GSTN enables Auto-population of HSN description based on HSN Code
The Goods and Service Tax Network (GSTN) enabled the Auto-population of Harmonized System of Nomenclature (HSN) description based on HSN code on the GST portal. The taxpayers have to prepare HSN Summary to capture the
GST E-Way Bill: NIC releases Changes in Blocking of GSTIN & Bill generation
The National Informatics Centre (NIC) has released the Changes in Blocking of Goods and Services Tax Identification Number (GSTIN) and E-Way Bill generation. The NIC has highlighted the Notification 15/2021-CT dated May 18, 2021, that
Know the Procedure to File, & TCS Credit Received on GST Portal
TDS and TCS credit received is a facility available after logging in to the GST portal. It can be filed by all the taxpayers who are making specified sales on the e-commerce platforms and/or entered
Income Tax: Non-Receipt of Reassessment Notice Equivalent to Non-Service, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chandigarh Bench ruled that the Non-receipt of Reassessment Notice is equivalent to non-service. The assessee, Smt. Simar Kaur challenged the order on the ground that the order for want
GST Return filing by Companies using EVC instead of Digital Signature: Provision mandatory from August
On the recommendation of the 43rd GST Council Meeting, the Finance Ministry has notified that the Companies must mandatorily file the return using electronic verification code (EVC) instead of Digital Signature form August 2021. The
GST E-Invoice not required for Govt Departments and Local Authorities: CBIC [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) excluded the government department and local authorities from the requirement of issuance of GST E-Invoice. The Government has amended the Notification No.13/2020 – Central Tax, dated
GST Returns: Govt notifies Due Date Extension for GSTR-3B, GSTR-1, GSTR-4
The Central Board of Indirect Taxes and Customs ( CBIC ) notified the Due Date Extension for GST Returns. GSTR-1 provides for the details of supplies made during the month, by the 11th day of
SC stays Delhi HC order declaring IGST Imposition on Oxygen Concentrators Imported by Individuals as Unconstitutional
The Apex Court on Tuesday stayed the Delhi High Court order declaring the imposition of Integrated Goods and Services Tax (IGST) on the import of oxygen concentrators as gifts for personal use to be unconstitutional.
Delhi HC issues notice to Govt. in a plea seeking direction for processing of IGST Refund on Account of Export of Goods [Read Order]
The Delhi High Court issued notice to the government in a plea seeking direction for processing of Integrated Goods and Service Tax (IGST) refund on account of export of goods. The petitioner, Syschem India Limited
CA vacancy in BNP Paribas
The BNP Paribas has invited applications for the post of Associate Level 1 -Financial Accounting and Reporting. BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost
CBIC notifies Ad hoc Customs Exemption on Imports of COVID-19 relief material Donated from Abroad [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) on Monday notified the ad hoc Custom Exemption on imports of COVID19 relief material donated from abroad. The Central Government in view of public
Jagannath Bidyadhar Mohapatra to discharge duties of CBDT Chairman until Appointment of a Regular Chairman
The Government has appointed Jagannath Bidyadhar Mohapatra to discharge duties of Central Board of Direct Taxes (CBDT) Chairman until the appointment of a regular Chairman. Presently, the Chairman of CBDT is Mr. Pramod Chandra Mody,
CBIC extends GST Returns Due Date
In a major relief to the businesses struggling with the second wave of coronavirus pandemic ravaging the country, the Central Board of Indirect Taxes and Customs (CBIC) has extended the due date for filing of GSTR-1with information
Simultaneous Investigations can’t be initiated by Central and State GST Authorities: Orissa HC quashes SCN [Read Order]
The Orissa High Court while quashing the Show Cause Notice held that the Simultaneous Investigations can not be initiated by Central and State GST Authorities. The Petitioner, Sonam Berlia is engaged in trading of iron
Ceramic colours cleared by Exporter for Export and DTA are ‘Similar’ as Manufacturing Activities are Same: CESTAT allows exemption [Read Order]
The Customs, Excises, Service Tax Appellate Tribunal (CESTAT), Mumbai Bench while allowing the exemption ruled that the Ceramic colors cleared by the exporter for export and DTA are ‘Similar’ as manufacturing activities are the same.