CBIC suspends Bengaluru CGST officials arrested by police for alleged extortion charges
The CBIC on Friday said it has suspended some CGST officials in Bengaluru who have been arrested by the city police for alleged extortion charges …
No GST on R&D grants to educational institutes
The GST Council’s decision to exempt research and development (R&D) grants to educational institutions from GST is a transformative move for India’s higher education. It reduces financial burdens while fostering …
Madras HC seeks Centre’s response on PIL to bring petrol, diesel under GST
The Madras High Court has directed the Centre to respond within four weeks on a Public Interest Litigation (PIL) filed for bringing petrol and diesel under the Goods and Services Tax (GST) …
No clarity on GST on services imports
As the 54th GST Council has granted exemption to the foreign airlines, various sectors facing tax notices on import of services are urging the government for clarity on the issue …
GST council’s nod on exempting research grants victory for nation: Atishi
Delhi Finance Minister Atishi on Monday said the GST Council has decided to exempt research grants from the GST net, and called it a victory for the entire nation …
Mahindra Group companies run into ‘brand’ tax
In a move that could open a Pandora’s box and spark an outcry from Corporate India, Mahindra & Mahindra has been served a notice from the office of the goods and …
Four Central CGST officers arrested for extorting Rs. 1.5 crore during fake raid on Bengaluru firm
Bengaluru police on Wednesday announced the arrest of four central GST officers, who allegedly carried out a fake raid on a tech solutions company, “illegally confined” its four employees for …
GST relief on preferred locations may not apply to past cases
The GST Council’s clarification on the taxing process of Preferential Location Charges (PLC) may have brought relief to homebuyers, but questions of its retrospective applicability still remains, as past cases …
GST tweak on commercial rentals to bring higher revenue for govt: Experts
The latest change announced by the Goods and Services Tax (GST) Council regarding taxing rental income from commercial property is likely to improve the government’s tax revenue …
54th GST Council meet: GoM to decide future of GST compensation cess
The all-powerful GST Council, during its meeting on Monday, made several key decisions that include establishing a state panel to examine the future of the compensation cess, proposing the treatment …
