Benefit of Sanctioning IGST refund where data has not been transmitted to IEC Gateway | Extended till 31.3.2021
Tax Planning & Optimization Benefit of Sanctioning IGST refund where data has not been transmitted to IEC Gateway | Extended till 31.3.2021 1. Issue with respect to transmission of data to IEC Gateway in case of IGST refund from customs Under Goods and Service Tax, information related Read More » 16/03/2021 No Comments
Tax Planning & Optimization GST cannot issue deficiency memo after 15 Days from date of refund application Delhi high court ruled that GST department can not issue deficiency memo after 15 days from the date of Refund application. Which means a refund application can not be rejected on the ground of deficiency in documents if the department does not issue deficiency memo within 15 days. Read More » 29/07/2020 No Comments
Tax Planning & Optimization GST Refund on Import, ISD Invoices and RCM Invoices even if not in GSTR 2A The department clarified that refund of ITC relating to imports, ISD invoices and the inward supplies liable to Reverse Charge will continue to be received even if not reflecting in GSTR 2A. Read More » 15/06/2020 No Comments
Clarification On Time Limit To Claim ITC In Respect Of RCM Supplies Received From Unregistered Persons | Circular No. 211/5/2024-GST Dated 26th June, 2024 15/07/2024
Highlights Of 53rd GST Council Meeting | Measures To Facilitate Trade And Related To Procedure 15/07/2024
Time Limit For Claiming ITC is 30th November of Following Year With Effect From 01.07.2017 and Section 16(2) and 16(4) Are Constitutionally Valid 15/07/2024
ITC On Inward Supplies Received From Non-existent And Bogus Firm is Fraud ITC Against the Department and the Public Excheque 15/07/2024
No Penalty Shall Be Imposed For Failure To File Annual Return If The Company Has Filed Return Before Issuance Of Notice 15/07/2024
RoC, Puducherry Imposed Penalty of INR 15 Lacs On Private Company On Delay in Appointment Of Whole Time Company Secretary 15/07/2024