By: AdminJune 28, 2024Categories: GST Recent News4 Min Read The Goods and Services Tax Act does not mandate that transporters of goods have to compulsorily adhere to the route map…
Ghaziabad man held for making fake firms in ₹10k cr GST fraud
By: AdminJune 28, 2024Categories: GST Recent News4 Min Read A 31-year-old man was arrested for his alleged involvement in creating bogus firms using stolen or fake identities to use them…
Search and Seizure of a godown cannot lead to penalty
By: AdminJune 28, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Allahabad High Court in the case of M/s. Gopi Chand Batra Traders v. State of Uttar Pradesh [Writ Tax No.…
CBIC extended the exemption provide to imports of specified defence equipment’s for a further period of 5 years
By: AdminJune 28, 2024Categories: CBIC|Notification And Circular>Customs4 Min Read The CBIC vide Notification No. 26/2024-Customs dated June 28, 2024 extends the exemption provide to imports of specified defence equipment’s for…
Goa CM Dr. Pramod Sawant appointed as ‘Convenor’ of GoM for boosting real-estate sector under GST
By: AdminJune 28, 2024Categories: GST Council | Notifications4 Min Read The Office of the GST Council has issued Office Memorandum vide F.No.GoM-RealEstateSector/GSTC/2021 dated June 24, 2024 announces the appointment of…
53rd GST Council’s proposed mechanism on post-sale discounts to benefit stakeholders across various sectors
By: AdminJune 28, 2024Categories: GST Recent News4 Min Read Stakeholders across sectors, including FMCG, infrastructure, electricals, electronics, furniture, and jewellery, are expected to benefit from the implementation of a clarification…
Five-years extension expected for export credit scheme for India’s export sectors
By: AdminJune 27, 2024Categories: export import|News4 Min Read The Indian government is considering extending a crucial export credit support scheme to boost the competitiveness of the country's export sector, which…
Uttarakhand: Assistant Commissioner of State GST Department arrested while taking bribe
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read Uttarakhand Vigilance Department arrested Assistant Commissioner of State GST Department Shashikant Dubey red-handed while accepting a bribe of Rs 75,000 from…
GST clarification to make India’s maintenance and repair and overhaul (MRO) industry competitive
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read The aircraft maintenance and repair industry in India is set to benefit from a recent revision of Goods and Services Tax…
Why the GST Council recommended biometric-based Aadhaar authentication for new registrations: Explained
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read The story so far: On June 22, the GST council recommended introducing biometric-based Aadhaar authentication for GST registrations, in a phased…