Follow Us:

Archive: 10 July 2024

Posts in 10 July 2024

Exemption from GST Annual Return Filing for FY 2023-24

July 10, 2024 2097 Views 0 comment Print

Explore Notification No. 14/2024-Central Tax exempting GST registered persons with turnover up to Rs. 2 crores from filing annual returns for FY 2023-24.

CBIC rescinds Notification no. 27/2022-Central Tax dated 26.12.2022

July 10, 2024 1968 Views 0 comment Print

Explore Notification No. 13/2024 – Central Tax rescinding previous regulations. Learn its impact and implications in this detailed analysis.

IGST: E-commerce Operator TCS collection rate reduced to 0.50%

July 10, 2024 10296 Views 0 comment Print

Notification No. 01/2024-Integrated Tax dated 10th July 2024: E-commerce operators (not agents) now collect 0.5% (reduced from 1%) on net value of inter-State taxable supplies from 10th July 2024.

Central Goods and Services Tax (Amendment) Rules, 2024

July 10, 2024 14985 Views 0 comment Print

Explore the latest amendments to the Central Goods and Services Tax Rules 2017 with Notification No. 12/2024. Detailed analysis on rule changes, impact, and compliance updates.

Extended period cannot be invoked without establishing suppression or fraud

July 10, 2024 1437 Views 0 comment Print

CESTAT held that for extended limitation period to apply, department must establish elements such as suppression or fraud. Since no such allegations were made in notices, extended period could not be invoked.

UTGST: E-commerce Operator TCS collection rate reduced to 0.25%

July 10, 2024 714 Views 0 comment Print

Notification No. 01/2024-Union Territory Tax dated 10th July 2024: E-commerce operators (not agents) now collect 0.25% (reduced from 0.5%) on net value of intra-Union Territory taxable supplies from 10th July 2024.

No TDS on Payments Received by Distributors/Franchisees from Third Parties

July 10, 2024 1026 Views 0 comment Print

Calcutta High Court rules in favor of Vodafone Idea Limited, stating no TDS is required on payments received by distributors/franchisees. Detailed analysis inside.

Matters Involving Tax/GST: Assessee Should Utilize Provided Appeal Provision

July 10, 2024 639 Views 0 comment Print

Allahabad HC directs N.G.K Infra Ventures to file an appeal u/s 107 of GST Act, emphasizing the utilization of appeal provisions in tax disputes.

Merchant Overtime Fee: Not for services by Central Excise officers: Gujarat HC

July 10, 2024 879 Views 0 comment Print

Gujarat High Court rules that Merchant Overtime (MOT) charges cannot be levied for services provided by Central Excise officers during office hours.

Basel III Capital Regulations – Eligible Credit Rating Agencies (ECAI)

July 10, 2024 1761 Views 0 comment Print

Understand RBI’s latest guidelines on Basel III Capital Regulations and the use of credit ratings from accredited agencies like Brickwork Ratings India.

Search Post by Date
June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930