Important Judgements of the week
• SC refuses to interfere with Rajasthan HC order allowing filing of GSTR – 9/9C till February 12, 2020
Notifications, Circulars, etc.
• Policy to keep control on exporters using self-certified system for EU-GSP Registered Exporter System
Important Press Releases
• Regulation of irregularities in GST claims
Important Updates
• CBIC direct officers to recover the unpaid Interest on delayed payment of taxes u/s 50(1) of CGST Act
• CBIC clarified via tweet on Interest Calculation on delayed GST payment on the basis of Gross Tax liability
Source: a2ztaxcorp.com
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- Meghalaya Extends VAT Exemption on Fruit Wine to 10 Years, Boosting Local Wine Industry
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- Chennai Fake GST Invoice Racket Busted; ₹350 Crore Evasion Suspected, Prime Accused Arrested
- Overpaid GST: Rectification or Refund? Understanding When to Adjust and When to Claim Refund
- Insurance Brokers Push for Zero-Rated GST to Restore Input Tax Credit and Prevent Premium Hikes
