CGST Circular 213/07/2024 clarifies GST applicability on ESOP/ESPP/RSU provided by foreign holding companies to Indian subsidiaries’ employees.
Clarification on evidence for ITC reversal on discounts via tax credit notes under Section 15(3)(b)(ii) of CGST Act. Read Circular 212/6/2024.
Clarification on time limits for ITC on RCM supplies from unregistered persons under Section 16(4) of CGST Act. Read Circular 211/5/2024.
CGST Circular 210/4/2024 clarifies the valuation of import services by related persons with full ITC eligibility. Learn the key points and implications.
The Bombay High Court releases a minor accused in the Pune Porsche accident case, ruling the Juvenile Justice Board’s remand orders illegal.
Read the latest CGST Circular 208/2/2024 for clarifications on special procedures for manufacturers as per Notification No. 04/2024 dated 05.01.2024.
Bombay High Court overturns MVAT on vehicle registration, handling, and insurance charges in Chavan Motors Division India Pvt. Ltd. vs State of Maharashtra.
CGST Circular 207/1/2024 sets new monetary limits for filing appeals to reduce government litigation. Read more on the specifics and exclusions.
ICAI Disciplinary Committee imposes ₹15,000 fine on CA. Devashish Garodia for professional misconduct, including improper auditor communication and tender guideline violations.
ICAI Disciplinary Committee orders one-month removal and ₹25,000 fine for CA. Surajit Bhowmick due to professional misconduct, including accepting an audit without prior communication and tender violations.
