Tax evasion cannot be presumed merely based on e-way bill expiry
The Hon’ble Telangana High Court in Satyam Shivam Papers Pvt. Ltd. v. Assistant Commissioner ST & Ors. [Writ Petition No. […]
Important Pronouncements
Notification And Circular, Notification and Circular
Notified provisions for scrapping GST Audit by professionals and moving to self-certification
Background: Section 110 and 111 of the Finance Act, 2021 (“Finance Act”) amended Section 35 and 44 of the Central
Notification And Circular, Notification and Circular
New IT Rules w.r.t. omission of certain Rules & Forms and electronic furnishing of returns, statements etc.
The CBDT vide Notification No. 83/2021, dated July 29, 2021 has issued the Income-tax (21st Amendment) Rules, 2021 to further
Important News
GSTN: Functionality to check status and update bank account details
The Goods and Services Tax Network (GSTN) has issued an Advisory dated July 29, 2021 w.r.t. functionality to check status
GST Recent News
Rationalisation of GST structure into three slabs on the cards: CEA Subramanian
The rationalization of the goods and services tax (GST) structure into three slabs by merging two existing slabs is on
GST Recent News
Centre-AP GST officers discuss plugging revenue leak through joint action
GST officers of Andhra Pradesh and the Central governments met here on Thursday to discuss ways to plug revenue leak
Important Pronouncements
Delhi HC set aside the order passed by the Assessing Officer as no personal hearing was granted to the assessee
In Naresh Kumar Goyal v. National Faceless Assessment Centre & Ors. [ W.P.(C) 6245/2021 & CM APPLs. 19753-54/2021 decided on
GST Recent News
Lower MRP on Covid-19 related drugs and devices after GST reduction
The GST Council has reduced GST rates on goods being used in COVID related management until September 30, 2021. The
GST Recent News
Revenue dept agrees to correct duty inversion in textiles, but GST Council defers matter
The Revenue Department has informed that an in-principle agreement has been reached on correcting duty inversion in the textiles sector
Important Pronouncements
HC imposed cost on GST Department for non-appearance and non-filing of counter-affidavit
In M/s. Anand and Anand v. Union of India & Ors. [W.P.(C) 2354/2021 & CM APPL. 6889/2021, decided on May