India Tax & Legal

23/11/2021

Hon'ble Allahabad High Court admitted writ petition of Zest Inc (WP no. 964/2021) challenging rejection of refund of ITC due to limitation period and called for counter affidavit from department.

Reliance has been placed by petitioner on Hon'ble Supreme Court order extending limitation period under all the laws on account of COVID.

Argued by Page Admin.

02/09/2021

Admin delivered lectures on reverse charge mechanism, job work, composition levy scheme & E-way bill provisions under GST law for newly induced officials of CBIC at National Academy of Customs, Indirect Tax and Narcotics (NACIN online). Attached PPT and some snaps.

Link to PPTs: https://taxlawgicians.com/

02/09/2021

PPTs on lecture delivery at NACIN on Reverse Charge Mechanism, Job-Work and Composition levy scheme under GST law

PPTs on lecture delivery at NACIN on Reverse Charge Mechanism, Job-Work and Composition levy scheme under GST law

02/09/2021

PPTs on lecture delivery at NACIN on E-Way bill Provisions under GST law

PPTs on lecture delivery at NACIN on E-Way bill Provisions under GST law

10/08/2021

TABLE OF CONTENTS Part I: Introduction and non-disbursement of Compensation Part II: Non-disbursement of Compensation for period before Pandemic Part III: Compensation further hit by Pandemic Part IV: Borrowing Options to States Part V: Constitutional Validity of Continuity of Compensation Cess after transition period of 5 years Part VI: Current Position of Compensation Cess Part VII: Conclusion Part I: Introduction and non-disbursement of Compensation…...

TABLE OF CONTENTSPart I: Introduction and non-disbursement of Compensation Part II: Non-disbursement of Compensation for period before Pandemic Part III: Compensation further hit by Pandemic Part IV: Borrowing Options to States Part V: Constitutional Validity of Continuity of

31/05/2021

Hon'ble Delhi High Court issued notice in a writ petition (W.P.(C) 5539/2021) seeking direction to revenue for processing of IGST refund on account of export of goods alongside seeking direction to revenue for payment of due interest from the date of shipping bill.

Refund was not processed on account of clerical mistakes in furnishing of GST returns which led to mismatch with the details as appearing in shipping bills and also since no facility for rectification provided by GSTN portal.

Admin of the page argued for the petitioner.

11/05/2021

Representation for relaxation of FCRA regulations applicable on receipt of prescribed COVID-19 relief material (urgent lifesaving need) India is suffering from unprecedented pandemic due to outbreak of COVID-19 virus (hereinafter referred to as “catastrophe”). To help Indians sustain and fight against this catastrophe, foreign companies, foreign citizens, persons & entities abroad (hereinafter referred to as “foreign source”) are donating/transferring (without any charges) prescribed COVID-19 relief material in the nature of drug and medicines, machines, equipments, etc....

Representation for relaxation of FCRA regulations applicable on receipt of prescribed COVID-19 relief material (urgent lifesaving need)India is suffering from unprecedented pandemic due to outbreak of COVID-19 virus (hereinafter referred to as “catastrophe”). To help Indians sustain and fight ag

11/05/2021

Generally there are timing differences in generation of invoice (including e-invoice) of export consignments and its booking in accounting softwares. It may be possible that generation of e-invoice is during last days of a month (“M”) and its booking in accounting software is in subsequent month (“M1”). Businesses prefer to report export invoices in the return for the month in which it is accounted in accounting softwares i.e....

Generally there are timing differences in generation of invoice (including e-invoice) of export consignments and its booking in accounting softwares. It may be possible that generation of e-invoice is during last days of a month (“M”) and its booking in accounting software is in subsequent month...

09/05/2021

https://youtu.be/FTk0Ic-dfok

Link of the recorded lecture on assessment and adjudication under GST law delivered for Guwahati branch of EIRC of ICAI.

Regards

Assessment and Adjudication under GST law. Incorporates overall framework, all types of assessment, audits and adjudication under GST law. Lecture by Adv CA ...

08/05/2021

Message your email ID for PPT.

02/05/2021

India is suffering from unprecedented pandemic due to outbreak of COVID-19 virus (hereinafter referred to as “catastrophe”). To help people sustain and fight against this catastrophe, various lifesaving drugs, medicines and equipments are required to be imported (hereinafter referred to as “essential goods”). Import of goods attracts primarily duties and taxes in the form of “Customs duty” and “IGST”. However, duties and taxes are waived/exempted if the same is in public interest....

India is suffering from unprecedented pandemic due to outbreak of COVID-19 virus (hereinafter referred to as “catastrophe”). To help people sustain and fight against this catastrophe, various lifesaving drugs, medicines and equipments are required to be imported (hereinafter referred to as “es...

23/04/2021