Important Judgements/ Ruling of the week
• COVID-19: SC stays Kerala & Allahabad HC order of not levying taxes, etc. till April 6
• Gujarat HC: allows Rebate of Excise Duty to Petitioner in Cash instead of Cenvat Credit in post GST regime
• AAR: Holds Development of Plots by Developer in JDA is Taxable under Works Contract Services
Notifications and Circulars, etc.
• CBIC extends the due date for Electronic Sealing- Deposit in and removal of goods from Customs
Bonded Warehouses
• CBIC seeks to exempt Foreign Airlines Company from furnishing Reconciliation Statement i.e. GSTR9C
• CBIC issued clarification in respect of Appeal in regard to Non – Constitution of Appellate Tribunal
Important Press Release
• PIB Issued Statistics on Export of MSME Products up to Dec 2019
Source: a2ztaxcorp.com
Latest Posts in "India"
- Bombay HC Rules Freight Charges Reimbursed by Wholesalers Not Part of Sale Price
- GST Council announces major rate restructuring and exemptions
- Traders Face Penalties for Not Passing GST Reductions to Customers, Warns Government
- CBIC Clarifies GST Implications on Secondary or Post-Sale Discounts for Businesses
- India Slashes GST on Drones to 5%, Boosting Domestic Manufacturing and Sectoral Growth
