Category Archives: GST

Taxpayer released on Bail if Imported Goods not re-exported and time period not expired : HC

By | May 9, 2020

Taxpayer released on Bail if Imported Goods not re-exported and period not expired : HC Assessee was arrested for offence committed under GST .He was to be released on bail on furnishing personal bond with sureties  The offence as alleged in the FIR is under section 132(1)(a) read with section 132(1)(h), (j) and (k) of… Read More »

TRAN 1 can be filed within 3 years as per Limitation Act till 30-6-2020: Delhi HC

By | May 7, 2020

TRAN 1 can be filed within 3 years as per Limitation Act till 30-6-2020: Delhi HC TRAN-1 Section 140 (1) is categorical. It states that the registered person “shall be entitled to take, in his electronic credit ledger, the amount of CENVAT credit carried forward in the return relating to the period ending with the… Read More »

Notification No. 5/2020-Central Excise : Govt. has increased Special Additional Excise Duty & Road and Infrastructure Cess on petrol & diesel

By | May 7, 2020

Notification No.5/2020-Central Excise [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.5/2020-Central Excise New Delhi, the 5 th May, 2020 Breaking News I GST Annual Return Date Extended FY 2018-19 Notification I CA Satbir Singh Govt. has increased… Read More »

Notification No. 6/2020-Central Excise : Govt. has increased Special Additional Excise Duty & Road and Infrastructure Cess on petrol & diesel

By | May 7, 2020

Notification No.6/2020-Central Excise [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.6/2020-Central Excise New Delhi, the 5th May, 2020 5 New GST Notifications issued on 5th May 2020 I CA Satbir Singh G.S.R. (E). – In exercise of… Read More »

Circular No 138/08/2020 GST : Issues Clarified due to COVID 19

By | May 7, 2020

Circular No 138/08/2020 GST CBEC-20/06/04-2020 -GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing Circular No 138/08/2020 GST New Delhi, dated the 06th May, 2020 To The Principal Chief Commissioners / Chief Commissioners / Principal Commissioners / Commissioners of Central Tax (All) The Principal… Read More »

FIR for lodged for bogus tax invoices will not be quashed : HC

By | May 6, 2020

FIR for lodged for bogus tax invoices will not be quashed : HC First information report are in respect of getting bogus firms declared/registered under the GST Act and fabricating documents/invoices with a view to evade Tax. The impugned first information report appears to have been lodged after scanning information available at the GST Portal… Read More »

Withdrawal Advance Ruling application allowed if Agreement cancelled : AAR

By | May 6, 2020

Withdrawal Advance Ruling application allowed if Agreement cancelled : AAR AUTHORITY FOR ADVANCE RULINGS, KARNATAKA Enlivening Technologies (P.) Ltd., In re DR. RAVIPRASAD M.P. AND MASHHOOD UR REHMAN FAROOQUI MEMBER ADVANCE RULING NO. KAR ADRG 05/2020 FEBRUARY  17, 2020 ORDER   1. M/s Enlivening Technologies Pvt. Ltd., (called as the ‘Applicant’ hereinafter), 5th Floor, Varthur Main Road, Ramagondanahalli, Bengaluru –… Read More »