Latest update 24.11.2024

A. Amendment

CAVR Review Order no.02-2024-Customs dt 13.11.24

Advertisements

CBIC issued CAVR Order no. 02/2024 -Customs dated 13.11.2024 regarding Order for extension of validity of CAVR Order No. 02/2023-Customs under the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 in respect of Stainless Steel of J3 grade classified under HS Codes…

READ MORE

Notification No.25/2024-Customs (ADD) dated 22.11.2024

CBIC issued Notification no. 25/2024-Customs (ADD) dated 22.11.2024 regarding Soft Copy of Customs Anti-dumping Duty Amendment Notification No. 25/2024-Customs (ADD) dated 22.11.2024 to amend notification No. 18/2021-Customs (ADD), dated the 27th March, 2021.

READ MORE

Notification No. 81/2024-Customs (N.T.) dated 14.11.2024

CBIC issued Notification No. 81/2024-Customs (N.T.) dated 14.11.2024 regarding “Notification of Chhara Port as Customs Seaport ” and it was issued under Section 7(1)(a) of Customs Act, 1962

READ MORE

Notification No. 82/2024-Customs (N.T.) dated 20.11.2024

CBIC issued Notification No. 82/2024-Customs (N.T.) dated 20.11.2024 Notifying commodities from Border Haats namely Balat, Kalaichar, Srinagar, Kamalasagar, Bholaganj, Nalikata and Ryngku Border Haats by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st November, 1994

READ MORE

B. Article

Penalty under Section 129 not imposable due to improper E-Way bill when no intention to evade payment of tax

by CA Bimal Jain

The Hon’ble Allahabad High Court in the case of Ram Krishna Gupta allowed the writ petition and set aside the penalty order under Section 129 of the CGST Act thereby holding that penalty under Section 129 should not be imposed merely based on technical error in filing of e-way bill i.e. e-way bill not complete when there is no intention to evade payment of tax.

READ MORE

CENVAT credit can be claimed for telecom infrastructure

By CA Bimal Jain

The Hon’ble Supreme Court in the case of Bharti Airtel Ltd. upheld the rights of the telecom operators and infrastructure companies to claim CENVAT credit on infrastructure duties and upheld the Hon’ble Delhi High Court decision in the Vodafone Mobile Services Limited v. Commissioner of Service Tax, Delhi and over turned the contrary ruling of Bombay High Court in the case of Bharti Airtel Ltd. v. Commissioner Central Excise, Pune- III

READ MORE

C. Tax in Media

Skill Ministry seeks lower GST for manpower supply

The Skill Development and Entrepreneurship Ministry (MoSD) has sought the status of ‘merit services’ for manpower services for applicability of GST.  Acceptance of such a proposal is likely to lower the GST rate to 5 per cent as against existing rate of 18 per cent.

READ MORE

Aditya Birla Fashion faces Rs.2.46 Crore GST demand amid dispute on ITC claims

Aditya Birla Fashion and Retail Limited has received orders pertaining to GST from the Assistant Commissioner Central Goods & Service Tax Division-II, Chandigarh, according to the exchange filing.

READ MORE

Gujarat GST dept detects tax evasion worth Rs 3.53 cr by tobacco, battery traders

The Gujarat State Goods and Services Tax (SGST) Department on Friday said it had detected tax evasion to the tune of Rs 3.53 crore from B2C (business to consumer) traders in the tobacco and battery industries, resulting from sales without the issuance of invoices (bills).

READ MORE

Dispute Settlement: Decoding Vivad Se Vishwas Scheme 2.0

The Union Budget 2024 witnessed the announcement of a sequel to the widely popular and successful ‘vivad se vishwas’ dispute settlement scheme introduced by the Government in 2020, in an attempt to reduce litigation and unlock revenues under disputes for the government. On September 19, 2024, the Central Board of Direct Taxes formally notified the Direct Tax Vivad Se Vishwas Scheme 2024 (“VSVS 2.0” or “Scheme”) to take effect from October 1, 2024 along with applicable rules and forms governing the procedure for implementation of the Scheme. 

READ MORE

EPFO Rule: Government’s new order for EPF’s UAN number, now this work will be necessary for activation

EPFO Rule: After activating UAN through Aadhaar-based OTP, employees will be able to easily avail the benefits of comprehensive online services of EPFO.

READ MORE


GST Litigation Course by CA Arup Dasgupta on 26, 27 & 28th November, 2024.

🥳 We are happy to conduct – GST Litigation Course basis your feedback as detailed below –

📚 Content of the course

  1. How to read the SCN
  2. Preparation for adjudication
  3. Analysis of Order in Original for filing the appeal.
  4. Key points to remember while Drafting the appeal
  5. Action points after receiving the Order in appeal
  6. Practical case study based discussions

See Webinar

Videos Watch here

Follow us at Twitter

Support us contribute

Subscribe Newsletter


Share this content:

Leave a Reply

Your email address will not be published. Required fields are marked *