Cash Credit Account of Assessee cannot be Provisionally Attached in exercise of Powers under GST: Gujarat High Court
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Guidelines w.r.t online application for SCOMET license and post-reporting for export of chemicals under GAEC w.e.f January 19, 2022
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Gujarat High Court has held that goods in transit cannot be confiscated under Central Goods & Services Tax (CGST) Act on grounds of wrong route or under-valuation.
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Healthcare services provided under a membership scheme run by multi-super specialty hospitals to its members and their families were not taxable and will not face goods and services tax, according to a recent tax ruling by Gujarat Authority for Advance Ruling.
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The Central Board of Indirect Taxes & Customs (“CBIC”) has released a copy of Central Goods & Services Tax Rules, 2017 (“CGST Rules”) Part-B (Forms) as updated till January 01, 2022.
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Finance Minister Nirmala Sitharaman, in Union Budget 2021-22, proposed changes vide the Finance Bill, 2021, that amends the Central Goods and Services Tax Act, 2017 with respect to recovery of self-assessed tax
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The Automotive Component Manufacturers Association (ACMA), on Tuesday, stressed the need to ensure a uniform GST rate of 18 per cent on all auto components, in its recommendations to government for the forthcoming Budget.
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The Madras high court has directed the Centre to process the application by a visually impaired man seeking GST concession for purchasing a car.
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A sweet shop manufacturing and selling sweets and namkeen over the counter only will be required to pay Goods & Services Tax (GST) at the rate of 1 per cent provided it is under composition scheme, Karnataka’ Authority for Advance Ruling (KAAR) has said.
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Deciding the goods and services tax rate on fryums papad could be a messy affair with the Appellate Authority for Advance Rulings (AAAR) of Gujarat now ruling that the ready-to-eat product would draw 18 per cent rate.
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The Commissioner (Appeals) has held that the GST Refund not admissible to the extent of non reversal of Input Tax Credit (ITC). The appellant, M/s Stone Craft (India) Pvt Ltd is a 100% exporter and engaged in business of buying.
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BENGALURU: Holding that the sources of power under Articles 246A (pertaining to levy of GST) and 246 are mutually exclusive and could be simultaneously exercised, the Karnataka high court has dismissed a batch of petitions filed by manufacturers of tobacco and tobacco products.
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The government will likely raise allocation under two crucial tax remission schemes for exporters RoDTEP and RoSCTL to as much as Rs 22,000-27,000 crore in the Budget for the next fiscal from about Rs 19,400 crore in FY22, a senior official told FE.
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The Goods and Services Tax Network (“GSTN”) has issued Advisory dated January 08, 2022 regarding new functionality of interest calculator being released in GSTR-3B on GST Portal for Taxpayers.
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The Goods and Services Tax Network (“GSTN”) issued Advisory Dated January 06, 2021 on revamped search HSN Code functionality on GST portal for taxpayers.
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In any tax administration, the provisions for inspection, search, seizure and arrest are provided to protect the interest of revenue department as well as genuine taxpayers and as a restraint for tax evasion.
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Ludhiana: The city’s footwear traders and manufacturers oppose the increase in the GST (goods and services tax) on this item from 5 to 12% since January 1, as they claim that it will cause them to lose sales and gain financial burden.
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Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited
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Accounting rule maker ICAI has asked the government to bring back the audit and certification provisions relating to GST annual returns, saying that doing away with audit will disrupt compliance.
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he Goods and Service Tax Network (GSTN) has enabled new functionalities available for Taxpayers on the GST Portal.
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The officers of Thane CGST Commissionerate of Mumbai Zone have busted a fake Input Tax Credit racket involving GST of Rs 22 Crores. Acting on a tip-off from Central Intelligence Unit, Mumbai CGST Zone
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