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Every country expects that its native people “who reside abroad mostly” should invest in the domestic economy to boost the growth and development of the country. So is the case with India. India expects the injection of funds from Non-Resident Taxable Person (NRTP) Who is NRTP? In layman terms, An NRI that supplies goods and […]
The Student Federation of India (SFI), one of the active student organization across the country, has once again knocked the doors of the temple of justice i.e. the Supreme Court of India to weed out the COVID-19 infection from the people especially the underprivileged, weak, poor, and disadvantaged section of the Indian society. Consequently, it […]
In yet another attempt to provide ease and facilities to taxpayers on the web portal of GST and to make the GST web portal more interactive, The Goods and Services Tax Network (GSTN) has issued new functionalities (module wise) on the web portal of GST. These functionalities pertain to the below-mentioned modules: New Functionalities in […]
The Central Board of Indirect Taxes and Customs (CBIC) on Monday declared “Ad hoc Exemption from IGST” of “imports of specified COVID-19 relief material” that is “donated from abroad”. However, CBIC has notified certain conditions for applicability of the aforesaid exemption. The first endeavour in providing an exemption shall be the appointment of a “nodal […]
In the wake of India facing the crisis of medical-grade oxygen, life-saving medicines such as Remdesivir and most importantly hospital beds, request from various social and political circles have come to the government to reduce or remove the various types of taxes on the aforesaid items — GST, CGST, IGST, custom duties and so on. […]
During the second wave of the Corona pandemic, when more than 1 crore people in India have been caught by a deadly communicable Coronavirus disease, its high time for the Judiciary, Legislation, and Executive to take and implement apt decisions to control and cure such a common illness at the price (medical treatment) that can […]
In a major relief, The Kerala High Court has granted anticipatory bail to the person who is accused (indirectly) of non-payment of Goods and Services Tax to the amount of Rs 17.53 crores along with non-filing of GSTR 3B returns for the period from October 2020 onwards. The applicant, Abdul Shaji, is apprehending his arrest […]
Upon the system, the government is implementing to give the report to GST officers upon real-time grounds towards those vehicles who are running excluding the e-way bills to assist intercept stuck trucks at toll plazas and determine the GST theft. The assessee will also give analysis reports upon determining the e-way bill despite there being […]
The Madhya Pradesh high court furnished that the failure to produce the needed credentials will go towards the revocation of the enrollment for the supply of goods. The petitioner is the owner of M/s Om Trading Company is a dealer registered under the Central Goods and Services Tax Act, 2017, and trades in selling and […]
