GST registration applicants’ details will be taken from IT database: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) said on Saturday those applying for Goods and Services Tax (GST)…
Month: January 2023
No Service Tax liability can be imposed on the Builder on cancellation of booking by flat buyer
The CESTAT, Mumbai in Credence Property Developers Pvt. Ltd v. Commissioner of CGST & Central Excise [Service Tax Appeal No.…
Welding of railway tracks along with labour services is a ‘Composite Supply’ taxable at 18% GST
The AAR, West Bengal in the matter of M/s Purple Distributors Pvt. Ltd. [Advance Ruling No. WBAAR 18 of 2022…
GST collection: Karnataka crosses Rs 10,000 crore for third month
Karnataka’s monthly GST collection crossed Rs 10,000 crore for three months in a row, Chief Minister Basavaraj Bommai said Wednesday,…
GST Council may consider relief to steel companies on metal scrap in next meeting
Next GST Council meeting may announce relief to Steel companies on metal scrap. Steel Ministry has sent its proposal to…
Income tax officer held for seeking Rs 10,000 bribe sent to 2-day CBI remand by Mumbai court
A special court here on Thursday remanded an income tax officer to two-day custody of the Central Bureau of Investigation…
Extension of time limit for claiming any exemption under Sec.54 to 54GB of the Income Tax Act, 1961
The Central Board of Direct Taxes (hereinafter referred to as “the CBDT”) had vide Circular No. 12 of 2021 dated…
News of Amnesty Scheme around the corner – Budget 2023
Almost 6 years after the GST has been introduced the GST Tribunal has not been set up yet, so there are lot of pending litigations in GST. In order to clear up these litigations it is very much possible that an Amnesty Scheme in Budget 2023 may be introduced.
LUT application F.Y. 2023-24
Letter of Undertaking (LUT) application for F.Y. 2023-24 can be filed any time now in GSTN.