GST compensation cess may support carbon storage plan
The government may use the goods and services tax (GST) compensation cess for a clean energy fund to help access…
Month: January 2023
Record e-way bills in December point to robust GST receipts in January
Monthly generation of e-way bills or electronic permits required for shipment of goods within and across states has shot up…
High Court notice to Telangana on vacancies in GST tribunals
The High Court on Monday issued notices to Telangana and the authorities of its tax regime, seeking answers from them…
Transactions worth Rs 12,000 crore by insurers under taxman’s lens
Transactions of more than Rs.12,000 crore are under the scanner of the income-tax department that is probing several commission agents…
Bail granted for alleged availment/ passing of fake ITC to avoid prolonged detention beyond the statutory period
The Hon’ble Rajasthan High Court in the case of Gaurav Kakkar v. Directorate General of GST Intelligence, Jaipur Zonal Unit…
No Late fees to be charged if returns not filed due to cancellation of GST registration, which was restored subsequently
The Hon’ble Calcutta High Court in M/s. Modicum Enterprise (OPC) Private Limited v. Deputy Commissioner of State Tax/ Assistant Commissioner…
Government may restrict Input Tax Credit on CSR expenditure in the upcoming Budget 2023-24
The government is likely to introduce amendments to Goods and Services Tax (GST) law through the Finance Bill, 2023, denying…
Bicycle industry seeks GST relief in Budget 2023
The bicycle industry is passing through a recessionary phase and the Central or state governments have failed to address the…
Govt. working on making GST audits uniform across the country
The Central and state governments are working on making goods and services tax (GST) audits uniform across the country which…
CTU failed to charge service tax from the passengers of air-conditioned (AC) buses from the prescribed dates.
Officials of the Chandigarh Transport Undertaking (CTU) will face the music for their failure to charge service tax from the…