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The West Bengal Authority for Advance Ruling (AAR) has made a significant ruling stating that Goods and Services Tax (GST) does not apply to the services involving the printing of question papers for educational institutions. The applicant, Saraswaty Press Limited, operates in the printing business, which includes the printing of question papers specifically for educational […]
In a recent ruling, the West Bengal Authority of Advance Ruling (AAR) has clarified the applicability of GST on the supply of broken rice. According to the AAR, if broken rice is supplied in a pre-packaged and labelled form, it will attract a 5% GST rate. However, if the supply is unbranded, no GST shall […]
The GST Council is expected to provide clarity regarding the refund of accumulated Input Tax Credit (ITC), from the date of issuing the notification, for the construction of civil structures such as bridges and roads that are not intended for sale to buyers, as per a senior government official. The official mentioned that the clarification […]
Around 1,000 multinational corporations (MNCs) operating in India have recently been served with tax demands by the goods and services tax (GST) authorities. These demands pertain to a GST 18 per cent tax on salaries and allowances paid to foreign expatriates (expats) by their parent companies abroad. Over the past few weeks, tax demands ranging […]
The Allahabad High Court has invalidated a demand of Rs. 235.52 Crores imposed on Vivo Mobile India Private Limited by GST Authorities through an order under Section 74(9) of the Goods and Service Tax Act 2017. In a ruling issued by the bench consisting of Justices Saumitra Dayal Singh and Vinod Diwakar, Vivo Mobile was […]
The KGST Department has recently issued a circular no. 16/2023, under its authority in accordance with Section 168 of the Kerala State Goods and Services Tax (KSGT) Act, 2017 to establish a standardized issuance of notices under Sections 73 and 74. These sections deal with the determination of tax liabilities, where Section 73 applies to […]
Recipients of goods transport agency (GTA) services are not obligated to file the service tax already filed via the transport agency, The Ahmedabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) stated. In the case presided over by Ramesh Nair (Judicial Member) and Raju (Technical Member), it was observed that when a service […]
The Honorable Delhi High Court, in the matter of M/s. Indian Herbal Store Pvt. Ltd. vs. Union of India [W.P.(C) 9908/2021 and W.P.(C) 9912/2021 dated September 15, 2023], granted the writ petition and ruled that Rule 89(4)(C) of the Central Goods and Services Rules, 2017 (“the CGST Rules”) should not be applied retrospectively. The Honorable […]
An internal assessment by the income tax department reveals that insurance companies and their intermediaries have allegedly evaded approximately ₹30,000 crore in income tax since July 1, 2017, by underreporting income and fabricating expenses. The department has started taking action by issuing tax demand notices to these entities to recover the outstanding amounts, which may […]
