Recent Notifications, Circulars and announcements in Indirect Taxes issued post 39th GST Council meeting and COVID-19 outbreak The GST Council in its 39th GST Council Meeting held on March 14, 2020, recommended various changes under GST. The Government has recently...
Judgment Update | Non-inclusion of AMP expenses in the assessable value of imported goods The recent decisions rendered by the CESTAT regarding non-inclusion of Advertising, Marketing and Promotional (‘AMP’) expenses in the assessable value of imported goods.The bone...
Judgment update | Reduction in tax incentives under GST regime, issue of promissory estoppel Recent decision of Delhi High Court in the case of Hero Motocorp Limited v. Union of India, 2019-VIL-109-DEL. In this case, the petitioner challenged the Budgetary Support...
THE GREAT INDIAN TRADE WALL: A CASE OF MEASURED PROTECTIONISM – ANALYSIS OF INTERNATIONAL TRADE MEASURES IN BUDGET 2020 The Union Budget 2020 may not be remembered as an epochal budget like Budget 1991, but it will certainly be remembered for effecting a...
ITC on construction expenses – A macro outlook on bones of contention!!! Eligibility of input tax credit (ITC) has been the most debated topic in Indian Indirect Tax laws. Logically, the ITC framework should be wide in ambit with least exceptions. Yet, the law makers...
“The rules of the Bar Council of India prohibit law firms from advertising and soliciting work through communication in the public domain. This website is meant solely for the purposes of providing information and not for the purpose of advertising. This knowledge site is not intended to be a source of advertising or solicitation and the contents of the knowledge site should not be construed as legal advice. NITYA Tax Attorneys do not intend to use this website for directly or indirectly soliciting or advertising an attorney-client relationship from a user of this website.
By proceeding further and clicking on the “I AGREE” button herein below, the user expresses acknowledgement of having read and understood the Disclaimer & Terms of Use above or please close this browser window to exit this website.
