April, 2022 – Issue No. III

GST

Erroneous refund in terms of Rule 96(10) – refund granted repaid with interest – ITC to be re-credited – Gujarat High Court.

CUSTOMS
Nil BCD and AIDC imposed on raw cotton –  Ch 5201 upto 30.09.2022.
DGFT

Scrip Transfer Recording Module – Re-activated.

Amendments made in Chapter 5 of the Handbook of Procedures 2015-20, related to Export Promotion Capital Goods Scheme to reduce ‘Compliance Burden’ and enhance ‘Ease of doing Business’.

The Indian Tax Advisors