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Inside the rules of relaxations consisting of late fee reductions, and extended last dates for furnishing the return, shall assist the assessee’s who has affected from the 2nd wave of covid-19. The department on Friday stated that an amnesty policy beneath which the returns of the previous tax periods from July 2017 till April 2021 […]
Case Name Vandna Pharma Industries Vs Commissioner of Goods and Service Tax (Delhi High Court) Appeal Number W.P.(C) No. 5228/2021 Date of Judgement/Order : 07/05/2021 In this writ petition, the petitioner has asserted that its application for the refund of tax credit Get to know about official GST refund process under GST regime as finalized […]
An NCR-based firm that imported oxygen cylinders & regulators from abroad and thereafter donated them to the Delhi Government has challenged the Centre’s decision of excluding the aforesaid imports from the Adhoc GST exemption that is meant for COVID-19 relief material. Delhi HC Shall Hear the Writ Petition on Thursday Against The Finance Ministry of […]
The Tripura High Court passed a ruling that the GST shall be levied on the sale of rice even if the Brand name is not registered. Here in this case the petitioner is Messrs Sarvasiddhi Agrotech Pvt. Ltd. which is a registered company and is in the trade of the supply of rice in the […]
The meeting of the 43rd GST council is scheduled for forthcoming Friday. Various stakeholders from the legislature and executive machinery shall participate in it. In addition, states shall also be represented in this meeting. It is much awaited as it shall deliver much valuable decision that includes but are not limited to. Merging GST Slabs […]
In the wake of the Corona pandemic and lockdown in Karnataka when production activities have choked and there is a huge cash crunch, Kassia (regulating body of Small Scale Industries) president KB Arasappa has requested the Finance Minister Nirmala Sitharaman to give an extension to the deadline for GST payments The government has revealed the […]
Inside the GST regime, one of the problems is if the credit can be refused to the purchaser of goods and services for the fault of the supplier for non-payment of taxes post to collecting the tax amount through the purchaser. Important Provisions Towards the ITC the major law is Section 16 of the CGST […]
In the wake of India facing the crisis of medical-grade oxygen, life-saving medicines such as Remdesivir and most importantly hospital beds, request from various social and political circles have come to the government to reduce or remove the various types of taxes on the aforesaid items — GST, CGST, IGST, custom duties and so on. […]
During the second wave of the Corona pandemic, when more than 1 crore people in India have been caught by a deadly communicable Coronavirus disease, its high time for the Judiciary, Legislation, and Executive to take and implement apt decisions to control and cure such a common illness at the price (medical treatment) that can […]
