Team Bizsol

Customs: The labels on imported food consignments which are found to be non-compliant by laboratory during analysis, the importer may rectify the label and the concerned AO shall verify the compliance and issue the No Objection Certificate for the said consignment. [Instruction No. 09/2023-Customs Dated: 7th March, 2023]

Customs: Government started Implementation of origin procedures under India-Australia ECTA. [Instruction No. 10/2023- Customs | Dated the 10th March, 2023]

RBI: Govt notifies court in Assam under Prevention of Money-laundering Act, 2002. [Notification F. No. C-18015/44/2022-Ad.ED dated 3rd March, 2023]

GST High Court of Orissa held that in case of Cancellation of GST registration by Departmental officer the fraud committed by the selling dealer cannot be ground for cancellation of GST registration of purchasing dealer more so when involvement of purchasing dealer in availing wrongful ITC was not established.

Income Tax ITAT Kolkata dismissed the appeal filed after the limitation period and held that Condonation is not granted on unreasonable explanation of non-availability of tax consultant without any substantive proof.

GST Delhi High Court held that for limitation period calculation for GST Refund Application the period from 01.03.2020 to 28.02.2022 not includible and shall be excluded. Central Excise CESTAT Ahmedabad held that Classification of Service cannot be disputed at the recipient End.

GST: GSTN launches e-invoice registration services with private IRPs. [Press release dated 4th March 2023]

Customs: CBIC discontinue specified TRQ rate after 31st March 2023. Notification No. 15/2023-Customs Dated: 3rd March, 2023

Customs: CBIC reduces BCD on Tur Whole to Nil. Notification No. 16/2023-Customs | Dated: 3rd March, 2023

Customs: Requirement of Health Certificate to be accompanied with import of food consignments deffered. Instruction No. 08/2023-Customs | Dated March 3rd, 2023

Central Excise: CBIC increases SAED on production of Petroleum Crude & reduces SAED on export of Aviation turbine. Notification  No. 10/2023-Central Excise Dated: 03rd March, 2023

Central Excise: CBIC reduces Special Additional Excise Duty on Diesel to Rs. 0.50 per litre. Notification No. 11/2023-Central Excise Dated: 03rd March, 2023

Excise: CBIC reduces Road and Infrastructure Cess on Diesel to NIL. [Notification No. 12/2023-Central Excise Dated: 03rd March, 2023]

GST In the GST regime, taxpayers are required to file the appeal electronically on the GST portal and thereafter within 7 days from the date of filing the appeal online, they are required to submit the physically copy of the appeal set. Recently Appellate Authority rejected an appeal of taxpayer who submitted the physically copy …

Judicial Corner ( 10.03.2023) Read More »

Trademark Hon’ble High Court directs that ‘Likelihood of confusion’ cannot to be easily presumed and nature of goods and class of their purchasers has to be borne in mind

GST High Court of Madras held that Summons issued by the CGST officer while proceedings have been initiated by SGST officer would be impermissible if subject matter is same. High Court of Rajasthan directed to set aside the order imposing interest on delayed payment of tax as it suffered from vice of non-application of mind …

Judicial Corner (08.03.2023) Read More »

GST High Court of Gujarat ordered that the Cancellation of GST registration without any determination of the amount which is to be paid by the taxpayer is unsustainable in law and such order to be set aside. High Court of Orissa held that Rectification of GSTR1 beyond the deadline is permitted as there is no …

Judicial Corner (04.03.2023) Read More »

DGFT: Government has discontinued Tariff Rate Quota for Import of Crude Sunflower Seed Oil w.e.f. 01.04.2023. [Public Notice No. 60/2015-20-DGFT Dated: 1st March, 2023]

GST: Government notified Standard operating Procedure (SOP) for Cancellation of Registration and for Repository of Non-genuine Taxpayers. [Circular No.F.3(479)GST/Policy/2023/346 Dated: 01.03.2023]

Customs: Government notifies list of 122 Booking Post Offices to accept consignments for export. [Circular No. 06/2023-Customs Dated 01 March, 2023]