Many states request GST compensation extension beyond 5 years: FM Nirmala Sitharaman
Many states have requested extension of the compensation mechanism under the GST beyond June 2022, Finance Minister Nirmala Sitharaman said […]
GST Recent News
Important News
Govt. is still in the process of passage of the current Finance Bill
As per the recent tweet of CNBC-TV18, Sources says the Government is still in the process of passage of the
Newsletter
Weekly GST Communique dated March 14, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
Press Release, Press Release
India’s Foreign Trade for the month of February 2022
India’s overall exports (Merchandise and Services combined) in February 2022* are estimated to be USD 57.03 Billion, exhibiting a positive
Press Release, Press Release
GST reduced from 18% to 5% for domestic MRO services
The average number of the passenger carried in the pre-Covid financial year (2019-20) was around 4 lakh per day. On
GST Recent News
Coating activities on goods belonging to customer is Job work, attracts 12% GST: AAR
The Maharashtra Authority of Advance Ruling (AAR) consisting of Rajiv Magoo and T.R. Ramnani has ruled that coating activities on goods belonging to customers qualify as
News
Interest income derived by Gujarat Sports Authority on its surplus taxable as “Income from Other Sources”: Ahmedabad ITAT
The Ahmedabad Bench of ITAT, consisting of members P.M. Jagtap (Vice President) and Siddhartha Nautiyal (Judicial Member), has ruled that the
GST Recent News
Prasar Bharati not liable pay Service Tax for advertisement services: CESTAT directs refund to customers
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) consisting of P.V.Subba Rao (Technical Member) and Rachna Gupta (Judicial Member) directed Prasar
GST Recent News
They played FASTag & loose to evade GST
A tip-off from Gujarat’s state goods and services tax (SGST) department to the Central GST (CGST) Commissionerate in Delhi has
Press Release, Press Release
Government extends Credit Guarantee Scheme for Subordinate Debt upto March 31, 2023
The Government announced creation of ‘Distressed Assets Fund – Subordinate Debt for Stressed MSMEs’ on May 13, 2020, under the