Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
In a recent decision, the Calcutta High Court held that stereo systems used in the manufacturing of e-rickshaws qualify as ‘inputs’ under the GST framework and are eligible for a refund of unutilised Input Tax Credit (ITC) under Section 54(3)(ii) of the GST Act, 2017. The applicant, Hooghly Motors Pvt. Ltd., had asked for a […]
The Karnataka High Court held that marketing and technical support services provided by the taxpayer to its foreign parent are entitled to be treated as an export of services under the IGST Act (Integrated Goods and Services Tax) and do not constitute intermediary services. Justice S.R. Krishna Kumar said that the place of supply of […]
The traditional perception of tax software has often been one of complexity, marked by numerous steps, frequent interruptions, and ongoing concerns about potential errors. SAG Infotech has taken a different approach by redesigning tax software to create a seamless and interconnected process that aligns with the working habits of tax professionals. Rather than overwhelming users […]
The Calcutta High Court has granted interim relief in a challenge to a time-barred demand made under Section 73 of the West Bengal Goods and Services Tax Act, 2017 (WB GST Act), by temporarily halting the recovery process and directing the deposit of 10% of the disputed tax amount so that it may fully consider […]
The Allahabad High Court has declined to intervene at the preliminary stage regarding a show cause notice issued under Section 74 of the Uttar Pradesh Goods and Services Tax (UP GST) Act, 2017, which alleges the use of fraudulent input tax credit (ITC). However, the Court has instructed the GST department to provide all detrimental […]
The Gauhati High Court, in a ruling addressing one of the most litigated issues under the Goods and Services Tax regime, has held that input tax credit (ITC) cannot be denied to a bona fide purchaser merely because the supplier failed to upload invoices or file appropriate returns. The Court observed that shifting the consequences […]
Tax Deducted at Source (TDS) is a crucial part of India’s tax collection framework, as it facilitates the collection of tax at the point of income generation. Managing TDS obligations comprises a recurring and crucial responsibility for professionals such as chartered accountants, tax consultants, company accountants, and compliance managers. The process comprises distinct steps: calculation, […]
The Gujarat Authority for Advance Ruling (AAR) has announced that activities related to planting and caring for trees by a Trust in places that aren’t classified as forests can be exempt from GST. This includes areas like empty land, along roads, in the middle of lanes, on private property, and other suitable spots that the […]
The Ministry of Corporate Affairs (MCA) has announced new rules regarding the Appointment and Qualifications of Company Directors. These changes apply to directors who hold a Director Identification Number (DIN) under the Companies Act, 2013. The updated regulations aim to simplify compliance requirements for directors, making it easier for them to meet their responsibilities. As […]
