Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited
Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of […]
GST Recent News
Press Release, Press Release
Searches conducted by Income Tax Department largely in Uttar Pradesh and Maharashtra
The Income Tax Department carried out search and seizure operation on December 31, 2021 on two groups engaged in the
Notification and Circular, Notification And Circular
CAG invites CA Firms/LLPs for empanelment as auditors of Companies for the year 2022-2023
Online Applications are invited from Chartered Accountant firms/LLPs who desire to be empanelled with the office of the Comptroller and
Important News
Various functionalities made available for Taxpayers on GST Portal in December, 2021
The Goods and Services Tax Network (“GSTN”) has issued module wise new functionalities deployed on the GST Portal in December,
Advance Ruling-New
GST @ 12% chargeable on supplying, operating, and maintaining air-conditioned electrically operated buses with ITC
The Maharashtra Authority of Advance Ruling (“AAR”) in Re: MH Ecolife E-Mobility Pvt. Ltd. (Advance Ruling No. 60/2020-21/B-116 dated December
GST Recent News
GST council’s deferment of proposed hike in tax for textiles is a gift for the industry, says Piyush Goyal
The GST council’s decision to defer the proposed increase in tax slab for textiles, from 5 per cent to 12
News
SCAORA moves Supreme Court for extension of limitation period in view of COVID surge
The Supreme Court Advocates-on-Record Association (SCAORA) has moved the Supreme Court seeking suspension of limitation period to file cases under
GST Recent News
CBIC starts initiative to boost GST mop-up
Central Board of Indirect Taxes and Customs (CBIC) has started a new initiative of holding meetings with officials of state
Important News
CBDT issued refunds of over Rs. 1,50,407 crore to more than 1.48 crore taxpayers from April 01, 2021 to January 03, 2022
As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (“CBDT”) has issued refunds of
GST Recent News
The question whether the cryptocurrency is a goods or services have left tax professionals perplexed
If you are bored with the government debate whether cryptocurrency is asset or currency, then now a new debate awaits