News Update

Next GST Council meeting scheduled for July 25 through video conferenceUN Chief invites world leaders for Climate Change Summit in New York on Sept 23, 2019India suffers negative FDI inflows from USA as Indians spend over USD 8 bn on children’s education last fiscalSmuggling of cigarette & tobacco products takes a leap by 159% in 2018-19: FICCIe-postal ballots recorded over 60% turnout during last polls: ECICBIC capital expenditure reduced but Palghar CGST Commissionerate gets Rs 33 Cr for constructing Division & Range OfficesUDAN - 8 more routes, including Kolkata & Shillong, become operationalPresident appoints Governors for 6 StatesVeteran Congress leader Sheela Dixit dies of cardiac arrest; Govt declares two-day mourning in DelhiST - Submission that even without declaration as stipulated in notf. 32/2004-ST, assessee was entitled to such exemption, is oversimplifying or glossing over conditions itself, which cannot be permitted: HCST - As at time of taking credit, there was no existence of any exempted service, therefore, there is no application of Rule 6 of CCR: HCGovt amends several savings schemes in relation to time periodApparel export up by 2% between 2014-19Mandatory pre-deposit for filing of tax appeals: recent SC decisionLok Sabha passes Human Rights Bill to make it more efficientImplications of GSTR-3B not being a returnST - Refund of tax paid for input services used in authorized operations of SEZ where such services were approved by Approval Committee: CESTATFASTags at toll Plazas to be operational by December: GovtClaim for depreciation can be allowed even if it may not feature in returns or in the revised returns filed by assessee: HCGovt tables Bill to amend RTI ActIRS officer Shashank Priya appointed as Addl Secretary & Financial Advisor in Ministry of CommercePost sale discounts (PSD) - Plethora of possible litigation


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