Readymade Khadi garments sold through KVIC, not exempt from GST: AAR Rajasthan
Facts: M/s. Udyog Mandir (“the applicant”) is a manufacturer of Khadi garments. The Applicant buys khadi fabric from the market […]
Advance Ruling-New
Important Pronouncements
Orissa HC allows ITC of GST on goods & services used for construction of hotels though falling under Negative list
Background The GST Law brought with it a fresh tax rate structure and the availability of additional input tax credit.
Important Pronouncements
DGGSTI was justified in conducting search on premises of assessee based on requisite evidence indicating duty evasion: HC
Facts: M/s. Sanwaria Sweets Private Limited (“the petitioner”) filed a writ petition with prayer that search launched by Revenue namely,
GST Recent News, News
Government eyes higher ease of doing business rankings
The government is banking on gains from goods and services tax (GST) and higher recovery from bad debt that is
GST Recent News, News
GST officials bust fake invoices racket in Malkajgiri
The Medchal Central GST Commissionerate has busted a fake invoice racket with the arrest of three key persons. Based on
GST Recent News, News
Builders opting for old GST rate face problems with buyers insisting on paying only 5 pc tax
Builders are facing a piquant situation with homebuyers insisting that they will pay only the new rate of 5 percent
GST Recent News, News
GST scam accused bares links to four associates
A fortnight after arrest of the prime accused in one of the biggest tax evasion scams involving fake transactions worth
Advance Ruling-New
Manufacturer profiteered by not passing benefit of reduction in tax rate in respect of “luggage trolley bag/suitcases”: NAA
Facts: Kerala State Screening Committee referred the instant matter to the Standing Committee on Anti-Profiteering alleging profiteering by M/s. VTWO Ventures
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New Website release by GOI for offline access of New GST Return Process
The Goods and Service Tax Network (GSTN) has released a new website i.e. https://demoofflinetool.gst.gov.in for offline demonstration of New GST Return process
Advance Ruling-New
Builder profiteered by not passing additional Input Tax Credit benefit to home buyers: NAA
Facts: Ms. Pallavi Gulati (“the applicant”) preferred an application to the Standing Committee on Anti-Profiteering alleging profiteering in respect of