India Puts 10% Tax on Import of Polybutadiene Rubber from South Korea
India on Monday imposed 10 percent import tax on polybutadiene rubber sourced from South Korea in an attempt to support […]
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Advance Ruling-New, GST Recent News
GST on maintenance is valid: AAR to south Mumbai society
In a setback to a Nariman Point cooperative housing society (CHS), the GST-Authority for Advance Rulings, Maharashtra, has held that
Press Release, Press Release
Hon’ble FM Reviews implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance & Corporate Affairs
Hon’ble Prime Minister Shri Narendra Modi on May 12th, 2020, announced the Special economic and comprehensive package of Rs. 20
GST Recent News, News
After recovering to half of normal, states’ tax revenue plateaus
The own tax revenues (OTRs) of many state governments rose significantly in June from May, but were still in the
Advance Ruling-New, GST Recent News
GST NAA finds Gaursons Realtech guilty of profiteering Rs 19.72 crore
The GST anti-profiteering authority has found Ghaziabad-based Gaursons Realtech guilty of not passing on lower tax rate benefits worth Rs 19.72 crore
Press Release, Press Release
CBDT provides Utility to ascertain TDS Applicability Rates on Cash Withdrawals
The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they can ascertain the
GST Recent News, News
Sanitizers reclassified as ‘disinfectants’ to attract 18 percent GST
Laghu Udyog Bharti’s (LUB) Pharma Committee have alleged that the Department of Goods and Services classifying alcohol-based hand sanitizers as ‘disinfectants’
GST Recent News, News
Punjab Mandi Board blacklists supplier for GST fraud
A Jalandhar supplier of stationery and printing material to the Punjab Mandi Board has been blacklisted and a penalty of
Advance Ruling-New, GST Recent News
Hyderabad-based company held guilty of GST profiteering on movie tickets
In one of its first rulings in the entertainment sector, the National Anti-profiteering Authority (NAA) under the GST regime has
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From textiles to furniture, 350 items may face non-tariff barriers
The government is considering import restrictions on more than 350 items, including electronic goods, toys, furniture, and textiles, by putting