Bombay High Court-GST: Refund rejection order set aside where deficiencies found through SCN instead of Deficiency Memo and opportunity of being heard also not given: Recently, in case of Knowledge Capital Services Private Limited Vs Union of Inda & Others [WRIT PETITION NO. 61 OF 2023] the Honorable Bombay High Court overturned the refund rejection...Read More
No Scope for issuance of Deficiency Memo, Once an application with prescribed documents submitted on common portal submitted for GST Refund : Delhi High Court Recently, in a case of BHARAT SANCHAR NIGAM LIMITED Vs UNION OF INDIA & ORS. [W.P.(C) 3550/2023] heard by the Hon’ble Delhi High Court, it was held that once an...Read More
Refund claim could not be rejected for inadvertent error of opting "export with payment of tax" column in GST returns instead of "export without payment of tax". In case of Abi Egg Traders v. Assistant Commissioner [W.P. NO. 3773 OF 2020] it is held by the Hon’ble High Court of Madras that refund claim could...Read More
GST: Professional Consultancy Services Provided to Overseas Entities Would Not Fall Under Intermediary Services-Refund Allowed Recently, in the case of M/S ERNST AND YOUNG LIMITED Vs ADDITIONAL COMMISSIONER, CGST APPEALS-II, DELHI AND ANR. [W.P.(C) 8600/2022], the Hon’ble Delhi High Court conducted a detailed analysis of the definition of “intermediary”. Based on this analysis, the Hon’ble...Read More
GSTN UPDATED ADVISORY ON TIME LIMIT FOR REPORTING INVOICES ON IRP PORTAL On 13/04/2023 GSTN updated its advisory in relation to time limit for reporting invoices on IRP Portal, earlier issued on 12/04/2023, the Updated adviosry is provided below: It is to inform you that it has been decided by the Government to impose a...Read More
Advisory: Time Limit for reporting Invoices on the IRP Portal GSTN on 12/04/2023 issued advisory to prescribe the time limit for reporting invoices on the IRP Portal.the points of advisory are provided as under:It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices...Read More
GST: Karnataka High Court Quashed Order of Cancellation of GST Registration Where Sufficient Time Was Not Granted to Submit Reply (2023-ProIndiaClub HC 5) Recently in case of Ummer Farooq Vs Superintendent of Central Tax [WP No. 4985 of 2023 dated 30-03-2023], hon’ble high court of Karnataka has quashed the order of cancellation of GST registration...Read More
West Bengal GST: Mandatory Requirement of Quoting Documentation Identification Number (DIN) on All GST Communications For keeping the objectives of transparency and accountability in the administration of GST laws through widespread use of information technology, the Directorate of Commercial Taxes of West Bengal vide Trade Circular Number 01/2023 dated 29/03/2023 has issued guidelines for using...Read More
CBIC Waive the interest on import duties for the period from April 01, 2023 to April 10, 2023 CBIC (Central Board of Indirect Taxes and Customs) on 06th April 2023 issued order no. 01/2023 – Customs (N.T) under Customs (waiver of interest) order, 2023 to waive the whole of interest payable under sub-section (2) of...Read More
EODC/Redemption Process for Advance Authorisation and EPCG Defined by DGFT EPCG/AA DGFT, on 06th April 2023 issued Trade Notice No. 01/2023-24 to define redemption/ closure process of EPCG and Advance Authorisation.Online application for redemption/closure of licence may be submitted by navigating to DGFT website –> Services –> AA / EPCG –> Closure of Advance Authorisation...Read More