Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Rs 1,43,612 crore gross GST revenue was collected in the month of August 2022. The Revenues for the month of August 2022 are 28% higher than the GST revenues in the same month in 2021. Monthly Goods and service tax revenues of more than Rs 1.4 lakh crore for six months in a row. The […]
Indian Railways used to fulfil the requirement of various people in the year. The demand for train tickets around the festival rises. The people are often booking the tickets in advance to confirm their seats. But some people need to cancel their tickets for the amendment in their plan or other issues might happen at […]
In the recent ruling by the AAR, there is a lot of relief for all the corporate individuals as well as for the companies as now the tax credit on the goods and services tax can be availed on the upfront lease premium. In the previous scenario, the same was not allowed to be taken. […]
Currently, a post is in the headlines claiming that a sum of Rs 96,000 must be furnished as GST when the marriage budget would Rs 5 lakh. Below is the claim incurred in the post. Claim: Rs 96,000 ought to be paid as GST (goods and services tax), the marriage budget exceeds Rs 5 lakh. […]
The industry, specifically for the segment of auto components, needs to worry since the Apex court has refused to review the petition furnished by the finance ministry on the classification of goods on the grounds of the harmonized system of the nomenclature (HSN) codes. The same case is concerned with the excise duty, however the […]
Recently the Karnataka Authority of Advance Ruling (AAR) made the decision to not levy GST on the services payable to the horticulture department considered for the sweeping and cleaning of garden paths, lawns, segregation and garbage transportation. The bench comprising of M.P. Ravi Prasad and T. Kiran Reddy made the decision by considering the nil […]
The government has made a decision to make the scrapping of the IGST on ocean freight and the same proposal is under consideration for the GST council in the next meeting. The particular decision is made to consider the supreme court order on the scrapping of IGST on ocean freights. This has made a sigh […]
Rs 50,000 cost is being levied on the arbitrary cancellation of GST registration, by Allahabad High Court. The single bench of Justice Pankaj Bhatia sees that the random practice of power to refuse the enrollment in a way where the same would have been performed has adversely impacted the petitioner. Indeed the revenues have been […]
The Telangana Authority of Advance Ruling (AAR) held that the manpower supply or labor supply services by the manpower supply agency come beneath SAC 98519 and would be taxed at an 18% GST rate. The tax would be required to be paid via a manpower supply agency. The two-member bench of B. Raghu Kiran and […]
