131 shell cos involved in bogus supplies of ₹1,355 crore busted in UP
The Central Goods and Service Tax (CGST) Commissionerate, Lucknow, busted a major network of 131 shell firms involved in bogus […]
GST Recent News
GST Recent News
GST ‘scam’: 2 siblings held in Delhi, total arrests now 20
The Noida Police on Wednesday said it has arrested two more Delhi-based accused in connection with the multi-crore-rupee “GST scam”
Income Tax, News
Income tax dept processed 1.5 crore ITRS of total 3 crore filed
Over 3 crore ITRs for income earned in 2022-23 fiscal have been filed so far, out of which 91 per
GST Recent News
18% GST Applicable On Battery Charging For Electric Vehicles, Says Karnataka AAR
Charging batteries used in electric vehicles will attract 18 per cent GST, according to the Karnataka Authority for Advance Ruling
Advance Ruling-New, GST Law
Book adjustment a valid method of consideration under GST
The AAR, Kerala, in the matter of Paragon Polymer Products Private Limited [Advance Ruling No. KER/03/2023 dated March 02, 2023]
GST Law, Important Pronouncements
Revenue Department cannot seize cash during the inspection
The Hon’ble Kerala High Court in Dhanya Sreekumari v. State Tax Officer (IB) [WP(C) No. 21772 of 2022 dated June
GST Recent News
Online gaming companies await clarity as repetition taxation fears rise
Online gaming companies are worried that potential repetitive taxation could be a death blow as they wait for detailed notification
GST Recent News
GoM on GST rate rationalisation to be reconstituted soon, but decision unlikely before 2024 LS polls
The Group of Ministers (GoM) of the Goods and Services Tax Council that was tasked with rate rationalisation is likely
Customs, Notification and Circular, Notification And Circular
CBIC issued Instructions on the Suspension of Licence of Customs Broker
The CBIC has issued Instruction No. 24/2023 dated July 18, 2023 regarding the Suspension of Licence of Customs Broker. The
GST Recent News
Free replacement of parts under warranty not liable to GST: CBIC
Free replacement of parts of goods under warranty does not attract Goods and Services Tax but tax would be payable