Commerce department for RoDTEP budget hike to Rs 20,000 crore
The Department of Commerce (DoC) has recommended increasing the budget of the Remission of Duties and Taxes on Export Products (RoDTEP) scheme to Rs 20,000 crore […]
News
Notification And Circular, Notification and Circular
Clarification regarding GST rate on construction services provided to a Government Entity w.r.t construction of a Ropeway on turnkey basis
The CBIC vide Circular No. 152/08/2021-GST dated June 17, 2021 clarified that works contract service provided by way of construction
Notification And Circular, Notification and Circular
Clarification regarding GST rate on laterals/parts of Sprinklers or Drip Irrigation System
The CBIC vide Circular No. 155/11/2021-GST dated June 17, 2021 clarified the intention of notifying GST rate on laterals/parts of
GST Recent News
GCCI urges Goa CM to withdraw additional COVID cess on GST for pharma industry
Goa Chamber of Commerce and Industry (GCCI) has written to state Chief Minister Pramod Sawant urging him to withdraw additional
GST Recent News
BEST liable to pay GST to operator of mini-AC buses, holds AAR
The GST-Authority for Advance Rulings (GST-AAR), Maharashtra bench, held that BEST would be liable to pay Goods and Services Tax
GST Recent News
Finance ministry notifies new reduced GST rates on Covid essentials
The finance ministry has notified the new reduced goods and services tax (GST) rates on Covid essentials but remained silent
Press Release, Press Release
Net Direct Tax collections for the F.Y. 2021-22 have grown at over 100%
The figures of Direct Tax collections for the Financial Year 2021-22, as on June 15, 2021 show that net collections
Important News
Various functionalities made available for Taxpayers on GST Portal in May, 2021
The Goods and Services Tax Network (GSTN) has issued module wise new functionalities deployed on the GST Portal in May,
Important Pronouncements
Divergent opinion on constitutional validity of Section 13(8)(b) IGST Act pertaining to intermediary services
The Hon’ble Bombay HC in Dharmendra M. Jani v. Union of India [W.P. No. 2031 of 2018 dated June 09,
Notification And Circular, Notification and Circular
Corrected the HSN Code of hand sanitizer in the NN 5/2021- CT(R) dated June 14, 2021
Background: The CBIC vide Notification No. 5/2021- Central Tax (Rate), dated June 14, 2021 had reduced the CGST rate on