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If you think GST is simple, you probably haven’t heard about the new tax rates on pizza in India. It’s anything but simple. To start with, the government is now planning to tax pizzas at three different rates. According to a recent ruling by the Haryana authority for advance rulings, pizza topping is not pizza […]
Delhi High court has rejected to cancel the summons with respect to the individual charged with making various bogus companies who are claiming for ITC in a bogus way. The court has seen that there must be a cause. Justice Rajnish Bhatnagar rejected to cancel the summon on the basis of the investigation which is […]
Two Judges bench of the Rajasthan High Court consists of Justice Akil Khureshi and Justice Sudhesh Bansal ruled that the provisional attachment under section 83 of the Central Goods and Services Tax Act, 2017 will cease to have effect after the expiry of the period of one year from the date of order. In the […]
GST collection crossed Rs 1.30 lakh crore mark for the 5th time. Revenues in Feb 2022 18% is more than the GST revenues in the similar month last year and 26% more than the GST revenues in Feb 2020 Rs 1,33,026 crore is the gross GST revenue obtained in Feb 2022 where the CGST stands […]
Short Summary About SOP The standard operating procedure is a mechanism to create a preliminary direction towards any compliance and to complete the solution with the maintenance of certain rules within the process. The SOP is a general rule to be followed while every process is initiated. Overall the SOP is a major term to […]
The Telangana Authority for Advance Ruling (AAR), where the members B. Raghu Kiran and S.V. Kasi Visweswara Rao stated that the 9% GST will be levied under the Central Goods and Service Tax (CGST) and State Goods and Service Tax (SGST) Act for the liquidated losses revamped by the petitioner in relation of late commissioning […]
E-commerce changed the procedure of business performed in India. Much rise in the industry would be formed through the penetration of the internet and the smartphone. As per that there is an increase seen in the sellers on the e-commerce portals. In this article, we would discuss the points that shall support the e-commerce sellers […]
GST collection crossed Rs 1.30 lakh cr for the fourth time and stands on the revenue with the worth of Rs 1,38,394 crore in Jan 2022. The revenue that stands out in January 2022 was 15% more as compared to the previous year of the same month. Also, it is 25% more than the GST […]
The Supreme court of India surge the fine which was levied by the High court with respect to Telangana state’s GST officer for “unnecessary litigation”. The same has arrived post to the expiry of the load carriers e-way bill under GST because the carrier has been stuck in Hyderabad’s Basher Bagh area as there was […]
