July 10, 2019
Source: The Economic Times With a broader view of providing a major relief to exporters, the Centre will now pay the Input Tax Credit refunds of state taxes, thereby minimizing […]
July 9, 2019
Incentives, discounts, and schemes are often offered by suppliers to dealers in order to promote sales. However, the taxability of these incentives, discounts, and schemes under GST can be complex. […]
July 8, 2019
Source: The Economic Times The Union Finance Minister, Nirmala Sitharaman, on July 5th, 2019 presented the Annual Budget for the Financial Year 2019-20 in Parliament. This budget is being said […]
July 5, 2019
Source: Business Line According to the order issued by Maharashtra Authority for Advance Ruling (AAR), Input Tax Credit will not be available on GST paid on expenses incurred towards promotional […]
July 3, 2019
Source: The Economic Times Fresh off winning a clear mandate in the national election in May 2019, Modi 2.0 is almost ready to bring out the first Union Budget of […]
July 2, 2019
Source: The Economic Times The July 31st, 2019 deadline is reaching nearer for filing Income Tax Return of Fiscal Year 2018-19. The Income Tax Department has already opened the window […]
July 1, 2019
Source: Deccan Herald The Goods and Services Tax has completed 2 years. On this occasion, the finance ministry has come up with some further reforms – the introduction of a […]
June 28, 2019
Source: Business Line According to the Audit Plan for 2019-20, prepared by the Directorate-General of Audit (Indirect Taxes) under the Central Board of Indirect Taxes & Customs (CBIC), small taxpayers […]
June 27, 2019
Source: Business Line Fears that the GST would disturb India’s litigation problem seem to be coming true as far as anti-profiteering is concerned. Recently, the GST Council extended the tenure […]
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