Important Judgement of the week
• HC, Kerala: Allowed to upload TRAN-1 despite failure to log into system on or before prescribed cutoff date
Notifications, Circulars, etc.
• CBIC Implements Automated Clearance Facility w.r.t Imports
• CBIC Revises Duty Drawback Rates
• DGFT requests data submission for suggestion of appropriate HS codes under ‘others’ category
Important Press Release
• Government Committed to Support MSME Sector
• Monthly Review of Accounts of Union Government of India for Dec 2019 for the F.Y 2019-20
• ₹ 1,10,828 crore GST Gross Revenue collected for January, 2020
Important Updates
• CBIC has extended the Due Date for GST Annual Return i.e. GSTR-9 and Reconciliation Statement i.e.
GSTR-9C for FY 2017-18
• GSTN has enabled an option to file Refund Pre-Application Form
• Compliance Calendar for the month of February 2020
Union Budget 2020-21
• Section-wise Analyses of Union Budget 2020: GST, Customs, Central Excise & Highlights of Income Tax and Aspirational India, Economic Development, Caring Society
Source: a2ztaxcorp.com
