Whether nexus is required between ITC and Output tax liability
The AAR, Gujarat in the matter of M/s. Aristo Bullion Pvt. Ltd. [Advance Ruling No. GUJ/GAAR/R/15/2021, dated January 27, 2021] […]
Advance Ruling-New
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FinMin asks PSU banks to keep high vigil on any attempt to seize funds by Cairn
The finance ministry has asked public sector banks (PSBs) to be on high vigil against any attempt being made to
Important News
FAQs w.r.t. ad hoc exemption granted from IGST on imports of specified COVID-19 relief material
The CBIC has issued Frequently Asked Questions (FAQ’s) dated May 07, 2021 on ad hoc Exemption Order No. 4/2021-Customs dated May
Notification And Circular, Notification and Circular
Relaxations w.r.t. pending compliances, expiry of validity of LoAs, approvals or permissions in view of COVID-19 for SEZ industry
The Department of Commerce (SEZ Section) issued Instructions vide No. K-43022/7/2020-SEZ dated May 07, 2021 for pending compliances, expiry of
News
Tax refund scam: CBI books proprietor of private company in Tamil Nadu
The Central Bureau of Investigation, Chennai, registered a case against the proprietor of a Tamil Nadu-based private company (an approved
News
Do your due diligence before sending show cause notices on service tax defaults: CBIC tells officers
The Central Board of Indirect Taxes and Customs (CBIC) has directed its offices to not send show-cause notices (SCNs) for
Important Pronouncements
Anticipatory bail granted in case of absence of concrete incriminating evidence to implicate the assessee
The Hon’ble Kerala High Court in case of Abdul Shaji v. The Commissioner of Central Tax and Central Excise, The
Important Pronouncements
Anticipatory bail granted in case of absence of concrete incriminating evidence to implicate the assessee
The Hon’ble Kerala High Court in case of Abdul Shaji v. The Commissioner of Central Tax and Central Excise, The
Important Pronouncements
Anticipatory bail granted in case of absence of concrete incriminating evidence to implicate the assessee
The Hon’ble Kerala High Court in case of Abdul Shaji v. The Commissioner of Central Tax and Central Excise, The
GST Recent News
Covid second wave to have muted impact on economy: Finance Ministry
The union finance ministry has said that the ongoing second wave of the Covid-19 pandemic will have a muted economic