GST favours coal power over solar generation
The introduction of Goods & Services Tax (GST) has thrown a spanner in India’s clean energy transition, implicitly favouring coal […]
GST Recent News, News
Advance Ruling-New
Essential parts of the ship like AIS,NAVTEX and SART entitled to concessional rate of GST @ 5%: AAAR Maharashtra
Fact: M/s. A S Moloobhoy (P.) Ltd. (“The Appellant’) is engaged in the business of sale and distribution of Marine
Notifications and Circulars
Govt extends IGST, compensation cess exemption under various export promotion plans till March 2020
The Directorate General of Foreign Trade (DGFT) vide its Notification No. 57/2015-20 dated March 20,2019 has extended the exemption from IGST
Advance Ruling-New
Hospitality Services by SEZ Co-developer to clients in SEZ as ‘zero-rated’ supply: AAR Gujarat
Facts: M/s. Sapthagiri Hospitality Private Limited (“The Applicant”), is engaged as a Co-Developer for providing infrastructure facilities to establish a
Important News, News
Decisions taken by the GST Council in the 34th meeting held on 19th March, 2019 regarding GST rate on real estate sector
GST Council in the 34th meeting held on March 19, 2019 at New Delhi discussed the operational details for implementation of
GST Recent News, News
MRF can avail input tax credit only for invoice value: Tamil Nadu authority
The Tamil Nadu Advance Ruling Authority (ARA) has said tyre major MRF may avail of input tax credit only to the extent of the value of
GST Recent News, News
Liquidity Deficit May Spike To Rs 2 Lakh Crore By March-End
The Indian economy is bracing for another bout of tight liquidity over the next two weeks, as a host of
GST Recent News, News
GST fraud of Rs 90 Cr unearthed, Ghaziabad resident held
Sleuths of the office of Director General of GST Intelligence (DGGI) have arrested one Rajesh Goyal, 42, a resident of
GST Recent News, News
Bimal Jain opposed reversal of unused ITC for under-construction houses
The unused Input Tax Credit (ITC) on goods and services lying with the property developers as on March 31 will be reversed
GST Recent News, News
Starbucks may face fine for ‘profiteering’ after GST rate cut
The anti-profiteering authority is set to fine coffee chain Starbucks for not reducing prices of its products after the Goods