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The Karnataka High Court released instructions regulating the tax difference calculation for pre-GST works contracts. The bench chaired by Justice S. Sunil Dutt Yadav noted that the “tax difference” should be calculated on balance works executed or to be executed after July 1, 2017, separately. The petitioner sought the statement that the regulations of the […]
The Maharashtra bench of the GST-Appellate Authority for Advance Rulings (AAAR) has ruled that the incentive received by the reseller from a US firm cannot be considered a “trade discount.” As a result, the reseller will be liable to pay an 18% GST on the incentive, as it was based on meeting quarterly goals for […]
In a recent ruling by the Maharashtra AAAR (Appellate Authority of Advance Ruling), it has been stated that businesses moving goods between branches in different states are required to pay taxes under the category of lease rental service. This decision came about when a case involving CIPL (a fictional company) was brought before the AAAR. […]
The GST Authority for Advance Rulings (AAR), Rajasthan, has clarified that the treatment of outpatients with substance abuse disorders does not fall within the scope of “healthcare services” exempt from GST. This ruling was made in response to the case of Allopathic Sanjeevani Psychiatric Clinic, which offers a range of services including psychotherapy, medical evaluations, […]
Providing great relief to property buyers, the Gujarat High Court has ruled stating that the costs associated with land are not subject to Goods and Services Tax (GST). The court clarified that only the expenses involved in construction are taxable. According to the observation of the bench of Justice J.B. Pardiwala and Justice Nisha M. […]
An order has been directed by the Uttarakhand Authority of Advance Ruling (AAR), according to the order, availing motor vehicle rental services, GST is subject to be paid on monthly rental, overnight charges, and fuel on a mileage basis. The appellant, M/S Uttarakhand Public Financial Management Project, receives motor vehicle hire services from M/S Baba […]
The number of e-way bill generation has increased to 8.82 crores in May from 8.44 crores in April, which indicates more movement of goods. As per the PMI (Purchasing Managers’ Index) manufacturing, the result rose to a 31-month high of 58.7 in May, providing the first indication of increased goods movement. Increased bill generation may […]
The Ministry of Finance has been approached by the Real estate developers for the subject of the impact of GST charged on the rehabilitation apartments that has developed and given back, at no cost, to existing occupants under the portion of redevelopment projects. The Confederation of Real Estate Developers’ Association of India (CREDAI) – MCHI, […]
In the month of May, the GST collections of India surged by 11.5%, standing slowest in 6 months to cross Rs 1.57 lakh cr with the revenue from the domestic transactions rising 11% and imports which generate 12% additional taxes compared to before year. May’s revenue for the transaction that takes place in the month […]
