18% GST on air freight leaves bad taste in the mouths of Indian betel leaf exporters
A revival in betel leaf export from India has been marred by the imposition of 18 percent Goods and Services […]
GST Recent News
Press Release, Press Release
Final stage of Union Budget 2023-24 commences with Halwa Ceremony
The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North
Important News, Income Tax
Income Tax Dept enabled functionality for filing of rectification request in respect of orders passed by CsIT (Appeals)
The Income Tax Department has enabled the functionality for filing of rectification request in respect of orders passed by the
GST Recent News
GST compensation cess may support carbon storage plan
The government may use the goods and services tax (GST) compensation cess for a clean energy fund to help access
GST Law, Important Pronouncements
No Late fees to be charged if returns not filed due to cancellation of GST registration, which was restored subsequently
The Hon’ble Calcutta High Court in M/s. Modicum Enterprise (OPC) Private Limited v. Deputy Commissioner of State Tax/Assistant Commissioner of
GST Law, Important Pronouncements
Bail granted for alleged availment/passing of fake ITC to avoid prolonged detention beyond the statutory period
The Hon’ble Rajasthan High Court in the case of Gaurav Kakkar v. Directorate General of GST Intelligence, Jaipur Zonal Unit
GST Recent News
Transactions worth Rs 12,000 crore by insurers under taxman’s lens
Transactions of more than ₹12,000 crore are under the scanner of the income-tax department that is probing several commission agents
GST Recent News
Record e-way bills in December point to robust GST receipts in January, 2023
Monthly generation of e-way bills or electronic permits required for shipment of goods within and across states has shot up
DGFT, Notification and Circular, Notification And Circular
DGFT allowed Fertilizer Marketing Entities to file Bill of Entries at Indian ports for import of ‘Urea’
The DGFT vide Notification No. 54/2015-2020 dated January 24, 2023 has issued amendments w.r.t. Import Policy conditions of ‘urea’ under
GST Recent News
Rajasthan High Court stays GST show cause notice issued to MyTeam11
In an interim order, the Rajasthan High Court has stayed the show cause notice issued to MyTeam11 by the Directorate