Category Archives: GST

Gist of Notifications dated 1st June, 2021

Posted on June 3, 2021

In exercise of powers conferred by various provisions of CGST Act 2017, CBIC issued various Notifications on 1st June, Gist of notifications are as follows:   Notification No. Gist of notifications 16/2021- Central Tax Provision for liability of interest has … Continue reading →

Posted in GST |

AAR UP allows Input Tax Credit on expense made under Corporate Social Responsibility

Posted on March 18, 2021

Authority of Advance Ruling vide order no. 52 dated 22.01.2020 allowed Input Tax Credit on expenses incurred with respect to Corporate Social Responsibility (CSR) for application dated 24.09.2019 of M/s Dwarikesh Sugar Industries Limited, P.O.- Medpurasultan, Najibabad, Nagina Road, Bundki, … Continue reading →

Posted in GST |

CBIC Issues Circular for Extension of Circular No. 12_2018 Customs dated 29.05.2018

Posted on February 18, 2021

CBIC issues circular No. 04/2021 – customs dated 16.02.2021 for extension of Board circular No. 12/2018 customs dated 29.05.2018 for sanction of pending IGST refund claims where the records have not been transmitted to ICEGATE due to GSTR 1 and … Continue reading →

Posted in GST |

Extension of Due Dates

Posted on January 4, 2021

Income Tax & GST – Extension of Due Dates as per Press Release dated 30.12.2020. Income Tax Nature of Taxpayer Extended Due Date of ITR Extended Due Date of Audit Reports (Tax Audit Report, Transfer Pricing Report etc.)  Taxpayer (including … Continue reading →

Posted in Direct Tax, GST |

Gist of Notification dated 10th November, 2020

Posted on November 13, 2020

In consonance with the powers conferred by various provisions of CGST Act 2017, the Central Government issued some notifications dated 10th November 2020 prescribing/extending due dates for various Compliances under GST Law, effecting new provisions and making various amendments in … Continue reading →

Posted in GST, GST Update |