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Central Excise: Method of valuation - requirement to print MRP - Once the goods are specified by the Central Government in the Notification issued under Sub-Section (1) of Section 4A of Central Excise Act, 1944, the provisions of Section 4 of Central Excise Act, 1944 are not operational in respect of such goods

VAT: Validity of Higher Rate of tax on Rectified Spirit - It cannot be said that the differential rate of tax made by the State is perverse. Specific reasons have been assigned as to why the tax on rectified spirit is at much higher rate than that of ethyl alcohol.

VAT: Rate of tax - Tendu leaves - There is serious error of interpretation has been committed by the learned Single Judge by treating the Tendu leaves as a minor forest produce to allow benefit of reduced rate of tax at 5% when the said Schedule in VAT Act still stands and the incidence of tax shown therein is 25%

GST: Relief for tax payment made, as CGST and SGST instead of IGST, for supply of warehoused goods while being deposited in a customs bonded warehouse for the period July, 2017 to March, 2018

GST: Failure to mention Place of Supply in the tax Invoice, in compliance of rule 46(n) of the CGST Rules, 2017, in case of inter- State supply, may attract penalty u/s 122 and 125

GST: Failure to mention details of inter-State supplies made to unregistered persons in FORM GSTR-3B and FORM GSTR-1 may attract penalty u/s 125

GST: Input tax credit (ITC) - The warehouse being constructed is immovable property. The input tax credit is, therefore, not admissible on the inward supplies for construction of the said warehouse, as the credit of such tax is blocked under section 17(5)(d) of the GST Act.

GST: Supply of goods after printing the Syllabus decided by the SCERT - supply of goods is involved i.e. 'supply of specified printed educational books', which is the principal supply and accordingly we come to the considered conclusion that the said supply merits being treated as "printed books"

GST: Classification of goods - Sprayers made of Plastics - Sprayers are correctly classifiable under the HSN Code 84244100 - rate of tax is 18%

GST: Classification of goods - Broom Stick made of plastics - the correct classification of the Plastic Broom-Stick is under heading 96032900 and classifiable as “Others” - taxable @5%

More Highlights


FTP - Export Policy of Red Sanders wood exclusively sourced from cultivation origin obtained from private land (including Pattaland)

Cus (NT) - Amendment in notification No. 95/2018-Cus (N.T.) dated 06.12.2018 relating to AIRs of Duty Drawback

Cus - Seeks to insert tariff item 9806 00 00 in chapter 98 of the First schedule to Customs tariff act, 1975 to impose basic customs duty of 200% on all goods originating in or exported from Pakistan.

Cus (NT) - Exchange Rates Notification No.11/2019-Custom(NT) dated 15.02.2019

Cus (NT) - Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

PMLA - Prevention of Money-laundering (Maintenance of Records) Amendment Rules, 2019

ADD - Seeks to rescind notification No. 11/2013- Customs (ADD), dated the 16th May, 2013

ADD - Seeks to amend notification No. 35/2018-Customs(ADD) dated 9th July, 2018 to amend the name of exporters at S. Nos. 1 and 2 of the duty table

ADD - Seeks to amend notification No. 52/2017- Customs (ADD) dated 24.10.2017

ADD - Seeks to amend notification No. 61/2015-Customs (ADD) dated 11.12.2015

IBC - Insolvency and Bankruptcy Board of India (Medical Facility to Chairperson and Whole-time Members) Scheme, 2019

Co. Law - Companies (Significant Beneficial Owners) Amendment Rules, 2019

CGST - Seeks to extend the due date for furnishing of FORM GSTR – 7 for the month of January, 2019 till 28.02.2019

Cus (NT) - Exchange Rates Notification No.09/2019-Custom(NT) dated 07.02.2019

ADD - Seeks to impose definitive anti-dumping duty on imports of "Non-Plasticized Industrial Grade Nitrocellulose Damped in Isopropyl Alcohol having Nitrogen content in the range of 10.7% to 12.2%" originating in or exported from Brazil, Indonesia and Thailand

More Notifications

Circulars/ Public Notices

GST - Clarification regarding tax payment made for supply of warehoused goods while being deposited in a customs bonded warehouse for the period July, 2017 to March, 2018

GST - Compliance of rule 46(n) of the CGST Rules, 2017 while issuing invoices in case of inter- State supply

GST - Mentioning details of inter-State supplies made to unregistered persons in Table 3.2 of FORM GSTR-3B and Table 7B of FORM GSTR-1

DGFT - Export Policy of Red Sanders wood exclusively sourced from cultivation origin obtained from private land (including Pattaland) — Procedure to obtain export license

SEBI - Advisory Committee at Market Infrastructure Institutions (MIIs)

Indian Laws - ICAI's announcement regarding clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act, 2013

FEMA - Investment by Foreign Portfolio Investors (FPI) in Debt

DGFT - Discontinuation of physical copy of Advance /EPCG Authorisations issued from 01.03.2019 onwards, for EDI ports

DGFT - Amendment in Standard Input - Output Norms (SION) at S. No. E-92 for export product "Groundnut Kernels"

SEBI - Framework for utilization of Financial Security Deposit (FSD) available with Clearing Corporations and WDRA

DGFT - Online Module for Filing & Tracking Quality Complaints/Trade Disputes relating to International Trade

SEBI - Physical settlement of stock derivatives

Income Tax - CORRIGENDUM TO CIRCULAR NO.1 OF 2019 DATED 01.01.2019

DGFT - Uploading of Adjudication & Appellate Orders on the DGFT website

SEBI - Format for annual secretarial audit report and annual secretarial compliance report for listed entities and their material subsidiaries

More Circulars

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