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Clarification on RCMC Requirement for FTP 2023 Schemes

October 4, 2024 1761 Views 0 comment Print

No RCMC required for RoSCTL, RoDTEP, and Duty Drawback under FTP 2023 post-export remission schemes. Learn about specific requirements for FTP 2023 benefits.

Guidelines for Office Space & Manpower utilisation in Ship Leasing at IFSC

October 4, 2024 924 Views 0 comment Print

IFSCA issues guidelines for finance companies on sharing office space or manpower for ship leasing activities in the International Financial Services Centre.

Advance Ruling Application Rejected: Query Not Covered Under Section 97(2) of CGST Act, 2017

October 3, 2024 663 Views 0 comment Print

Application by AKS Expo Chem for GST advance ruling rejected. Question not covered under Section 97(2) of CGST/WBGST Act, 2017. No ruling pronounced.

GST Ruling on E-Commerce Operator Status for Yatri Sathi App

October 3, 2024 1641 Views 0 comment Print

Explore the GST AAR ruling on whether Yatri Sathi App qualifies as an e-commerce operator in providing transportation services under GST laws.

GST on Baby Carrier with Hip Seat: 5% for Value ≤ ₹1,000 & 12% for Value > ₹1,000

October 3, 2024 1563 Views 1 comment Print

Supply of Baby Carrier with hip seat as manufactured by the applicant shall be covered under HSN 6307 90 and would attract tax @ 5% when sale value does not exceed Rs. 1,000/- per piece and @12% when sale value exceeds Rs. 1,000/- per piece.

GST on Catering & Premise Rental Services in Clubs

October 3, 2024 4035 Views 0 comment Print

AAR West Bengal clarifies GST rate on catering services with premise rentals in clubs, addressing composite supply and applicable tax rates.

RTI Act doesn’t mandate public authorities to provide opinions on Reliance Big FM’s acquisition

October 3, 2024 609 Views 0 comment Print

The RTI appeal by Unni Gorla regarding Reliance FM’s acquisition was dismissed as the queries did not meet the RTI Act’s information criteria.

Interest Charges by HDFC Bank Considered Inward Supply for Threshold Calculation of 80% under GST

October 3, 2024 1248 Views 0 comment Print

Learn if HDFC Bank’s interest charges qualify as inward supply under GST for calculating the 80% threshold in our analysis of the West Bengal AAR ruling.

GST Treatment for Second-Hand Gold Jewellery: AAR West Bengal Ruling

October 3, 2024 2205 Views 0 comment Print

GST AAR ruling clarifies tax applicability for businesses dealing in second-hand gold jewellery. Key conditions for margin scheme discussed.

Deepti Gaur Mukerjee Appointed IEPF Authority Chairperson

October 3, 2024 2256 Views 0 comment Print

Smt. Deepti Gaur Mukerjee appointed as chairperson of the Investor Education and Protection Fund Authority by the Ministry of Corporate Affairs on October 3, 2024.

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