The matter regarding a consignment of 3,000 Oxygen Concentrators lying with Customs Authorities came up in the Hon’ble Delhi High Court and the same was clarified by the Government Counsel that presently no such consignment is pending with Custom Authorities.
Extension in dates of various GST Compliances for GST Taxpayers Government has extended the dates of various compliances by Taxpayers under GST, through Central Tax Notification Nos. 10/2021, 11/2021, 12/20211, 13/2021, 14/2021, all dated 1st May, 2021. The details are summarized below: Filing of Form GSTR-1/IFF by Normal Taxpayers: Sl.No. Return Type(Form) To be filed […]
Frequently Asked Questions about CS Executive Entrance Test (CSEET) to be held on 8TH May 2021 through remote proctored mode Sl.No. Question Answer 1. How the CSEET will be conducted? Will it be conducted from Test Centres or from Home? CSEET shall be conducted through REMOTE Proctored mode instead of conducting the same from Test […]
An unprecedented upsurge of COVID-19 cases and deaths is currently being witnessed across India. The overall nationwide test positivity rate is above 20%. Testing-tracking-tracing, isolation and home-based treatment of positive patients is the key measure to curb transmission of SARS-CoV-2, the causative agent of COVID-19.
One person company is a recently introduced concept in India though it is already a successful and popular form of business in UK, USA, China, Singapore, Turkey, UAE etc. In India, one person company is a strong improvement over sole proprietorship. As per section 2(62) of the Companies Act,2013, “One person company” means a company […]
Ministry of Corporate Affairs has issued 3 Circulars on May 03, 2021 to provide Relaxation due to CoVID from Compliance under Companies Act, 2013 in respect of ROC Form Filings and Holding of Board Meetings. Circular – 1: Maximum Gap Between Two Board Meetings MCA extended gap between two board meetings by 60 days for […]
The Central Government with an intent to provide relief to the taxpayers to a certain extent has issued the below set of notifications granting relief in the form of waiver of interest, late fee, extension of various GST compliances etc. The below table captures a gist of the notifications: Notification No Details of the notification […]
Will Recipients Be Obliged to Reverse ITC In Case Suppliers Do Not Pay their taxes: Critical Provisions for Denial of ITC Mismatch The following are the provisions for conditions for taking ITC and matching ITC – 1. As per Section 16(2)(c) of CGST Act, ITC shall be claimed only in case, the tax charged in […]
The provisions of the West Bengal (Regulation of Promotion of Construction and Transfer by Promoters) Act, 1993 (WB 1993) Act impliedly stood repealed upon the enactment of the RERA in 2016, in accordance with Sections 88 and 89 read with Article 254(1) of the Constitution. As a consequence of the declaration by this Court of the invalidity of the provisions of West Bengal Housing Industry Regulation Act, 2017 (WB-HIRA, 2017), there should be no revival of the provisions of the WB 1993 Act, since it would stand impliedly repealed upon the enactment of the RERA.
Certificate for AD hoc Exemption No. 04/2021-Customs valid ON 30.06.2021 from IGST on imports of certain COVID-19 relief material authorized by State Governments subject to specified conditions
