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Archive: 19 September 2019

Posts in 19 September 2019

Management of Data Centres, Storage infrastructures, Networks falls under SAC 998316

September 19, 2019 9741 Views 0 comment Print

In re GDC Dimension Data Pvt. Ltd. (GST AAR Karnataka) What is the correct Service Accounting Code (SAC) for the services mentioned below in terms of Notification No. 11/ 2017–Central Tax (Rate) dated 28th June 2017 a. IT Support Services b. IT Managed Services? The Managed Services provided by the applicant have also been examined […]

GST on marketing service provided by McAfee India to McAfee Singapore

September 19, 2019 2334 Views 0 comment Print

In re McAfee Software (India) Pvt. Ltd. (GST AAR Karnataka) a) Whether the marketing service provided by the application is taxable under the GST provisions and if yes, what is the SAC and the applicable rate of tax? The services supplied by the applicant to McAfee Singapore are covered under the SAC 998599 (if not […]

Back-end support services classifiable under Tariff Heading 9985

September 19, 2019 2061 Views 0 comment Print

In re Fulcrum Info Services LLP (GST AAR Karnataka) a) Whether the back-end support services provided by the applicant to the Juniper Inc. under the agreement would be classified as ‘Support Services’ under the Tariff Heading 9985 of Notification 11/2017 – Central Tax (Rate) dated 28.06.2017? b) Whether the services in question would be treated […]

Classification of goods not alter on account of supply to Railways

September 19, 2019 2289 Views 0 comment Print

The filters are classifiable under HSN Heading 8421. The classification of the goods shall not alter on account of supply by distributor to Railways.

Parts of tillers classifiable under HSN Code 8432 90 90

September 19, 2019 6186 Views 0 comment Print

In re V.S.T Tillers Tractors Ltd. (GST AAR Karnataka) Whether the applicant is right in classifying certain components, spares and accessories with HSNs under reference applicable to Tractors, Tillers and other farm equipments though such goods are sold to them under different HSNs attracting peak rate due to certain constraints. 1. Parts of the tillers […]

Extend due date for filling tax audit reports & related Income tax returns

September 19, 2019 85785 Views 37 comments Print

It is requested that the due date for filling of Tax audit reports & Income tax returns falling due on 30th September be extended to 15th November 2019. Request been made to Smt. Nirmala Sitaraman, Union Minster of Finance, Government of India. Text of the Representation is as follows:-

SEBI (Buy-Back of Securities) (Second Amendment) Regulations, 2019

September 19, 2019 2229 Views 0 comment Print

Securities and Exchange Board of India (Buy-Back of Securities) (Second Amendment) Regulations, 2019 shall come into force on the thirtieth date day from date of their publication in the Official Gazette.

HC allows Petitioner to file GST TRAN-1 manually & claim ITC

September 19, 2019 11130 Views 0 comment Print

The Court is satisfied in the present case that the Petitioner was unable to fill the TRAN-1 Form on account of bonafide difficulties and that, therefore, the Petitioner should be afforded one more opportunity to do so.

FAQs on Overseas Direct Investments

September 19, 2019 54280 Views 7 comments Print

Where are the guidelines pertaining to overseas direct investments available and how to get clarifications pertaining to the guidelines on overseas investment?

HC allows petitioner to file TRAN-2, not filed due to technical glitches

September 19, 2019 1143 Views 0 comment Print

M/s. Baril Marketing Pvt. Ltd. Vs Union of India and 5 Ors. (Gauhati High Court) This Court is of the view that if there is a provision made for filing returns electronically and if because of certain technical glitches uploading could not be done in time, on that ground the concerned individual or firm ought […]

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