Article explains about Issue of Auto-population of ITC figures in Table 8A of Form GSTR-9 based on Form GSTR-2A, Issue Faced While Using GSTR 9C Offline Utility, When to Use INITIATE FILING of GSTR – 9C, Action on JSON File – After receipt of JSON file and Signature Related Issue Faced while Using GSTR 9C […]
A 2% Additional Ad hoc Incentive for 2 HS Codes/ tariff lines 85171211 and 85171219 is notified for exports made with Let Export date from 01.01.2020 to 31.03.2020 vide Notification No: 43/2015-2020 dated 29 Jan, 2020,
CA Final (New) Paper 7: Direct Tax Laws and International Taxation & Final (Old) Paper 7: Direct Tax Laws The October, 2019 Edition of the Study Material comprising of 4 modules, Modules 1 to 3 on Part I: Direct Tax Laws and Module 4 on Part II: International Taxation is based on the provisions of […]
Sales Tax Bar Association has made a Representation requesting for extension of the date of filing of Forms GSTR 9, Form GSTR 9A and Form GSTR 9C by atleast three months i.e. from 31.01.2020 to 30.04.2020. Full text of the representation is as follows:- Sales Tax Bar Association IInd Floor, Department of Trade & Taxes, […]
As the countdown for the Union Budget has begun, the atmosphere among India Inc and general public is fraught with anxiety. Apprehensions about the declining growth rate, stagnating domestic demand, tumbling private investment, jobs crisis and rising inflation have set the tone for the present economic discourse. The successive economic disruptions caused by Demonetisation, GST […]
The Finance Minister has repeatedly assured Bankers that adequate measures would be taken to protect honest commercial decisions taken by them and distinction would be made between genuine commercial failures and culpability.
While the naysayers have predicted that India’s bad loan crisis has turned to the worse, pragmatically speaking it seems far from over now. As per a 2019 Government of India report obtained from Press Information Bureau, RBI provisional data on global operations, the aggregate amount of gross NPAs of Public Sector Banks (PSBs) and Scheduled […]
ATF requested for Extension of due date for filing GSTR-9/9A & GSTR-9C for F.Y. 2017-18 as due to System Problems, members were not able to file GSTR-9/9A & GSTR-9C for F.Y. 2017-18.
Appointment of Common Adjudicating Authority by DGRI vide Notification No. 9/2020-Customs (N.T./CAA/EXTENSION/DRI) Dated 28.01.2020. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Directorate of Revenue Intelligence Notification No. 9/2020-Customs (N.T./CAA/EXTENSION/DRI) New Delhi, dated the 28th January, 2020 S.O.447(E). – In exercise of powers conferred upon by first […]
Bombay High Court has held that sale made by transfer of documents while goods are in bonded warehouse would not qualify as exempt under Section 5(2) of the Central Sales Tax Act, relating to high sea sales. Observing that concept of crossing the customs frontiers of India is distinct from customs barriers of India, the High Court termed such sale as local sale.
