GSTN issued advisory w.r.t. composition taxpayers
The Goods and Services Tax Network (“GSTN”) has issued an Advisory dated April 30, 2022 with respect to composition taxpayers. Background: […]
Important News
GST Recent News
Bonafide error in format of date on e-way Bill, warrants only minor penalty: Kerala HC
The Kerala High Court bench of Justice Bechu Kurian Thomas has held that a minor penalty can be imposed for a bona fide mistake
GST Recent News
Apple and Malt Cola Fizzy attracts 28% GST and 12% GST Compensation Cess: Gujarat AAR
The Gujarat Authority of Advance Ruling (AAR) consisting of Atul Mehta and Arun Richard has ruled that 28% GST and 12% GST Compensation Cess are payable
News
Delhi HC stays reopening of Income Tax Assessment keeping in view the credentials of BHEL
The Delhi High Court bench of Justice Manmohan and Justice Dinesh Kumar Sharma has stayed the reopening of income tax assessments, keeping in view the credentials
Notification And Circular, Notification and Circular
E-filing and issuance of preferential CoO for india’s exports under India-UAE CEPA w.e.f. May 01, 2022
The DGFT issued Trade Notice No. 05/2022-2023 dated April 29, 2022 for electronic filing and issuance of preferential Certificate of
GST Recent News
Service Tax not payable on Liquidated Damages: CESTAT
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) consisting of S.K. Mohanty (Judicial Member) and P.V. Subba Rao (Technical Member) has
Notification And Circular, Notification and Circular
CBDT notifies Form ITR-U for filing Updated Return u/s 139(8A) of the IT Act
The CBDT issued Income-tax (Eleventh Amendment) Rules, 2022 vide Notification No. 48/2022 dated April 29, 2022 to insert Rule 12AC
GST Recent News
FHRAI appeals GST rationalisation for the hospitality sector
Citing the unprecedented rise in inflation, the Federation of Hotel & Restaurant Associations of India (FHRAI) has requested the GST
GST Recent News
Plea Challenges demand of GST on Royalty Paid for quarrying of Building Stone: Karnataka HC grants Interim Relief
The Karnataka High Court has till the next date of hearing restrained respondents from demanding and collecting GST on Royalty
GST Recent News
Commercial Taxes dept review finds 3K ‘non-existent’ GST taxpayers
A total of 3,147 newly-registered taxpayers under the Tamil Nadu GST Act, 2017, were found to be non-existent at the