NITYA | Indirect Tax Bulletin | November 2022 | Week 4
Please click on the below link to NITYA | Indirect Tax Bulletin | November 2022 | Week 4 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates. NITYA I Indirect Tax Bulletin I November I Week 4 In this Weekly...
Haryana Electric Vehicle Policy, 2022
Vide this outlook we intend to apprise you about the Haryana Electric Vehicle Policy, 2022 (‘Policy’) (effective July 10, 2022). The Policy has introduced significant monetary benefits to manufacturers and buyers and other measures to develop infrastructure for...
ITC eligibility on transportation of export goods
Vide this Outlook, we intend to discuss eligibility of ITC of IGST charged on overseas transportation of export goods by vessels and aircrafts from customs station of clearance in India (‘export freight’). Export freight has been made exigible to GST effective October...
NITYA | Indirect Tax Bulletin | November 2022 | Week 1 – 3
Please click on the below link to NITYA | Indirect Tax Bulletin | November 2022 | Week 1 – 3 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates. NITYA I Indirect Tax Bulletin I November 2022 I Week 1 - 3 In this...
Transiting ISD Credits: Battle half won, but clock is still ticking !!!
Transition of erstwhile credits into GST regime has remained a vexed issue due to drafting insufficiencies and technical glitches of GST portal. The legislature even had to bring retrospective amendments to correct some drafting mistakes / misses in the transitional...
Scope of term ‘Proceedings’ under GST I The mystery continues!
The term ‘Proceedings’ has been used in different context in various provisions under GST law. Infusion of such words inter alia in provisions relating to advance ruling and concurrent jurisdiction to both Central Tax and State Tax officers is fuelling disputes which...
Payment of Pre-Deposit from Electronic Credit Ledger: Entangled Legally!
A conundrum exists on whether payment of pre-deposit under GST can be made from electronic credit ledger even after various rulings and clarifications. Contrasting views have been given by various Orrisa High Court in Jyoti Construction v. DC CT&GST and Bombay...
Interest and Penalty on IGST levied on import of goods I A legal faux pas?
Disputes relating to levy and collection of tax, interest and penalty absent a substantive provision have been a bone of contention between taxpayers and revenue since inception of taxing statutes. Despite various authoritative judicial precedents on the subject, the...
NITYA | Indirect Tax Bulletin | October 2022 | Week 3 and 4
Please click on the below link to NITYA | Indirect Tax Bulletin | October 2022 | Week 3 and 4 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates. NITYA I Indirect Tax Bulletin I October 2022 I Week 3 and 4 In this...
