Mobile phones, not cards, lead India’s digital payments push
Credit and debit cards are traditionally considered to be the pioneers of non-cash payments. This is how the term plastic […]
GST Recent News, News
GST Recent News, News
Patanjali charged with profiteering Rs 150 cr from GST cuts
Yoga guru Baba Ramdev-led Patanjali Ayurved has not passed on to its customers the benefits of tax rate cuts announced
GST Recent News, News
CBIC to focus on behavioural patterns of taxpayers to improve GST compliance
GST officers will study the behavioural pattern of certain taxpayers to nudge them to comply with tax laws, in a
GST Recent News, News
FICO organises GST workshop for industrialists
The Federation of Industrial and Commercial Organisation (FICO) organised a workshop on goods and services tax (GST). The programme was
Important Pronouncements
Absent deliberate act to evade taxes, CESTAT set aside extended period and penalty when ST was paid along with interest
Fact of the case: M/s. Suryodaya Infratech, is engaged in construction business and it was registered with Service Tax Dept. under
Notifications and Circulars
Procedure laid down by DGFT for obtaining export authorisation for export of ‘restricted’ items
The Director General of Foreign Trade (“DGFT”) vide its Trade Notice No. 35/2018 dated October 25, 2018 which lays down
GST Recent News, News
GST Council met 30 times, took 918 decisions in 2 years: Govt
The all-powerful GST Council, chaired by Finance Minister Arun Jaitley, has met 30 times and taken 918 decisions related to
Important Pronouncements
Byproducts i.e. bagasse, generated from Mfg of Sugar & molasses cannot be considered as manufacture, hence not excisable
Facts of the case: M/s. Kichha Sugar Company Ltd., is engaged in manufacture of VP Sugar and molasses was registered
GST Recent News, News
GST ‘work in progress’, hope rates will be rationalised further, says Pranab Mukherjee
Terming the GST as ‘work in progress’, former President Pranab Mukherjee Friday expressed hope that rates under the indirect tax
GST Recent News, News
Tata Sons may get GST bill of Rs 1,600 crore, taxman reckons $1.2 billion payment to Docomo is ‘supply of services’
In a potentially controversial move that could extend the indirect tax department’s ambit to capital transactions and pit it against