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Supreme Court in the Case of Skill Lotto Solutions Pvt. Ltd. Versus Union of India
Case Covered: Skill Lotto Solutions Pvt. Ltd. Versus Union of India Facts of the Case: The petitioner, an authorized agent, for the sale and distribution of lotteries organized by the State of Punjab has filed this writ petition impugning the definition of goods under Section
GST LitigationSection 16(4) challenged in Calcutta high court in Rainbow infrastructure
Section 16(4) challenged in Calcutta high court Section 16(4) of the CGST Act is a provision to put a time bar on the availability of ITC. It says that ITC for the previous year shall be available only up to the filing of the Annual
Madras HC in the case of United Processors Versus The State Tax Officer
Case Covered: United Processors Versus The State Tax Officer Facts of the Case: The Respondent by Order Nos. TNGST 3223580 / 2002-03 dated 23.03.2018, TNGST 3223580 / 2003-2004 dated 23.03.2018, and TNGST 3223580 / 2004-2005 dated 07.05.2018 had re-assessed the liability of the tax in
RBI kept the Repo unchanged, contact less transactions increased to 5000
RBI kept the Repo unchanged In a policy briefing, RBI kept the repo rate unchanged at 4%. The repo rate is the rate of lending by RBI to banks. It is in a downward cycle for a long. It means the loans are available at
GST ComplianceService of GST notice via email, Valid or not ?
Service of GST notice via email Service of notice is an important part of adjudication. The right of being heard can be ensured only by communicating the notice. There are various ways to serve a notice. It can be sent via mail to the registered
CA Shafaly GirdharwalDec 3, 2020Breaking -SC upheld the constitutional validity of GST on lotteries
SC upheld the constitutional validity of GST on lotteries It was controversial for a long. The taxability of the lottery was challanged. It is taxable at 12% and 28%. The value of a lottery ticket is deemed to be inclusive of tax. It was posing
Kerala HC in the case of K.U.Niyas Versus The Assistant Commissioner
Case Covered: K.U.Niyas Versus The Assistant Commissioner Facts of the Case: The petitioner has approached this Court impugning Ext.P2 series of demand cum recovery notices issued to him under the GST Act. It would appear that Ext.P2 series of demand notices were issued to the
Supreme Court in the case of Paramvir Singh Saini Versus Baljit Singh
Case Covered: Paramvir Singh Saini Versus Baljit Singh Facts of the Case: This Court, vide Order dated 03.04.2018 in SLP (Crl) No. 2302 of 2017, reported as Shafhi Mohammad v. State of Himachal Pradesh (2018) 5 SCC 311, directed that a Central Oversight Body (hereinafter
QRMP Boon or Bane
QRMP Boon or Bane As a trade facilitation measure and in order to ease the process of doing business, the GST Council in its 42nd meeting held on 05.10.2020, had recommended that registered person having aggregate turnover up to five (5) crore rupees be allowed
B. VenakteswaranDec 2, 2020CBIC Issued SOP For Physical Verification
CBIC Issued SOP For Physical Verification CBIC ASKS FOR PHYSICAL VERIFICATION OF PREMISES OF BUSINESSES WHICH HAVE BEEN GRANTED DEEMED GST REGISTRATION BETWEEN AUGUST 21-NOVEMBER 16 Recently, The CBIC vide Instruction (SOP) dated 27th November 2020 has asked field offices to carry out physical verification
TaxTru Business AdvisorsDec 2, 2020Clarification on Export of Gems and Jewellery through Courier Mode: CBIC
Circular No. 52/2020-Customs Sub: Clarification on Export of Gems and Jewellery through Courier Mode-reg. Representations have been received from the Gems and Jewellery Export Promotion Council seeking clarification on whether gems and jewellery is allowed to be exported through courier under the Courier Imports and Exports (Electronic
Statutory Compliance Calendar for the Month of December 2020
Statutory Compliance Calendar for the Month of December 2020 S. No. Actual Date Extended Date Nature of Compliance Compliance Period Nature of Compliance in Detail 1 7-Dec-20 NA TCS/TDS Payment Nov-20 Due date of depositing TCS liabilities for the previous month 2 7-Dec-20 NA Equalisation Levy Payment Nov-20 Equalisation
CA Rohit KapoorDec 1, 2020