COURT RULINGS Rule 89(4)(c) of CGST Rules, held to be ultra-vires to the provisions of CGST Act and unconstitutional Rule 89(4)(c) of CGST Rules, restricting the value of exports (when made without payment of taxes under LUT) to the extent of 1.5 times of the…
What is Appeal ? | Basics and related concepts The Taxpayer and the Tax officer can be of different viewpoints or opinion with regards to their understanding of law. This difference of opinion might raise a dispute between the taxpayer and tax officer. The statue…
In this article we discussed about the ‘Declaration for commencement of business Form INC-20A’ MCA has come with New Section 10A inserted after Section 10 by Companies (Amendment) Ordinance, 2018 dated 02.11.2018 and same has been inserted in Rule 23A of the Companies (Incorporation) Rules,…
Recommendations of the 42nd GST Council Meeting The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs…
Full Text of the Tweet After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020. Notification follows. Tweet by…
NOTIFICATIONS Extension in time limit to raise invoice for goods supplied under ‘sale on approval’ mode Where the time limit to raise invoice in respect of goods sent on approval, in terms of S. 31(7) of the CGST Act, 2017, falls during March 20, 2020…
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Full Text of the Notification G.S.R.....(E).— In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as the said Act), read with section 148 of the said Act,…