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According to a recent ruling by the Kerala Authority for Advance Ruling (AAR), tax reductions provided under Rule 32(5) of the Central Goods and Service Tax (CGST) Rules are not applicable when gold is not considered a second-hand commodit
The legality of the order made by the Commissioner of Service Tax, Mumbai-VII is under scrutiny in this appeal.
Here is an article on the basis of the news items that show-cause notices have been issued to various insurance companies in India and what action they have taken.
A Case Analysis of Concord Tieup Pvt. Ltd. vs The State of Madhya Pradesh
The consolidated form, being readied by the Central Board of Indirect Taxes and Customs, will allow the GST-payers to view all of their transactions as well as e-invoices.
The revenue department has decided to move Supreme Court against the Karnataka High Court order that quashed a Rs 21,000-crore GST show-cause notice on Bengaluru-based online gaming company Gameskraft.
Section 126 of the CGST Act lays down certain guiding principles that must be followed while imposing penalties under the GST regime. These principles ensure that the penalties are imposed fairly, objectively, and in a proportionate manner.
Delhi Finance Minister Kailash Gahlot said the collection of GST and VAT in the city was more than Rs.34,000 crores in 2022-23, and claimed Delhi will be a leading state for tax administration through the intervention of artificial intelligence.
Tomorrow i.e 31st May 2023 is the extended due date for Opt-in / Opt-out for Forward Charge / Reverse Charge for FY 2023-24 [Notification No.03/2022 - CT(R) dated 13.07.2022]
GST Council to meet on June 22-23 to discuss key issues. The GST Council is scheduled to meet on June 22-23 to discuss a number of key issues, including the extension of the compensation cess, rationalization of rates, and the implementation of e-way bill 3.0.
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