Revenue Secretary Sanjay Malhotra confirmed that the Goods and Services Tax Appellate Tribunal (GSTAT) will begin operations by the end of FY25. This development aims to address GST-related disputes effectively,…
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The Allahabad High Court has clarified that penalty proceedings under Section 130 of the Central Goods and Services Tax Act, 2017 (CGST Act), cannot be initiated solely based on excess…
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The Supreme Court of India has ruled in favor of telecommunication companies, including Airtel, Vodafone Idea, and Tata Telecommunications, allowing them to claim CENVAT credit on tower parts, shelters, printers,…
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The Central Board of Direct Taxes (CBDT) has reminded taxpayers, especially those with foreign income or assets, to address discrepancies in their reporting before the 31st December 2024 deadline. This…
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Introduction The Goods and Services Tax (GST) Fitment Committee is reviewing the taxability of delivery charges imposed by food delivery platforms like Swiggy and Zomato. This review follows the Directorate…
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The Competition Commission of India (CCI) has imposed a fine of ₹213.14 crore on Meta for abusing its dominant position through WhatsApp's 2021 Privacy Policy update, which mandated data sharing…
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In a troubling case of GST fraud, Rajendra Kumar Yadav, a daily wage worker from Dumardiha village, Koderma district, has been served with a ₹1.08 crore penalty notice from the…
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The Ministry of Finance, through Notification No. 6(15)-B(R&C)/2024 dated November 18, 2024, announced the appointment of Shri K. Sanjay Murthy as the Comptroller and Auditor General (CAG) of India. Key…
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The fitment committee, comprising state and central GST officials, is evaluating whether delivery charges from platforms like Swiggy and Zomato should remain taxed as part of food supplies. Key PointsInvestigation…
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The 55th GST Council Meeting, led by Union Finance Minister Nirmala Sitharaman, will take place on December 21, 2024, in Jaisalmer, Rajasthan. Key discussions will focus on tax reforms for…
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