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 …
The Ministry of Micro, Small and Medium Enterprises has recently issued a Notification dated 1st June, 2020, notifying the criteria for classification of micro, small and medium enterprises. Vide the said Notification, the Government has significantly amended the criteria for an enterprise to be classified as Micro, Small and Medium Enterprises. The announcement for the …
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
JUDICIAL RESPONSE:1. Suo moto cognizance by Hon’ble Supreme Court in WP(C) No. 03/2020 dated 23.03.2020: Under exercise of power conferred under Article 141 and 142, Extension of limitation period in all proceedings irrespective of the limitation prescribes or not under the General or special law whether condonable or not. 2. Suo moto cognizance by NCLAT …
