Understanding the impact of fake invoices under GST – Demand and penalty provisions. Explore the consequences for issuing tax invoices without actual supply of goods or services, and the penalties involved. Stay informed on GST compliance.
The DESH bill seeks to expand the ambit of the SEZs firstly to make them WTO-compliant and perform roles that go beyond export orientation.
NCLT held that Applicant is not even a stakeholder in respect of the Corporate Debtor and, a complete third-party to the proceedings before this Tribunal and has no locus standi to question initiation of proceedings under Section 7 of the Insolvency and Bankruptcy Code against the Corporate Debtor.
Atul Waichal Vs Wadhwa Realty Pvt. Ltd. (NAA) The Authority finds that, the ITC, as a percentage of the turnover, that was available to the Respondent during the pre-GST period (April-2016 to June-2017) was 2.80%, whereas. during the post-GST period (July-2017 to September, 2019), it was 2.83%. This confirms that in the post-GST period, the […]
HC held that any adjudication order is non-est in the eye of law if the same is passed without issuance of proper show-cause notice being dehors principle of natural justice.
Order of cancellation of registration was set aside by Tribunal and, therefore, direction was issued to assessing officer to assess assessee as a trust and not as AOP
Public Relations Committee The Institute of Chartered Accountants of India 21st July 2022 ICAI Press Release The Institute of Chartered Accountants of India (ICAI) today announced the results of Chartered Accountants Intermediate Examination held in May, 2022. Chartered Accountants Intermediate Examination held in May, 2022 I. Detail of All India Topper for Intermediate Examination held in May, […]
Claim: There will be 18% GST on Crematorium Services #PIBFactCheck This claim is #Misleading. There is no GST on funeral, burial, crematorium, or mortuary services. In this reference GST @ 18% is only applicable for work contracts and not the services.
गेहूं , आटा एवं अन्य खाध्य सामग्री पर जो कर पहले ब्रांडेड सामग्री पर लगता था वह अब ब्रांडेड से हटा कर अब सभी प्रकार की पेकेजड सामग्री , जिसे हम आगे पैक्ड सामग्री कहेंगे पर आ गया है . सरकार के अपने कारण है और इसमें से सबसे बड़ा कारण से उन्होंने बताया वह […]
DCIT Vs Continental Warehousing Corporation (Nhava Sheva) Ltd (ITAT Pune) The only issue is to be decided is as to whether the CIT(A) justified in allowing deduction u/s. 80IA(4) of the Act in respect of Container Freight Station (CFS). At the outset, we note that this issue is covered in favour of the assessee by […]
