Table of Contents Difference Between Director & Additional DirectorDirectorAdditional DirectorDirector Versus Additional DirectorRead the Copy: Difference Between Director & Additional Director Director As per Section 2 (34) of the Act prescribed that “director” means a director appointed to the Board of a company. As
Interest on delayed payment of GST: CBIC The Central Board of Indirect Taxes & Customs (CBIC) today clarified that the Notification No. 63/2020- Central Tax dated 25th August 2020 relating to interest on delayed payment of GST has been issued prospectively due to certain technical
Notification No. 63/2020 – Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 63/2020 – Central Tax New
Table of Contents W.P.(C) NO.13190 OF 2020Case Covered:Order:Read the Copy: W.P.(C) NO.13190 OF 2020 Case Covered: Prasanna Kumar Bisoi Versus Union of India Order: 21.08.2020 BP Heard learned counsel for the petitioner and Mr.T.K.Satpathy, learned counsel for Central Excise. 2. The grievance of the petitioner
Table of Contents जीएसटी ब्याज का प्रावधान – एक गंभीर विषयजीएसटी की एक और विवादास्पद अधिसूचना जारीकॉपी पढ़ें: जीएसटी ब्याज का प्रावधान – एक गंभीर विषय जीएसटी की एक और विवादास्पद अधिसूचना जारी जीएसटी की एक और विवादास्पद अधिसूचना संख्या 63 /2020 दिनांक 25 अगस्त
Circular No. 38/2020-Customs To, All Chief Commissioners of Customs/Customs (Prev.) All Chief Commissioners of GST All Chief Commissioners of GST and Customs All Directors General under CBIC Sir/Madam, Subject: Guidelines regarding implementation of section 28DA of the Customs Act, 1962 and CAROTAR, 2020 in respect
Table of Contents Interest on Net Tax Liability – Prospective or Retrospective?Interest provisions and Brief HistoryGrounds for retrospective implicationsOther Defenses against gross tax liability Interest on Net Tax Liability – Prospective or Retrospective? Interest provisions and Brief History ➢ Interest is on failure to pay
GST interest to be levied on the net After a long journey of confusion. It is clarified that the charge of GST interest is on net liability. Notification no. 63/2020 issued in this regard. But in that notification, the date to notify the proviso to
APPELLANT: DCIT Central Circle 2 (2), Bengaluru RESPONDENT : M/s Cornerstone Property Investment (P) Ltd. Table of Contents FACTS OF THE CASE: ITAT ORDER:CRUX: FACTS OF THE CASE: Appeal has been filed by the revenue against the order to CIT(A) for the following two issues: Whether
Table of Contents Tax Authorities can’t give interpretations to legislative provisions on the basis of their own perception of trade practices: SCSynopsis of JudgmentOther PointsInterpretation of Section Our Views Section 3 of the Central Sales Tax Act, 1956 Section 6 Central Sales Tax Act, 1956 Read
