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In re Sundaram Clayton Limited (GST AAR Tamilnadu)

December 16, 2023 1062 Views 0 comment Print

M/s. Sundaram Clayton Limited, Auto Ancillary, SEZ, AA5, VI Avenue, Mahindra World City, Natham, Kanchipuram, Chennai 603002 (herein after referred to as The Applicant’), are registered with GST and hold GSTIN 33AAACS4920J2ZI. The Applicant is engaged in the manufacture and supply of die-casting parts for use in automobiles.

Whether the hostel accommodation extended by the Applicant would be eligible for exemption

December 16, 2023 1161 Views 0 comment Print

The applicant, M/s. Arputha Womens Hostel, SS Complex, 7th Street Extension, Tatabad, Coimbatore — 641 012 (herein after referred to as ‘The Applicant’), is unregistered with GST. The Applicant is running a ladies residential hostel for college students and working people.

7 Important Factors to Consider Before Buying Customized Checks for Your Business

December 14, 2023 1479 Views 0 comment Print

Not to sound controversial but buying customized checks for your business can be a lot cheaper than getting it directly issued from the bank. No wonder most businesses prefer doing that. This has, in turn, led to the growth of the third-party check issuing and printing businesses.

PAN-Aadhaar Linking update: Stats, Consequences and Collection

December 13, 2023 2634 Views 0 comment Print

Introduction: The Government of India, through the Ministry of Finance’s Department of Revenue, has provided essential updates on PAN-Aadhaar linking. Addressing specific queries from Rajya Sabha member Smt. Phulo Devi Netam, the Minister of State in the Ministry of Finance, Shri Pankaj Chaudhary, has shed light on PAN-Aadhaar linkage statistics, inactivation details, consequences, and the […]

Ministry of Finance Crackdown: GST Evasion by Lottery Distributors Exposed

December 13, 2023 3075 Views 0 comment Print

Introduction: The Ministry of Finance has intensified its efforts to combat tax evasion, particularly by lottery distributors. In a recent revelation, 12 cases of GST evasion amounting to Rs. 344.57 crore have been detected, with a successful recovery of Rs. 621.56 crore between July 2017 and November 2023. The Union Minister of State for Finance, […]

Draft Robust Risk Management Framework for CRAs in NPS Architecture

December 13, 2023 645 Views 0 comment Print

Explore the proposed Risk Management Framework for Central Recordkeeping Agencies (CRAs) under NPS architecture. Provide feedback by 1st Jan 2024

Veterinary Health Certificate for Import of Milk and Milk Products into India

December 12, 2023 1698 Views 0 comment Print

Learn about the latest Customs Instruction No. 29/2023 mandating Veterinary Health Certificates for Milk Imports into India. Get insights on the changes, implementation challenges, and key modifications

Kutch Salt & Allied Industries Penalized for late-filing of annual return

December 11, 2023 411 Views 0 comment Print

Explore the penalty order against The Kutch Salt and Allied Industries for violating Section 92 of the Companies Act, 2013. Detailed analysis, findings, and consequences.

IFSCA Guidelines for Qualified Jewellers: Importing Gold & Silver via IIBX

December 11, 2023 3456 Views 0 comment Print

Discover the latest IFSCA circular on importing gold and silver through India International Bullion Exchange. Learn eligibility criteria, net worth requirements, and the process for Qualified Jewellers

Government’s Response to TDS Evasion

December 11, 2023 813 Views 0 comment Print

Introduction: The Government of India, under the Ministry of Finance, has recently responded to pertinent questions in the Lok Sabha regarding tax evasion, particularly focusing on the evasion of TDS. The queries address concerns related to the disbursement of lottery prizes, potential amendments to tax laws, and actions taken against lottery distributors involved in GST […]

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