GST council will decide on compensation cess: CBIC chief
The GST council will take a decision on the demand by Goa and other smaller states on continuing with compensation […]
GST Recent News
GST Recent News
No reason to believe that ITC is fraudulently availed: Punjab & Haryana HC
The Punjab and Haryana High Court bench of Justices Tejinder Singh Dhindsa and Pankaj Jain has held that there should be reason to believe
GST Recent News
Gujarat GST raids: Over Rs 11-crore tax evasion detected at hotels, resorts near Gir National Park
The Gujarat Goods and Services Tax (SGST) department conducted searches on hotels, resorts and booking agents operating in and around
Newsletter
Weekly GST Communique dated June 13, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
News
Commission earned on Distribution of Indian Mutual Fund outside India, not Taxable: ITAT Mumbai
The Mumbai Bench of ITAT has ruled that the commission earned on the distribution of Mutual Funds schemes of an
GST Recent News
GST payable on receipt of gratuitous payment from outgoing member: AAR
The Maharashtra Authority of Advance Ruling (AAR) consisting of T.R. Ramnani and Rajiv Magoo has ruled that GST is payable on
GST Recent News
Gujarat HC quashes Non-Speaking and vague GST Cancellation Order
The Gujarat High Court bench of Justice J.B. Pardiwala as he then was and Justice Nisha M. Thakore has quashed the GST cancellation order as it
News
Loss from Trading in commodity derivatives Non-Speculative in Nature, can be set off against regular business income: ITAT Lucknow
The Lucknow Bench of ITAT has ruled that trading in commodity derivatives, that satisfies the requirements of Clause (e) of the first
News
Delayed Audit Report due to the Delay by Statutory Auditors: ITAT deletes penalty
The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the penalty where the assessee has sufficient and reasonable cause
GST Recent News
Drones, GST numbers to be used to find tax defaulters
BBMP Chief Commissioner Gaurav Gupta on Friday said that all methods are being adopted to bring defaulters into the tax