Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
On Tuesday the Finance Secretary Ajay Bhushan Pandey and CBIC Chairman M Ajit Kumar talked with zonal chiefs to examine if there is any GST (Goods and Services Tax) theft and stop it. “Finance Secretary, Chairman CBIC and Board Members held a Video Conference with Zonal Chiefs. Discussions centered on ongoing anti-evasion measures and action […]
In the concern of issuing the fake invoices of Rs 2100 cr and availing for ITC of Rs 185 cr. The Maharashtra Department of Goods and Services Tax has captured the person who is running a business in Mumbai. He frames a bogus picture by mentioning that he is running 30 companies to provide the […]
Those who do not have the Aadhar number will not proceed with the latest goods and services GST enrollment. The authorities seek to check that the GST is linked with the biometric details with the live photograph of the registrant so as to clarify the GST fraud. A new GST should seek an Aadhaar-like process […]
In recent times, the finance ministry circular has again announced that the resident welfare association having 20 lakh or more annual turnover or if they charging INR 7500 per month must pay GST on certain conditions. Also, the Maharashtra Appellate Authority for Advance Ruling (AAAR) for GST has stated the same for all the RWA. […]
The GST council based law panel has decided to mutually come up with the options to handle the fake invoice issue and will be making a final decision on it. While the panel consists of bigger members it also has an extensive team of around 10 members from each state and centre and 2 members […]
The employees of the central government who are liable to buy goods and services for their wives or other members of the family who is calming the LTC fare. The employee can avail exemption on the purchase of goods and services in the 2nd set of FAQ given by the council of expenditure on which […]
Quarterly Goods and Services Tax (GST) return filing is turning to be a bit of pain for small businesses. A major relaxation for micro, small, and medium enterprises (MSMEs) in compliance is resulting in blockage of input tax credit (ITC) A complete guide for understanding the basics of input tax credit and it calculation with […]
The CESTAT stands for Customs, Excises, and Service Taxes Appellate Tribunal, and in a matter, it ruled recently that bariatric surgery will not attract service tax as it is a life-saving procedure and not a cosmetic procedure. In this matter, Dr. Mohit Bhandari is the appellant, he is a part of Bhandari Hospital and Research […]
The National Anti-Profiteering Authority (NAA) in a matter found Infiniti Retail guilty for not providing GST rate reduction benefits to the DSLR Camera and Power Banks buyer. In this matter, M. Shriniwas is the applicant, and he alleged profiteering by the Respondent Infiniti Retail Pvt. Ltd. in respect of DSLR Cameras and Power Banks supplied […]
