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Towards the GST law, the center has started doing the examination. Several guidelines and numerous laws directed the levy to give transparency upon the problems that were cut since it was begun in July 2017. The purpose of the review is to clear the air on problems like if the services given through back offices […]
Worth Mentioning here that in the wake of the Corona wave, The Ministry of Corporate Affairs has done a commendable job by creating a conducive atmosphere due to which 36,191 new companies were incorporated in merely 3 months from April to June 2021. As compared to the same timespan in the previous year i.e. April […]
Many people may not know that there is a constitutional office of the ‘Directorate General of the Goods and Services Tax Intelligence’. The Gujarat High court has in a recent decree held that DGGI officers are completely empowered to issue the summons to the taxpayers as per the Central Goods and Services Tax Act, 2017 […]
Private Coaching centres have not been spared from paying taxes. This ruling has been given by the Appellate Authority on Advance Ruling (AAAR), Kerala. Private Coaching Centres shall have to pay GST Check out due dates of payment under GST for general and composition taxpayers in India. We have included penalty charges on late payment […]
The Authority for Advance Ruling, Karnataka has recently held that the difference between the buying price and the selling price of second-hand jewellery shall be the base value for levying the Goods and Services Tax (GST). Experts believe that the aforesaid ruling shall bring a lot of clarity on various aspects of taxation and shall […]
Curiously, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) passed a ruling for the doctor and hospitals on Tuesday that the payment that is made by the assessee hospital to the consultant doctors shall be the subject of professional payments and Tax Deducted at the source shall be applicable in the aforesaid case […]
Worth mentioning that to put an end to the pending disputed GST refund-related claims and for lessening future disputes, the Government does not need to introduce structural changes or make amendments in the tax law. For facilitating the taxpayers, the government needs to introduce a hassle-free mechanism. And an apt refund mechanism is a prerequisite […]
The various groups and stakeholders of The Micro Small and Medium-scale Enterprises (MSMEs) have requested the State Government to further request the Union Government to extend the deadline of payment of GST Check out due dates of payment under GST for general and composition taxpayers in India. We have included penalty charges on late payment […]
The Karnataka Authority of Advance Ruling (AAR) has passed a ruling that no GST shall be imposed on the composite supply of the healthcare services. Here in this case the applicant is Messrs Saint Thomas Hospital that is a multi-specialty hospital that provides health care services Check out the brief details of GST impact on […]