SC disallowed Bharti Airtel from seeking ₹ 923 Crore GST refund by rectifying return
The Honorable Supreme Court of India in the matter of Union of India v. Bharti Airtel Ltd. and Others [CIVIL […]
Important Pronouncements
Advance Ruling-New
Tamil Nadu AAR ruled that 18% GST applicable on Electronic Toys as against 12% on other Toys
In M/s Navbharat lmports [ORDER No.35/ARA/2021 dated September 30, 2021], M/s Navbharat lmports (“the Applicant”) has sought an advance ruling
Notification and Circular, Notification And Circular
Reducing of compliance burden for registration of Authorised Couriers under customs
The CBIC issued Circular No. 24/2021- Customs dated October 27, 2021 w.r.t. reduction in compliance burden regarding registration of Authorised
Notification And Circular, Notification and Circular
CBIC increased GST rate on permanent transfer of Intellectual Property right in respect of goods
The CBIC vide Notification No. 13/2021-Central Tax (Rate) dated October 27, 2021 has further amended Notification No. 01/2017- Central Tax
Notification and Circular, Notification And Circular
Clarification on treatment of additional payment for sugarcane price by Cooperative sugar mills
The CBDT vide Circular No. 18/2021 dated October 25, 2021 issued clarification regarding treatment of additional payment for sugarcane price
Notification And Circular, Notification and Circular
CBIC increased GST rate on permanent transfer of Intellectual Property right in respect of goods
The CBIC vide Notification No. 13/2021-Central Tax (Rate) dated October 27, 2021 has further amended Notification No. 01/2017- Central Tax
Notification And Circular, Notification and Circular
Clarification on treatment of additional payment for sugarcane price by Cooperative sugar mills
The CBDT vide Circular No. 18/2021 dated October 25, 2021 issued clarification regarding treatment of additional payment for sugarcane price
Important News
CBDT issued refunds of over Rs. 1,02,952 crore to more than 77.92 lakh taxpayers from April 01, 2021 to October 25, 2021
As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (CBDT) has issued refunds of
Notification And Circular, Notification and Circular
DGFT issued draft policy on GAEC of chemical related equipment of SCOMET items for public/ Industry comments
The DGFT has circulated the Draft Policy dated October 25, 2021 on General Authorisation for export of chemical related equipment
Notification And Circular, Notification and Circular
SCNs based on the difference in ITR-TDS data and service tax returns to be issued only after proper verification
The CBIC issued Instructions dated October 26, 2021 directed that the show cause notices (“SCNs”) based on the difference in ITR-TDS