GST calamity cess put on hold, aviation fuel tax cut
Finance minister T.M. Thomas Isaac has put on hold the calamity cess of one per cent that he had proposed […]
GST Recent News, News
Press Release, Press Release
GST Revenue Collections: Changes in Revised Estimates vis-à-vis Budget Estimates for the FY 2018-19
Considering present trend in the Monthly Collection of GST revenue, the changes in Revised Estimates vis-à-vis Budget Estimates for the
Important Pronouncements
Assessee providing post-production services to customers not taxable as ‘video-tape production services’: CESTAT
Fact: M/s. Prasad Corporation Ltd. (“the appellant”) was engaged in post-production services and provided specialized data processing services to customers
GST Recent News, News
Tax authorities to levy interest on cash, ITC component of GST paid after due date
Tax authorities have made it clear that interest will be levied on both cash and input tax credit (ITC) component
Press Release, Press Release
New Return Filing System of GSTN
GSTN will focus, amongst others, on the development of new return filing, further improving the user interface, and Business Intelligence
GST Recent News, News
GST rings in moolah, Tamil Nadu 4th in country, collection up 10%
For Tamil Nadu, which will have its budget on Friday, there is good news on the GST front. More than
Important Pronouncements
No service tax on remuneration paid to directors if they were employees of the company: CESTAT Mumbai
Fact: M/s. Allied Blenders and Distillers (P.) Ltd. (“the appellant”) are registered with the Central Excise Department for providing taxable
GST Recent News, News
GST entry error proves costly to company
The High Court has directed a GST nodal officer to consider the corrections sought by a company which had made
Important Pronouncements
No contravention of anti-profiteering provisions on supply of ‘Black Pepper’, since no reduction in tax rate in pre and post GST: NAA
Fact: M/S S.J. Spices Ltd (“the respondent”) was alleged on the supply of “Black Pepper” under HSN code: 09041140, by Kerala
Important News
Interest on net liability of GST – Still amendment awaited
GST COUNCIL has recently recommended that interest is required to be paid on net liability but No CBIC circular