The CESTAT Bangalore in M/s. Steel Authority of India Ltd. v. The Commissioner of Central Excise [Appeal No. E/562/2008 dated May 25, 2023] set aside the order demanding excise duty on differential quantity of goods based on the ER-1 returns as against the quantity of goods shown in the audited books of accounts. Held that, […]
The Hon’ble Karnataka High Court in the case of Sri Annadurai Muniswamy v. the Additional Commissioner Office of the Commissioner of Central tax [W.P. No. 3966 of 2023 dated April 6, 2023] ordered assessee to file an application for revocation of cancellation of registration in accordance of procedure outlined in the Notification No 03/2023-Central Tax […]
The expression “exempt supply” under GST law is of critical importance, as if a supply of goods or services or both is exempt, no GST is payable on such supplies by the supplier under forward charge mechanism. Further in case any goods / service which are notified by the government for payment under reverse charge […]
The Hon’ble Calcutta High Court in Pramod Kumar Madhogarhia v. The Union of India & Ors. [MAT 729 of 2023 with I.A. No. CAN 1 of 2023 dated May 12, 2023] has set aside the Show Cause Notice (“SCN”) issued under Section 148A(b) of the Income Tax Act, 1961 (“the IT Act”), the consequential orders and the […]
Ludhiana: Allaying apprehensions, the state goods and services tax (SGST) officials have assured the traders and industrialists that those who have not displayed their GSTIN outside their business premises will not face a penalty of Rs. 50,000/-. The businessmen were updated regarding the same by the senior officials of the department. Punjab Pradesh Beopar Mandal […]
Advisory on Filing of Declaration In Annexure V by Goods Transport Agency (GTA) opting to pay tax under forward charge mechanism 30/05/2023 The GTAs, who commence business or cross registration threshold on or after 1st April, 2023, and wish to opt for payment of tax under forward charge mechanism are required to file their declaration […]
CBDT has published a Notification no. S.O. 2352(E) dated 29.05.2023 introducing the scheme e- appeal scheme, 2023. Scope of the Scheme: The Scheme shall apply to appeals, in respect of such persons or class of persons, incomes or class of incomes, cases or class of cases, as covered under section 246 of the Income-tax Act, […]
Lawgics / GST Notes by Advocate and Author Nidhi Aggarwal. Sec.24 and interpretation thereof.
Lawgics / GST Notes by Advocate and Author Nidhi Aggarwal. Sec.23 and interpretation thereof.
Lawgics / GST Notes by Advocate and Author Nidhi Aggarwal. Sec.22 and interpretation thereof.