GST portal enabled new window for claiming TDS/TCS credits
The GST portal has enabled a new window for claiming TDS/TCS credits while filing GST returns. A taxpayer can accept […]
GST Recent News, Important News
GST Recent News, News
Honest with I-T, but evading GST
The directorate general of GST intelligence (DGGSTI) has come across huge mismatches in the turnover mentioned by businesses in income
Important Pronouncements
Interest is liable to pay on differential duty payable w.r.t price escalation: SC (LB)
SC Larger Bench (LB) holds that the assessee liable to pay interest u/s 11AB of the Central Excise Act, 1944
Advance Ruling-New
Services provided to Central govt. related to Trunkey project of civil structure treated as “work contract” & attracting GST @ 12%
Facts: Vikram Sarabhai space centre (“the Applicant”), department of space, Government of India, entered into a contract with Tata Project
GST Recent News, News
Dip in commercial vehicle sales partly due to GST
The improvement in economic efficiency from the introduction of Goods and Services Tax (GST) is one of the reasons for
GST Recent News, News
Trader held for GST fraud
A Punjab trader was arrested on Thursday on the charge of registering a fake firm on the GST portal and
Advance Ruling-New
Services by way of Job work w.r.t textile product liable to GST @ 5%: AAR Kerala
Kerala AAR holds that the materials like carpets, coir, etc. supplied by the principal for executing job works along with
Notifications and Circulars
No hard copy of AA/EPCG application is required to be submitted to DGFT Authority by the exporter w.e.f. May 20, 2019
Directorate General of Foreign Trade (“DGFT”) vide Policy Circular No. 23/2015-20 dated May 15, 2019 has created an online facility
Notifications and Circulars
DGFT allows three months time to the applicant for applying for MEIS Scheme with Shipping bills and relevant HSN code
Directorate General of Foreign Trade (“DGFT”) vide Trade Notice No. 14/ 2015-2020 dated May 15, 2019, has allowed custom Server
GST Recent News, News
GST anti-profiteering body may get fresh lease of life
India’s anti-profiteering framework may remain in place for another two years as the country eyes more changes to the goods