By: AdminJune 14, 2024Categories: GST Recent News4 Min Read A 35-year-old contractor, resident of Colaba, working with the BMC, was duped by an alleged Chartered Accountant to the tune of…
Imported Goods stored in 3P FTWZ being sold and moved to Bonded Warehouse on ‘as is where is’ basis under MOOWR scheme are not liable to GST
By: AdminJune 14, 2024Categories: Advance Ruling-New4 Min Read The Tamil Nadu AAR, in the matter of M/s. Sunwoda Electronic India Private Limited [Advance Ruling No. 06/ARA/2024 dated April 30, 2024],…
Gujarat AAR Rules 5% GST applies on mix mukhwas
By: AdminJune 14, 2024Categories: GST Recent News4 Min Read The Gujarat Authority of Advance Ruling (AAR) has decided in the case of Bhagat Dhanadal Corporation that a 5% GST applies…
Ahead of GST Council meet, fitment committee may convene to assess proposals on ATF, natural gas
By: AdminJune 14, 2024Categories: GST Recent News4 Min Read The GST fitment committee to likely to convene ahead of the GST Council meet scheduled for June 22, with the agenda…
Bring petroleum products, realty, and electricity under GST: CII President
By: AdminJune 14, 2024Categories: GST Recent News4 Min Read The Confederation of Indian Industry (CII) president on Thursday said petroleum products, electricity, and real estate must be brought under the…
Finance Ministry invites pre-budget suggestions from Industry and Trade Association for Budget 2024-25 regarding changes in direct and indirect taxes
By: AdminJune 14, 2024Categories: budget 2024-254 Min Read The Government of India, Ministry of Finance, Department of Revenue, Tax Research Unit has issued a latter vide F. No.334/1/2024-TRU dated June…
Reforms in customs duties, GST, commerce to push India’s growth: GTRI
By: AdminJune 14, 2024Categories: GST Recent News4 Min Read Implementation of key strategic reforms such as simplification of customs duty structure, GST, and not incentivising low value-added electric vehicles would…
GST Crackdown: Eateries and Ice Cream Parlours in Gujarat Evade Taxes Using Personal QR Codes
By: AdminJune 13, 2024Categories: GST Recent News4 Min Read In a recent crackdown, the state Goods and Services Tax (GST) department exposed significant tax evasion among various eateries and ice…
Mandatory Biometric Verification at GST Service Centers keeps bogus applicants away; 25% fall in average monthly registrations
By: AdminJune 13, 2024Categories: GST Recent News4 Min Read To promote transparency in the GST registration process and prevent bogus registrations, 12 GST Service Centers were launched across Gujarat in…
No Service Tax on revenue sharing agreement between exhibitor & distributor for exhibiting film
By: AdminJune 13, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Supreme Court in Commissioner of Central Excise and Service Tax Ludhiana v. AB Motions Pvt. Ltd. [Civil Appeal Diary No(s).…