THE MANNER OF ISSUANCE OF DUTY CREDIT SCRIPS FOR RODTEP A SNAPSHOT OF NOTIFICATION NO. 76/2021 AND NO. 75/2021 DATED 23.09.2021

September 24, 2021
admin
No Comments

BACKGROUND The RoDTEP scheme, was announced and implemented from January 1st, 2021, and required the exporters opting for the Scheme, to mention so in their shipping bills. The rates applicable and the guidelines for RoDTEP were notified on 17th August 2021 vide Notification No. 19/2015-2020 dated 17.08.2021. The Ministry of…

September 23, 2021
admin
No Comments

GST was implemented on 1 July 2017 and has been undergoing constant changes. The authorities are constantly striving to simply the law to enable ease of doing business in India and to clarify any ambiguity that pertains in the legislations. The GST council recently held a meeting on 17th September…

September 21, 2021
admin
No Comments

BACKGROUND The issue of “intermediary” in GST has been quite vexating for the last few years. While by and large the Service tax provisions were brought into the GST ecosystem, the Revenue authorities sought to issue Show Cause notices and challenge the position of an export as that of an…

September 14, 2021
admin
No Comments

BACKGROUND Inverted duty structure refers to a situation where a registered person procures Inputs and Input services at a higher tax rate and undertakes outward supply of the same at a lower tax rate which leads to accumulation of unutilized credit in their electronic credit ledger. The matter that is…

Month: September 2021

THE MANNER OF ISSUANCE OF DUTY CREDIT SCRIPS FOR RODTEP A SNAPSHOT OF NOTIFICATION NO. 76/2021 AND NO. 75/2021 DATED 23.09.2021

A SNAPSHOT OF CLARIFICATIONS MADE IN CIRCULAR NO. 160/15/2021-GST DATED 20TH SEPTEMBER 2021

THE SAGA OF INTERMEDIARIES- A CLOSURE OR A BEGINNING OF ANOTHER PANDORAS BOX – A SNAPSHOT OF CIRCULAR NO. 159/15/2021-GST DATED 20TH SETEMBER 2021

SYNOPSIS OF SUPREME COURT JUDGEMENT ON INVERTED DUTY STRUCTURE IN THE CASE OF QUARRY OWNERS’ ASSOCIATION & OTHRS

Links