The central issue in this case revolved around the applicability of service tax on the retention of freight amounts, specifically the profits retained by the taxpayer in freight trading. The tax department contended that this activity fell under the purview of service tax, classified as
The upcoming meeting of the Goods and Services Tax (GST) Council is set to include a review of the developments in anti-profiteering matters. During this meeting, the Council will receive an update on the performance report of the Competition Commission of India (CCI) for the
The author can be reached at shaifaly.ca@gmail.com Background- The issue of tax on corporate guarantee in GST is settled now. The personal guarantee given by the director is taxable now. Although many corporates were getting the notices earlier also. There was a lack of clear
The author can be reached at shaifaly.ca@gmail.com The GST Council held its 52nd meeting today. As we all know formation of a GST tribunal was pending for a long. In recent times the government has issued a notification for the formation of a Tribunal. But
The author can be reached at shaifaly.ca@gmail.com A lot of you may be suffering due to this issue in GST. Many taxpayers failed to file their appeal because they didn’t find the notice or order on time. A big amount of demand was due for
All updates related to the GST Council’s 52nd Meeting will be updated here – No GST rate cut on EV batteries as the fitment committee rejected the proposal. – Delhi minister Atishi Singh favoured the Online gaming companies and opposed the notices sent to them
Cases Covered G.Moorthi Vs. 1. The Recovery Officer Facts of the cases: In a recent case, the Madras High Court made a significant observation regarding the use of PAN (Permanent Account Number) particulars as a means of individual identification. The court emphasized that PAN details
The Department of Trade & Taxes has introduced a Centralized GST Registration Hub (Service Center) aimed at enhancing the efficiency of the GST Registration application process. This initiative is designed to simplify the registration procedure, minimize instances of automatic or deemed registrations, and strengthen the
In a recent legal case that has garnered considerable attention, YouTuber Akshay, operating under the pseudonym “Dicapscoop” on YouTube and Instagram, found himself in a courtroom battle with a company specializing in the sale of refined oil products. The company alleges that Akshay, through his
Introduction- At the time of partition, the division was done in a very erroneous manner. Soon the governments of both countries decided to reach some type of agreement. A pact was signed between the then Prime minister of India Jawahar Lal Nehru and the Prime
