ICICI Lombard falls on Rs 273-cr GST liability, show-cause notice from DGGI
ICICI Lombard General Insurance share price fell over a percent on August 9, a day after the company received a Show […]
GST Recent News
CBDT Notification, Notification And Circular, Notification and Circular
CBDT issued Guidelines for Mandatory Selection of Returns for Comprehensive Scrutiny in FY 2023-24
The CBDT, vide F No. 225/66/2023 – ITA – II dated August 3, 2023, has released guidelines concerning the mandatory selection
GST Law, Important Pronouncements
Sufficient Cause holds more weight than length of delay
The Hon’ble Andhra Pradesh High Court in M/s. S A Iron and Metal v. State of Andhra Pradesh and anr.
GST Law, Important Pronouncements
DGGI communication to Bank to freeze bank account of assessee not a valid provisional attachment order
The Hon’ble Delhi High Court in M/s. Redamancy World v. Senior Intelligence Officer [W.P. (C) 6208/2019 dated July 31, 2023]
GST Recent News
CAG asks FinMin to put in place online Customs refund system
The Comptroller and Auditor General (CAG) has asked the Finance Ministry to consider having an online system for processing customs
GST Law, Important Pronouncements
Claim of ITC through GSTR-3B justified since Form GST ITC-02 was not live on common portal
The Hon’ble Allahabad High Court in M/s Tikona Infinet Private Limited v. State of U.P. [Writ Tax No. 859 of
Income Tax, News
Delhi Cop, Tax Official Among 5 Arrested For Fake Raid On Businessman: Police
Five people, including a head constable of the Delhi Police and a staffer of the Income Tax (IT) department, were
CESTAT, Important Pronouncements
Transportation of ash for disposal does not attracts service tax
The CESTAT, Chandigarh, in M/s Kumar Builders v. Commissioner of Central Excise & Service Tax [Service Tax Appeal No.2638 of
GST Recent News
Cabinet approves Bill amending 28% GST on online gaming; Reports
The Union Cabinet has approved the bill to amend the new GST rate of 28% on online gaming, casino and
GST Law, Important News
Now sub-users can access e-Invoices generated by the main user and perform View/Cancel/Generate EWB
The GST, e-Invoice System issued Update dated August 09, 2023 states that, now sub-users can access e-Invoices generated by the