Standard Operating Procedure (SOP) for attachment or detachment of Bank account – Delhi GST Dept.
Department of Trade and Taxes, Vyapar Bhawan, I.P. Estate New Delhi (Policy Branch) has published Standard Operating Procedure (“SOP”) vide…
Month: February 2023
GST on cement: FM Nirmala Sitharaman makes big statement
Finance Minister Nirmala Sitharaman has hinted that the government could review the GST on cement as a step towards easing…
A compilation of significant Judicial and Advance Rulings in GST
The Institute of Chartered Accountants of India (ICAI) has published a compilation on Significant Judicial and Advance Rulings in GST.…
Handbook on Blocked Credit under GST
The Institute of Chartered Accountants of India (ICAI) has published a handbook on Blocked Credit under GST. This is the…
Handbook on Exempted Supplies under GST
The Institute of Chartered Accountants of India (ICAI) has published a handbook on Exempted Supplies under GST. The First Edition…
Bail denied to accused of fake invoices due to ongoing investigations to unearth more fake suppliers
The Apex Court has refused to interfere with the order passed by the Hon’ble Chhattisgarh High Court, wherein bail was denied to the accused in the alleged matter for availment of wrong Input Tax Credit, on the ground that investigations were still going on for detecting more fake suppliers and investigations might be hampered if bail was granted.
GST @ 5% is leviable on all types of jaggery, pre-packaged and labelled
The AAR, Karnataka in the matter of M/S Prakash and Company [Advance Ruling No. KAR ADRG 06/2023 dated January 23,…
Refund application cannot be rejected without providing opportunity of personal hearing to the assessee
The Hon’ble Madras High Court in M/s. Lenovo India Private Limited Vs Assistant Commissioner of GST & Central Excise in…
Government will not merge GST tax rates in 2023-24; government official says
India will not overhaul its Goods and Services Tax (GST) regime in the next fiscal year, a senior official said…
Central government will pay Rs.689 crore to Andhra Pradesh towards GST compensation, says FM Nirmala Sitharaman
The Central government has accepted that ₹689 crore is pending to Andhra Pradesh as GST compensation for the period between…