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New Aadhaar Rule for Filing GST Refund

CBIC Mandates Aadhaar for GST Refund e-Filing from 1st Jan 2022

Aadhar authentication of the enrolled shall be important to get entitled for filing the refund claim and application of revocation of cancellation of the GST registration through taxpayers. The finance ministry has mentioned the date. The GST official in its 17th Sept has decided to make the Aadhar authentication important. The guidelines have been mentioned […]

WB AAR Order for Supply of Piped Cooking Gas

WB AAR Defines Cooking Gas Via PIPE As GST Composite Supply

West Bengal’s Authority for Advance Rulings (WBAAR) specified that the supply of the cooking gas via pipelines from the gas banks to the residential place shall be the supply of the services and to be provided within the facility and management services AAR has specified it a name as the composite supply beneath GST in […]

New Rules of GST UPI Payment and More

New Rules of GST Returns, FASTag & More from 1 Jan 2021

Various laws such as Cheque payment, LPG Cylinder prices, GST to UPI Transaction payment which will produce an effect on the common people will be going to get modified from January 1. Small Businesses GST-Registered The trades of Rs 5 cr turnover will need to furnish the returns for only 4 GST sales or GSTR-3B […]

Rejected: Increase Tax on the Rich by IT Dept

Suggestion to Increase Tax on the Rich Assessee Rejected by IT Dept

A group of officials of the Indian Revenue Service (IRS) had suggested the Central Board of Direct Taxes (CBDT) that the department should increase the Income Tax Rates Get the details on income tax rates for FY 2019-20 (AY 2020-21). Various rates are provided such as Individual/HUF, Companies, Partnership Firms. Read more on the super-rich […]

GST on Oil and Gas Industry

GST on Oil & Gas Will Be A Booster For Its Affordability

Government of India is striving for Oil & Gas related infrastructure to have a City Gas distribution network that will cover 70% of the inhabitants of the city. This will certainly resolve the availability problem with natural gas consumption but affordability issue will still be there. However, bringing oil & gas under the purview of […]

GST Rates on Cars and Accessories

GST Rates Applicable to Cars and Its Accessories

Different GST rates for different goods and services has been fixed by the GST council under seven slabs – 0%, 0.25%, 3%, 5%, 12%, 18% and 28%, which are mutable on government GST notifications on the demands of the economy. All goods and services are linked to Harmonized System Nomenclature (HSN) code on the basis […]

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