Good News: Government looks at more secure new duty refund plan for exporters
Hit by two anti-subsidy actions in the US and the European Union, government is looking to revamp the system for […]
News
GST Recent News
Travellers shifting to offline mode after GST on non-AC bus rides
The imposition of 5% GST on non-AC auto-rickshaw or bus rides bought online on platforms such as Ola, Uber, MakeMyTrip
GST Law, Important Pronouncements
Non-appearance of the Assessee for personal hearing on the date fixed by the GST Officer is not a violation of natural justice
The Hon’ble Andhra Pradesh High Court in the case of the TSN Old Iron Scrap Mechants v. Deputy/Assistant Commissioner of
GST Law, Important Pronouncements
Refund Application should not be rejected merely on the ground that the required documents are not supplied
The Hon’ble Delhi High Court in the case of Mittal Footcare v. Commissioner of Central Goods and Services Tax [W.P.
Income Tax, News
Tax officials raid 4 Noida builders, recover Rs 1,500 crore ‘unaccounted cash’
The Income Tax (I-T) department constituted 40 teams comprising as many as 250 officials to conduct searches at spots linked
GST Recent News
Budget expectation: EV industry seeks lower GST
The fast-growing electric vehicle (EV) industry is seeking good and services tax (GST) rate cut on components and an extension
Income Tax, News
LIC receives another Income Tax demand notice worth Rs 1,370.60 crore
Life Insurance Corporation (LIC) of India has been slapped with a tax notice amounting to Rs 1,370.60 crore by the
GST Recent News
Unclear Notices: High Court Summons GST Officials
The Gujarat High Court has recently demanded the presence of three senior officials from the state and central GST departments.
GST Law, Important Pronouncements
Assessee is not entitled to avail the remedy under writ petition when detailed order is passed by the Revenue Department
The Hon’ble Madras High Court in the case of Peter Tyres v. Assistant Commissioner of CGST & Excise [Writ Petition
Income Tax, News
Interim Budget 2024: Will standard deduction of Rs 50,000 get a hike; Know details here
The Interim Budget 2024 is just around the corner and the middle-class taxpayers are holding their breath, hopeful for some