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Archive: 03 August 2023

Posts in 03 August 2023

RoDTEP Regularization for 18 HS Codes from 01.01.2021 by DGFT

August 3, 2023 4212 Views 0 comment Print

DGFT notification on regularization of RoDTEP for 18 HS codes under Heading 5208 effective from 01.01.2021, facilitating claims and removing discrepancies.

Import Policy Amendments for Computer Items: DGFT 2023

August 3, 2023 12294 Views 3 comments Print

DGFT amends import policy for Laptops, Tablets, PCs, and Servers under HSN 8471, imposing restrictions and conditions. Full details on the changes here.

SEBI allows Offer for Sale for units of private listed InvITs

August 3, 2023 834 Views 0 comment Print

Updated framework on Offer for Sale (OFS) of units of REITs and InvITs by SEBI. Enhancements affect private listed InvITs, effective immediately.

Recommendations of 51st GST Council Meeting

August 3, 2023 7956 Views 0 comment Print

Recommendations of 51st GST Council Meeting GST Council recommends certain amendments in CGST Act 2017 and IGST Act 2017, including amendment in Schedule III of CGST Act, 2017, to provide clarity on taxation of supplies in casinos, horse racing and online gaming GST Council also recommends inserting a specific provision in IGST Act, 2017 to […]

ITC cannot be claimed without payment of GST to Government as registration of Supplier cancelled prior to date of supply: Madras HC

August 3, 2023 41931 Views 2 comments Print

Read about the recent Madras High Court ruling that denies Input Tax Credit (ITC) if tax hasn’t been paid to the government. Analysis and implications for businesses dealing with suppliers with cancelled GST registrations.

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