Category: GST

Clipped from: https://www.thehindubusinessline.com/news/fm-holds-discussions-with-icai-delegation-on-fraudulent-gst-refunds-other-issues-cbic/article65454148.ece On Saturday, members of the Gurugram chapter of the North Indian Regional Council of the ICAI took to the streets to protest against

Clipped from: https://www.thehindubusinessline.com/blexplainer/will-sc-order-disrupt-the-functioning-of-the-gst-regime/article65453284.ece What has the Supreme Court said about the GST Council’s recommendations?   The Supreme Court stirred a hornet’s nest by highlighting the fact that

Clipped from: https://www.business-standard.com/podcast/economy-policy/how-will-the-sc-ruling-affect-the-gst-framework-122052000107_1.html The Supreme Court ruled that GST on ocean freight paid for import of goods is unconstitutional. What does this mean for the GST

Clipped from: https://economictimes.indiatimes.com/small-biz/gst/taxpayers-can-now-claim-refund-of-igst-on-ocean-freight-experts-on-sc-judgement/articleshow/91720819.cms Synopsis Tax Connect Advisory Services Partner Vivek Jalan said this is a big relief for importers and GST taxpayers. “In fact those taxpayers

Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-why-it-is-impossible-to-continue-with-gst-law-in-its-present-form/articleshow/91728653.cms Synopsis ​​It was presumed that the introduction of a nationwide fiscal system would give the Centre exclusive power over indirect taxation. The court

lipped from: https://www.business-standard.com/article/opinion/sc-verdict-on-gst-council-s-recommendations-will-have-no-practical-impact-122052100548_1.html Why has no state, since July 2017 when GST was implemented, set different rates for itself? The answer is self-interest The Supreme Court’s

Clipped from: https://www.thehindubusinessline.com/news/govt-cuts-excise-duty-on-petrol-diesel-to-curb-inflation/article65443012.ece This will reduce the price of petrol by ₹9.5 per litre and of diesel by ₹7 per litre With the clear aim of

Clipped from: https://www.businesstoday.in/opinion/columns/story/sc-order-on-gst-council-are-we-going-back-to-the-dark-ages-of-indirect-taxes-334260-2022-05-19 The Supreme Court judgment could divide the country further economically and politically. By rendering the recommendations of the GST Council non-binding, the constitutionally

Clipped from: https://www.deccanherald.com/national/how-will-the-sc-ruling-affect-the-gst-framework-1111034.html The SC recently said the GST Council is not merely a constitutional body restricted to the indirect tax system in India Representative Image.

lipped from: https://www.thehindu.com/opinion/editorial/a-timely-reminder-the-hindu-editorial-on-supreme-courts-gst-verdict/article65439674.ece The Centre should be more conciliatory towards States’ fiscal dilemmas and GST concerns The Centre should be more conciliatory towards States’ fiscal dilemmas

lipped from: https://www.financialexpress.com/opinion/dont-muddy-the-waters/2532783/ It will be unfortunate if the SC judgment on GST Council is used for politicking The Supreme Court’s pronouncement on Thursday that the

lipped from: https://www.financialexpress.com/opinion/sc-judgement-on-gst-council-the-unravelling-of-gsts-uniformity-promise/2531472/ The Supreme Court, while deciding the correctness of the levy of IGST on ocean freight in the case of Union of India vs

Clipped from: https://www.financialexpress.com/industry/online-gaming-and-gst-in-india-is-the-adoption-of-global-best-practices-a-far-cry/2532168/ ‘The gaming industry has been waiting with hope and optimism for the outcome of the meeting of the Group of Ministers. However, it

Clipped from: https://www.financialexpress.com/opinion/sc-judgement-on-gst-council-the-unravelling-of-gsts-uniformity-promise/2531472/ The Supreme Court, while deciding the correctness of the levy of IGST on ocean freight in the case of Union of India vs

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sc-ruling-unlikely-to-alter-gst-regime-power-to-reject-councils-recos-never-used-revenue-secy/articleshow/91670317.cms Synopsis The recommendations of the GST Council, as per the Constitutional amendment, were always a guidance and never a mandatory compliance, Revenue Secretary

Clipped from: https://economictimes.indiatimes.com/news/economy/policy/supreme-courts-observation-in-ocean-freight-ruling-could-change-landscape-of-gst-framework-experts/articleshow/91659715.cms Synopsis The Supreme Court on Thursday, ruling has held that GST on ocean freight paid in case of import of goods is unconstitutional.

Read More: https://www.taxscan.in/no-excise-duty-on-goods-manufactured-on-job-work-basis-from-old-and-used-goods-supplied-by-principal-supplier-cestat/175466/ Clipped from: https://www.taxscan.in/no-excise-duty-on-goods-manufactured-on-job-work-basis-from-old-and-used-goods-supplied-by-principal-supplier-cestat/175466/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Excise%20Duty Top Stories By Jwala K.P – On May 17, 2022 2:31 pm The Ahmedabad Bench of Customs, Excise & Service Tax Appellate Tribunal (