Government of W.B waives late fee for non-filing on GSTR-4

Government of W.B has clarified that late fee payable in excess of two hundred and fifty rupees shall stand fully waived given for the registered persons who fail to furnish the return in FORM GSTR-4 for the quarters from July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22.

Customs (Waiver of Interest) Third Order, 2023

The CBIC is waiving the interest payable for the period from 14th April, 2023 till the date of removal of such system inability and thereafter up to three days (including holidays), in respect of such goods relating to those Bills of Entry.

Customs (Waiver of Interest) Second Order, 2023

CBIC has waived the whole of interest payable under sub-section (2) of section 47 of the said Act, for the period from 11th April, 2023 up to and including the 13thApril, 2023. This waiver is applied in respect of goods, where the payment of import duty is to be made from the amount available in electronic cash ledger.

Update in AEO application processing for AEO-T2 and T3 on the web-based

The new version (V 3.0) of the web application is designed to ensure continuous, real-time, and digital monitoring of the physically filed AEO-LO applications for timely intervention and expedience. From 1st May, 2023, it will be mandatory for AEO-LO applicants to register on the portal for AEO certification.

Customs (Waiver of Interest) Order, 2023

CBIC has waived the whole of interest payable on failure to pay import duty within the specified time in terms of sub-section (2) of section 47 of the Customs Act, 1962. This waiver will apply for the period from 1st April, 2023 up to and including the 10th April, 2023.

Rajasthan extends Time Limit for Tax Recovery

The Govt. of Rajasthan has issued a notification for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilised. This notification was issued on 1st April, 2023.