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The problem of GST on the leased land affecting the Ministry of Micro, Small & Medium Enterprises across India, it is been requested by the Chamber of Small Industries Association (COSIA) to the government to think again about the same issue. President of COSIA Sandeep Parekh stated that the GST department has laid the industry […]
For the Attachment or Detachment of the Bank account, Standard Operating Procedure (SOP) would have been issued by the Delhi Goods and Services Tax (GST) department. So as to recover the outstanding amounts, the banks are attached or detached from vendors or dealers. Dealers will receive the notices against the recovery under tax compliance with […]
A compilation of effective Judicial and Advance Rulings on Goods and Service Tax (GST ), has been posted by the Institute of Chartered Accountants of India (ICAI). “Significant Judicial and Advance Rulings in GST: A Compilation” is the name of the publication that assists the readers in knowing the scenario of judicial for different GST […]
The supply of machinery, mechanical appliances, parts, etc including the erection, commissioning, and installation is being supplied by the applicant. The GST returns in Form GSTR 3B for the FY 2017-18 (for short, “the FY”) would have been submitted by the applicant. Asking for the books of accounts for conducting the desk audit and rendering […]
The notice that has been issued via the GST portal would have been revoked by the division bench of Delhi High court, taking into account that the show cause notice (SCN) should specifically define the allegation of the pertained notice that is needed to be considered. Against the impugned show cause notice, the applicant, Surender […]
National Forensic Sciences University (NFSU) and the Directorate General of GST Intelligence (DGGI) have signed the Memorandum of Understanding (MoU) for the establishment of digital forensic laboratories and food sharing details, the advancement of the technology and the skill development for the digital forensic field. The MoU was signed by the Pr. Director General of […]
Tuesday, the government’s Finance Minister Nirmala Sitharaman said it will investigate lowering cement’s 28% Goods and Service Tax (GST) rate. In the midst of the present global unrest, she added, the nation has been able to get petroleum at comparatively reduced rates because of good leadership. She asked India Inc. for unconventional suggestions that would […]
The Gujarat State Tax Department, the central body for the administration and collection of different taxes in the state of Gujarat, has produced the Model Goods and Services Tax (GST) Audit Manual 2022 for State tax officials and officers. The model GST Audit Manual is designed to be a complete resource that would aid Gujarat […]
The Center has been encouraged by the consulting and services industry to review the Goods and Services Tax (GST) collection regime. The service industry and consultants now pay their taxes as responsible professionals and businesses and are absolutely upset by the requirement to deposit GST on an accrual and due basis. According to K.K. Kapila, […]
