Cumulative adjustment of restricted ITC of April & May, 2021
Restricted credit of 5% ITC availed, in respect of document details not furnished by suppliers in GSTR-1, can be applied cumulatively for April...
Read moreExtension of date of compliances of certain matters/issues
Date of compliance has been extended in respect of completion of any proceeding or passing of any order or issuance of any notice, intimation...
Read moreIn respect of MEIS claim, a relaxation in the late cut provisions has been provided in respect of Shipping Bills of the period 01.04.2019 to 31.03.2020, if the said Shipping Bills are submitted on or before 30.09.2021.
Vide Public Notice No. 53/2015-2020 dated 09.04.2021, a provision has been inserted in the Hand Book of Procedures (HBP) that MEIS application for...
Read moreValidity of the Foreign Trade Policy (FTP) 2015-2020 has been extended from 31.03.2021 to 30.09.2021
The Foreign Trade Policy (FTP) 2015-2020 was valid till 31.03.2021. Now the same has been extended till 30.09.2021 as notified vide Notification...
Read moreValidity of the Hand Book of Procedures (HBP) 2015-2020 has been extended from 31.03.2021 to 30.09.2021
The Hand Book of Procedures (HBP) 2015-2020 was valid till 31.03.2021. Now the same has been extended till 30.09.2021 as notified vide Public...
Read moreExemption from Integrated Tax and Compensation Cess on goods imported against AA/EPCG authorizations extended up to 31.03.2022
Exemption from IGST and Compensation Cess was available on goods imported against Advance Authorisation (AA) / Export Promotion of Capital Goods...
Read moreNo fee or charges for updating the IEC annually between April to June each year
The IEC has to be updated mandatorily annually during April to June every year. It is now clarified vide Public Notice No. 49/2015-2020 dated...
Read moreProvision of online filing of requests for closure of Advance Authorisation has been made in the DGFT system.
Vide Trade Notice No. 49/2020-21 dated 30.03.2021, a provision has been made in the DGFT system for online filing of requests for closure of...
Read moreExemption from IGST and Compensation Cess to EOUs on imports extended till 31.03.2022
Exemption from IGST and Compensation Cess was available to EOUs till 31.03.2021 in respect of imports. The said exemption has extended till...
Read moreThe due date for filing the Annual Return/Reconciliation Statement extended to 31.12.20.
The due date for filing Annual Return in Form GSTR-9 and Reconciliation Statement in Form GSTR-9C for the financial year 18-19 is extended from...
Read moreTime limit for furnishing of the annual return (GSTR-9 & 9C) for the financial year 2018-2019 extended till the 30.09.2020.
Time limit for furnishing of the annual return (GSTR-9 & 9C) for the financial year 2018-2019 has been extended till the 30th September...
Read moreExtension of validity of e-way bills till 31.05.2020.
It may be recalled that it was earlier provided that where an e-way bill has been generated and its period of validity expires during the period...
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