November, 2021 – Issue No. II

Guidelines for disallowing debit of electronic credit ledger under Rule 86A of the CGST Rules, 2017 issued.
CBDT notifies e-Settlement Scheme, 2021.
Road and Infrastructure cess reduced on petrol and diesel.

31.12.2021 – Last date for filing claim at the Online IT module for Scrip based Schemes – MEIS/SEIS/ROSL/ROSCTL.

In addition to Rashtriya Chemicals & Fertilizers Limited (RCF), Import of Urea is allowed through National Fertilizers Limited (NFL) and Indian Potash Limited (IPL). However, IPL is allowed to import Urea on Government account till 31.03.2022 only. Henceforth, the MMTC and STC are dc-notified as STE for import of Urea.

The Indian Tax Advisors