By: AdminJune 19, 2024Categories: GST Recent News4 Min Read Natural gas players will be glued to the upcoming meeting of GST Council that could see the new government take a…
Online gaming firms likely to be left in the lurch at GST Council meet
By: AdminJune 19, 2024Categories: GST Recent News4 Min Read Online gaming companies hoping for relief from the GST Council on retrospective taxes adding up to ₹1.12 trillion may have to…
Law committee under GST Council recommends amendment to the CGST Act to quash retro tax notice
By: AdminJune 19, 2024Categories: 53rd GST council Meeting4 Min Read The law committee under the goods and services tax (GST) council has recommended an amendment to GST act to raise…
GST council likely to consider including a new form GSTR-1A: Sources
By: AdminJune 18, 2024Categories: 53rd GST council Meeting4 Min Read A recent tweet by CNBC TV-18 stated that the GST council is likely to consider including a new form GSTR-1A.…
Gross Direct Tax collections for the Financial Year (FY) 2024-25 register a growth of 22.19%
By: AdminJune 18, 2024Categories: Income Tax|Press Release4 Min Read The provisional figures of Direct Tax collections for the Financial Year 2024-25 (as on 17.06.2024) show that Net collections are at…
Department cannot take Coercive Action unless a SCN is issued w.r.t Claim of IGST Refund on Exports under the Advance Authorization Scheme
By: AdminJune 18, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Rajasthan High Court in Reliance Chemotax Industries Ltd. v. Union of India [Civil Writ Petition No. 6961 of 2023 dated…
Assam GST Department Modifies Powers of Certain Officers Under the SGST Act
By: AdminJune 18, 2024Categories: State GST Notification and Circular4 Min Read The Assam GST Department issued Order No. 1/2024-GST on June 10, 2024, modifying the powers of certain officers under…
GST Council likely to recommend relief for sectors hit by inverted duty structure
By: AdminJune 18, 2024Categories: GST Recent News4 Min Read The GST Council is likely to consider a proposal to give relief to sectors such as textiles, fertilizers, leather, etc. that…
Opportunity of a personal hearing is required to be provided even when the Assessee did not check the GST portal after the cancellation of the GST registration
By: AdminJune 17, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Madras High Court in the case of Chettiar Stores v. Deputy State Tax Officer [W.P. No. 6319 of 2024 dated…
CM Pramod Sawant Appointed Permanent Member Of GST Council Of Goa, Replaces Mauvin Godinho
By: AdminJune 17, 2024Categories: GST Recent News4 Min Read Chief Minister Pramod Sawant has been appointed as the permanent member of the GST Council for Goa, replacing Minister Mauvin Godinho…