The petitioner has alleged in the petition that despite making several efforts on the last date for filing of the application, the electronic system of the respondent no.2 did not respond, as a result of which the petitioner is likely to suffer loss of the credit that it is entitled to by passage of time.
Housing loan limits for eligibility under priority sector lending will be revised to ₹ 35 lakh in metropolitan centres (with population of ten lakh and above), and ₹ 25 lakh in other centres, provided the overall cost of the dwelling unit in the metropolitan centre and at other centres does not exceed ₹ 45 lakh and ₹ 30 lakh, respectively.
As data, the new oil of the digital era continues to drive the economies around the globe, privacy and protection of data is in the spotlight. On 25 May 2018, The European Union led the pack by enforcing GDPR into full-effect, thereby making a milestone in data protection laws across the European Union (EU). What […]
M/s. Modern Traders Vs. State Of U P And 2 Others (Allahabad High Court) The High Court Held that As e-way bill was produced on the same day of the interception of goods along with documents indicating payment of IGST but before seizure order is passed, no justification for passing orders of seizure of goods/vehicle […]
Analysis of Notification No.27/2018-Central Tax dated 13.06.2018 issued by CBIC a. The said notification is issued in exercise of powers conferred by Section 67(8) of CGST Act, 2017. b. Notifies categories of goods which shall, as soon as may be after its seizure under section 67(2) of the CGST Act, be disposed of by the […]
Second proviso added to Rule 37(1) of CGST Rules Rule 37(1) requires reversal of ITC where value of supply is not paid within the stipulated period. First proviso deems value to be paid where supplies are made without consideration in terms of Schedule I Second proviso now added also deems value to be paid in cases covered by Section 15(2)(b) i.e. any amount which the supplier is liable to pay in relation to supply which has been incurred by the recipient
CGST Rules138C/ 142 and insert Rule 58(1A)/ new Form GST ENR-2 Relating to Application for obtaining unique common enrollment number (Only for transporters registered in more than one State or Union Territory having the same PAN)
For motor vehicle owners in India, not having insurance for their vehicles is not an option. Irrespective of whether a vehicle is personal or commercial, all car owners within the nation are mandated to have at least a minimum level of insurance by law, as clearly specified under the Motor Vehicles Act of 1988. Today, […]
The general public is hereby informed that the Income Tax Department (ITD), Government of India has appointed only two entities namely NSDL e-Governance Infrastructure Limited (NSDL e- Gov) and UTI Infrastructure Technologies Services Limited for purpose of receiving and processing of PAN applications.
Ministry of Finance was requested to clarify whether the limit for reimbursement of accommodation charges can be taken without GST and the GST amount debit by Hotels can be reimbursed in full.
