Date of payment of property tax for Financial Year 2021-22 on lump sum payment 0f Property Tax with 15% rebate along with 3% (three percent) COVID Vaccination Incentive (only for residential properties) Scheme has been extended up to 15% July, 2021 for convenience of the taxpayers NORTH DELHI MUNICIPAL CORPORATION ASSESSMENT & COLLECTION DEPARTMENT E-1, […]
An eight members group of ministers set up to decide GST reduction on Covid relief material has recommended that the GST on vaccines be determined by Gst Council and has therefore referred the matter back to the council said people aware of the details. 1. GST council should decide the rate on vaccines it has […]
1. Keeping the policy repo rate unchanged at 4 per cent 2. The MPC also decided unanimously to continue with the accommodative stance as long as necessary to revive and sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target […]
8 Suggestive Practical Measures for Points to Be Pondered Upon in light of Govt’s Latest GST Facilitation Announcements Without going into the legal provisions of the respective Sections, this article discusses practical scenarios in light of the recent trade announcements. 1. Filing Of GSTR 1s While uploading GSTR-1 for the month of April & May […]
Office Order No. 140 of 2021 With the approval of the Competent Authority, the following officers shall hold the charge along with zonal charges mentioned against their name with immediate effect, until further orders:
Notification No. 33/2021 -Customs (ADD) | Dated 03.06.2021 | Continuation of anti-dumping duty on imports of ‘Phenol’ originating in or exported from European Union and Singapore till 31st October 2021. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 3rd June, 2021 Notification No. 33/2021 -Customs (ADD) G.S.R. 389(E).—Whereas, the designated authority vide initiation […]
Notification No. 32/2021 -Customs (ADD) | Dated 03.06.2021 | Continuation of anti-dumping duty on imports of ‘Polytetrafluoroethylene’, originating in or exported from Russia till 31.10.2021 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 3rd June, 2021 Notification No. 32/2021-Customs (ADD) G.S.R. 388(E).—Whereas, the designated authority vide initiation notification No. 7/47/2020-DGTR, dated the 12th […]
1. Blocking of GSTIN for e-Way Bill generation is now considered only for the defaulting Supplier GSTIN and not for the defaulting Recipient or Transporter GSTIN 2. Mode of transport Ship is now updated as Ship / Road cum Ship 3. Suspended GSTINs shall be allowed for E-Waybill generation. National Informatics Centre Release Notes: 01/06/2021 […]
Notification No. 16/2021 – Central Tax Dated 01/06/2021: Appoints 01.06.2021 as the date on which the provisions of section 112 of the Finance Act, 2021 shall come into force – Retrospective amendment in Section 50 of the CGST Act to provide interest on net cash basis w.e.f. 01.07.2017. However, persons who have already paid interest on […]
Supreme Court Bench of Justices DY Chandrachud and MR Shah issued notice in the appeal against the High Court verdict and granted a stay on order declaring imposition of IGST on the import of oxygen concentrators by individuals for personal use as unconstitutional.