Press Release: GST Revenue collection in the month of April 2018 exceeds Rs. 1 Lakh Crore
India’s monthly goods and services tax (GST) collections crossed Rs 1 lakh crore for the first time in April, indicating […]
GST Recent News, News
Notification and Circular, Notification And Circular
Surrender of tenancy rights against consideration liable to GST; Govt. clarifies
Finance Ministry vide Notification No. 12/2017-Central Tax (Rate) issues clarification on taxability of ‘tenancy rights’ under GST, states that such
GST Recent News, News
Revenue department to look at quarterly GST revenues average for trend analysis
The revenue department will focus on quarterly average of GST revenues for better analysis of revenue trend, an official said.
Important Pronouncements
Material handling & shifting couldn’t be taxable as ‘Manpower recruitment & supply agency service’
Classification of services – Section 65(68) of the Finance Act, 1994 – Manpower recruitment or supply agency – Assessee had entered into
Uncategorized
Himachal Pradesh E-Way Bill Notification as on1st May,2018
No E-Way bill shall be required for intra-state movement of goods within the state of Himachal Pradesh except for intra-state
Important Pronouncements
Sale of Sim Card is an independent activity hence no Service Tax is applicable: CESTAT
VIDE SCN dt. 18.10.2013 issued on the basis of EA-2000 audit conducted, the Appellant were called upon to pay service tax
Important News, News
In a first, GST revenue collection for a month exceeds Rs 1 lakh crore
The revenue collection from Goods and Services Tax (GST) exceeded Rs 1 lakh crore in April 2018, the Ministry of Finance said
Important Pronouncements
Service per se is not exempted, but only part of taxable value is exempted by notification 29/2004-ST – Rule 6(3)(i) of CCR, 2004 does not apply: CESTAT
The appellant is a Co-operative Bank. They are availing cenvat credit of the service tax paid on inputs and/or input
GST Recent News, News
Govt to keep petrol, diesel out of GST net
The government has opted to ignore petroleum minister Dharmendra Pradhan’s repeated plea to bring petroland diesel within the ambit of goods and services tax (GST)
Important Pronouncements
Contention of Revenue that Inputs should first come to factory is baseless- as final product is manufactured at site,obviously input has to go to site: CESTAT
This is a Revenue appeal filed in the year 2009. The issue is whether the appellant is entitled for the CENVAT