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Calcutta HC extends validity of existing interim orders till April 30

March 24, 2020 1017 Views 0 comment Print

Matters pending with interim orders in the High Court at Calcutta and Courts subordinate to it including the Tribunals within the State of West Bengal and Union Territory of Andaman & Nicobar Islands during the prevailing COVID-19 situation related non-availability of access to Courts.

Facilitation of Clearance of Import Cargo due to delay caused by Covid-19

March 24, 2020 1335 Views 0 comment Print

Now keeping in view the situation arising due to outbreak of Corona Virus in the country, there is likelihood of late filing of bills of entry because of difficulty in getting the related documents or difficulty in reaching the facilities from where the filing can be done on ICEGATE.

Exemption from IGST & compensation cess to EOUs on imports till 31.03.2021

March 24, 2020 3609 Views 0 comment Print

Amendment to Notification No.52/2003-Customs dated 31.03.2003 for extending exemption from IGST and compensation cess to EOUs on imports till 31.03.2021.  Notification No. 16/2020-Customs Dated 24th March, 2020 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 16/2020-Customs New Delhi, the 24th March, 2020 G.S.R. 213 (E).— […]

CBIC notifies Rate of Exchange of Foreign Currencies wef 25.03.2020

March 24, 2020 696 Views 0 comment Print

Exchange Rates Notification No. 30/2020-Custom (NT) dated 24.03.2020 Notifying Customs Rate of Exchange of Foreign Currency Conversion w.e.f. 25th March, 2020.

Instructions to maintain uninterrupted supply of food products for citizens

March 23, 2020 753 Views 0 comment Print

In the wake of precautions being taken by various states for prevention of COVID 19 through Lockdowns and various other precautionary measures, it is seen necessary to issue clear instructions from DPIIT to State Authorities to not obstruct and call for closure of food processing units, since they manufacture food stuff and to maintain uninterrupted supply for citizens of our country.

Pesticide Management Bill, 2020 introduced in Rajya Sabha

March 23, 2020 2574 Views 0 comment Print

(1) This Act may be called the Pesticide Management Act, 2020. (2) It shall come into force on such date as the Central Government may, by notification, appoint:

SC indefinitely extends limitation period for filing appeals

March 23, 2020 30453 Views 0 comment Print

In re Cognizance for Extension of Limitation (Supreme Court) This Court has taken Suo Motu cognizance of the situation arising out of the challenge faced by the country on account of Covid-19 Virus and resultant difficulties that may be faced by litigants across the country in filing their petitions/applications/suits/ appeals/all other proceedings within the period […]

No penalty or enforcement related action for Form CAR

March 23, 2020 3987 Views 0 comment Print

Companies Affirmation of Readiness towards COVID-19 Stakeholders may please note that there is no fee application for Form CAR (Companies Affirmation of Readiness towards COVID-19). It may be noted  that this form is a purely confidence building measure to assess the readiness of the companies to deal with COVID-19 threat in India. As Such no […]

TAR/ ITR Due date extended for J&K & Ladakh to 31st March 2020

March 23, 2020 1284 Views 0 comment Print

CBDT further extends the ‘due-date’ for filing of Income-tax Returns/Tax Audit Reports for the Assessment year 2019-20 as specified in section 139 (1) of the Act to 31st March, 2020 in the Union Territory of Jammu  and Kashmir and Union Territory of Ladakh. F. No. 225/306/2019-ITA- II Government of India Ministry of Finance Department of […]

Firm busted for claiming bogus Input Tax Credit of around Rs 281 Crores

March 23, 2020 885 Views 0 comment Print

In an investigation led by CGST Meerut team has prima facie revealed issuance of GST invoices of Rs. 1,708 crores from a chain fake firms/companies operating from Delhi, Moradabad and Meerut, involving fraudulent ITC of about Rs 281 crores. The fraud amount may exceed on further probe.

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