Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Supply of medicines, drugs, and consumables including food to furnish health care services to in-patients being treated in a hospital will be deemed as a composite supply under the GST system. Consequently, no GST shall be levied on it, Karnataka’s Authority for Advance Ruling (KAAR) stated. Spandana Pharma a Bengaluru-based company, went before AAR to […]
Hundreds of builders have obtained notices from the GST department where it seeks to reverse their input tax credit. For the years 2017-18 and 2018-19, the notices were issued. For the unsold apartments, the council seeks builders to reverse the ITC during procuring building use (BU). As the developers do not file the GST for […]
Traveling is favoured by all some people like to travel domestically and others prefer to travel abroad. But before travelling, everyone used to plan their trip at their convenience, however, sometimes they ignored the other related expenses such as GST rates on services by travel agents and tour operators. It is due to that we […]
The advantages of the slum policy 2021 approved via the state govt could not be claimed by those who have commercial buildings in slum areas, the Lucknow bench of the Allahabad High Court said. “Such persons cannot be put at parity with the term ‘slum dwellers’. Therefore, the court would identify and consider the case […]
The Central GST & Excise Commissionerate at Surat in a bid to fulfil the revenue targets set for the current financial year has issued a critical direction to all Grade A & B officers. The office circular, 07.02.2024, follows the D.O. dated 18.01.2024 from the Chief Commissioner, Vadodara Zone. Important: Latest Official Updates Under GST […]
Penalties should not be imposed solely for technical errors lacking any intent to evade tax The Hon’ble Allahabad High Court in the case of Rawal Wasia Yarn Dying (P.) Ltd. v. Commissioner Commercial Tax [Writ Tax No. 352 of 2023 on January 16, 2024] ruled that the invoice itself includes the particulars of the truck, […]
The Rajasthan GST Department in a recent development has issued a notification dated 8th February 2024 presenting the much expected Amnesty Scheme-2024. The same scheme has the objective of furnishing substantial advantages to dealers and individuals by offering rebates on taxes and facilitating the settlement of outstanding demands and disputed amounts under the Goods and […]
The bunching of the show cause notice ( SCN ) is against the spirit of provisions of Section 73 of the Central Goods and Service Tax Act, 2017 ( CGST Act ), the Madras High Court recently observed. On behalf of the petitioner N.L.Rajah Senior Counsel appearing presented that the first grievance of the applicant […]
Certain individuals with bogus intent are forming and sending bogus summons to taxpayers who may or may not be under investigation by the DGGI, The Directorate General of GST Intelligence (DGGI), Central Board of Indirect Taxes and Customs (CBIC) notices. Bogus summons that are sent look real as they secure the Document Identification Number (DIN), […]
