News
Eye Share: Indirect Tax Refund Benefit – What Next in Wishlist!
In a bid to facilitate the taxpayers in the present COVID-19 situation, CBIC announced a special refund drive to process all pending.....
Eye Share: Preventive Measures at workplace during COVID-19 - Whether ITC available?
Revised lockdown guidelines for the period April 15, 2020 to May 03, 2020 were issued by Ministry of Home Affairs.....
CBIC notifies retrospective amendment to section 140 prescribing time-limit for transitional credit claim
CBIC notifies retrospective amendment to Section 140 of CGST Act granting power to prescribe a time limit for availing transitioning credit;.....
Govt. of Maharashtra issues clarification for speedy refund, relaxes monetary limit for 'approval'
Maharashtra Commissionerate issues circular for speedy GST refund noting that seeking approval through e-mail is delaying the process as Departmental.....
Eye Share: Stringent Refund Measures – Filling Loopholes or Digging Potholes?
Mr. Hiren Vora (GST Professional) in his analytical article discusses the impact of introduction of Rule 89 (4), Rule 96B and Circular.....
Eye Share: Anti-Profiteering Under GST - A Misplaced Measure
Anti-Profiteering Clause contained u/s 171 of CGST Act mandates passing of the benefit of reduction in rate of tax or ITC.....
Kerala Govt. notifies extension for filing 'Flood Cess Return' for period Feb to May
Kerala Govt. extends the last date for filing Kerala Flood Cess return in view of practical difficulties faced by taxpayers.....
Eye Share : Burning Issues Plaguing the GST Refunds
Globalization has been majorly hit with the ongoing crisis; the businesses involved in international trade are facing liquidity issues. Refund.....
Goa Commissionerate explains refund claim processing using CBIC's Virtual Private Network
GST Commissionerate, Goa during lockdown adopts to technology of remote work so that businesses are kept buoyant and tax payers.....
Eye Share: Interpretation of Section 83 of the CGST Act,2017
Section 83 of the CGST Act empowers the Commissioner to attach a property provisionally for a maximum period of 1.....
Eye Share: Probe into the provisional attachment of Property – the Brahamastra of Department
Section 83 of the CGST Act empowers the Commissioner to attach a property provisionally for a maximum period of 1.....
Eye Share : Time Limit for Filing of TRAN-01 - The Saga Continues…
Recent Delhi HC decision in Brand Equity Treaties Ltd. & Ors. [TS-256-HC-2020(DEL)-NT], on Rule 117 of the CGST Rules which provides.....
Eye Share: Verification/Adjudication of Transitional Credit – An Analysis
The provisions under GST Law enables a registered person to carry forward the credit from the erstwhile indirect tax era,.....
CBIC issues clarification on compliance requirement during COVID-19 by Corporate Debtor, Merchant Exporter
CBIC clarifies doubts regarding relief measures taken by the Government for assisting taxpayers in view of COVID-19; Clarifies issues related.....
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Govt. allows GSTR-3B return-filing via EVC & SMS, amends special procedure for corporate debtors
CBIC notifies that a person registered under the provisions of the Companies Act, 2013 shall, during the period from the.....
CBIC notifies extension in annual return due-date, e-way bill validity
CBIC extends the time limit for furnishing of the annual return specified for the FY 2018-2019 till the September 30,.....
Eye Share: Government’s New Tool to Double-Check Refund for Exporter of Goods – Rule 89 (4)
Giving a different perspective on the issue, Deepti Ahuja (Vice President - Global Sales, Business Development and Indirect Tax, Nexdigm) interprets that.....
Eye Share: Amendment to Rule 89(4)(C) of the CGST Rules, 2017 - An Analysis
Under the GST Act and Rules, an exporter of goods and services is eligible to claim a refund of input.....
Eye Share : GST and its Affinity for all Things Obsolete Inbox
Managing ITC in respect of goods lost, stolen, destroyed or written off is confusing for businesses, as there still exists.....
Govt. alerts taxpayers against fraudulent messages on GST refunds
Govt. alerts taxpayers to safeguard themselves from fake messages on GST refunds; Explains that certain miscreants have taken undue advantage of.....