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Complete Overview of Project Management Tool

All Info on Project Management Tool with Major Benefits

For managing the projects the tools of project management are used, it is generally performed by the project manager. Compared to simple projects which take lesser things complex projects need proper planning, assigning tasks, and setting deadlines, which confirms that everyone would comply with it and monitor the spent duration.  The requirement for quantifying, objectifying, […]

15,000 Entities Under Scanner for Evading GST Worth Rs 38K Crore

GST Officers Identify 15K Fake Entities for Breaking Govt. Rules

To tighten GST compliance, tax authorities would have planned to bridge the gaps, they would have fetched nearly 15,000 entities and would have fetched the evasion of exceeding Rs 38,000 cr in past years. The same comprises the bogus GST registration cases through misusing PAN and Aadhaar information of other people for ITC claiming along […]

GST Evasion Operation May End by 30th Nov

GST Evasion Operation on Insurers May Complete by Nov 2023

The GST evasion investigation agency shall finish its probe in 30 insurance companies. The Directorate General of GST Intelligence (DGGI) would have finished the investigation in 15 of them fetching the ITC differences to the tune of 3500 cr. The same would be under the procedure of sending the notices to the left 15 people […]

UP GST AAR's Order for R2V2 Technologies Private Limited

Uttar Pradesh GST AAR: 12% Tax Rate Applies on Solar Home Lighting Systems

The Authority of Advance Ruling (AAR), the Uttar Pradesh bench has ruled that solar home lighting systems are subject to 12% GST. The Rajendra Kumar and Harilal Prajapati bench has noted that ‘solar home lighting systems are included under the category of solar-based devices covered under HSN Code 94055040. The applicant proposed to supply a […]

Gujarat GST AAR's Order for M/s. Tata Autocomp Systems Ltd.

Gujarat AAR: Employer Can Claim GST Tax Credit on Services of Non-AC Buses to Employees

The Gujarat bench of the Authority for Advance Ruling (AAR) has ruled that an employer can claim Input Tax Credit (ITC) on the Goods and Services Tax (GST) paid for Non-AC Bus Transport Services provided to their employees by Transport Service Providers (TSPs) employing buses with a capacity of more than 13 seats. The judgment […]

Insurers Under IT Dept Radar for Claiming Fake GST ITC

IT Dept Starts Investigation of Insurers for Claiming Fake GST Credit

According to a top government official, the income tax department has initiated an investigation into the claim that insurance businesses fraudulently claimed GST input tax credits. According to a senior government official, the department is attempting to prove that if these expenses are not legitimate, they must have avoided the income tax assessment. According to […]

Jharkhand HC's Order for M/S ESL Steel Limited

Jharkhand HC Denies GST Credit Claim Earlier to Approval of NCLT’s Resolution Plan

The Jharkhand High Court dismissed ESL Steel’s GST Input Tax Credit (ITC) claim before the permission of the resolution plan by the National Company Law Tribunal (NCLT). The bench of Justice Rongon Mukhopadhyay and Justice Deepak Roshan witnessed, the obligation of the earlier management might not get transferred to the present management however at that […]

Kerala GST AAR's Order for Best Money Gold Jewellery Limited

Kerala AAR: GST Rule 32(5) is Not Considered When Gold Fails as Second-hand Commodity

According to a recent ruling by the Kerala Authority for Advance Ruling (AAR), tax reductions provided under Rule 32(5) of the Central Goods and Service Tax (CGST) Rules are not applicable when gold is not considered a second-hand commodity. The applicant in this case, Best Money Gold Jewellery Limited, is engaged in the business of […]

Summary of Assam GST Circular Number 01/2023

Assam Govt Demands a Valid Rent Agreement for GST Registration

The Assam Goods and Services Tax (GST) Department, on 7th July, issued a circular to combat fraudulent registrations and tax evasion. They now require individuals or organisations to provide a valid rental agreement or lease deed when registering for GST. The department discovered that several dishonest people and organisations were obtaining GST registration by submitting […]

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