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The Chief Minister said the One Time Settlement Scheme-2025 will provide great relief to thousands of taxpayers, especially small shopkeepers, entrepreneurs and traders. This scheme will give an opportunity to taxpayers to make a new beginning by freeing them from the old financial burden.
In a move aimed at easing financial stress on traders and boosting revenue, Haryana chief minister (CM) Nayab Singh Saini launched the One Time Settlement Scheme 2025 in Kurukshetra on Sunday. The scheme is designed to provide relief to thousands of small shopkeepers, traders and entrepreneurs with pending tax dues.
TajGVK Hotels on Thursday said it has received an assessment order amounting to Rs 42.13 lakh in tax demand, interest and penalty related to “mismatch” in service tax abatement availed by the company.
Lottery distributors are not liable to pay service tax to the Union government, the Supreme Court held on Tuesday while dismissing an appeal of the Centre on the issue.
The CESTAT, New Delhi in the case of M/s Nokia India Pvt. Ltd. sets aside demand of service tax under ‘Business Auxiliary Services’ rendered by an Assessee to overseas counterpart on finding that benefit of ‘export of service’ is ‘wrongly’ denied.
The Hon’ble Supreme Court in the case of Union of India & Anr. dismissed the SLP filed by the Revenue Department (“the Petitioner”) after a delay of 229 days. The SLP was against the Delhi High Court Judgment which permitted the refund of CENVAT credit under Rule 5 of the CCR to M/s BT India (Private) Limited (“the Respondent”) and held that finalised assessment cannot be reopened in refund proceedings absent any challenge to self-assessed returns.
The CESTAT, Ahmedabad in the case of Utility Labour Suppliers held that demand of service tax cannot be raised when the tax liability has already been discharged under RCM.
The CESTAT, Ahmedabad in the case of Krish Corporation allowed the appeal and reduced the tax demand wherein the tax demand has been raised solely based on the statements of various witnesses during investigation without any evidence and further corroboration.
The Hon’ble Supreme Court in the case of The Additional Commissioner of Commercial Taxes granted leave and allowed appeal, wherein M/s. Shankara Infrastructure Materials Ltd. (“the Respondent”) was duly served notice, however, no appearance was made before the officer.
The Hon’ble Madras High Court in the case of M/s Ohm Srinivasa Paper Boards (P.) Ltd. directed the Assessee to pay balance amount for the past period in 12 monthly installments from August 01, 2024 to July 01, 2025, considering the accumulated losses and partial payment is already made, where the Assessee failed to discharge the liability as per law under Section 142 of the CGST Act. Hence, the writ petition was disposed of.