HC held that Service Tax cannot be levied on affiliation fee and fees collected for other incidental activities by universities for providing educational services.
Stay updated on the latest developments in GST till 23rd August 2022. Explore recent Supreme Court judgments, circulars, and more.
The cases for write-off shall be initiated after adequate steps for recovery of demand have been undertaken. The foremost task for recovery of outstanding demand is the identification of movable or immovable property of a defaulter that can be attached and sold for recovery of outstanding demand(s).
Income Tax Department conducts searches in Gujarat The Income Tax Department carried out a search and seizure operation on 09.08.2022 on a business group primarily engaged in manufacturing and trading of ceramic tiles. The search action covered a total of 36 premises, spread across Rajkot, Morbi, Ahmedabad, Raipur, Guwahati, Gurgaon, and Kolkata. The search operation […]
Held that refund under rule 5 of the Cenvat Credit Rules is available on legal services offered by the assessee to the recipient of service located outside the taxable territory.
Understand the compliance requirements of Rule 25B of Companies (Incorporation) Rules. Learn about the power granted to ROC to conduct physical verification of registered offices.
SEBI Settlement Scheme 2020 provides an opportunity for settlement to entities who have executed reversal trades in the illiquid stock options segment of BSE between April 1, 2014 to September 30, 2015
High Court held that taxpayers cannot be asked to wait endlessly for the respondents to contest the order of the Commissioner (Appeals).
In re M.N. Solar Co. (GST AAR Haryana) AAR held that that the combination of solar panel, inverter, solar battery and charge controller may qualify as “Solar Power Generating System. If said items are supply in the assemble form, it will covered under ‘Solar Power Generating System’ and will be treated as composite supply. Accordingly […]
1. First 5 states together (i.e Maharashtra, Gujarat , Karnataka , Tamil Nadu, Uttar Pradesh) contribute 50% of GST collection of total of country .2. First 10 state contributes 75% of GST collection of Country (These 10 states are Maharashtra , Gujarat, Karnataka, Tamil Nadu, Uttar Pradesh, Haryana, West Bengal, Delhi, Telangana and Odisha).
