Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Haryana Chief Minister (CM) Nayab Singh Saini is seeking an exemption from GST on 10 agricultural implements used in crop residue management from the Central Government. The exemption would encourage farmers to adopt these technologies more widely, helping to prevent air pollution caused by stubble burning. Saini, in a letter sent regarding the same concern […]
In recent months, the Central Goods and Services Tax (CGST) officials have scrutinized more than 2 dozen textile manufacturing companies in the nation concerning misclassifying textile processing activities and subsequently paying lesser tax. As per the officials, the CGST department has noted that various textile manufacturers are recording activities that involve ‘changing the nature of […]
The Gauhati High Court ruled that juice-based carbonated drinks should be taxed at 12% GST instead of the previously high 28% imposed by tax authorities. As a result, consumers may see a decrease in the cost of their preferred beverages. The decision arrives as a big win for X’SS Beverage, a manufacturer of carbonated juice […]
The Bombay High Court citing CBIC Notification No. 56/2023-Central Tax dated December 28, 2023, which extended the deadline for issuing show cause notices (SCNs) and orders, granted an interim stay on the garnishee notice. The State Tax Officer, Thane Division, Thane (Respondent No. 3) issued a Garnishee GST Notice in Form DRC-13 dated February 14, […]
The West Bengal Authority for Advance Ruling (AAR) in a ruling has determined that Polyvinyl Chloride (PVC) raincoats shall be categorized under HSN 3926 as plastic articles and attract a Goods and Services Tax (GST) of 18%. The AAR ruling came following an application filed by Aristocrat Industries Private Limited (Aristocrat), a Kolkata-based manufacturer that […]
The Apex court is to decide whether the time limit for adjudicating the show cause notice and passing an order could be extended via the issuance of the notifications u/s 168-A of the CGST Act. The same provisions provide the authority to the government to issue the notification for extending the time limit specified under […]
The state has been using artificial intelligence (AI) to identify tax evaders and will take strong action against them, cited Tripura Chief Minister Manik Saha. “Of the state’s annual budget of Rs 27,800 crore in the 2024-25 financial year, its own revenue stands at Rs 3,700 crore. Only Rs 10,000 crore remained after meeting the […]
In India, the Goods and Service Tax (GST) was introduced for diverse assessment provisions. The tax collection and legislation process. The provisional attachment of bank accounts u/s 83 of the CGST Act 2017 is one of the most controversial parts of GST enforcement. The same blog tries to look into the statutory framework that regulates […]
An important clarification has been issued by the Central Board of Indirect Taxes and Customs (CBIC) on the Goods and Services Tax (GST) rates and classification for several products, including pepper, raisins, ready-to-eat popcorn, autoclaved aerated concrete (AAC) blocks, and amendments associated to vehicle ground clearance. Based on the 55th meeting of the GST Council […]
