Search Results for Tag : Transition

News

Madras HC: Time Limit for Availing Transitional Input Tax Credit Under GST Mandatory(21.07.2020)

Madras High Court has ruled that the time limit for availing Transitional Input Tax Credit (ITC) is mandatory in nature, not directory. The Court also.....

Tags : Madras High Court, Time Limit for Availing Transitional Input Tax Credit

CBIC Extends Transitional Provisions of Sea Cargo Manifest & Transhipment Regulations(02.09.2021)

Central Board of Indirect taxes and Customs (CBIC) has notified the extension of transitional provisions of Sea Cargo Manifest & Transhipment Regulati.....

Tags : Central Board of Indirect taxes and Customs, Transitional Provisions of Sea Cargo Manifest & Transhipment Regulations

SC Directs to Open GST Portal for Claiming Transitional Credit for Two Months(22.07.2022)

Supreme Court has directed to open the GST system enabling to claim transitional credit for two months.

Tags : Supreme Court, GST System, Transitional Credit

Gujarat HC Dismisses Review Petition Against Judgment Allowing Transitional Credits(26.02.2020)

Gujarat High Court has dismissed a review petition filed by the revenue department against a judgment wherein an Applicant was allowed to file the dec.....

Tags : Gujarat High Court, Transitional Credits

Madras HC Quashes Notices Denying of Transition of Credit in Respect of TDS(16.03.2021)

Madras High Court has ruled on the Transition of VAT TDS credit into GST ITC wherein it quashed the notices issued by the Commercial Tax Authorities p.....

Tags : Madras High Court, Transition of Credit

Notifications & Circulars

Certain transitional issues arising with respect to payment of service tax after 30th June 2017(28.09.2017)

I am directed to refer to two such issues which have arisen in the above context and to state that these issues have been examined and the following c.....

Tags : Transitional issues, Service tax, Payment

Transition plan to the new GST Return(11.06.2019)

The GST Council in its 31st meeting decided that a new GST return system will be introduced to facilitate taxpayers. In order to ease transition to th.....

Tags : Transition plan, GST Return, Introduction

Measures to achieve energy transition towards clean energy(25.03.2021)

Government of India has set a target for installing 175 GW of Renewable Energy capacity (excluding large hydro) by the end of 2021-22 which includes 1.....

Tags : Measures, Energy transition, Clean energy

Circular regarding voluntary transition of Small Finance Banks to Universal Banks(26.04.2024)

1. This is with reference to Paragraph 14 of the "Guidelines for 'on-tap' Licensing of Small Finance Banks in Private Sector" dated December 5, 2019, .....

Tags : Voluntary transition, Small Finance Banks, Conversion

Roadmap for LIBOR transition(08.07.2021)

1. The Reserve Bank of India had, in August 2020, requested banks to frame a Board-approved plan, outlining an assessment of exposures linked to the L.....

Tags : Roadmap, LIBOR, Transition

Clarification regarding availability of Transitional Credit for GST(17.08.2017)

As per the rules, the Goods and Services Tax (GST) for the month of July 2017 has to be paid by 20th August, 2017. Only after the payment of full GST,.....

Tags : Transitional Credit, GST, Clarification