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Archive: 25 May 2023

Posts in 25 May 2023

HC stays proceedings under GST till conclusion of proceedings before NCLT & lifting of moratorium

May 25, 2023 4122 Views 0 comment Print

In Associate Décor Limited Vs Deputy Commissioner case, Karnataka HC weighs moratorium’s effect on tax proceedings under IBC, halting them pending resolution.

Lability to pay GST on initial & interim advance

May 25, 2023 1608 Views 0 comment Print

Whether the applicant is required to pay GST on ‘initial advance’ of 5% and ‘interim’” advance of 7.5% on Ex works value of goods supplied

What are the implications of depositing this Rs. 2000 note in Bank?

May 25, 2023 4569 Views 0 comment Print

Understand the implications of depositing the Rs. 2000 note in banks amid its withdrawal from circulation. Explore challenges, income tax considerations, and the need for accurate currency note counts for a smoother transition.

Govt to release Rs. 75 Coin on New Parliament Building Inauguration day

May 25, 2023 1701 Views 0 comment Print

A coin with a denomination of Seventy Five Rupees will be minted at the Mint under the authority of the Central Government to mark the occasion of the Inauguration of New Parliament Building.

UTGST: Change in constitution of Authority for Advance Ruling

May 25, 2023 852 Views 0 comment Print

The Ministry of Finance, Department of Revenue, has issued Notification No. 02/2023 – Union Territory Tax on May 25, 2023. This notification amends the previous notification No. 14/2018-Union Territory Tax, published on October 8, 2018, regarding the Authority for Advance Ruling in Union territories. The names of the Union territories and the designated members of […]

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