Departmental audits under GST

Departmental audits under GST

The departmental audits under Indirect Tax laws, has always been a great discomfort for taxpayers. Under erstwhile regime, multiple wings of the department used to conduct separate audits for the same taxpayer for the same period (CERA audits, MLU audits, CAG audits...

Eligibility of cenvat credit on clean energy cess

Eligibility of cenvat credit on clean energy cess

The Clean Energy Cess (‘CEC’), renamed as the Clean Environment Cess in Finance Act 2016, was levied as a duty of excise vide Clause 83 of the Finance Act, 2010 (‘Finance Act, 2010’). While CEC was levied as a duty of excise, only some provisions of the Central Excise...

Legal Precedents’ Series_Issue 10 (Writs, NAA and AAR)

Legal Precedents’ Series_Issue 10 (Writs, NAA and AAR)

 ‘NITYA’s Insight-Legal Precedents’ Series’ (Writs, NAA and AAR) covering the period of June, 2019 for your kind perusal.To Read More, Please click on the below mentioned link:NITYA's Insight l Legal Precedents' Series_Issue 10 (Writs, NAA and...

Food Safety and Standards | Draft Labelling Regulations

Food Safety and Standards | Draft Labelling Regulations

We wish to inform you that the Government has recently notified the draft Food Safety and Standards (Labelling and Display) Regulations, 2019 (‘Labelling Regulations’) which proposes to revise labelling norms to give higher protection to interests of consumers. This...

Kerala Flood Cess (‘KFC’) – recent developments

Kerala Flood Cess (‘KFC’) – recent developments

The Kerala Government has notified August 1, 2019 as the date of implementation of KFC. Further, the Cess Rules shall also be applicable from the said date which provide as under: KFC shall be collectable on the taxable value of intra-state supplies of goods or...

Input tax credit on bus and cabs engaged for employees

Input tax credit on bus and cabs engaged for employees

The ITC on rent-a-cab / renting of motor vehicle was restricted under the Cenvat Credit Rules, 2004 and the same has been continued under GST regime as well. A pertinent question that was worth examining under the old regime was eligibility of ITC on buses or cabs...

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