100 % Penalty cannot be imposed if Show Cause Notice is issued under section 73
The Hon’ble Madras High Court in the case of K.S. Janarthanam v. Deputy State Tax Officer [W.P. No. 1848 of […]
GST Law, Important Pronouncements
GST Recent News
Three arrested on charges of extortion under the disguise of GST officials in Siliguri
A shocking incident came to the fore where three miscreants were apprehended for allegedly extorting money under the guise of
GST Recent News
Don’t lose export focus at the altar of import substitution, says 16th Finance Commission Chairman
India must preserve its outward export-focused orientation and remain open to global markets for it to grow faster and move
GST Recent News
GUJCTOC provisions invoked for the first time against 20 suspects in GST scam in Gujarat
For the first time ever, provisions of the Gujarat Control of Terrorism and Organised Crime Act 2015 (GUJCTOC) have been
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN Issues Important Advisory on Enhanced E-Invoicing Initiatives and Launches Enhanced E-Invoice Portal
The GSTN issued Advisory No. 624 dated February 21, 2024 on the occasion of one year of the successful going
CBIC, export import, Notification And Circular, Notification and Circular
CBIC issues Instructions on Compliance of imported consignments of Boric Acid (Technical Grade) with notified Bureau of India Standards (Standards for Boric Acid) Order, 2019
The CBIC issued Instruction No.03/2024-Customs dated February 19, 2024, regarding the Compliance of imported consignments of Boric Acid (Technical Grade) with
News, SEZ, SEZ
SEZs to get more tax relief under RoDTEP cover
The government has decided to extend the benefits under tax remission scheme RoDTEP to export-oriented units and manufacturers in the
GST Law, Important News
Now pay your GST seamlessly through IndusInd Bank via Net Banking on GST portal
The IndusInd Bank is now integrated with the GST portal. Now pay your GST seamlessly through your IndusInd Bank account
GST Law, Important Pronouncements
Recipient cannot be held liable for circulating bogus invoices by the Supplier
The Hon’ble Calcutta High Court in the case of Fairdeal Metals Ltd. v. Assistant Commissioner of Revenue, State Tax, Bureau
MCA, Notification and Circular, Notification And Circular
Govt notifies Section 33 of Competition (Amendment) Act, 2023 regarding Power to Impose Lesser Penalty, effective February 20, 2024
The MCA vide Notification No. S.O. 740 (E) dated February 19, 2024, notified that section 33 of the Competition (Amendment)