GSTR 1 and GSTR 3B: Rectification beyond Statutory Timelines?

GSTR 1 and GSTR 3B: Rectification beyond Statutory Timelines?

In a democratic state, clear separation of powers is cardinal to maintain balance among three organs of Democracy i.e., Executive, Legislative and Judiciary. While Legislature enacts laws and Executive implements them, Judiciary plays a pivotal role in interpreting...

Advance Rulings under GST: A complex antidote!!!

Advance Rulings under GST: A complex antidote!!!

Under GST, Advance Ruling mechanism was presented with noble objective of stemming the tide of litigations. Over five years passed by, yet there are certain unknown infirmities showing up in this mechanism, with time. Recently, in the case of Anmol Industries Limited...

Upcoming compliances under Waste Management Laws

Upcoming compliances under Waste Management Laws

Recently, we have apprised you in detail regarding various compliances required to be undertaken under E-Waste Management Rules, 2016, Plastic Waste Management Rules, 2016 & Battery Waste Management Rules, 2022 (collectively ‘Waste Management Laws’).  These laws...

GST Portal – Fifth Estate of the GST Law!

GST Portal – Fifth Estate of the GST Law!

Buoyancy of revenue collections post shift to the GST regime is most talked about financial news currently. This feat was impossible to achieve without seamless integration of technology with law, a foundation on which GST law is built. Introduction of the GST was...

NITYA | Indirect Tax Bulletin | May 2023 | Week 1

NITYA | Indirect Tax Bulletin | May 2023 | Week 1

Please click on the below link to NITYA | Indirect Tax Bulletin | May 2023 | Week 1 (Legal Precedents, Other Updates, Articles, Short Videos and Recent News) covering all recent updates. NITYA I Indirect Tax Bulletin I May 2023 I Week 1 In this Weekly Bulletin, we...

Denial of ITC due to cancellation of supplier’s registration

Denial of ITC due to cancellation of supplier’s registration

This is to apprise you that GST authorities are currently undertaking inquiries on ITC claimed by taxpayers where registration of their suppliers are retrospectively cancelled. These inquiries have started culminating into Demand Notices proposing recovery of ITC...

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