Clause 2(IV)(A) of the aforesaid circular prescribed that in respect of units of ETFs, direct transaction with AMCs shall be facilitated for investors only for transactions above a specified threshold of INR 25 Cr.
Held that BGs can be invoked within/ before 90 days from the date of expiry of defect liability period. However, the defect liability period would arise only after the completion of the work.
Understand the provisions of Section 115BAB for new manufacturing domestic companies. Explore tax rates, conditions, exceptions, and the option to opt for this section. Learn about the application process, eligibility criteria, and the timeline for exercising this option. Stay informed on the latest tax regulations for optimal financial planning.
It has been recommended to exclude exemption for pre-packaged and pre-labelled retail pack of food grains, in terms of Legal Metrology, Act.
what is the recent Instruction brought by GST Investigation Wing in respect of recovery of tax during search and seizure?
Explore the impact of the 47th GST Council Meeting held on 28th and 29th June 2022. Uncover the key notifications issued on 5th July 2022, covering exemptions, late fee waivers, extended due dates, and procedural changes. Stay informed about the latest updates in GST law.
Recent order held that turmeric is brought to the market by farmers for sale, certain post-harvest processes like boiling, drying and polishing which are usually carried out by farmers themselves on fresh turmeric harvested from farmland.
Now one of the reasons for the tax getting accumulated in the chain is the inverted rate structure wherein the tax rate applicable on inward supplies is higher than the tax rate applicable on outward supplies.
In re Indian Institute of Management Prabandh Shikhar (GST AAAR Madhya Pradesh) The Executive Post Graduate Programme in Management (EPGP) which is an intensive one year full time academic programme of IIM Indore, is a diploma course specially designed to enhance knowledge, skills and capabilities essential for managing and leading organizations. Participants who meet the […]
Vijay Madanlal Choudhary & Ors. Vs Union of India & Ors. (Supreme Court) (i) The question as to whether some of the amendments to the Prevention of Money-laundering Act, 2002 could not have been enacted by the Parliament by way of a Finance Act has not been examined in this judgment. The same is left […]
