National auditor lists concerns; says full potential not achieved even after 2 years
Even as GST rollout completed two years, no process of system-validated input tax credit (ITC) system through invoice matching has […]
GST Recent News, News
Important Pronouncements
Allahabad HC direct AO to allow assessee to make fresh application of GST TRAN-1 which was rejected
Facts: M/s. Shunty Bunty Automobiles (P.) Ltd. (“the Petitioner”) had applied manually before Competent Authority/Adjudicating Authority for processing of Form
GST Recent News, News
Auditor takes 2 GST payers for a ride
The commissionerate of GST and central excise here has identified two incidents of fraudulent activities in Pollachi involving an auditor.
GST Recent News, News
Plea to reduce GST on catering services
The Tirupati Chamber of Commerce (TCC) president, A. Manjunath, on Sunday said that the hotel industry suffered a severe blow due to
Advance Ruling-New
GST is leviable on subscription received by National Institute of Bank Management by RBI and PSBs: AAR, Maharashtra
The Hon’ble AAR of Maharashtra holds that the consideration paid as subscription or contribution towards recurring or capital expenses or
Advance Ruling-New
Marketing and handholding services to consultant manager in US constitutes ‘intermediary services’
Facts: Mr. Mayank Jain (“the Applicant”) is an individual exploring business opportunity in providing marketing and advisory services in relation
GST Recent News, News
Garment sector says hit hard by dual GST
“In my whole career of 28 to 30 years, I have never seen such a low time in business and
Press Release, Press Release
Key highlights of 36th GST Council Meeting
The 36th GST Council Meeting was held here today Via Video Conference under the chairmanship of Union Finance & Corporate Affairs
GST Recent News, News
INS urges govt. to withdraw 10% customs duty on newsprint
The Indian Newspaper Society on Friday urged the government to save the newspaper industry by scrapping the “unbearable burden” of
Important Pronouncements
Gujrat HC held MoF Circular untenable and allowed IGST refund despite of higher ‘drawback’ claim
Facts: M/s Amit Cotton Industries (“the Petitioner”) is a Cotton Ginning Mill engaged in a business of procuring raw cotton