New Gujarat Industrial Policy 2020 Vide this update, we wish to apprise key features of the New Gujarat Industrial Policy 2020 which intends to make Gujarat ‘The Business Card of India’. The Policy focuses to promote MSMEs with added focus on certain ‘Thrust Sectors’....
NITYA Weekly Roundup | September 2020 | Week 3 Please find attached NITYA Weekly Roundup | September 2020 | Week 3 (Writs and Advance Ruling) covering the decisions for the week ending September 18, 2020 for your kind perusal. NITYA Weekly Roundup I September 2020 I...
Issuance of single Credit / Debit Note against one or more tax invoices This is to apprise you regarding recent updation on GST portal for delinking of Credit / Debit Note with original tax invoice. Resultantly, taxpayers can now issue single Credit / Debit Note for...
CAROTAR 2020 – The New Normal for Preferential Tariff Claims NITYA Tax Associates is proud to present their recent write-up in the ‘Article’ series on trending indirect tax issues. A gist of the next article in the series is as under: Article 48 – “CAROTAR 2020...
CBIC instructs field formations to recover interest on net (cash) GST liability We apprised you regarding amendment made under Section 50 of the Central Goods & Services Tax Act, 2017 (‘CGST Act’) for recovery of interest only on net (cash) GST liability. The...
New format for bill of entry in compliance with CAROTAR 2020 We shared our detailed update on Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020 (‘CAROTAR 2020’) which comes into effect from September 21, 2020. In this, we updated you...
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