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The Authority of Advance Ruling (AAR) Maharashtra came up with a ruling that clarifies that immovable properties with no distinct goods and services will attract Work Contracts. The said ruling comes into a case where Prasa Infocom & Power Solutions Private Limited is the applicant. And it is engaged in the business of providing data […]
Child adoption fee, paid by the soon-to-be parents does not come under the purview of Goods and Services Tax, according to the Maharashtra bench of the Authority for Advance Rulings. Since the adoption agencies do not provide any services that may promote their operations and children can also not be treated as goods, the imposition […]
After the Commercial Tax Department, by interrogating the utility of the bureau, Minister of M.P. State, Mr Brijendra Singh Rathore has issued the ultimatum for the closure of the Anti-Evasion Bureau.
This Article deals with defining and categorizing the transactions between the employer and employee from GST point of view.
Last year, the Government of India had collected Rs 7.41 lakh crore from Goods and Services Tax (GST) but it is expected that the government would collect Rs 13 lakh crore from GST during this year.
The new Financial year has begun amidst concerns for consecutively decreasing GST Revenues. Though the Government and the GST Council must have had a sigh of relief on Sunday after e-way bill platform was successfully launched post the disastrous first attempt on February 1st this year.
Electronic Bill or the e-way bill will come into effect from April 1, 2018. E-way bill is an important step towards India’s dream of becoming a digitally driven Tax Economy.
Director General Sunil Misra of Indian Electrical and Electronics Manufacturers Association (IEEMA) told the reporters that, We are of the view the electricity should be brought under Goods and Services Tax (GST) because the credit will be available and electricity will be cheaper.
On Wednesday, Union Finance Minister Arun Jaitley said that the GST Council members will discuss to be included real estate sector under the newly implemented Goods and Services Tax (GST) Regime.
