ITC cannot be blocked when no order is issued u/s 74 of the CGST Act or Rule 86A of the CGST Rules
The Hon’ble Telangana High Court in the case of M/s. A.S.E. India v. Union of India [Writ Petition No. 4756 […]
GST Law, Important Pronouncements
GST Recent News
Online gaming company Playerzpot gets relief from Bombay HC against GST notice
The Bombay High Court on December 6 directed the adjudicating officer of the Goods and Services Tax (GST) department not
GST Recent News
Betting, online gaming take center stage: Maharashtra unveils bold GST move in amendment bill
Maharashtra Deputy Chief Minister Ajit Pawar introduced a significant amendment bill in the Assembly on Thursday. The proposed amendment aims
Advance Ruling-New, GST Law
GST not leviable on sale of unbranded/non packaged Broken Rice
The AAR, West Bengal, in the case of In Re: Tamal Kundu [WBAAR 18 of 2023 dated September 13, 2023], held
GST Recent News
Govt detecting increasing amounts of GST evasion each year, but recoveries are falling short
The government has detected an increasing amount of Goods and Services Tax being evaded each year, but recoveries have not
GST Recent News
State GST department detects tax evasion in excess of ₹ 100 crore
The State Goods and Services Tax (GST) department has detected tax evasion in excess of ₹100 crore at a Thrissur-based
CBIC, Press Release, Press Release
India-Korea Electronic Origin Data Exchange System (EODES) for faster clearance of imported goods launched
Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), launched the India-Korea Electronic Origin
News, RBI, RBI
RBI MPC Meeting: Repo rate unchanged, growth forecast raised, Enhanced UPI transaction limit; 7 key highlights of December policy meeting
The Reserve Bank of India (RBI) refrained from surprising the market as on expected lines it kept policy rates and stance unchanged
GST Law, Important Pronouncements
Reasonable time period is 30 days for filing reply to the Show Cause Notice u/s 73 of the CGST Act
The Hon’ble Madhya Pradesh High Court in the case of M/s. Raymond Ltd. v. Union of India [WP No. 26693
DGFT, Notification And Circular, Notification and Circular
DGFT amends Onion Export Policy; HS Code 0703 10 19 has been revised from ‘Free’ to ‘Prohibited’ till March 31, 2024
The DGFT vide Notification No. 49/2023 dated December 7, 2023, has amended the export policy for onions. Specifically, the HS