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...
![ITAT restore issue back to AO to determine eligibility for Deduction of Amount paid as Cess [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-eligibility-for-deduction-Cess-Taxscan.jpg "ITAT restore issue back to AO to determine eligibility for Deduction of Amount paid as Cess [Read Order]")
![Assessee not entitled to carry forward and set off of unutilized Cess against GST Output Liability: Rajasthan High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/unutilized-Cess-GST-Output-Liability-Rajasthan-High-Court-Taxscan.jpg "Assessee not entitled to carry forward and set off of unutilized Cess against GST Output Liability: Rajasthan High Court [Read Order]")
GST: Adjudicating Authority has No Right to rectify an error after expiry of a period of more than 3 months, says Tripura High Court [Read Order]
The Tripura High Court held that the adjudicating authority has no right to rectify an error after the expiry of a period of more than three months. The petitioner, M/s Kiran Enterprise is the...
![GST: Adjudicating Authority has No Right to rectify an error after expiry of a period of more than 3 months, says Tripura High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/GST-Adjudicating-Authority-Tripura-High-Court-Taxscan.jpg "GST: Adjudicating Authority has No Right to rectify an error after expiry of a period of more than 3 months, says Tripura High Court [Read Order]")
Cess paid can be deducted while computing Income chargeable under the head 'Profits and Gains of Business or Profession': ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that the cess paid can be deducted while computing income chargeable under the head “profits and gains of business or profession”. The...
![Cess paid can be deducted while computing Income chargeable under the head Profits and Gains of Business or Profession: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Cess-computing-income-profits-gains-of-business-ITAT-Taxscan-1.jpg "Cess paid can be deducted while computing Income chargeable under the head Profits and Gains of Business or Profession: ITAT [Read Order]")
Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]
The Madras High Court directed the custom department to refund the Extra Duty Deposit (EDD) amount within 4 weeks with 6% interest rate. The Customs Department has filed this Writ Appeal aggrieved...
![Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Madras-High-Court-Customs-Dept-refund-of-EDD-amount-interest-rate-EDD-Taxscan.jpg "Madras High Court directs Customs Dept. to Refund of EDD amount within 4 weeks with 6% Interest Rate [Read Order]")
Centre releases Rs. 1,65,302 Crore as GST Compensation to States/UTs for the FY 2019-20 against Cess collection of Rs. 95,444 cr
The Central Government has recently released the GST Compensation of Rs. 13,806 crore to States for March’2020. Taking this amount into account, entire compensation up to 2019-20 has been released to...
