Kerala FM seeks extension of GST compensation beyond June 2022
Kerala Finance Minister K N Balagopal on Saturday pitched for extending the GST compensation beyond June next year as he […]
GST Recent News
GST Recent News
GST Council’s decision to correct inverted duty structure to lessen tax burden of apparel industry: AEPC
The Apparel Export Promotion Council (AEPC) on Saturday said the decision of the GST Council to correct inverted duty structure on textiles from January 1, 2022
Important Pronouncements
CESTAT allows Cenvat credit for skill competition between dealers and employees
In M/S MARUTI SUZUKI INDIA LTD. v. COMMISSIONER OF CE & ST, GURUGRAM [FINAL ORDER NO. 60893/2021 dated September 07,
Important Pronouncements
Assertions can’t be verified in absence of documents like shipping bills for GST refund
In M/S. UPS INVERTER.COM & ANR. v. UNION OF INDIA & ANR. [W.P.(C) 4284/2021 dated September 09, 2021], M/S. UPS
Important Pronouncements
Audits cannot be performed by Income Tax Practitioners as special aptitude training retained by Chartered Accountants only
In T.D. Venkata Rao. v. Union of India [Appeal (civil) 2824 of 1992 dated December 08, 1998], the appeal in
Important News
Enabled self-service functionality on GST Portal to search Bill of Entry details which did not auto-populate in GSTR-2A
The Goods and Services Tax Network (GSTN) has issued an Advisory dated September 17, 2021 for taxpayers regarding on-demand fetching
Important News
Extension of time limit for generating UDIN from 15 to 60 days from the date of signing of audit report
Standard on Quality Control (SQC 1) on Retention Period for Engagement Documentation (Working Papers) requires firms to establish policies and
Important News
GST Council rejects proposal to levy 1% COVID cess on intra-state pharma supplies in Sikkim
As per the recent tweet of CNBC-TV18, Sources say the GST Council rejects proposal to levy 1% COVID cess on
Important News
Import of certain life saving expensive drugs for personal use exempted from IGST
As per the recent tweet of PIB in Maharashtra, Drugs were suggested by the Ministry of Health and Family Welfare,
Important News
GST rate on UPS & external battery to be at par
As per the recent tweet of CNBC-TV18, Sources say the GST Council has approved Fitment Committee’s proposal to treat UPS