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The Karnataka Authority for Advance Rulings (AAR) held that the heads could not impose the GST on the assessee to sell the land plots securing the basic infrastructure. The same comprises levelling the land and installation of sewage lines which are essentials. The GST law has held land out of its reach with a mention […]
What is the GSTAT? The Central Goods and Service Tax Act, 2017 (CGST Act) in Section 109 mandates the constitution of a Goods and Service Tax Appellate Tribunal (GSTAT) and its Benches. Under the GST laws, the GSTAT would be a specialized appellate authority for resolving disputes. GSTAT has not yet been applied even after […]
The Telangana bench of the GST Authority for Advance Rulings (AAR) recently held that cosmetic Ayurved products will be levied with 18 per cent GST as opposed to the 12 GST expectations. GST Rate on Cosmetic Ayurvedic Products As per the justification given by the authority, it said that the ayurvedic products such as hair […]
GST council shall not change anything in the tax slabs in the present fiscal year. Higher inflation diminishes the actions taken on an urgent basis as the purpose of the revenue neutral rate (RNR) will inevitably direct to higher rates for a large number of items and lastly their prices hikes. GoM on the GST […]
A division bench of the Jharkhand High Court, the GST refund claims are not permissible when they do not get backed by documentary evidence beneath the provisions of the Central Goods and Services Tax Act, 2017. The petitioner, M/s CTC (India) Private Limited, 100 per cent export-oriented unit, exporting its products to the countries such […]
The Goods and Services Tax wing of the Central Board of Indirect Taxes and Customs (CBIC) performs investigations with respect to various insurance companies. There are different life and non-life insurers to whom the tax authorities have taken out the search operations. From the source, it has been revealed that the tax investigations were the […]
The Allahabad High Court, in the ruling, hit the GST officials for seizing the goods inside the godown excluding any jurisdiction. The taxpayer, a manufacturer of PVC pipes, stores its raw materials and manufactured goods at a godown located on the same premises. Without any dispute, the taxpayer was not found engaged in any transaction […]
HC passes interim direction to State, Central government Telangana High Court issues interim order to the state and central governments, not to ask for the GST payment by 9 colleges providing courses in nursing. A bench of Chief Justice Ujjal Bhuyan and Justice C.V. Bhaskara Reddy issues the same interim order post to hearing a […]
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 […]
