Sponsored
    Follow Us:

Nandi Infratech guilty of Profiteering in its Project ‘Amaatra Homes’

September 5, 2022 5403 Views 0 comment Print

Vijay Pal Sing Vs Nandi Infratech Pvt. Ltd. (NAA) The Authority determines an amount or Rs. 7,28,05,691/- (including 12% GST) under section 133(1) as the profiteered amount by the Respondent from his 768 home buyers/shop buyers/customers which shall be refunded by him along with interest @18% thereon, from the date when the above amount was […]

Panchshil Infrastructure guilty of profiteering in Panchshil Tower project

September 5, 2022 1827 Views 0 comment Print

Applicant No. 1 alleged that the Respondent has not passed on the benefit of ITC to him by way of commensurate reduction in the price on purchase of Apartment No. 503, Tower-E, from the Respondent in the Project Panchshil Towers situated at Kharadi, Pune on the introduction of GST w.e.f. 01.07.2017, in terms of Section 171 of the CGST Act, 2017.

Import of services without discharging GST under RCM detected

September 5, 2022 1461 Views 0 comment Print

In the week gone by officers of Commissionerate of Central Goods & Services Tax (Audit), Gurugram detected a case of foreign exchange expenses incurred on import of services without discharging GST under the Reverse Charge Mechanism.

GST applicable on Common Area Electricity charges collected on actual basis by RWA

August 31, 2022 9435 Views 0 comment Print

In re Close North Apartment Owner’s Association (GST AAR Haryana) Question 1. Whether GST is applicable on the Common Area Electricity charges collected, on actual basis, by the Applicant from the residents of the apartment complex, or not? Yes at the rate of 18% (SGST 9%+CGST 9%) Question 2. Whether GST is applicable on the […]

NAA directs DGAP to recalculate amount profiteered by SVP Builders

August 31, 2022 555 Views 0 comment Print

Dr. Rahul Bamal Vs SVP Builders India Pvt. Ltd. (NAA) The brief facts of the case was that an application was filed before the Standing Committee on Anti-profiteering under Rule 128 of the CGST Rules. 2017, by the Applicant no. 1, wherein it had been alleged that the Respondent had not passed on the benefit […]

Relief from levy of penal damages for delay in deposit of dues / filing of ECR for wage month May, 2021

August 31, 2022 2433 Views 0 comment Print

EMPLOYEES 7PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment Govt of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaiji Cama Place, New Deihi —110 066. No. C-I/MISC./Pandemic Relief/2021/Vol-I/ | Date: 31.08.21 To, All ACC in charge of Zones, All RPFCs in-charge of ROs, All OICs of District Offices Subject: Relief to establishments covered under EPF & […]

Section 54 Capital gain exemption cannot be denied for claim under section 54F & non-filing of revised return

August 30, 2022 5526 Views 0 comment Print

Section 54 Capital gain exemption cannot be denied for claim under section 54F & non-filing of revised Income Tax return

Reg. Startup for fast track corporate insolvency resolution process

August 30, 2022 1401 Views 0 comment Print

Govt has notified that for an application for fast track corporate insolvency resolution process may be made also by a Startup (other than the partnership firm) as defined vide Notification No. G.S.R. 127(E), dated the 19th February, 2019 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 30th August, 2022 S.O. 4142(E).—In exercise of the powers […]

ITAT condones Delay in filing Appeal as Assessee was Imprisoned

August 29, 2022 2118 Views 0 comment Print

ITAT condone delay of 9 years in filing appeal  on account of inordinate delay of about 9 years as assessee was imprisoned to Jail

 NCLAT dismisses appeal of Tax department for casual attitude & non-prosecution

August 28, 2022 288 Views 0 comment Print

Excise and Taxation Department Vs Allied Strips Ltd. & Anr. (NCLAT) This case has been called out after a pass over but no one has put in appearance on behalf of the Appellant. It seems that the Appellant is not interested in pursuing this appeal though a claim has been set up of an amount […]

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728