Quvisor’s refresher on Legal updates in India: July 17, 2021

GST: DGFT invites suggestions for New Foreign Trade Policy (2021-26) The Foreign Trade Policy (2015-2020), was extended till 30 September 2021. In order to prepare a new five year Foreign Trade Policy, suggestions/inputs are invited from various stakeholders. CBIC notified exchange rates effective from July 14, 2021The Central Board of Indirect Taxes and Customs has notified...

"Quvisor’s refresher on Legal updates in India: July 17, 2021"Continue reading

Quvisor’s refresher on Legal updates in India: July 03, 2021

GST: HC admits petition against notice issued to reverse ITC on account of non-payment of tax by seller, demand stayed GST : Where GST authority issued notice to reverse input tax credit claimed by assessee-buyer on account of non-payment of tax by seller, writ petition was admitted for hearing and revenue was directed to file reply;...

"Quvisor’s refresher on Legal updates in India: July 03, 2021"Continue reading

Quvisor’s refresher on Legal updates in India: June 26, 2021

GST: Unravelling the concept of ‘Injury’ under Anti-Dumping Law Under Anti-Dumping law, dumping is said to have taken place when an exporter sells a product to India at a price less than the price prevailing in its domestic market. ITC reversal if payment terms are beyond 180 days: A Nightmare during pandemicOne of the pre-requisites...

"Quvisor’s refresher on Legal updates in India: June 26, 2021"Continue reading

Quvisor’s refresher on Legal updates in India: June 17, 2021

GST: Requirement of issuance of show cause notice when only interest not paid under GST In a case where duty, interest and penalty are demanded, without any ambiguity show cause notice (‘SCN’) has to be issued under section 73/74 of the Central Goods and Services Tax, 2017 (‘CGST Act’). Claim of GTA credit can’t be...

"Quvisor’s refresher on Legal updates in India: June 17, 2021"Continue reading

Quvisor’s weekly refresher on Legal updates in India: June 5, 2021

GST: GST on slump sale: An intricacy to look upon Setting up a business undertaking has been a tough row to hoe as it involves multiple compliances and formalities to be undertaken with regard toincorporation and taxation. However, sometimes despite ample efforts, business undertakings may not meet its growth expectations. Govt. releases operational guidelines for the...

"Quvisor’s weekly refresher on Legal updates in India: June 5, 2021"Continue reading

Scroll to top