DGGSTI fixing hearings in Show Cause Notices issued demanding excise duty on drawings and designs
Over past two years, DGGSTI has issued Show Cause Notices to more than 500 Component Manufacturers of one Automotive OEM across India. Vide these Notices, DGGSTI has proposed to raise demand of excise duty along with interest and penalty, holding these drawings and...
NITYA Legal Precedents | January 2021 | Week 2
Please click on the below link to NITYA Legal Precedents | January 2021 | Week 2 (Writs and Advance Rulings) covering the decisions for the week ending January 14, 2021 for your kind perusal. NITYA Legal Precedents I January 2021 I Week 2 We hope you will enjoy...
Applicability of E-Invoicing to taxpayers partially exempt from its issuance
E-Invoicing was implemented w.e.f. October 1, 2020. Even after 3 months of implementation, taxpayers continue to face several legal and practical issues. One of the issues pertains to applicability of E-Invoicing to taxpayers partially exempt from its issuance. The...
Use of unofficial e-mail ids by department for communication with taxpayers
In present scenario, most communications are sent by department to taxpayers through e-mail. Further, taxpayers also submit most of responses to departmental queries (including data sought) through e-mail. Many times, such e-mails are sent by department from...
Availability of benefits of Advance Authorization and EPCG along with RoDTEP – Confusion and Way Forward
We shared detailed booklet on new export incentive scheme viz. Remission of Duties and Taxes on Exported Products (‘RoDTEP’) containing all information as available in public domain. While RoDTEP rates are yet to be notified, RoDTEP stands operationalized with effect...
Authorities issuing Show Cause Notices demanding Service Tax due to difference between Service Tax Returns and Income Tax Returns
CBIC is targeting taxpayers due to difference in value of output service declared in Service Tax Returns (‘Form ST-3’) vis-à-vis income depicted in Income Tax Returns / TDS Certificates (‘ITR / Form-26AS’). In this context, Service Tax authorities have recently issued...
NITYA Legal Precedents | January 2021 | Week 1
Please click below link to NITYA Legal Precedents | January 2021 | Week 1 (Writs) covering the decisions for the week ending January 7, 2021 for your kind perusal. NITYA Legal Precedents I January 2021 I Week 1 We hope you will enjoy reading NITYA Legal Precedents!...
Supreme Court upholds Delhi High Court’s decision allowing carry forward of transitional credit through Form TRAN-1
In a welcome step for taxpayers, the Supreme Court in the case of Nodal Officer Delhi State GST Department v. Aagman Services Private Limited & Ors. 2021-VIL-01-SC has dismissed SLP filed by department and upheld decision of Delhi High Court. Brief Facts: The...
CAROTAR- Concept, Procedures and Key Issues
In our earlier updates, we apprised you regarding various developments related to Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (‘CAROTAR 2020’). The appended booklet intends to capture basic concept, procedure and key issues emanating...
