Non-residents undertaking transactions with Indian parties will trigger taxability under the domestic law in India even if they do not have physical presence in the country and operate digitised businesses.   The Central Board of Direct Taxes has notified new rules for operation of...
  • In an attempt to speed up clearances of goods received free of cost for distribution for Covid relief, Finance Minister Nirmala Sitharaman on Monday undertook a quick follow up action by briefing the chief secretaries of the states on the order on IGST exemption.   The Centre on...
  • As the Covid crisis and the resultant lockdowns impact business, the Centre has come up with several relaxations regarding timelines for GST compliance norms.   Among the relaxations, the government has extended the deadline for filing GST returns, and reduced the interest and late...
  • After receiving several representations from taxpayers, tax consultants and other stakeholders and to address the hardship being faced by various stakeholders, the Indian government has decided to extend the time limits to 30 June 2021 in certain cases where the deadline was earlier extended...
  • The government has provided relief to GST taxpayers from a physical visit to tax office for verification of digital signature required on return forms.   The Central Board of Indirect Taxes and Customs has allowed taxpayers to file return forms GSTR-1 and GSTR 3B through an electronic...
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