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Hotel operators, particularly those in the mid-market and upscale sectors, are grappling with a pressing issue that could divert patrons towards standalone dining venues: an inconsistent goods and services tax (GST) framework. The crux revolves around the disparity in GST applied to food services. Patrons dining at standalone restaurants experience a consistent GST rate of […]
Finance Minister Nirmala Sitharaman said on Monday that the Goods and Services Tax (GST) system is progressing from unpredictability to assurance regarding certain matters. This statement aimed to alleviate concerns of global firms regarding “tax certainty,” particularly in light of recent tax demands and investigations conducted by revenue authorities. According to the Finance Minister, the […]
The Kolkata Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that biscuits can be considered ‘foodstuff’ and thus qualify for the exemption from service tax. The bench, comprising R. Muralidhar (Judicial Member) and K. Anpazhakan (Technical Member), has granted the refund that was initially denied by the adjudicating authority due to […]
Zomato and Swiggy, the top two food delivery platforms in the country, are reportedly being investigated by tax authorities. According to the report, notices totaling ₹750 crore have been sent to them. Zomato, which holds the largest market share in India’s online food delivery industry, has allegedly received a Goods and Services Tax (GST) notice […]
The Supreme Court in recent times has issued a writ petition notice contesting the validity of the constitution of sections 149 and 150 of the Finance Act, 2023 that seek to substitute Sections 109 and 110 of the Central Goods and Services Tax Act, 2017 (CGST Act). Such provisions pertained to the appointments and the […]
The Delhi High Court has ordered a review of the request to change the Goods and Services Tax (GST) registration and reverse the cancellation of the petitioner’s registration. The court found that both applications were disapproved without stating any explanation. The petitioner, a company called M/S Sai Aluminium Exim is the applicant in this case […]
The Tamil Nadu Electricity Board has been granted relief by the Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT). The bench considering the limitation has quashed the service tax demand on the Goods Transport Agent (GTA) services. The Tamil Nadu Electricity Board, the appellant in this case, is involved in the […]
The Punjab Government has launched a one-time settlement (OTS) initiative aimed at winning over traders and resolving approximately ₹6000 crore in outstanding GST dues. This move, as per the government, aims to alleviate the burden of past cases, allowing traders and industrialists to better comply with the Goods and Services Tax (GST). Harpal Singh Cheema, […]
The government is now considering exempting vouchers or gift cards from the collection of goods and services tax (GST), with the aim of addressing the issue of double taxation in some situations. Many retailers provide customers with vouchers or gift cards that may be exchanged for their products. As per the sources acquainted with the […]
