Exercise of Cleansing, updation of IEM data to eliminate obsolete data taken up by DPIIT
An exercise of cleansing and updation of IEM data has been taken up by the Department of Promotion of Industry […]
Press Release, Press Release
Important Pronouncements
Providing loans to borrowers by the bank does not amount to service
In State Bank of Patiala v. Commissioner, Central Excise & Central Goods & Services Tax [Service Tax Appeal No. 52160
Advance Ruling-New
Works Contract taxable at 12% with ITC for services provided by sub-contractor to contractor for NHAI
In Building Roads Infrastructure & Construction Pvt. Limited. [AAR No. 07/ AP/GST/2021 dated January 18, 2021], Building Roads Infrastructure &
Important Pronouncements
Telangana HC directed Customs Commissioner to amend BOE so as to enable importer to take refund of excess CVD paid
In M/s. Sony India (P) Ltd. v. Union of India [Writ petition no. 4793 of 2021 dated August 12, 2021]
Important Pronouncements
Service Tax not applicable on GTA Service as Carting Challan, not equivalent to Consignment Note
In Mukesh Kumar Jaiswal v. Commissioner (Appeals) [Service Tax Appeal No. 53294 of 2018-SM dated July 26, 2021], Mukesh Kumar
GST Recent News
Rs 41 lakh seized from 2 firms during bogus billing checks
On suspicion of bogus billing, the state GST department, Ludhiana, conducted inspections at four firms that are into the edible
GST Recent News
Complete GST Chain to Boost Exports
The imaginatively named, 8,555-product and 12,544 crore, Remission of Duties and Taxes on Exported Products (RoDTEP) scheme is neither efficient
Advance Ruling-New
Whether ITC is not available to Sub Contractor on goods purchased on own account for Works Contract Services
In M/s. Karthikeya Projects [AAR No.09/AP/GST/2021 dated January 19, 2021], M/s. Karthikeya Projects (“the Applicant”) being a sub-contractor providing works
News
CBIC aims removing roadblocks for faster clearance of export cargo
After Prime Minister Narendra Modi’s meeting in regard to boosting exports, the Central Board of Indirect Taxes and Customs (CBIC)
Important Pronouncements
Faceless Assessment Order stayed for non issuance of Draft Assessment Order & Show Cause Notice
In Aravali Shikshan Avum Anusandhan Sansthan v. National E-Assessment Centre & Others [S.B. Civil Writ Petition No.8256/2021 dated August 4,