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The Hon’ble Madras High Court in the case of M/s Light Roofing Limited held that purchase tax under Section 7A of the Tamil Nadu General Sales Tax Act, 1959, does not arise on the purchaser merely because the vendor did not pay the tax, when the transaction is otherwise one in which tax is actually payable by the vendor under the Act.
The Tax Research Unit set up by the Commercial Taxes Department has helped Tamil Nadu recover Rs.1,523.95 crore under the Integrated Goods and Services Tax (IGST).
As per the exchange filing, the private sector lender Yes Bank was fined Rs 3 crore by the Tamil Nadu Goods and Services Tax (GST) department on account of various GST issues. However, the bank does not expect any material…
The Hon’ble Telangana High Court in the case of M/s. A.S.E. India v. Union of India [Writ Petition No. 4756 of 2023 dated November 6, 2023] the Impugned Notice, being in contravention of the provisions of the Central Goods and…