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There are various steel manufactures and coal mining firms that have outreached to their respective legal experts to look into options to challenge the current government diktat to tax opening royalty and license fees within the Goods and Services Tax (GST) framework. Recently when the meeting was held the government has informed that any royalty […]
The two invoices from the Finance Department amending Gujarat Goods and Services Tax Act and Indian Partnership (Gujarat Amendment) Act were passed in the Gujarat Assembly on Tuesday. These Bills were inserted by freshly appointed Finance Minister Kanubhai Desai, who came up with particular rectification of the two Acts for enhancing ‘ease of doing business […]
The FICCI is set for a conclave organization with the minister panel of 4 from south Indian states and would discuss the tax sharing formulae particularly related to the goods and services tax scheme along with some other issues of the GST in a conference. The conclave called ‘South India GST Conclave’ will be an […]
The Central Board of Indirect Taxes and Customs (CBIC) has stated the Central Goods and Services Tax ( Eighth Amendment) Rules, 2021 which decree Aadhaar authentication for Registered persons for filing of an application for abandonment or cancellation of registration, reimbursement of application. The CBIC placed Rule 10B in order to Aadhar authentication for a […]
In case you are an employee of an organization and get a salary from it then you do not need to have to pay goods and services tax (GST). However, If you are a lawyer, freelancer, designer, architect, developer, or even sales professional, etc – GST would applicable in these particular cases. GST builds a […]
The Delhi high court recently received petitioners arguing the issue of imposing interest on the companies having delayed payments on the amount accumulated through profiteering as per the national anti-profiteering authority (NAA) directed by the goods and services tax (GST). However, it is to be noted that the provisions are there in the Central GST […]
The Madras High Court held that the GST Authorities can implement the investigation beneath section 70 with proceedings beneath section 6(2)(b) of the CGST Act. The petitioner, Kuppan Gounder P.G.Natarajan, is the Managing Director of a Company enrolled beneath the Indian Companies Act, 1956, that is involved in the transportation business. The petitioner seeks to […]
In positive news coming from every corner of the nation, the union finance ministry has highlighted some of the good jumps in GST collections from 3 developed states of India. Talking about Kerala. From the past period i.e August 2020 the state, Kerala had set a 31% rise in GST collection which is a new […]
The government of Goa has provided the clarification for the extension of limitation beneath GST law from the directions of the supreme court on 27th July 2021. The government provided the notifications beneath section 168A of Goa GST Act 2017 in which the time limit towards the finish of several actions through any authority or […]
