c

"06 December 2021" Archive

Give Effect on Assessment through Web service for AY 2016-17 – reg

ITBA - Give Effect on Assessment - Instruction No.1 06/12/2021

t is informed that the functionality in ITBA for passing Give Effect Orders through Web Service on Processing u/s 143(1) of the Income-tax Act' 1961 for A.Y. 2016-17 was deployed earlier. Now functionality for Give Effect on Assessment through Web service for A.Y. 2016-17 is also live in ITBA w.e.f. 29.10.2021....

Read More

Due Date Compliance Calendar January 2022

Article compiles due dates of compliance related to GST, Income Tax, ESI, PF Acts which includes compliance related to GSTR-1, GSTR-3B, ITC-04, GSTR-5 & 5A, GSTR-6, GSTR-7, GSTR-8,  RFD-10, Due dates for payment of TDS/TCS, Dues date for Payment of Advance Tax, Due date for Issue of TDS/TCS Certificates, Due date for linking of Aadha...

Read More

CESTAT Quashes SCN not issued by Proper Officer to Recover Customs Duty

Ajanta Overseas Vs Principal Commissioner of Customs (CESTAT Delhi)

Ajanta Overseas Vs Principal Commissioner of Customs (CESTAT Delhi) The first issue that arises for consideration is whether the Additional Director General, DRI had the jurisdiction to issue the notice. This precise issue was examined by the Supreme Court in Canon India. The Supreme Court observed that the nature of the power to recover ...

Read More

AAR explains when 5% GST can be charged on supply of marine engines

In re ocean blue boating Private Limited (GST AAR Maharashtra)

In re ocean blue boating Private Limited (GST AAR Maharashtra) Question 1:- Whether GST rate of 5% can be charged on supply of marine engines of heading 8407 and heading 8408 and/or their spare parts of heading 8409 without considering its general tax rate as per the entry of schedule I, SI. No. 252 of […]...

Read More

No GST payable on accommodation service provided below INR 1000

In re Healersark Resources Private Limited (GST AAR Karnataka)

AAR held that, assessee providing boarding and lodging facilities and raising 2 separate invoices, towards hostel rent and towards hostel food respectively would neither be covered under composite supply nor mixed supply. Further, the declared tariff of a unit of accommodation service below INR 1000/- per day is exempted....

Read More

GST not leviable on free of cost supply during warranty period

In re South Indian Federation of Fishermen Societies (GST AAR Karnataka)

Whether GST leviable on supply of materials and labour charges incurred during the warranty period, free of cost? The provision of material and labour during warranty period without consideration (free of cost) does not come under the purview of supply in terms of Section 7 of the CGST Act, 2017 and no GST is leviable in such free of cos...

Read More

GST on supply of services relating to sale or purchase of rice

In re Hindustan Agencies (GST AAR Karnataka)

In re Hindustan Agencies (GST AAR Karnataka) i. Whether the applicant is entitled to collect GST on Supply of services which pertains to selling of agricultural produce as per APMC Act? The applicant is liable to collect CGST @ 9% and KGST @ 9% on supply of services relating to sale or purchase of rice. […]...

Read More

SEBI (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2021

Notification No. SEBI/LAD-NRO/GN/2021/60 06/12/2021

These regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette....

Read More

DGFT invites Applications for import authorisation for Water Melon Seeds

Public Notice No. 41/2015-2020-DGFT 06/12/2021

Applications are invited for import authorisation for Water Melon Seeds–Other (ITC(HS) 12077090) for the period of 01.01.2022 to 31.03.2022. The last date for submission of online applications is 13.12.2021 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (Directorate General of Foreign Trade) New Delhi, the 6th December, 2021...

Read More

Govt imposes ADD on import from China of Certain Flat rolled Products of Aluminium

Notification No. 68/2021-Customs (ADD) [G.S.R. 847(E)] 06/12/2021

Seeks to impose ADD on Certain Flat rolled Products of Aluminium originating in or exported from China PR for a period of 5 years vide  Notification No. 68/2021-Customs (ADD) Dated: 6th December, 2021. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 6th December, 2021 Notification No. 68/2021-Customs (ADD) G.S.R. ...

Read More

Search Posts by Date

January 2022
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31