Clipped from: https://www.thehindubusinessline.com/economy/coaching-institutes-need-to-pay-gst-on-composite-supply-basis-clarifies-cbic/article65074062.ece Isometric online distance education, training, courses. Student character sitting at desk, studying at computer, writing university exam, learning homework. Landing page template, 3d
Category: GST
Refund under CST Act shall be granted to Person on whom lay Ultimate Tax Burden: Gujarat High Court–TAXSCAN
Clipped from: https://www.taxscan.in/refund-under-cst-act-shall-be-granted-to-person-on-whom-lay-ultimate-tax-burden-gujarat-high-court/157552/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Tax%20Burden Top Stories By Rasheela Basheer – On March 2, 2022 1:47 pm A two-judge bench of the Gujarat High Court has held that only the persons on whom
New Registration and Amendment of Address for existing GST Registration requires Geo Location on GST Portal: GSTN–TAXSCAN
lipped from: https://www.taxscan.in/new-registration-and-amendment-of-address-for-existing-gst-registration-requires-geo-location-on-gst-portal-gstn/157580/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=E-Way%20Bill Top Stories By Abdullah Karuthedakam – On March 2, 2022 2:39 pm The Goods and Services Tax Network ( GSTN ) has enabled the new feature ‘Geo-location’ for
Amount Deposited in the Absence of Requisite SCN is liable to be Refunded: CESTAT–TAXSCAN
Read More: https://www.taxscan.in/amount-deposited-in-the-absence-of-requisite-scn-is-liable-to-be-refunded-cestat/157657/ Clipped from: https://www.taxscan.in/amount-deposited-in-the-absence-of-requisite-scn-is-liable-to-be-refunded-cestat/157657/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CESTAT Top Stories By Jwala K.P – On March 2, 2022 7:34 pm The Principle Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ),New
Builder eligible for Service Tax Refund on Refund to Customers on cancellation of Sale of Flats: CESTAT—TAXSCAN
Clipped from: https://www.taxscan.in/builder-eligible-for-service-tax-refund-on-refund-to-customers-on-cancellation-of-sale-of-flats-cestat/157629/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Builder Top Stories By Rasheela Basheer – On March 2, 2022 5:14 pm The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench has held that the
Madras HC quashes Prosecution proceedings against Assessee having two PANs where he didn’t use Second PAN for any Transaction–TAXSCAN
Read More: https://www.taxscan.in/madras-hc-quashes-prosecution-proceedings-against-assessee-having-two-pans-where-he-didnt-use-second-pan-for-any-transaction/157815/ Clipped from: https://www.taxscan.in/madras-hc-quashes-prosecution-proceedings-against-assessee-having-two-pans-where-he-didnt-use-second-pan-for-any-transaction/157815/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=PAN Top Stories By Abdullah Karuthedakam – On March 3, 2022 12:43 pm The Madras High Court has quashed the Prosecution proceedings against Assessee having
GST Evasion: CBIC cautions against Sharing Aadhaar, PAN Details without Valid Reasons–TAXSCAN
Read More: https://www.taxscan.in/gst-evasion-cbic-cautions-against-sharing-aadhaar-pan-details-without-valid-reasons/158020/ Clipped from: https://www.taxscan.in/gst-evasion-cbic-cautions-against-sharing-aadhaar-pan-details-without-valid-reasons/158020/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBIC Top Stories By Taxscan Team – On March 3, 2022 8:53 pm The Central Board of Indirect Taxes and Customs ( CBIC ) has
CBI arrests Chartered Accountant and GST Joint Commissioner in Bribery Case–TAXSCAN
Clipped from: https://www.taxscan.in/cbi-arrests-chartered-accountant-and-gst-joint-commissioner-in-bribery-case/158049/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBI Top Stories By Abdullah Karuthedakam – On March 4, 2022 8:13 am The Central Bureau of Investigation ( CBI ) Anti-Corruption Branch has arrested a Chartered
GST Compliance Default: Calcutta HC directs Dept to restore GST Registration within 7 Days
Clipped from: https://www.taxscan.in/gst-compliance-default-calcutta-hc-directs-dept-to-restore-gst-registration-within-7-days/158069/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GST%20Compliance Top Stories By Rasheela Basheer – On March 4, 2022 10:02 am A two-judge bench of the Calcutta High Court, while allowing a writ petition against the order
GST: Input-Output Ratios shall be considered to determine Refund of Unutilized ITC, rules Gujarat HC–TAXSCAN
Clipped from: https://www.taxscan.in/gst-input-output-ratios-shall-be-considered-to-determine-refund-of-unutilized-itc-rules-gujarat-hc/158090/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Input-Output%20Ratios Top Stories By Taxscan Team – On March 4, 2022 11:29 am A two-judge bench of the Gujarat High Court consisting Justice J.B.Pardiwala and Justice Nisha M.Thakore has
GST Dept cannot ignore effects of Technical Glitches in GSTN: Gujarat HC allows Manual filing of GSTR-6–TAXSCAN
Clipped from: https://www.taxscan.in/gst-dept-cannot-ignore-effects-of-technical-glitches-in-gstn-gujarat-hc-allows-manual-filing-of-gstr-6/158153/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GSTR-6 Top Stories By Jwala K.P – On March 4, 2022 1:48 pm The Gujarat High Court held that the department cannot raise their hands in despair
GST will be applicable on partner’s property rented to partnership firm, AAR clarifies – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/gst-will-be-applicable-on-partners-property-rented-to-partnership-firm-aar-clarifies/article65185248.ece Liable even if rent NIL Goods & Services Tax is required to be paid for the properties rented out by a partner to
The Input Tax Credit Conundrum Under GST–TAXSCAN
Read More: https://www.taxscan.in/the-input-tax-credit-conundrum-under-gst/154525/ Clipped from: https://www.taxscan.in/the-input-tax-credit-conundrum-under-gst/154525/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ITC Columns By CA Puneeth BS & CA Alfred Avinash – On February 14, 2022 2:07 pm Background The GST law, as introduced wastouted to be
Bombay High Court directs GST Department to issue Norms for Issuance of Summons during Investigations
Clipped from: https://www.taxscan.in/bombay-high-court-directs-gst-department-to-issue-norms-for-issuance-of-summons-during-investigations/156727/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Summons Top Stories By Abdullah Karuthedakam – On February 26, 2022 1:45 pm The division bench of Justice R D Dhanuka and Justice S M Modak of
Society claiming GST Exemption of Rs.7500 cannot avail ITC on Input Services: AAR
Clipped from: https://www.taxscan.in/society-claiming-gst-exemption-of-rs-7500-cannot-avail-itc-on-input-services-aar/139006/ Top Stories By Mariya Paliwala – On November 5, 2021 3:22 pm The Maharashtra Authority of Advance Ruling (AAR) ruled that the Society claiming GST Exemption of Rs.7500
NRI Income Tax: If a resident turns NRI, what would be income tax implication on existing investments?
Clipped from: https://economictimes.indiatimes.com/wealth/tax/if-a-resident-turns-nri-what-would-be-income-tax-implication-on-existing-investments/articleshow/89717911.cms Synopsis On the sale of such shares or mutual funds, the NRI shall be liable to pay capital gains tax on the transfer
Explain stance on notices to companies over affiliates: Gujarat HC tells tax department – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/explain-stance-on-notices-to-companies-over-affiliates-gujarat-hc-tells-tax-department/articleshow/89828820.cms Synopsis The Gujarat High Court has asked the tax department to explain its stance on notices issued to Indian companies that were providing
Higher tax likely on unhealthy foods – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/food/fat-fight-higher-tax-likely-on-unhealthy-foods/articleshow/89836539.cms Synopsis At present, non-branded namkeens, bhujias, fruit and vegetable chips and snack foods are charged 5% GST. For branded and packaged items, the
From April 1, GST e-invoice mandatory for businesses with Rs. 20-crore turnover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/from-april-1-gst-e-invoice-mandatory-for-businesses-with-rs-20-crore-turnover/article65085685.ece Standardisation and inter-operability to reduce disputes, cut processing costs The threshold of issuing GST e-invoice (electronic invoice) has been lowered to Rs. 20-crore
ITC fraud: Proprietor of a metal scrap firm arrested – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/itc-fraud-proprietor-of-a-metal-scrap-firm-arrested/articleshow/89690744.cms Synopsis According to the GST, the Raigad Commissionerate has detected tax evasion of Rs. 675 Crore and recovered Rs. 403 Crore and arrested