CBIC amends Notification No. 8/2017-Integrated Tax (Rate) | Dated: 28th June, 2017 related to IGST Rate on Services wef 01.01.2022 vide Notification No. 22/2021-Integrated Tax (Rate) Dated: 31st December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st December, 2021 Notification No. 22/2021-Integrated Tax (Rate) G.S.R. 924(E).—In exercise of the powers conferred by […]
CBIC amends Notification No. 11/2017 – Central Tax (Rate), dated the 28th June, 2017 related to CGST Rate on Services wef 01.01.2022 vide Notification No. 22/2021-Central Tax (Rate) Dated: 31st December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st December, 2021 Notification No. 22/2021-Central Tax (Rate) G.S.R. 923(E).—In exercise of the powers conferred […]
Notification No. 21/2021-Union Territory Tax (Rate) | Dated 31st December, 2021 Government removed Entry No. 225 of Notification No.1/2017-Union Territory Tax (Rate), dated the 28th June, 2017 in UTGST ‘Schedule I –2.5%‘ by which Footwear were Taxed at the Rate of 5% (2.5% UTGST+2.50 % CGST) for Footwear of sale value not exceeding Rs.1000 per pair. […]
Notification No. 21/2021-Integrated Tax (Rate) | Dated 31st December, 2021 Government removed Entry No. 225 of Notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017 in IGST ‘Schedule I –5%‘ by which Footwear were Taxed at the IGST Rate of 5% for Footwear of sale value not exceeding Rs.1000 per pair. Government has now inserted New […]
Notification No. 21/2021-Central Tax (Rate)| Dated 31st December, 2021 Government removed Entry No. 225 of Notification No.01/2017- Central Tax (Rate), dated the 28th June, 2017 in CGST ‘Schedule I –2.5%‘ by which Footwear were Taxed at the Rate of 5% (2.5% CGST + 2.50% SGST) for Footwear of sale value not exceeding Rs.1000 per pair. Government […]
Commonly occurring procedural lapses in Assessment Proceedings as observed while analysing Writ petitions filed between 01/04/21 to 21/12/21- Assessment order has been passed even before the due date for reply allowed in the SCN/ DAO.
Healthcubed India Private Limited Vs Assistant Commissioner (ST) (Madras High Court) The show cause notices details and articulates the case of the respondent. It is for the petitioner to reply to the show cause notices to have the goods cleared. If the goods were really meant to be sent to Karnataka for which the petitioner […]
Delhi Govt notifies the extension of relaxation of 20% in the minimum rates (Circle rates) till 30.06.2022 for valuation of lands and immovable properties in Delhi under rule 4 of the Delhi Stamp (Prevention of Under-Valuation of Instruments) Rules, 2007 for the purpose of payment of Stamp duty under Indian Stamp Act, as applicable to Delhi […]
Centre notifies rules for Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021 The revised pecuniary jurisdiction for entertaining consumer complaints shall be upto – 1) 50 lakh for District Commissions, 2) More than ₹50 lakh to ₹2 Crore for State Commissions and 3) More than ₹2 Crore […]
SEBI has received requests from AIF Industry to extend the aforesaid timeline for applicability of the modified reporting requirements. After consideration, it has been decided that in partial modification to para 5 of the aforesaid Circular, the modified reporting requirements shall be applicable for quarter ending September 30, 2022 onwards.
