding implementation of automation in the customs (Import of Goods
News
Old income-tax regime with deductions must go: Revenue Secretary Tarun Bajaj
Revenue Secretary Tarun Bajaj on Saturday said that the old income tax regime must be disincentivised with a view to