Confusion over GST on annuity from govt: Infra companies under taxman’s lens
Several infrastructure companies that are building highways have come under the tax department’s scrutiny for misinterpretation of the word “annuity” […]
GST Recent News
Press Release, Press Release
Revenue Deficit Grant of Rs. 9,871 crore released to 17 States
The Department of Expenditure, Ministry of Finance, has released the 4th monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of
Important Pronouncements
Court cannot condone the delay for rectification of GSTR-1 beyond the specified period in the statute
The Hon’ble Calcutta High Court in Abdul Mannan Khan v. the GST Council & Ors. [WPA 236 of 2020 dated
Press Release, Press Release
Response from Ministry of Finance on reports relating to freezing of Indian assets in France
There have been news reports that Cairn Energy has seized/ frozen State owned property of the Government of India in
Important News
Various facilities on ICEGATE/GSTN Portal not available during Disaster Recovery Drill from 9th to 11th July, 2021
The Directorate General of Systems, Central Board of Indirect Taxes and Customs (CBIC) would be conducting a planned Customs Maintenance
Press Release, Press Release
Cabinet approves MoU between ICoAl and the ACCA, UK
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Memorandum of Understanding (MoU) between Institute of
GST Recent News
Plea for no GST levy on royalty, dead rent paid by mining concession holders
A petition has been filed before the Punjab and Haryana high court seeking directions not to levy the goods and
Important News
Upcoming functionalities to be deployed on GST Portal in the month of July, 2021
The Goods and Services Tax Network (GSTN) has issued Advisory dated July 09, 2021 for upcoming functionalities to be deployed
GST Recent News
Alcohol-based hand sanitisers to attract 18% GST
The Karnataka Appellate Authority of Advance Ruling (AAAR) has ruled that 18 percent GST is payable on alcohol-based hand sanitisers as it
GST Recent News
Bring Petrol, Diesel under GST to Reduce Fuel Rates: Trade Body
The Chamber of Trade and Industry (CTI) on Thursday asked the government to bring petrol and diesel under the ambit