Is Purified Drinking water supplied at affordable price taxable @ 18%
In Re: M/S. Vijayavahini Charitable Foundation [AAR No. 14 /AP/GST/2021 decided on March 20, 2021] wherein M/S. Vijayavahini Charitable Foundation […]
Advance Ruling-New
GST Recent News
GST: E-way bill generation gathers pace in August, 2021
Daily e-way bill generation for goods transportation under the goods and services tax (GST) system came in at 20.5 lakh
GST Recent News
Double tax for NFTs: Deals may attract GST, equalisation levy
After cryptocurrencies, the non-fungible token or NFT has attracted the taxman’s attention as any purchase of the blockchain digital file will attract
Notification And Circular, Notification and Circular
Government ‘restricts’ export policy of COVID-19 Rapid Antigen testing kits
The Directorate General of Foreign Trade vide Notification No. 18/2015-2020 dated August 16, 2021 has put restriction on export of
News
SEZs may get freedom to sell at home, too; forex condition to go
The Centre is considering giving full flexibility to SEZ units on selling their products in the international or domestic market,
News
No cut in excise duty on petrol, diesel for now; have to pay for past oil bonds: FM Sitharaman
Finance Minister Nirmala Sitharaman on Monday said that there will be no cut in excise duty on fuel as of
Newsletter
Weekly GST Communique dated August 16, 2021
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
News
New income tax portal glitches to be fixed in next few days: FM Nirmala Sitharaman
With glitches still haunting the new income tax portal, Union Finance Minister Nirmala Sitharaman on Monday said the Infosys-developed website will
Important Pronouncements
Depreciation on Tenancy Rights allowable under the Income Tax Act
In M/s Premier Book Company v. The Additional. C.I.T Circle- 30(1) New Delhi [ITA No. 5149/DEL/2014 dated August 11, 2021],
Press Release, Press Release
CA arrested in an alleged involvement in Bank Fraud case
The Enforcement Directorate (“ED”) on August 13, 2021 has arrested a Delhi based Chartered Accountant Raman Bhuraria (“the Accused”) for