On the GST side an analysis of e-way bill data reveals encouraging trend about revival of our economy. The value of supplies of goods, which had reduced to ahout 10% of Pre-lockdown period of March 2020 in Lockdown 1.0, has now reached more than 80% of pre-lockdown level during first Fortnight of June 2020.
Issue raised in the reference is whether intelligence based enforcement actions initiated by the Central Tax officers against those taxpayers which are assigned to the State Tax administration gets covered under section 6(1) of the CGST Act and the corresponding provisions of the SGST/UTGST Acts
They were able to detect another case of GST evasion of Rs 22.73 Crores on scrap purchased from Railways and on trading/ manufacturing of scrap/MS ingot/bar but passing on ITC without paying the leviable GST on their outward supplies.
I am directed to state that the Hon’ble Home Minister has directed that in all cross-border narcotics drug cases affected by the Custom formations, NDPS Act, 1985 should also be invoked under which Custom officers are duly empowered to provide effective deterrence to cross-border smuggling of drugs.
Sugar Mills and distilleries are also engaged in manufacturing/supplying alcohol-based hand sanitizers and are classifying the same under tariff heading 3004 (12% GST) of HSN whereas the same arc correctly classifiable under heading 3808 (18% GST) of HSN.
hri Nitin Gadkari today announced further extension of the validity date of motor vehicle documents till September this year. Accordingly, the Ministry of RTH has issued an advisory to all States and UTs to this effect.
A Faceless Assessment Group would consist of Appraisers!Superintendents and Assistant Commissioners!Deputy Commissioners for verification of assessment of any bill of entry that is assigned to this group in the Customs Automated System.
CBIC has decided to extend the facility of 24×7 Customs clearance at all the Customs formations till 30th June, 2020. However, designated Sea Ports/Air ports already under 24×7 operations shall continue to function even after 30th June. 2020.
CBIC had initiated a special refund and drawback disposal drive from 09.04.2020 to 30.04.2020 with the objective of priority processing and disposal of all pending refund and drawback claims so as to provide immediate relief to the business entities and especially MSMEs.
Compulsory veterinary certificate issued by Competent Authority of exporting country is not being insisted upon by field formations in consignments of dairy products (including edible lactose).
