Fate of export incentive schemes –SEIS, MEIS and RoDTEP In the past, the Government had been focusing on export promotion to improve foreign trade. To foster the same, Ministry of Commerce and Industry introduces Foreign Trade Policy (‘FTP’) every five years. The...
NITYA Weekly Roundup | September 2020 | Week 2 Please click below for NITYA Weekly Roundup | September 2020 | Week 2 (Writs, Advance Ruling and Appellate Authority) covering the decisions for the week ending September 11, 2020 for your kind perusal. NITYA Weekly...
Additional FAQs on E-Invoicing Frequently Asked Questions (‘FAQs) dated August 5, 2020 released by the National Informatics Centre on E-Invoicing. Recently, new FAQs dated September 7, 2020 have been released on E-Invoicing. Some noteworthy points are as follows: In...
SOP for GST officers to be followed during investigation and audit The Central Board of Indirect Taxes and Customs (‘CBIC’) has issued GST Ready Reckoner on August 1, 2020. This document captures roles, responsibilities and duties of GST officers like Superintendents,...
Tale of Transitional Credits: A disjunct between Legislature and Courts 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 47 – “Tale of...
Restriction on MEIS benefits amenable to challenge before Constitutional Courts In our earlier update, we apprised you regarding recent Notification capping benefit under Merchandise Exports from India Scheme (‘MEIS’) to Rs.2 crore per Import-Export Code (‘IEC’) for...
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