April 23, 2019
GST Update

NAA Upholds Profiteering Against ‘Snacks-Supplier’ for Charging GST Despite Foregoing ‘Brand-Name’ Rights

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. […]
April 22, 2019
renewable-energy-certificate

Delhi HC issues a notice regarding Circular levying GST on Renewable Energy Certificate Scrips

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 […]
April 17, 2019
list-of-itr-forms

List of Major Changes made in the ITR Forms

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 […]
April 17, 2019
gst compliance

What Provisions Should You Follow for Smooth GST compliance?

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 […]
April 15, 2019
vidhi-centre

Vidhi Centre report recommends legislative changes to strengthen GST

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 […]
April 15, 2019
the-election-result

GST most likely to undergo a change irrespective of the election result

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 […]
April 12, 2019
GST Changes

What are The Major Changes in GST w.e.f 1st April 2019?

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 […]
April 11, 2019
e-way-bill-reporting

E-Way Bill Reporting Mechanism to be Improved [Report]

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 […]
April 10, 2019
bjp

BJP Manifesto to continue with GST simplification ensuring stable tax regime

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 […]
super-app

Try HostBooks
SuperApp Today

Create a free account to get access and start
creating something amazing right now!

gsp-stamp gsp-stamp safe-to-host