Dismantling the ‘Mutuality’ Argument: DGGI’s Case Against IMA The Directorate General of GST Intelligence (DGGI) has presented additional evidence before the Kerala High Court, challenging the charitable status of the Indian Medical Association (IMA). This evidence suggests that the IMA, primarily an association of allopathy
Overcoming Regulatory Challenges: OTAs in the Bus Ticketing Industry Online travel agencies (OTAs) are currently spearheading the expansion of the bus ticketing segment, which has emerged as a focal point for growth. Nevertheless, recent policy shifts have presented obstacles, prompting a demand for equitable regulatory
DGFT Notification Allows Merchanting Trade within Single Foreign Country The Directorate General of Foreign Trade (DGFT) has issued a significant amendment to the Foreign Trade Policy, 2023, through Notification No. 62/2023 dated February 29, 2024. This amendment marks a notable shift by permitting merchanting trade
Comment- Every exporter using Paypal should be aware of this judgment. VEry important as in many cases the refund of tax on export was denied if the payment is received in rupees. In the case of an amount received via Paypal, it is received into
Comment- A search was conducted at the premises of the taxpayer. Lateron the same officer issues the notice. The SC decision in case of Ashok Kumar Yadav and others v. State of Haryana and others, (1985) 4 SCC 417. It was upheld that no one
Comment- This is one of the controversial judgments in GST. As we all know that many of us are deprived of our valid input tax credit because it was not claimed in GTSR 3b. This is the normal understanding that it should be claimed in
Introduction: The Hon’ble Madras High Court recently ruled in the case of India Cement Limited v. Commissioner of Customs regarding the eligibility of CENVAT credit for electricity supplied to sister units. This landmark decision addresses the interpretation of relevant provisions under the Central Excise Act
Introduction: In a significant operation against the illegal import of foreign-origin cigarettes and other contrabands, the Customs Commissionerate in Indore, under the Bhopal Zone, executed the destruction of a substantial quantity of smuggled goods. This operation targeted the unlawful trafficking of cigarettes and related products,
Introduction: The Hon’ble Madras High Court, in the case of M/s. Great Heights Developers LLP v. Additional Commissioner Office of the Commissioner of CGST & Central Excise, Chennai, allowed an appeal before the Appellate Authority, emphasizing the validity of medical reasons for delay in filing
At present, the taxpayers of the country are not only troubled but also unhappy and feeling offended by the continuous and large number of notices related to various issues related to both GST and Income Tax taxes. Tax assessment and scrutiny of returns in GST
