By: AdminJune 21, 2024Categories: GST Recent News4 Min Read The GST (Goods and Services Tax) Council is set to issue a clarification that reinsurance is not supply of service at…
GST Council meeting may focus on procedural, compliance issues
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read The upcoming meeting of the Goods and Services Tax Council is likely to focus on procedural issues and clarifications as well…
GST rate rationalisation panel reconstituted with Bihar Deputy CM Chaudhary as convenor
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read The GST Council on Friday made public that Group of Ministers to give recommendation on rate rationalisation has been reconstituted with…
GST Council Meet on June 22: What’s on the agenda? Read here to know more
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read While the agenda for the upcoming GST Council meeting is not known yet, state finance ministers are expected to flag suggestions…
Taxpayers want rationalisation of GST rates, amnesty scheme; Reports
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read As GST completes seven years, taxpayers have demanded rationalisation of rates, faceless dealing with authorities and an amnesty scheme, a survey…
Industry suggests FM to increase Capex, restructure GST slabs and give relief to taxpayers
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read As part of pre-budget deliberation, industry representative bodies met Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Wednesday in…
Waiver, other tax reforms top GST Council’s docket
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read The Goods and Services Tax (GST) Council is likely to consider a number of measures at its meeting on June 22…
Impugned Order liable to be set aside when reply filed by the Assessee in response to the discrepancies raised in returns has not been taken into consideration
By: AdminJune 21, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Madras High Court in Perfect Assayers (P.) Ltd. v. State Tax Officer (ST) [W.P. No. 12083 of 2024 dated June…
Proper Officer had to at least consider the reply on merits and then form an opinion
By: AdminJune 21, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Delhi High Court Mitsubishi Electric India (P.) Ltd. v. Union of India [W.P. (Civil) No. 7443 of 2024 dated May…
GST Council set to amend alcohol tax laws, enable dispute settlement
By: AdminJune 21, 2024Categories: GST Recent News4 Min Read The Goods and Services Tax (GST) Council is planning amendments to GST laws concerning extra neutral alcohol (ENA), a highly pure…