GST registration applicants’ details will be taken from IT database: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) said on Saturday those applying for Goods and Services Tax (GST) […]
GST Recent News
Press Release, Press Release
PIB issued Press Note on the First Advance Estimates of National Income, 2022-23
The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation is releasing in this Press Note the First Advance
Important News
GST Council may consider relief to steel companies on metal scrap in next meeting
As per the recent tweet by ET Now, sources say GST Council may consider relief to steel companies on metal
Income Tax News, News
Many FPIs coming via tax-friendly countries asked to pay tax on dividend
Several foreign funds and holding companies investing into Indian stocks through tax-friendly jurisdictions, like Mauritius and Singapore, have been declined
Advance Ruling-New
Bus operators can avail ITC on rent paid towards hiring of buses
The AAR, Chhattisgarh in the matter of M/s. Abhay Singh Gill [Advance Ruling No. STC/AAR/07/2021 dated November 25, 2021] has
Important Pronouncements
Directed investigating officer to issue advance notice of 72 hours to effect the arrest after investigation
The Hon’ble Bombay High Court in Neha Agarwal v. Superintendent, Anti-Evasion, CGST [Anticipatory Bail Application No. 2644 of 2022 dated
Important News
Govt considering new 1-time tax Amnesty scheme to reduce litigation, may be announced in budget 2023
As per the recent tweet by CNBC-TV18, sources say Government considering a new 1-time tax Amnesty scheme to reduce litigation,
DGFT, Notification and Circular, Notification And Circular
DGFT amends para 2.56 of Handbook of Procedure and addition of agencies to Appendix 2G
The DGFT vide Public Notice No. 48/2015-2020 dated January 05, 2023 has issued amendments to para 2.56 of Handbook of
Important Pronouncements
Notice to be served to the assessee before carrying out physical inspection of the business premises
The Hon’ble Delhi High Court in Aditya Narayan Ojha (Amit Associates) v. Principal Commissioner, CGST & Anr. [W.P.(C) No. 8508
GST Recent News
Rajasthan: Unemployed youth gets a Notice from GST Department to pay a tax of Rs 1 crore 39 lakh
A poor unemployed youth living in Jaisalmer, Rajasthan has received a notice to pay GST of more than one crore