India’s Services exports set a new record of USD 254.4 Billion in FY 2021-2022
India’s Services exports set a new record of USD 254.4 Billion in the financial year 2021-2022. The new record achieved […]
Press Release, Press Release
Press Release, Press Release
CGST Nashik arrested a Proprietor for GST evasion by availing fraudulent ITC of Rs. 27.88 Cr.
M/s Hira Steel, Nashik is engaged in the business of trading of steel and scraps. The officers of the Nasik
Important Pronouncements
Summary SCN not fulfilling the ingredients of a proper SCN and thus violative of principles of natural justice
The Hon’ble High Court of Jharkhand at Ranchi in M/s. Godavari Commodities Ltd. vs. The State of Jharkhand [W.P.(T) No.
Important News
Supreme Court holds income tax re-assessment order issued u/s 148 as valid
The Supreme Court on Wednesday ruled in favour of the Income Tax Department regarding the re-assessment controversy. It held that
News
Decentralised finance under taxman’s lens: Government set to levy additional taxes
Indians earning “interest” on their cryptocurrencies from platforms outside India have come under taxman’s scrutiny, two people familiar with the
GST Recent News
Karnataka High Court backs simultaneous levy of excise duty, GST on tobacco
Karnataka High Court has upheld the constitutional validity of the imposition of central excise duty, national calamity contingent duty (NCCD) simultaneously with the goods and
GST Recent News
Panel for 28% GST on casino, online gaming: West Bengal FM Bhattacharya
The panel of state finance ministers is unanimous on hiking the GST rate on casino, race course and online gaming services to 28 per
GST Recent News
Govt may subsume sin goods cess into GST to pacify states
The cess levied on aerated drinks, cigarettes and cars is set to become a bargaining chip in Centre-state talks on
Press Release, Press Release
India’s Merchandise Trade Preliminary data for the month of April, 2022
India has achieved monthly value of merchandise export in April 2022 amounting USD 38.19 billion, an increase of 24.22% over
GST Recent News
Anti-profiteering body gets 2 members, steps up hearings
India’s anti-profiteering watchdog has swung into action after a year, with two new members joining it, and is likely to