Tamil Nadu GST & Central Excise Department issued a booklet on “FAQ on e-Invoice”
The Tamil Nadu GST & Central Excise Department has issued a booklet on “FAQ on e-Invoice” in Tamil & English […]
Important News
News
Equilibrium between power of the IT Dept. of reassessment and rights of the assessee: Supreme Court
The Supreme Court, by invoking the extraordinary jurisdiction under Article 142 of the Constitution of India, saved over 90,000 Income Tax
Important Pronouncements
Notification providing for mandatory deeming fiction for deduction towards value of land is ultra-vires the provisions of GST and Constitution
The Hon’ble Gujarat High Court in Munjaal Manishbhai Bhatt v. Union of India [R/Special Civil Application No. 1350 of 2021
GST Recent News
Form GST DRC-16 merely attaches immovable properties & not bank account: Madras HC refuses to quash attachment notice
The Madras High Court bench of Justice C. Saravanan has held that form GST DRC-16 merely attaches immovable properties. There was no attachment to
GST Recent News
Transfer of Business unit shall be treated as a Supply of Services: West Bengal AAR
The West Bengal Authority of Advance Ruling (AAR), consisting of members Brajesh Kumar Singh and Joyjit Banik, has ruled that the transfer of business units
GST Recent News
Cryptocurrencies may soon attract 28% GST like betting and casinos in India
The Goods and Service Tax (GST) Council is likely to consider levying 28 percent GST on cryptocurrencies. The government’s view
Newsletter
Weekly GST Communique dated May 09, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
GST Recent News
Aviation Ministry invites second round of applications from drone industry for PLI scheme
The Civil Aviation Ministry on Thursday invited second round of applications for the production-linked incentive (PLI) scheme that was announced
GST Recent News
All indicators show that India is on the growth path: Goyal
All the key indicators such as jump in exports and high GST collection in April reflect that the country’s economy
News
India plans to cut taxes on edible oils to cool surging prices
India is planning to cut taxes on some edible oils to cool the domestic market after the war in Ukraine