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Eye Share : IBC & GST Law – Following ‘Social Distancing'
While framing the GST Act, various issues faced by the Interim Resolution Professional (‘IRP’) / Resolution Professional (‘RP’) during Corporate.....
Eye Share: NI Act vis-à-vis Recovery of Tax Dues – An Insight
The search and seizure action by GST Department, erstwhile Central Excise Department, for ascertaining apprehension of duty evasion by clandestine.....
Eye Share: Ultra Tech Case Ruling - Clearing the Air Around Treatment of Indirect Tax Dues Under IBC
Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI had stated, ‘The enactment of Insolvency and Bankruptcy Code (IBC) Amendment.....
CBIC notifies provision for transfer of balances lying in e-cash ledger w.e.f. April 21
CBIC notifies April 21, 2020 as effective date from which provisions of Rule 87(13) of the CGST Rules which allows a taxpayer.....
Eye Share: How GST is changing India's Business Space
In 2017, India made the most talked about economic reform of the country in the history of independent India which.....
Eye Share : GST - Offences and Penalties - Latest Amendments
In order to prevent tax evasion and curb corruption, the Government has brought stringent provisions against offenders as regards penalties.....
Eye Share : Whether show cause notice has to be issued for recovery of interest under GST
It is understood that almost every GST Commissionerate in India has issued notices for delayed payment of tax (delayed filing.....
GSTsutra lnsight: Significant Judicial Developments for FY 2019-20
GST has not only faced a bumpy ride in its implementation but the woes still continue in its compliance. There.....
Eye Share: GST on Director’s Payment
The Japanese proverb “Aite no nai kenka wa denkinu” translates as “One cannot quarrel without an opponent”. As long as.....
Eye Share: Taxability of Director Payments under GST in light of the recent Rajasthan AAR
The Japanese proverb “Aite no nai kenka wa denkinu” translates as “One cannot quarrel without an opponent”. As long as.....
Eye Share : Repeal and Savings Clause under GST – A Customary Battle of Writs!
To keep pace with the changing times, the laws also need to be changed. Therefore, many a time there are.....
FinMin issues Press release explaining full commitment to help taxpayers in COVID-19 situation
Finance Ministry issues Press Release stating full commitment to help the GST taxpayers in the COVID-19 situation; Highlights that claims.....
Eye Share: Will Government Ease Out E-Way Bill Blocking Due to Non-Filing of Returns?
By now, everybody is aware of the problems arising out of the global pandemic COVID-19. Not only humanity has been.....
Eye Share: Clarification on Refund of ITC –Uniformity or Another Set of Confusion Galore
Refund of Input Tax Credit has been a hot topic not only in the GST regime but also in the.....
Eye Share: Capping of GST Refunds - Government’s ‘Googly’ for Exporters of Goods
While Govt.’s announcement of statutory & regulatory compliance reliefs to combat the economic impact of Coronavirus, is worth an applause, recent amendment.....
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Eye Share: Export Ban on Hydroxychloroquine & its WTO Implications
Amidst the hostile environment due to COVID-19, India had imposed a blanket ban on the export of anti-malaria drug Hydroxychloroquine.....
Eye Share: GST Compliance for Resolution Professionals under IBC – Seeing Filers with Lens of Non-Filer?
Recently, the Government issued Notification No. 11/2020 prescribing for the special procedure for corporates where Interim Resolution Professional (IRP) or a Resolution.....
CBIC clarifies on challenges faced in adhering to compliance requirements amidst COVID-19 outbreak
CBIC clarifies on challenges faced by the registered persons in adhering to the compliance requirements under various other provisions of.....
Eye Share : Recommendations of 39th Council Regarding ITC Restrictions
Without being concerned about the legal issues raised regarding the very reasonableness of making the buyer liable to pay tax.....
Copy of CGST Rules 2017 amended upto April 03, 2020
CBIC releases the copy of Central Goods and Service Tax Rules, 2017 along with Forms as updated upto April 03,.....