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In this pandemic situation across the globe, the department is active in processing the refund applications to help the export community especially the MSME sector to combat the present situation. The next 3-6 months may be the golden period to get refunds expedited. However, at the ground level there are many issues which crop up while uploading the documents and also few clarifications which are restrictive compared to the GST law. In the articles let us discuss the issues and possible...

GST is a tax levied on supply of goods or services or both. The definition of ‘goods’ in the CGST Act, 2017 means every kind of movable property other than money and securities. So, from a small pencil to a huge bulldozer, everything is included in the category of goods. However, in case of food it cannot be considered as goods always. Why is it so?

Before directly getting to the conclusion, we would have to see the history regarding the taxability of food i.e. how food was taxed in...

The canteens are “CLOSED” as of now and the lunch box carried from home are the primary source of food for people who re-joined the office, still the queries related to the canteen remains “OPEN”. The persistence of complexity as to the GST treatment of subject transaction has prompted an attempt to add some clarity.

The facility of canteen is essential for many factories/ plants and that may be due to prevailing law or due to requirements of such industry or terms of employment....

1. Background:

The entire world has been engulfed in tackling COVID-19 and so India. Declaration of COVID as pandemic by WHO has heightened the attention of the world on the serious ramification of the disease. This has also created obligations on the States to undertake necessary preventive and relief measures.

Indian has been proactively tackling this pandemic at the Centre and State level jointly. Union Government has invoked its powers under Epidemic Diseases Act, 1897...

One of the major objectives of GST implementation in India was to ensure the seamless movement of goods and no-check posts in between the states. Further, it was expected that it would put an end to the prolonged road permit system and inspector raj in India.  In order to facilitate the same E-way bill mechanism was introduced.

However, the E-way bill mechanism has proved to be a continuous source of pain for businessmen and transporters where they are subjected to hefty penalties for...

Index:

1.  Delhi HC Ruling: Allows Taxpayers to avail Transitional Credit up to 30.06.2020. 

2.  Delhi HC Ruling: Allowed to rectify the errors in returns of the tax period in which such error pertains to.

3.  Jharkhand HC Ruling: Invoking Section 79 of CGST Act, for recovery of interest without following the adjudication proceedings of Section 73 or 74 of the CGST Act is not permissible.

1. Delhi HC Ruling: Allows Taxpayers to avail Transitional Credit...

Introduction:

It has been nearly 34 months since the implementation of GST in the country. It is undeniable fact that GST law has proven to be the most dynamic law in the country with umpteen number of Notifications, Circulars, Removal of difficulty order, etc. Some did serve the purpose and had aided in ease of business, while some, though never intended to, but ended up creating chaos in the trade and businesses. Many instances can be given to easily arrive at the conclusion that the...

Introduction:

The spread of Corona Virus (COVID-19) has caused immense loss to the lives of people and impacted the trade and industry very badly in an unprecedented manner. The Government has announced various relief measures relating to statutory and regulatory compliance matters across sectors. Under GST, the Government[1] inter alia

• Expediting the processing of refunds to the Exporters
• Deferment of Rule 36(4) for the period February 2020 to August 2020 and cumulative...

Prelude:

The success of GST would depend to a large extent on a robust GST Network as it will be the medium of sharing information between the tax department and tax payers and one of the important aspects of GSTN would be the registration process.

The assessees covered under the present Indirect Taxes regime require multiple registrations and interaction with multiple departments due to multiplicity of taxes. While everyone expected that these problems would be overcome...