Team ALA Legal Archive
The issue pertaining to Director Remuneration has been examined by the CBIC and they have clarified the position vide Circular No: 140/10/2020 – GST dated 10.06.2020 in line with our opinion. The Circular is attached here for your ease of reference. Directors who are not employees of the Company e.g. Independent Directors Remuneration paid to …
Recently GST Council has recommended few reliefs for small tax payers, waived/ reduced the penalty for non-filers of GSTR-3B, extend the benefit to apply revocation of cancellation of registration and also recommended to bring into effect certain proposed amendments of CGST & IGST Act w.e.f. 30.06.2020. We shall further update you once these changes will …
PHD Chamber of Commerce & Industry is organizing a Webinar on Ramifications and Reliefs in GST in Lockdown Period covering decisions taken in the 40th GST Council Meeting. Date and Time: 20th June, 2020 (Saturday) from 11:00 AM to 02:30PM. Eminent Speakers: Mr. N K Gupta Chairman (Indirect Taxes Committee) Mr. Bimal Jain Mentor (Indirect …
On 14th June, 2020, the GST & Indirect Taxes Committee of the Institute of Chartered Accountants of India organized live webcast on the topic: “GST on Construction, Joint Development & Works Contracts” By Adv. Puneet Agrawal, Partner, ALA Legal In case you could not attend the live webcast on GST on Construction, Joint Development & …
On 14th June, 2020, Institute of Chartered Accountants of India will host live webcast on the topic: “GST on Construction, Joint Development & Works Contracts” Time: From 11:00 am to 02:00 pm Panelist Session 1 GST on Construction, Joint Development : CA. S Venkataramani Session 2 GST on Works Contracts : CA. Puneet Agrawal Webcast …
Recently Delhi HC held Rule 117 (1A) of CGST Rules as arbitrary, vague, and unreasonable. It was further held that timeline prescribed in CGST Rules is not sacrosanct Considering that no time limit is prescribed in CGST Act, Delhi HC held that transitional credit can be claimed up to 30.06.2020 (i.e. within 3 years from …
The Hon’ble Delhi High Court in a landmark judgment in the matter of Brand Equity Treaties Limited W.P.(C) 11040/2018, has permitted that GST TRAN-1 can be filed upto 30.06.2020 by all the assesses registered under GST to carry forward/avail their transitional credit. The Court has directed the Government to open the GSTN portal so as …
A Seminar was conducted by NIRC of ICAI on – “Challenges in commercial Contracts – Force Majeure, Indian & International Scenario and the learning” The following Topics were covered: – law on the subject – international response to the challenge – model contract clause suggested by International Chamber of Commerce – sample clauses in Power …
In depth research based discussion on sale of land and sale of building under GST. Discussion on: (i) Constitutional aspects (ii) Deliberation by GST Council (iii) Origin/position in VAT and Service Tax Regime, and in GST Regime (iv) issues under GST. By: Adv. Puneet Agrawal
