The Rajasthan High Court in J.K. Cement Works Vs Commissioner Central Excise case, decides that Oxygen and Acetylene Gas, used in repairs and maintenance, can be claimed as CENVAT Credit.
The Bombay High Court rules that CGST and SGST paid on export transactions cannot be retained by State Authorities. Get the details and analysis of this critical ruling here.
Review of a notable GST appeal case by Madras High Court, where delay in appeal filing was allowed. An important legal precedent for GST disputes.
TDS stands for Tax Deducted at Source. It is a system introduced by the government to collect income tax at the source of income itself. Under this system, a person or entity making specific payments such as salary, rent, interest, professional fees, etc., is required to deduct a certain percentage of tax before making the payment to the recipient. The deducted tax amount is then remitted to the government on behalf of the recipient.
Discover Social Auditor Exam, its objectives, eligibility criteria, and registration process. Learn how social enterprises can raise funds through Social Stock Exchange platform.
The Indian government’s recent decision to review and potentially amend the Arbitration and Conciliation Act of 1996 marks a significant step towards enhancing the arbitration framework in the country
Get the ruling on the classification of Solar Home Lighting System and applicable GST rate. Understand the provisions of the CGST Act and UPGST Act. Learn about HSN code 94055040 and the tax implications. Read the analysis and conclusion by R2V2 Technologies Pvt Ltd (GST AAR Uttar Pradesh).
AAR ruled that hostel accommodation charging less than INR 1,000 per day from August 2021 till July 18, 2022 is exempt from GST. However, from July 19, 2022 and onward the exemption longer applies, and the applicable GST rate is 12%.
Transmission Line shifting for NHAI classified under Service Head 998631, attracts 18% GST (CGST 9% + SGST 9%). GST is levied on the transaction value as per Section 15 of CGST Act, 2017.
Reserve Bank of India has issued a notification announcing the inclusion of NongHyup Bank in the Second Schedule of the RBI Act, 1934. All banks are advised regarding this update.
