Customs Faceless Assessment Booklet– Concept, Procedure and Clarifications
In our earlier updates, we have discussed various measures on Paperless Customs and Faceless e-assessment introduced under Customs Turant Scheme. Recently, the Government vide Circular No.55/2020-Customs dated December 17, 2020 has clarified issues raised by...
NITYA Legal Precedents | December 2020 | Week 5
Please click below link to NITYA Legal Precedents | December 2020 | Week 5 (Writs, Advance Rulings and Other Rulings) covering the decisions for the week ending December 31, 2020 for your kind perusal. NITYA Legal Precedents I December 2020 I Week 5 We hope you will...
Departmental approach towards GST audits
Through this update, we wish to apprise you on departmental approach under GST audits. Recently, various State Governments have issued Circulars clarifying manner in which department will conduct GST Audits under Section 65 of the Central Goods and Services Tax Act,...
RoDTEP – Concept, Procedure and Key Issues
We have discussed various developments relating to Remission of Duties and Taxes on Exported Products (‘RoDTEP’) Scheme in past. On eve of New Year 2021, the Government launched much-awaited export incentive scheme viz. RoDTEP Scheme. The Scheme has been made...
NITYA Legal Precedents | December 2020 | Week 4
Please click below to NITYA Legal Precedents | December 2020 | Week 4 (Writs) covering the decisions for the week ending December 24, 2020 for your kind perusal. NITYA Legal Precedents I December 2020 I Week 4 We hope you will enjoy reading NITYA Legal Precedents!...
Effective Date and Time of Change in Rate of Customs Duty – A Case of Settling the Unsettled
NITYA Tax Associates is proud to present their recent write-ups in the ‘Article’ series on trending indirect tax issues. A gist of the next article in the series is as under: Article 57 – “Effective Date and Time of Change in Rate of Customs Duty - A Case of Settling...
Writ Petition challenging Gujarat High Court decision in case of Cosmo Films
We shared our update titled NITYA Insight | Issue 198 | Availability of output GST refund to Advance Authorization holders - Impact of Gujarat High Court decision wherein we discussed High Court’s finding that Notification No.54/2018 – Central Tax dated October 9,...
High Court accepts challenge to reduction of MEIS benefit
We apprised you regarding Notification No. 30/2015-2020 dated September 1, 2020 which restricted MEIS benefit for exporters to Rs.2 crore per Import-Export Code (‘IEC’) for exports made between September to December 2020. We also highlighted that the amendment is...
Recent changes in GST Law
The Central Government has recently issued multiple Notifications to make several changes in GST law. Vide this update, we have discussed key changes as under: A. Amendment in the Central Goods and Services Tax Act, 2017 (‘CGST Act’) Vide Notification...
