"15 February 2021" Archive

Physical assault & mental torture to Vapi based traders by GST officials

Confederation of All India Traders has written a letter to Smt. Nirmala Sithraman, Hon’ble Minister for Finance against alleged physical assault and mental torture of traders of Vapi in Gujarat by concerned high officials of GST Department and demanded that there should be stringent and exemplary punishment for erring officials sinc...

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GST Circular – SOP on GST registration Cancellation for anomalies in GSTR-3B

As notified vide Notification No 94/2020 – the amendment in Rule 21A of GST Rules, 2017 came to effect to enable the GST officers can now suspend a GST Registration with immediate effect if they found significant anomalies in GSTR3B Returns. A detailed SOP (Standard Operating Procedure) in this regard was issued by CBIC on […]...

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CAG extends last date for online empanelment application

Extension of the Last Date for submission of application for Empanelment of Chartered Accountants firms/LLPs with O/o C&AG for the year 2021-22...

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Your take home salary may hit with the NEW WAGE CODE

Yes! You read it right. This article makes an attempt to analyze the Code on Wages (Code) and the impact of the same on take home salary- The Code on Wages has been introduced aiming to streamline and simplify the existing labour laws. It was passed by parliament in 2019. The Code will subsume the […]...

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I-T department Mumbai searches Gutkha, Pan masala group

The Income Tax Department carried out search and survey operations on a group based in Mumbai on 08.02.2021. This group is mainly engaged in the business of manufacturing of Gutkha, Pan masala and allied substances, besides having operations in hospitality sector. The searches were carried out across many locations in India and concluded ...

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India’s Foreign Trade for January 2021

Indias overall exports (Merchandise and Services combined) in April-January2020-21* are estimated to be USD 396.60Billion, exhibiting a negative growth of (-) 10.63per cent over the same period last year. Overall imports in April-January 2020-21* are estimated to be USD 398.47Billion, exhibiting a negative growth of (-) 22.80per cent over...

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CBIC unearthed 9294 fake GSTINs in just 3 months

No. D.O.No.54/CH(IC)/2020 (15/02/2021)

It's now three months since the drive against the fraudulent use of fake GST invoices was launched in the second week of November, 2020. As on 13th February, 2021, the department has made 3046 cases and unearthed about 9294 fake GSTINs in just these 3 months. ...

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GST on Charitable and Religious Trusts – Analysis

♦ What does charitable activity mean under GST Act? The Goods and Services Act also specifies the criteria to be called a charitable activity. They are: I. Public Health by Way of: (A) Care or Counselling of Terminally Ill Persons or Persons with Severe Physical or Mental Disability; Persons Afflicted with HIV or AIDS; Persons […...

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Alleged Harassment by GST Authorities – Taxpayer tried to Commit Suicide- HC issues Notices

M/s Bhumi Associate Vs Union of India (Gujrat High Court)

This is one more matter amongst many other matters that have come up before us over a period of time wherein serious allegations of threats, pressure, coercion, etc. have been levelled against the respondents Nos.3, 4 and 5 respectively. It is pointed out by Dr. Poddar, the learned counsel appearing for the writ applicants that the harass...

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FASTag declared mandatory w.e.f midnight of 15th/16th February 2021

Release ID: 1697928 (14//0/2/20)

Ministry of Road Transport & Highways has decided that all lanes in the fee plazas on National Highways shall be declared as FASTag lane of the fee plaza w.e.f midnight of 15th/16th February 2021....

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February 2021