One of the significant changes proposed by the GST Council in its recently concluded 28th meeting on July 21, 2018 is inclusion of following transactions in Schedule III to …
The recently concluded 28th meeting of GST Council has recommended changes in the GST rates on several goods and brought down the GST rates on number of products bringing …
Recently, a penalty of whopping INR 1.32 crores (approx.) imposed by the Hon’ble High Court (“HC”) of Madhya Pradesh on a transport company namely M/s Gati Kintetsu Express Pvt. …
Though, it has been a year since the implementation of GST, yet there are some problems which require immediate attention of the government to clarify, one of such dubious …
A year-old Goods and Services Tax (“GST”) is all set to see slew of amendments soon. To iron out the practical hindrances and issues being faced by the Industry …
Facts of the case: M/s Five Star Shipping (“the Applicant” or “FSS”) is a partnership firm providing Marine Consultancy Services (“MCS”) to Indian/ Foreign ship owners. MCS provided by …
Introduction: – Greetings to everyone on occasion of completing one-year of GST on 1st July. With the advent of GST regime, we have seen lots of Ups and Downs on …
Supplies to SEZ unit/ Developer are Zero-rated Supply: In terms of Section 16 of the IGST Act, 2017, the following supplies of goods or services are considered as zero-rated …
As per proviso to Section 2(31) of CGST Act, 2017, containing the definition of ‘consideration’, it is stated that a deposit given in respect of the supply of goods …
There are two key determinants of nature of transactions (intra-state or interstate) viz., location of supplier and place of supply. If both are in same state, the transaction would …
