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Archive: 23 April 2021

Posts in 23 April 2021

Join Us for an Exclusive Webinar: GST on Corporate Guarantees

December 4, 2024 2397 Views 0 comment Print

Join us on 8th Dec for a live webinar on GST and corporate guarantees. Learn valuation, co-guarantor liability, cross-border impacts, and practical examples.

Course on Mastering GST Sections Effortlessly with Memory Techniques!

November 28, 2024 5022 Views 0 comment Print

Simplify GST learning with memory techniques. Join live sessions, master CGST sections, and retain knowledge effortlessly. Register now for practical GST mastery!

CBDT notifies ‘Maa Umiya Temple’ under Section 80G(2)(b)

April 23, 2021 1782 Views 0 comment Print

CBDT vide Notification No. 36/2021-Income Tax Dated:  23rd April, 2021 notifies ‘Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad’ to be place of artistic importance and a place of public worship of renown throughout the state of Gujarat State for the purposes of Section 80G(2)(b) from Financial Year 2021-2022 MINISTRY OF FINANCE […]

Supply of license of pre-developed or pre-designed software amounts to supply of goods covered under heading 8523

April 23, 2021 2025 Views 0 comment Print

The AAR, Karnataka in the matter of M/S. SPSS South Asia Pvt. Ltd., [Advance Ruling No. KAR/ADRG/15 of 2021, dated March 24, 2021] held that, supply of license of pre-developed or pre-designed software by assessee amounts to supply of goods and said supply is covered under tariff heading 8523. Further, such supply of computer softwares […]

Extend Compliance time period in second wave of Covid 19

April 23, 2021 29169 Views 3 comments Print

PDH Chamber Of Commerce And Industry requested Finance Minister, Smt. Nirmala Sitharaman to extend the time period regarding Legal and Statutory compliances in the second wave of Covid 19. Full text of their representation is as follows:- PDH CHAMBER OF COMMERCE AND INDUSTRY Sanjay Aggarwal President Comm -14 22nd April 2021 Respected Smt. Nirmala Sitharaman […]

High priority to Customs clearances of goods related to COVID 19 pandemic

April 23, 2021 855 Views 0 comment Print

It is requested that all Customs formations may be sensitised of the urgency of this matter and may be directed to give high priority for Customs clearances of import of goods relating to COVID 19 pandemic, including oxygen related equipments etc.

Serum not contracted full production to Centre, States can Purchase

April 23, 2021 315 Views 0 comment Print

Serum Institute of India (SII) has NOT contracted all its production of COVID vaccine to the Centre till 25th May 2021. State Governments are free to procure COVID vaccine doses from the vaccine manufacturers as per the Liberalised Pricing and Accelerated National Covid-19 Vaccination Strategy

Extend date for payment under Vivad Se Vishwas Scheme

April 23, 2021 13515 Views 3 comments Print

DTPA has made a Representation to FM for extension of date for payment of amount under Vivad Se Vishwas Scheme to 31st July 2021 considering adverse impact on economy due to 2nd Wave of Corona. Full Text of their representation is as follows:- DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax Building, 3, Govt. Place West, Ground […]

Is refund of unutilised ITC allowed when exporter claims higher rate of duty drawback?

April 23, 2021 35817 Views 2 comments Print

Is refund of unutilized input tax credit allowed when the Assessee\Exporter claims higher rate of Duty Drawback with respect to goods manufactured in India and exported, during the GST transition period (July to September 2017)?

Work From Home: A New Compliance Alert for Labour Laws in India

April 23, 2021 23922 Views 0 comment Print

Every economic shock leaves behind a legacy, and the Corona outbreak is not an exception to it. The Corona outbreak has provided with an opportunity to experiment globally with the concept of remote working. The work environment is suddenly exposed to a new experiment at the global level.

What is the best procedure to recover loan after death of employee

April 23, 2021 6798 Views 0 comment Print

This is a very important question. Many companies and organisations provides loan to their employees for their various needs to support them to full fill their needs relates to medical , marriage, house construction etc. Company gives the loans to the employees keep in view various criteria like Tenure of service, employees salary , his […]

Providing security to oxygen tankers and Make green corridors

April 23, 2021 282 Views 0 comment Print

Provide adequate security to oxygen transporting vehicles and to make provisions for exclusive corridors for such transportation, treating these vehicles like ambulances.

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