By: AdminMay 30, 2024Categories: Advance Ruling-New4 Min Read The Telangana, AAR in the matter of M/s. Center for International Admission and Visas (CIAV), In re [TSAAR Order No. 09/2024 dated…
Relief for fertilizer companies as GST Council may okay refunds due
By: AdminMay 30, 2024Categories: GST Recent News4 Min Read Some relief to the fertilizer companies is on the cards as the GST Council is likely to recommend issuance of a…
DGFT Pauses New Norms on Precious Metals Export, Invites Industry Feedback
By: AdminMay 29, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT issued Trade Notice No. 04/2024-2025 on May 28, 2024, placing Public Notice No. 05/2024 issued on May 27, 2024…
DGFT’s Public Notice No 05 in Abeyance Until July 31, 2024 for Reassessment as per GJEPC Request
By: AdminMay 29, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT issued Public Notice No. 06/2024 dated May 28, 2024, putting Public Notice No. 05/2024 dated May 27, 2024 on…
Department should seek document/clarification if required from assessee before passing order
By: AdminMay 29, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Delhi High Court in Spinclabs (P.) Ltd. v. Commissioner of Delhi Goods and Services Tax [W.P. (C) NO. 4187 OF…
Appellate authority cannot proceed on an order issued by a Non-competent authority
By: AdminMay 29, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Delhi High Court in Rahul Packaging v. Union of India [W.P. (C) NO. 5373 OF 2024 dated April 16, 2024]…
GST Council’s fitment committee likely to consider dropping 12% slab
By: AdminMay 29, 2024Categories: GST Recent News4 Min Read The fitment committee under the Goods and Services Tax (GST) Council, comprising central and state officials, has begun a rate rationalisation…
Govt to integrate data repositories to curb GST evasion, fraud
By: AdminMay 29, 2024Categories: GST Recent News4 Min Read The Central Board of Indirect Taxes and Customs (CBIC) is mulling to merge its existing database of DG (Systems) with that…
Uttarakhand court cancels bail of prime conspirator in illegal timber trade case
By: AdminMay 29, 2024Categories: GST Recent News4 Min Read A court in Uttarakhand on Tuesday cancelled the bail granted to Shahnawaz Hussain, the main conspirator of the illegal timber trade…
Claim of credit depends upon fulfilment of ITC conditions, not when it auto populated in GSTR-2B
By: AdminMay 28, 2024Categories: Advance Ruling-New4 Min Read The Telangana, AAR in the matter of M/s. Noori Travels [TSAAR ORDER NO.08/2024 dated May 01, 2024] ruled that the credit on…