Weekly Update – 2
1.Circular / Instructions / Notifications – Goods and Service Tax (GST) – Directorate General of Foreign Trade (DGFT) 2. Judicial Pronouncement – Goods and Service Tax (GST) – Service Tax / Central Excise / VAT
What is the company required to do with the entire unspent amount for the in the financial year ended 31st March, 2022?
Company shall deal with the unspent amount in the following manner
Equalisation levy an overview with due date
Applicability: Assessee liable to pay the levy
Annual Performance Report (APR)
Notice under section 143(2) is issued by the National Facesless Assessment Centre (NaFAC), informing the assessee, that the return of income for the stated year has been selected for scrutiny assessment.
Notifications to give the effect of the Recommendation of 47th GST COUNCIL MEETING
Series of Notification has been issued on 05.07.2022 by CBIC to give effect to some of the recommendations of the 47th GST Council Meeting held on 29th and 30th June 2022.The nuclei of the same are provided herein below.
Safe Harbour Rules
Who are eligible for apply for safe harbour rules?
Circulars to give the effect of the Recommendation of 47th GST COUNCIL MEETING
CBIC’s policy wing has issued various circulars pursuant to the 47th GST Council meeting. We at Annveshan have made an attempt to provide the gist of circulars in a lucid manner.