E-Way Bill & E-Invoice downtime is scheduled between 11 PM on Oct 02, 2021 to 7 AM on Oct 03, 2021 due to maintenance
This is to inform to all E-Way Bill & E-Invoice users that downtime of all the E-Way Bill & E-Invoice […]
Important News
News
RodTEP may be extended to special economic zones and export oriented units
The government is looking to extend the newly announced tax neutralisation scheme- RodTEP to special economic zones and export oriented units. The department
Notification And Circular, Notification and Circular
Govt. has further extended period of anti-dumping duty on imports of “Color Coated/ Pre-Painted flat products of alloy or non-alloy steel”
Background: Earlier, vide Notification No. 49/2017-Customs (ADD) dated October 17, 2017 Anti-dumping duty was imposed on import of “Colour coated/pre-painted
News
Consultant poses as ‘CA’ , siphons Rs 8 crore service tax
A tax consultant who posed as a chartered accountant (CA) and siphoned Rs 8 crore of clients under the pretext
Advance Ruling-New
Whether amount forfeited on account of breach of sale of land agreement taxable under GST
In M/s. Fastrack Deal Comm Pvt. Ltd. [ADVANCE RULING NO. GUJ/GAAR/R/58/2020 dated July 30, 2020] M/s. Fastrack Deal Comm Pvt.
Important Pronouncements
Refund of wrongly reversed CENVAT credit cannot be rejected solely on the ground of non-filing of under protest letter
In Prayosha Healthcare Pvt Ltd v. C.C.E. & S.T.-Vadodara-ii [Excise Appeal No.11102 of 2018 dated September 21, 2021], the current
Press Release, Press Release
Govt. approves Rs. 4,400 crore investment in ECGC Ltd. in 5 years to provide support to exporters as well as banks
Government under the leadership of Hon’ble Prime Minister Shri Narendra Modi has undertaken a series of measures to provide a
Press Release, Press Release
ECLGS scope expanded and scheme extended till March 31, 2022
Emergency Credit Line Guarantee Scheme (ECLGS) since its launch, has extended relief to over 1.15 crore Micro, Small and Medium
Important Pronouncements
SCN issued by DRI stayed for lack of authority under Customs Act
In M/s. Aktel by Proprietorship Anand Kumar and Ors v. Union of India and Ors. [WPO No. 822 of 2021]
Important Pronouncements
Legitimate carry forward of ITC cannot be denied for non-filing of TRAN-1 – directed Department to permit filing of TRAN-1 till November 01, 2021
In M/s. Sunny Motors v. Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Govt. of India and