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The Hon’ble Bombay High Court (“the High Court”) in the case of M/s. Euro Pratik Sales Corporation [W.P No.3380 OF 2022 dated November 17, 2022] allowed Petitioner to submit a physical application for restoration of Goods and Services Tax (“GST”)…
The Hon’ble High Court, Jharkhand (“the High Court”) in the case of M/s. Usha Martin Ltd. v. Additional Commissioner & Ors. (W.P.(T) No. 3055 of 2022) dated November 10, 2022, quashed the proceedings initiated by Joint Commissioner (“the Respondent”) by…
The state finance ministers’ panel for GST levy on casinos, online gaming and horse racing will submit its report to the GST Council next week, Meghalaya Chief Minister Conrad Sangma said on Friday. Sangma-headed Group of Ministers (GoM) held its…
Competition Commission of India will examine cases in relation to price reduction due to Input Tax Credit or GST Rate reduction from 1st Dec 2022
Supplies made under a government scheme may not be out of the purview of Goods and Services Tax (GST) if they are not directly made to governments or local authorities. The West Bengal Authority for Advance Rulings (AAR) has clarified…
Industry body CII has pitched for a reduction in personal income tax rates, decriminalisation of the goods and services tax and a relook at the capital gains tax rates as part of its agenda presented to the government for the…
The Cyberabad Special Operations Team (Balanagar) zone arrested two persons who were posing as GST officials and had cheated 18 persons to the tune of Rs 28 crore. The arrested persons are Burujukindi Narayana Goud (57) of Rajanna Sircilla district…
Officials of the Central Goods and Services Tax (CGST) in Navi Mumbai have arrested a company owner and his aide for allegedly availing and passing on fake input tax credit to the tune of Rs 20.96 crore, an official said…
The Gujarat State Goods and Service Tax (GST) in a joint operation with the Anti-Terrorist Squad and Crime branch were on Sunday carrying out searches at more than 205 premises owned by 115 firms and were also questioning 91 people…
The government is expecting a Rs.3-3.5 lakh crore jump in tax revenue in the current fiscal year as per revised estimates of accounts for FY23 that will be presented in the February budget, officials said. Improved compliance, the post-pandemic economic…