No service tax on ancillary services for sale of goods when included in the full invoice value
The CESTAT, Ahmedabad in M/s. Jivan Jyot Motors Pvt Ltd. [Service Tax Appeal No. 13811 of 2014-DB dated July 24,…
Tag: VAT
Karnataka HC asks govt bodies to bear differential GST burden
The Karnataka High Court has ruled that contractors, whose projects fell between the VAT and GST regimes, need to pay…
One-time settlement policy for tax defaulters on cards
The government is all set to bring a one-time settlement policy for over 44,000 defaulters of various state taxes, including…
Business seek one time settlement scheme for old VAT assessment
Jittery over the show-cause notices being issued by State Goods and Services Tax (SGST) department for value added tax (VAT)…
High Court: Sale of wheat bran exempt from VAT
The Orissa high court has held that sale of ‘chokad’ (wheat bran) irrespective of the purpose for which it is…
Credit of unadjusted TDS under VAT can be transitioned into GST regime
Whether the Petitioner is entitled to migrate and transition the TDS amount as ‘a credit of the amount of VAT’ in GST regime in its ECL? Jharkhand High Court held that the assessee is entitled for migration of the TDS amount in terms of Section 140(1) of the Central Goods and Services Tax Act, 2017.
Supreme Court notice on Kerala GST law permitting levy of tax under repealed VAT regime
The Supreme Court has sought response from commercial tax authorities in a petition challenging the legality of provisions in the…
Subsidy received from the Govt. in the form of Refund of VAT and CST, to encourage industrial growth, is a capital receipt: Pune ITAT
The Pune Bench of ITAT has ruled that a subsidy granted by the State of Maharashtra, with the objective of…
States gained Rs 49k crore when fuel prices rose, have room to cut VAT: SBI
States have room to cut value added tax (VAT) on petrol and diesel as they gained Rs 49,229 crore from…
GST, VAT to contribute over 62% to total receipts of Delhi govt in FY23
The GST and the VAT will be the biggest contributors to the Delhi government’s tax revenue which is estimated at…