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Enable filing of revised Form TRAN-1 by opening of portal: Madras HC

September 25, 2021 1647 Views 0 comment Print

Bharat Electronics Limited Vs Commissioner of GST & Central Excise (Madras High Court) Section 120A grants only one opportunity to the petitioner to rectify the Form TRAN-1 and there is, in my view, no basis for such restriction. In this case, the last dates for filing of TRAN-1, and seeking revision of the same are […]

GST Transitional credit: Rigid view should not be taken in procedural matters

September 25, 2021 636 Views 0 comment Print

In the present case, the error is seen to be inadvertent, constituting a human error. The Revenue does not dispute this either. Moreover, the era of GST is nascent and I am of the view that a rigid view should not be taken in procedural matters such as the present one.

HC can exercise its writ jurisdiction even if alternate remedy exists if it involves question of law: SC

September 25, 2021 4008 Views 0 comment Print

Magadh Sugar & Energy Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Writ petitions were filed in the High Court challenging the levy. The writ petitions were dismissed on the ground that an alternative remedy of a statutory appeal was available. An appeal against these orders was filed before this Court. The […]

Easing container availability for export cargo

September 24, 2021 912 Views 0 comment Print

As a temporary measure to ease containers available presently for export of containerised cargo and with aim of promoting export of laden marine containers, it is guided that, where the initial period of 6 months is till on or before 31.03.2022, the above provision of the Circular may also be applied on receiving intimation before expiry of initial period of 6 months from the concerned importer that the container shall be re-exported in laden condition within the next 3 months.

Constitution of Group of Ministers (GoM) on GST System Reforms

September 24, 2021 930 Views 0 comment Print

Group of Minister on GST System Reforms is constituted with following composition, subsuming the earlier GoMs on IT challenges and revenue mobilization:

Constitution of Group of Ministers (GoM) on GST Rate Rationalization

September 24, 2021 1812 Views 0 comment Print

Council has decided to constitute a GoM to look into matters related to rate rationalization and correction of inverted duty structure. Accordingly, a Group of Ministers on Rate Rationalization is being constituted with following composition:

KCC for Animal Husbandry, Dairying and Fisheries

September 24, 2021 801 Views 0 comment Print

As you are aware, RBI vide their Master Circular dated 4.2.2018 extended the KCC facility to the farmers engaged in animal husbandry and fisheries for their working capital requirement.

Rajasthan CM approves proposal of restructuring of Commercial Tax Department

September 24, 2021 4155 Views 0 comment Print

Chief Minister Shri Ashok Gehlot has approved the proposal of restructuring of the Commercial Tax Department. The decision was taken looking at the changed scenario after the implementation of Goods and Service Tax (GST) and for better and effective implementation of GST in the State.

Employee to prove that he was not gainfully employed during the relevant period: SC

September 24, 2021 1971 Views 0 comment Print

National Gandhi Museum Vs Sudhir Sharma (Supreme Court) In the case of Talwara Cooperative Credit and Service Society Ltd. (supra), this Court has held that the fact whether an employee after dismissal was gainfully employed is within his special knowledge and therefore, considering the principles laid down in Section 106 of the Indian Evidence Act, […]

Production Linked Incentive (PLI) Scheme For Textiles

September 24, 2021 4425 Views 0 comment Print

The Production Linked Incentive (PLI) Scheme is intended to promote production of MMF Apparel & Fabrics and, Technical Textiles products in the country to enable Textiles Industry to achieve size and scale; to become competitive and a creator of employment opportunities for people.

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