Source: Taxscan Director General Anti Profiteering vs. Dev Snacks [TS-246-NAA-2019-NT] National Anti-Profiteering Authority (NAA) upheld a case of profiteering u/s 171 of CGST Act, 2017 against supplier of snacks (i.e. […]
Source: GST Sutra Delhi HC issued a notice to Revenue in writ challenging Circular No. 46/20/2018-GST levying 12% GST on Renewable Energy Certificate (REC) scrips. It noted the Petitioner’s argument […]
Source: livemint Some major changes in the Income Tax Returns (ITRs) were notified by the Govt. The taxpayer will now have to provide additional details such as days of residency […]
Since the implementation of GST on 1st July 2017, frequent amendments have been going on in the GST law and provisions, which has kept the businesses, professionals, tax practitioners, and […]
Source: Business Standard The launch of GST evoked an unprecedented range of emotions and eagerness about the legal and political schemes to transition to the GST regime. Given the paradigm […]
Source: New Indian Express The controversial Goods and Services Tax (GST) is all set for a refit regardless of who comes to power in the forthcoming elections. Top finance ministry […]
Source: TaxGuru With the beginning of the new Financial Year of 2019-20 CBIC (Central Board of Indirect-Taxes and Customs) has issued some important notifications to bring the GST recommendations into […]
Source: Outlook India Owing to the mismatches in e-way bill submissions, the Centre is scrutinizing GSTN data to see if it should consider withdrawing the facility of generating multiple e-way […]
Source: Taxsutra The BJP economic policy aims at lowering the tax rate, improving compliance, and broadening the tax base. The improved compliance and increased tax base have resulted in a […]