By: AdminJune 01, 2024Categories: Central Excise - 2023|Notification And Circular4 Min Read The Narendra Modi government on Friday (May 31) cut the windfall profit tax on crude petroleum produced in…
HC stays Rs 7 crore GST demand on Tamil Nadu Electricity Regulatory Commission
By: AdminJune 01, 2024Categories: GST Recent News4 Min Read The Madras High Court stayed the show cause notice issued by the Directorate General of GST Intelligence (DGGI) to the Tamil…
CBIC issued Important Guidelines for initiation of recovery proceedings before three months from the date of service of demand order
By: AdminMay 31, 2024Categories: CBIC|GST Law|Notification And Circular4 Min Read The CBIC vide Instruction No. 01/2024-GST dated May 30, 2024 has issued Guidelines for initiation of recovery proceedings before three…
GST Authority’s Defiance of CBIC Instructions Challenged before Allahabad HC
By: AdminMay 31, 2024Categories: GST Recent News4 Min Read Gallantt Ispat Ltd has challenged, before the Allahabad High Court (HC), the defiance by goods and services tax (GST) authorities of…
Lower GST to stem slowdown in sales of life insurance policies: Insurers request GST Council
By: AdminMay 31, 2024Categories: GST Recent News4 Min Read In what could be one of the top agenda items that the Union Government might pick up after assuming office after…
DGFT Clarifies Review Applicability for Advance Authorisations Issued Post-April 2019
By: AdminMay 31, 2024Categories: DGFT|Notification And Circular4 Min Read The DGFT vide Addendum to Policy Circular No.03/2024 dated May 31, 2024 clarifies that the review outlined in Para 4.17 of…
Proper Officer has to mandatorily disclose the reasons for the rejection of the GST Refund
By: AdminMay 31, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Rajasthan High Court in the case of M/s. Maple Luxury Homes v. State of Rajasthan and Ors. [D.B. Civil Writ…
HC grants stay on Demand Order wherein Validity of Extension Notifications Under section 168A of the CGST Act, Challenged
By: AdminMay 31, 2024Categories: Important Pronouncements4 Min Read The Hon’ble High Court of Andhra Pradesh in the case of M/s. Fluentgrid Limited v. The Additional Commissioner of Central Tax and…
Delhi GST Dept issued Instructions for Protecting the interest of the Government revenue while issuing refund under GST and DVAT Act
By: AdminMay 31, 2024Categories: State GST Notification and Circular4 Min Read The Delhi GST Department issued Instructions vide F. No.3(523)/GST/POLICY/2024/1543-51 dated May 22, 2024 regarding the Protecting the interest of…
No Service Tax payable on freight margin recovered from the customer in case of outbound shipments
By: AdminMay 30, 2024Categories: CESTAT|Important Pronouncements4 Min Read The CESTAT, Ahmedabad in the case of Vishal Tansukhbahai Gohel v. Commissioner of Central Excise and Service Tax, Rajkot [Service Tax Appeal…