Clipped from: https://taxguru.in/goods-and-service-tax/itc-eligible-preceding-seller-discharged-gst-liability.html In re Vimal Alloys Pvt. Ltd. (GST AAR Punjab) Question 1. Whether the purchaser is entitled to claim Input Tax Credit on the purchases
Author: Anil R Tikotekar
👍Advisory on Mandatory reporting of 6 digit HSN codes
Clipped from: https://taxguru.in/goods-and-service-tax/advisory-mandatory-reporting-6-digit-hsn-codes.html Mandatory reporting of 6 digit HSN codes as per Notification No. 78/2020 – Central Tax dated 15/10/2020 Attention Taxpayers As per the Notification No.
👍👍👍Assessment orders passed without affording opportunity of hearing to assessee is violative of principles of natural justice
Clipped from: https://taxguru.in/goods-and-service-tax/assessment-orders-passed-affording-opportunity-hearing-assessee-violative-principles-natural-justice.html Hon’ble Madras High Court in M/s. Novateur Electrical & Digital Systems Pvt. Ltd v. the Assistant Commissioner (ST) and Ors. has quashed the assessment orders
👍Quote worth sharing –Taxguru 11.3.23
A tax loophole is something that benefits the other guy. If it benefits you, it is tax reform.” – Russell B. Long Read more at:
👍Bank Run: SVB stock price falls over 40% in pre-market after tanking 60% on Thursday | The Financial Express
Clipped from: https://www.financialexpress.com/investing-abroad/featured-stories/bank-run-svb-stock-price-falls-over-40-in-pre-market-after-tanking-60-on-thursday/3004993/ SVB could be one of the first casualties of the US Fed’s unprecedented rate hikes. SVB announced the sale of billion of dollars
👍Incentives for promoting MF investment must be reimagined – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/incentives-for-promoting-mf-investment-must-be-reimagined/article66600368.ece With instances of AMCs and their intermediaries indulging in sharp practices to claim B-30 incentives surfacing, SEBI is right in suspending this giveaway
–DigiLocker: How to download driving license online – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/how-to/digilocker-how-to-download-driving-license-online/article66600119.ece Digilocker service makes it easy to download driving license Use of DigiLocker by a resident in Chennai. | Photo Credit: PICHUMANI K For
👍SVB jitters spook global stocks: Here’s everything we know about the bank right now – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/svb-jitters-spook-global-stocks-heres-everything-we-know-about-the-bank-right-now/article66602702.ece SVB stock plunged 60% on Thursday. Notably, it is the only publicly-traded bank in the US with a focus on Silicon Valley and
–Widening protectionism | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/widening-protectionism-123030901284_1.html Quality control should not be made a non-tariff barrier Once a government gives in to protectionism, its control of trade and manufacturing inevitably