General insurers seek more sops for health insurance, reduction in GST
Increase in health insurance premium exemption level, boost to mass insurance schemes, and reduction in GST are the key points […]
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Change in tax structure due to introduction of GST doesn’t allow price revision: HC
Facts: M/s. Bipson Surgical (India) (P.) Ltd. (“the petitioners”) is engaged in the business of manufacture and distribution of Surgical
GST Recent News, News
MTaI seeks streamlining of taxes & duties to make medical devices affordable
Medical Technology Association of India (MTaI), has said that the government should streamline tax and duty structure in Union Budget
GST Recent News, News
Top infra, steel companies under GST Intelligence scanner
Several major infra companies which are into government projects like irrigation and other works in Telangana and Andhra Pradesh along
GST Recent News, News
Auto industry expects GST cuts and EV push from the interim Budget
The Automotive Component Manufacturers Association (ACMA) recommended a uniform GST rate of 18% on all auto components and more encouragement
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PHD Chamber expects reforms in farm sector, rationalisation of direct taxes
Industry body PHD Chamber Sunday said it expects further reforms in agriculture sector and rationalisation of direct taxes in the
GST Recent News, News
Two held in GST raid denied bail
Two persons arrested in GST raid at an illegal gutka manufacturing facility in Halol last week were denied bail by
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Market research, survey for overseas group, parent entity, not ‘intermediary service’, constitutes ‘export of service’: AAR of Maharashtra
Fact: M/s. Asahi Kasei India Private Limited (“the applicant”) is a Indian subsidiary company of Asahi Kasei Corporation, Japan (“Asahi
GST Recent News, News
Govt, ICAI to train 1 lakh accountants to help boost GST compliance
The Government of India, along with The Institute of Cost Accountants of India (ICAI), is all set to launch a
Important Pronouncements
CESTAT sets aside penalty where dispute pertained to Rule 8 applicable on classification of goods cleared to related party
Fact: M/s. Nova Iron and Steel Ltd. (“the Assessee”) was a manufacturer of sponge iron, who had stopped production due