Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Indian Finance Minister Mr. Arun Jaitely believes that if the GST will be rolled out soon then our nation can have 9% growth. As per the sources, Jaitley has made a new bid to pass the GST by ending the deadlock on bill.
The finance ministry and empowered committee of state finance ministers have released a usual exempted items list including tea, coffee, biscuits and other medicines that have been exempted from excise duty.
Finance Minister of India, Mr. Arun Jaitley Said that he is ready to talk with Congress party’s any member in case of GST Bill that stuck due to Congress resistance. He expressed his willingness that he wants to talk with Vice-President of Indian National Congress, Mr. Rahul Gandhi in terms of the GST Bill that passed by Parliament for two decades.
In a recent decision, the Calcutta High Court held that stereo systems used in the manufacturing of e-rickshaws qualify as ‘inputs’ under the GST framework and are eligible for a refund of unutilised Input Tax Credit (ITC) under Section 54(3)(ii) of the GST Act, 2017. The applicant, Hooghly Motors Pvt. Ltd., had asked for a […]
The Supreme Court has stated that an activity which concerns the transfer of title in immovable property by way of sale could not be treated as a “service” under the Finance Act, 1994. Therefore, such transactions are not within the ambit of service tax. A judgment was delivered by a bench of Justices J.B. Pardiwala […]
The Chhattisgarh High Court has decided that the final amount that can be charged for taxes, interest, and penalties related to the GST can’t be more than what was stated in the initial notice. The court also emphasised that no additional charges can be made beyond what is mentioned in that show cause notice. A […]
The updated move of the government for fast-track GST refunds has been welcomed by the healthcare and medical device industry of India. However, it asked that the next big step is to extend refund eligibility to input services as well as capital goods required to get full tax neutrality and facilitate liquidity challenges encountered by […]
There is an 18% GST and not 12% on the printing of digital images/letters on paper, which constitutes services, the Kerala High Court ruled. The question to bench was to determine whether the printing activities of the taxpayer, i.e, converting the figures, letters, photographs, etc., in a digital form, into a physical format by printing […]
The GST council, in its forthcoming 57th GST meeting, may focus on additional revisions to facilitate the procedure and policies. In the next meeting of the GST council, the process of registration, refund, and audit can be facilitated, a Finance Ministry official stated. The latest provisions for direct taxes in the Finance Bill are directed […]
