Much Awaited Functionality in Relation to Debit Note and Credit Note Deployed on the GSTN Portal

The GSTN has finally deployed the updated functionality in relation to the issuance of a debit note and a credit note against multiple invoices on the Portal. As per the new functionality, details of original invoice(s) number are not required to be mentioned while reporting the Debit/Credit Note. A brief look into the significant role …

Hon’ble High Court of Punjab & Haryana directed the Jurisdictional Authorities to consider the plea of the petitioner regarding the interest on delayed payment of refund

The “Punjab & Haryana High Court” in the case of Vinyl Tubes Pvt. Limited v. Union of India CWP No. 9863 of 2020, during hearing of the case, took notice that refunds in case of zero rated supplies are being delayed in number of cases for a considerable period of time; and when granted on …

AIFTP (NZ) Webinar on Input Tax Credit

AIFTP (NZ) is inviting you to a scheduled Zoom meeting. A programme that will immensely benefit young professionals/ beginners / staff engaged in GST work in the offices of senior professionals, Trade & Industry and upgrade their knowledge on the subject. Day 6:  Monday, 14th September, 2020 Time: 6.00 PM to 8.00 PM: Topics: –        Input Tax Credit – …

“Came Late but Came Correct”:- GSTN Portal finally removes restriction and allows filing of refund application spread across different financial years

The GSTN portal has finally removed the artificial restriction which was not allowing to file the refund application spread across different financial years. The unreasonable restriction as existed in the GSTN portal since it’s incorporation had been causing grave hardship to assessees whose huge amounts of refunds were stuck only because their refunds periods were …

Professional Opportunities in IBC in current scenario – Issues, Challenges and unanswered Questions

BVSS IBC Group organized a Panel Discussion with Questions and answers on Topic: Professional Opportunities in IBC in current scenario – Issues, Challenges and unanswered Questions Panelists: Advocate (CS) G.P. Madaan, Corporate Lawyer and Advisor IBC Group Advocate (CA) Puneet Agrawal, Managing Partner, ALA Legal & Convenor IBC Group CA Manoj Anand, Insolvency Professional & …