With effect from 20thMay 2019, all exporters filing online AA & EPCG applications will, In addition, need to upload supporting documents also as prescribed in ANF/FTP/HBP. With the use of this facility, exporters will not be required to submit hard copy of the AA/EPCG application and its related documents to the DGFT RA.
In re M/s. Rajkot Nagrik Sahkari Bank Ltd (GST AAR Gujarat) Question 1 : In the facts and circumstances of the case whether Refundable Interest Free Deposit received could be treated as Supply under the provisions of Goods and Services Tax Act, 2017? And chargeable to tax in the hands of the applicant? Answer 1: […]
In re ITD Cementation India Ltd. (GAT AAAR West Bengal) It is clear from the very nature of the project that it creates infrastructure for commercial utilization of the national waterway. Though the Multi-modal IWT Terminal will facilitate commerce and business in and around Haldia, West Bengal, its creation is not for propagating any business […]
I am directed to say that as per last year, this year also the Board has decided to dedicate the second fortnight of May, 2019 i.e. 16th to 31st May, 2019 to expeditious disposal of appeal effect and rectification claims of the taxpayers.
In the High Court of Delhi in case of ON QUEST MERCHANDISING INDIA PVT. LTD. Versus GOVT. OF NCT OF DELHI. Held Section 9(2)(g) of Delhi Vat Act, 2004 requiring that the ITC will be allowed subject to the payment of tax by the selling dealer. Held that it was violative of Article 14 of Constitution of India. Purchasing Dealer has paid the entire tax amount to the selling dealer
A. FAQs on Filing Application for Compounding of Offence (Form GST CPD-01) and Taking Actions in the Subsequent Proceedings Q.1 What is the purpose of Form GST CPD-01? Ans. Form GST CPD-01 is Application for Coounding of Offence. Any Taxpayer can file this application in the following two cases: Prosecution is instituted: This means that an […]
We are pleased to share that the Accounting Standards Board (the Board/ ASB) of Institute of Chartered Accountants of Indian (ICAI) has released e-version of Compendium of Indian Accounting Standards (Ind AS). As you are aware the Ind AS recommended by the ICAI, are prescribed by the Central Government, under Section 133 of the Companies […]
Sonka Publication (India) Pvt. Ltd. Vs Union of India & Ors. (Delhi High Court) In this case, a question to be asked is whether the books in question merely help the child in improving the child‘s handwriting by providing space in a book by copying from a written text or does it pose questions to […]
It is noticed that the Assessing Officers of Groups are, sometimes, giving examination order to verify compliance of RE-44/2000, which may entail opening of the packages and examination. Thus, the very purpose of facilitation for examination by RMS, gets defeated in case of such consignments. It is, therefore, instructed that the Assessing Officers should strictly refrain from giving such examination order which results into opening and examination of the import consignments.
Laying of underground cable by the mobile service provider is exigible to property tax being a levy for use of land for laying of cable and not on cable itself.
