DGFT amends the Export Policy of Cough Syrup w.e.f. June 01, 2023
The DGFT vide Notification No. 06/2023 dated May 22, 2023 has issued an amendment in Chapter 30 of Schedule 2 […]
DGFT, Notification And Circular, Notification and Circular
Advance Ruling-New, GST Law
Trader of second-hand gold in form of lumps or irregular shapes cannot avail GST chargeability under margin scheme
The AAR, Karnataka, in the matter of M/s. White Gold Bullion Pvt. Ltd. [Advance Ruling no. KAR ADRG 20/2023 dated
CBDT Notification, Notification And Circular, Notification and Circular
CBDT prescribes a manner to compute ‘Net Winnings’ from online games u/s 115BBJ & S. 194BA
The CBDT issued Notification No. 28/2023 dated May 22, 2023 notified the new Rule 133 vide the Income-tax (Fifth Amendment)
GST Recent News
GST campaign under way, 4,000 firms in district tagged suspicious
In a significant development in the GST department’s campaign to combat suspicious and fake registrations, approximately 4,000 firms from Ludhiana
CBDT Notification, Notification And Circular, Notification and Circular
CBDT issued important guidelines on online gaming, clarifies ‘net winnings’
The CBDT vide Circular No. 5 of 2023 dated May 22, 2023 issued the Guidelines for the removal of difficulties
Important Pronouncements
No service tax leviable on user development fees collected by Airport authority, being a statutory levy
The Hon’ble Supreme Court in the case of Central GST Delhi – III v. Delhi International Airport Ltd (Civil Appeal
GST Recent News
GSTN to go live on Account Aggregator ecosystem before July 1, 2023
The Goods and Services Tax Network (GSTN), which is the technology interface between government and taxpayers, is due to be
Advance Ruling-New
Rent on Accommodation buildings located outside the boundaries of religious places are chargeable to GST
The AAR, Gujarat, in the matter of M/s. Nandini Ashram Trust [Advance Ruling no. GUJ/GAAR/R/2023/18 dated April 26, 2023] ruled
GST Recent News
Drive against ‘fake’ GST registrations rattles city bizmen
The central goods and services tax (CGST) department’s drive to identify suspicious and fake companies registered under GST has sent
GST Recent News
I-T officials too face hurdles in Gameskraft case
It isn’t just GST authorities who have run against a legal wall in their attempt to claim Rs 21,000 crore