Category Archives: GST

Delhi HC Judgement-No Right to issue Belated Deficiency Memo After Termination of Statutory Limits

Posted on July 25, 2020

The Delhi High Court in its decision on 22nd July, 2020 in response to the Petition filed by “Jian International” stated that the Respondent has lost the right to raise the deficiency in the Petitioner’s Refund application at belated stage … Continue reading →

Posted in GST, GST Update |

Taxability of Hand Sanitizers Under GST

Posted on July 21, 2020

Hand Sanitizers to be classified as ‘disinfectants’ under GST and shall attract 18 percent GST. For more details, Please refer the attached document:- Taxability of Hand Sanitizers under GST Disclaimer:- This document has been prepared in summary form by Dewan P. … Continue reading →

Posted in GST |

New Functionalities like Turant Customs and Other Initiatives for Contactless Customs enabled w.e.f. July 06, 2020

Posted on July 16, 2020

In order to achieve the moto of “Ease of doing business” amidst this pandemic period of COVID-19, Government of India has introduced the facility of “Turant Customs”. Various notifications and circulars are being issued every now and then to give … Continue reading →

Posted in GST |

Delhi High Court Allowing Petitioner to Carry Forward Transitional Credit Despite Retrospective Amendment.

Posted on June 17, 2020

Recent ruling of Delhi High Court in the case of SKH Sheet Metals Components (W.P. (C) 13151/2019) allowing petitioner to carry forward Transitional  Credits  by 30th June, 2020 despite Retrospective Amendment Relevant Legal Provisions: Taxpayers were mandated to file TRAN-1 … Continue reading →

Posted in GST |

Carry Forward of ITC in TRAN-1 by 30th June, 2020

Posted on May 21, 2020

In the case of Brand Equity Treaties Limited vs. Union of India (Delhi High Court), the Hon’ble court has allowed carry forward of ITC in TRAN-1 up to 30.06.2020. However, the retrospective amendment in Section 140 of CGST Act (and … Continue reading →

Posted in GST |