https://www.business-standard.com/economy/news/insurers-gave-fake-invoices-when-quizzed-on-tax-credit-claims-officials-123072600388_1.html Clipped from: https://www.business-standard.com/economy/news/insurers-gave-fake-invoices-when-quizzed-on-tax-credit-claims-officials-123072600388_1.html GST E-way bill is a document used to trace goods in transit to verify the authenticity of input credit claims Tax officials
Category: GST
कर आकारणीचा जुगार! | Lottery Gambling GST Council tax Online game | Loksatta
https://www.loksatta.com/sampadkiya/features/lottery-gambling-gst-council-tax-online-game-amy-95-3814087/ Clipped from: https://www.loksatta.com/sampadkiya/features/lottery-gambling-gst-council-tax-online-game-amy-95-3814087/ जुन्या व नव्या कर आकारणीतील फरक समजा १० जण ऑनलाइन गेम खेळताहेत, त्यासाठी त्यांनी गेमिंग कंपनीकडे प्रत्येकी १०० रुपये जमा केले आहेत.
Cocoa in Chikki: pay 13% more GST, rules Karnataka’s Authority for Advance Ruling – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/cocoa-in-chikki-pay-13-more-gst-rules-karnatakas-authority-for-advance-ruling/article67112594.ece Clipped from: https://www.thehindubusinessline.com/economy/cocoa-in-chikki-pay-13-more-gst-rules-karnatakas-authority-for-advance-ruling/article67112594.ece Sirimiri Nutrition Food Products submitted that chikkies are to be taxed at 5% GST Cocoa can add a 13 per cent tax on
👍👍👍👍👍Over 5,000 cases of PAN/Aadhaar misuse to claim ITC identified – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece Clipped from: https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece While Maharashtra tops the list in number of cases, Delhi leads in terms of amount fraudulently availed and detected Central GST Administration
Is tax regime for online gaming fair? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/is-tax-regime-for-online-gaming-fair/article67102633.ece Clipped from: https://www.thehindubusinessline.com/opinion/is-tax-regime-for-online-gaming-fair/article67102633.ece The GST Council’s decision to tax online gaming at 28 per cent and applying that to the entire value of the transaction
GST Registration Cancellation Order not issued by Proper Officer: Delhi HC directs to Approach Authorities for Re-examination
Clipped from: https://www.taxscan.in/gst-registration-cancellation-order-not-issued-by-proper-officer-delhi-hc-directs-to-approach-authorities-for-re-examination/301291/ A Division Bench of Delhi High Court while entering a writ petition regarding the cancellation of the Goods and Services Tax (GST) Registration, directed the
👍👍👍👍👍👍👍Analysis of 9 GST Circulars issued by CBIC on 17th July 2023
https://taxguru.in/goods-and-service-tax/analysis-9-gst-circulars-issued-cbic-17th-july-2023.html Clipped from: https://taxguru.in/goods-and-service-tax/analysis-9-gst-circulars-issued-cbic-17th-july-2023.html The Central Board of Indirect Taxes & Customs (CBIC) has issued a series of circulars numbered from 192/04/2023-GST to 199/11/2023-GST on 17th
👍👍👍👍👍👍👍Measures for GST streamlining compliances: 50th GST Council Meeting
https://taxguru.in/goods-and-service-tax/measures-gst-streamlining-compliances-50th-gst-council-meeting.html Clipped from: https://taxguru.in/goods-and-service-tax/measures-gst-streamlining-compliances-50th-gst-council-meeting.html Measures for streamlining compliances in GST GST Council meetings hit the half-century on 11 July 2023. Various recommendations were made in the 50th GST
👍👍👍👍👍👍👍GST Refund on Export based on FOB value: A Partial Settlement!
https://taxguru.in/goods-and-service-tax/gst-refund-export-based-fob-partial-settlement.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-refund-export-based-fob-partial-settlement.html The 50th Meeting of the GST Council was held on 11th July, 2023 in New Delhi, under the chairpersonship of the Union Finance & Corporate Affairs
👍👍👍👍👍👍👍GST on services exported but consideration not received
https://taxguru.in/goods-and-service-tax/gst-services-exported-consideration-received.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-services-exported-consideration-received.html From time to time, the Indian government comes up with numerous schemes and incentives for exporters in order to enhance the market
👍👍👍👍👍👍👍No Interest on Wrongly availed IGST time period starting from availment and up to its Reversal CBIC clarifies
Clipped from: https://www.taxscan.in/no-interest-on-wrongly-availed-igst-time-period-starting-from-availment-and-up-to-its-reversal-cbic-clarifies-read-circular/300974/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Interest%20on%20Wrongly%20availed%20IGST%20time%20period%20starting%20from%20availment%20and%20up%20to%20its%20Reversal%20CBIC%20clarifies With respect to the recommendations of the 50th Goods and Services Tax (GST) Council issued circular No. 192/04/2023-GST on 17th July 2023, the Central Board of
👍👍👍👍👍👍👍GST: CBIC Clarifies Refund Related Issues
Clipped from: https://www.taxscan.in/gstcbic-clarifies-refund-related-issues/301014/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST:%20CBIC%20Clarifies%20Refund%20Related%20Issues The Central Board of Indirect Taxes and Customs (CBIC) has issued clarification on the Goods and Services Tax (GST) refund related issues vide circular no. 197/09/2023- GST
E-Invoice Mandatory for GST Registered Persons on Supply to Government Departments Solely Registered for TDS purpose: CBIC
Read More: https://www.taxscan.in/e-invoice-mandatory-for-gst-registered-persons-on-supply-to-government-departments-solely-registered-for-tds-purpose-cbic-read-circular/300849/ Clipped from: https://www.taxscan.in/e-invoice-mandatory-for-gst-registered-persons-on-supply-to-government-departments-solely-registered-for-tds-purpose-cbic-read-circular/300849/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=E-Invoice%20Mandatory%20for%20GST%20Registered%20Persons%20on%20Supply%20to%20Government%20Departments%20Solely%20Registered%20for%20TDS%20purpose:%20CBIC The Central Board of Indirect Taxes and Customs (CBIC) issued vide circular no. 198/10/2023-GST on July 17th 2023 clarifying the mandatory e-invoice for
👍CGST Rule 89(4) or 89(4B)? Refund issue can snowball into major problem
https://www.business-standard.com/opinion/columns/cgst-rule-89-4-or-89-4b-refund-issue-can-snowball-into-major-problem-123071600648_1.html Clipped from: https://www.business-standard.com/opinion/columns/cgst-rule-89-4-or-89-4b-refund-issue-can-snowball-into-major-problem-123071600648_1.html Rule 96A of the CGST Rules, 2017, allows export of goods without payment of IGST after furnishing a bond or letter of
When is a corporate guarantee taxable? – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/when-is-a-corporate-guarantee-taxable/article66927544.ece Clipped from: https://www.thehindubusinessline.com/business-laws/when-is-a-corporate-guarantee-taxable/article66927544.ece GST law may deem a corporate guarantee for a related party as supply of service, but this remains a grey zone The
Online gaming firms, bodies seek review of 28% GST in open letter – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/online-gaming-firms-bodies-seek-review-of-28-gst-in-open-letter/article67084071.ece Clipped from: https://www.thehindubusinessline.com/economy/online-gaming-firms-bodies-seek-review-of-28-gst-in-open-letter/article67084071.ece Online gaming companies, industry bodies have jointly signed a letter, said that it will ‘reverse the growth trajectory’ Almost 130 online gaming
All for our own ‘good’? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/all-for-our-own-good/article67087455.ece Clipped from: https://www.thehindubusinessline.com/opinion/all-for-our-own-good/article67087455.ece The high tax rate on sin goods, governments justify, is to save us from our addictions. But due to inelastic demand, consumption
👍👍👍👍👍👍👍Taxability of GST on Stock Transfer of Goods
https://taxguru.in/goods-and-service-tax/taxability-gst-stock-transfer-goods.html Clipped from: https://taxguru.in/goods-and-service-tax/taxability-gst-stock-transfer-goods.html Introduction: The taxability of stock transfers of goods is a crucial aspect under the GST regime. Stock transfers, which have been prevalent in
👍👍👍👍👍👍👍Bombay HC Allows Petitioner’s Advocate during GST Statement Recording
https://taxguru.in/goods-and-service-tax/bombay-hc-allows-petitioners-advocate-gst-statement-recording.html Clipped from: https://taxguru.in/goods-and-service-tax/bombay-hc-allows-petitioners-advocate-gst-statement-recording.html In a significant ruling, the Bombay High Court, in the case of Shri Prakash Kumar Rameshbhai Patel v. State of Maharashtra [Criminal Writ
👍Bombay High Court Sets Time Limit for GST Tribunal Appeals
https://taxguru.in/goods-and-service-tax/bombay-high-court-sets-time-limit-gst-tribunal-appeals.html Clipped from: https://taxguru.in/goods-and-service-tax/bombay-high-court-sets-time-limit-gst-tribunal-appeals.html Essar Steel Suppliers Vs Union of India & Ors. (Bombay High Court) In a recent case, M/s Essar Steel Suppliers v. Union