Update on Revival Interest Benefit Scheme for existing MSME industrial units located in Haryana Considering COVID-19 situation, the Department of Industries and Commerce, Haryana (‘DIC’) has announced the Revival Interest Benefit Scheme for existing Micro Small and...
Judgement Update | Delhi High Court extends time limit to 3 years (June 30, 2020) for carry forward of transitional credit This is to apprise you on recent decision of the Delhi High Court in case of Brand Equity Treaties Limited v. UOI, 2020-VIL-196-DEL. In this...
Contractual obligations vis-à-vis Indirect Taxes: An unaccomplished legislative agenda 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:...
Judgment Update | Doctrine of Promissory Estoppel not applicable against Central Government on reduction of area-based excise duty exemption This is to apprise you regarding recent decision of Larger Bench (3 members) of Supreme Court in the case of UOI v. V.V.F...
AAR Update | GST on incomes of Director and Partner This is to apprise you on a recent decision of Authority for Advance Ruling, Karnataka (‘AAR’) in the case of Anil Kumar Agrawal, 2020-VIL-118-AAR. The Applicant sought ruling on includability of the following...
Repeal and Savings clause under GST – A ‘customary’ battle of writs! 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 40 – “Repeal and...
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