Important Judgments of the week
• Service of notice on truck driver or fixation of copy of order on truck is none of the methods prescribed under CGST Act
• HC issued directions that no recovery should be made during search/inspection under any circumstances
• No GST on exempted services of transmission or distribution of electricity
• CAG have no jurisdiction to audit the accounts of a non-government entity
Important Notifications, Instructions, etc.
• A4 size paper to be used uniformly in High Court and District Courts of Delhi w.e.f. April 01, 2021
• Clarification w.r.t. categorization of outstanding demand or disputed amount under Rajasthan Amnesty Scheme-2021
• Instruction regarding manual processing of declaration filed under SVLDRS, 2019 to comply with the directions of the Hon’ble High Court
• Instructions w.r.t. SCNs issued by DRI to be kept pending until further directions
• Advisory on functionalities for tracking Legacy Arrears using DRC 07A/08A in recovery module
• Late date to apply for RoSL claim under a scrip mechanism for Shipping Bills prior to 01.10.2017 is 31.12.2021
• Guidelines for Startup India Seed Fund Scheme (SISFS)
• Work from home permission in terms of Rule 43 of SEZ Rules, 2006 extended till June 30, 2021 in Maharashtra
Important Press Releases of the week
• Press Note issued by CBIC regarding payment of GST dues during March 2021
• 20th Instalment of Rs. 4,104 crore released to the States on Monday, March 15, 2021
• PIB issued statistics of India’s Foreign Trade for the month of February 2021
• Trade Infrastructure for Export Scheme (TIES) Scheme launched w.e.f. FY 2017-18
• Proposal to set up Ayush Export Promotion Council for medicines and products of Ayurveda, Homoeopathic etc.
• Plan of action by the Government to stabilise GDP
• Government encouraged investment for economic growth, including health sector
Important Updates of the week
• Guidelines for taxpayers having Aggregate turnover between 50 cr. and 100 cr. w.r.t. e-invoicing
• IFSC of 8 banks changed due to merger, taxpayers to update their bank account details/ refund application accordingly
Videos of the week
• When Recovery Proceedings & Provisional Attachment can be initiated by GST Dept || CA Bimal Jain
Source: a2ztaxcorp.com
