Latest update 25.03.2024

Polls, higher expenditure may boost GST mop-up in Q1 FY25

General elections are set to boost collection from GST during first three months – April to June – of next fiscal year 2024-25 starting April 1. Impact of election was observed in 2019, first general election after introduction of GST. Read more

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Delhi HC: Abhisar Buildwell judgment cannot be construed to be an authority to override mandate of section 245-I

Delhi HC: Abhisar Buildwell judgment cannot be construed to be an authority to override mandate of section 245-I Read more

Assessee is entitled to interest from the date immediately after the expiry of sixty days from the date of receipt of the GST refund application

Assessee is entitled to interest from the date immediately after the expiry of sixty days from the date of receipt of the GST refund application. Read more

Appellate Authority has the discretion to allow an appeal presented after the expiry of the limitation period

The Hon’ble Calcutta High Court in the case of Arvind Gupta held that the Appellate Authority has the discretion to allow an appeal to be presented within one month after expiry of the period of limitation stipulated from the date of communication of the order upon sufficient cause being shown as per Section 107(4) of the CGST Act. Read more

SOP for stepping up of Preventive Vigilance Mechanism by the jurisdictional CBIC field formations

CBIC issued an Instruction No. 06/2024-Customs dated 23.03.2024 prescribing the ‘Standard Operating Procedure for stepping upon of Preventive Vigilance Mechanism by the jurisdictional CBIC field formations and to prevent flow of suspicious cash, illicit liquor, drugs/ narcotics, freebies and smuggled goods during elections’. Read more

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