Background: Section 110 and 111 of the Finance Act, 2021 (“Finance Act”) amended Section 35 and 44 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) respectively, …
The Hon’ble Telangana High Court in Satyam Shivam Papers Pvt. Ltd. v. Assistant Commissioner ST & Ors. set aside the order in Form GST MOV-09 passed by the …
GST officers of Andhra Pradesh and the Central governments met here on Thursday to discuss ways to plug revenue leak through coordinated efforts and information sharing. They have drawn …
The Revenue Department has informed that an in-principle agreement has been reached on correcting duty inversion in the textiles sector by prescribing revenue neutral rate on fabrics and garments, …
The GST Council has reduced GST rates on goods being used in COVID related management until September 30, 2021. The decision came by the council in its 44th meeting …
As per the recent tweet of Income Tax India, the Central Board of Direct Taxes (CBDT) has issued refunds of over Rs. 43,991 crore to more than 21.03 lakh taxpayers between …
In Naresh Kumar Goyal v. National Faceless Assessment Centre & Ors. , Naresh Kumar Goyal (“the Petitioner”) challenged the show cause notice and the draft assessment order both dated …
The CBDT vide Notification No. 83/2021, dated July 29, 2021 has issued the Income-tax (21st Amendment) Rules, 2021 to further amend the Income-tax Rules, 1962 (“IT Rules”) in a …
The e-way bill generation is set to cross five crore mark in July, but it is still lower than the all-time high of 7 crore plus registered in March …
The rationalization of the goods and services tax (GST) structure into three slabs by merging two existing slabs is on the cards, and progress should be seen soon, chief …
