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Over 6000 CA Students write letter to CJI | CA May/July 2021 Exam

June 21, 2021 10017 Views 3 comments Print

Source- Social Media and Unconfirmed Please find below copy of letter written by 6000 CA Students to Hon’ble Justice Nuthalapati Venkata Ramana Chief Justice Of India For taking suo-moto cognizance of their application along with the PIL having diary No. 13269 of 2021 for CA students issue and for urgent listing of PIL. Date: 21st […]

CBIC clarifies on Applicability of Dynamic QR Code on B2C invoices

June 21, 2021 17535 Views 0 comment Print

CBIC clarifies on applicability of Dynamic Quick Response (QR) Code on B2C (Registered person to Customer) invoices and compliance of notification 14/2020-Central Tax, dated 21st March, 2020 as amended vide Circular no. 156/12/2021-GST Dated 21st June, 2021. Circular no. 156/12/2021-GST CBEC-20/16/38/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes […]

Consider inclusion of Petrol, Diesel under GST: HC to GST Council

June 21, 2021 2538 Views 0 comment Print

Petitioner made representation to Chief Secretary, Government of Kerala, to request GST Council to include the petrol and diesel in the GST regime and till a decision is taken by the GST Council, Government of Kerala may refrain from levying the state tax on petrol and diesel.

No excise under ‘deemed’ manufacture on ‘baby diapers’ or ‘sanitary napkins’

June 18, 2021 549 Views 0 comment Print

Explore the Y & Associates vs. Commissioner of Central Excise case with CESTAT Mumbai. Delve into the intricacies of ‘deemed’ manufacture, excisability, and the legislative intent.

Actuaries (Procedure for Inquiry of Professional and Other Misconduct) Amendment Rules, 2021

June 18, 2021 447 Views 0 comment Print

Government notified Actuaries (Procedure for Inquiry of Professional and Other Misconduct) Amendment Rules, 2021 vide Notification no. G.S.R. 417(E) dated 18th June, 2021 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 18th June, 2021 G.S.R. 417(E).—In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 55 […]

Companies (Indian Accounting Standards) Amendment Rules, 2021

June 18, 2021 19371 Views 0 comment Print

(1) These rules may be called the Companies (Indian Accounting Standards) Amendment Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

HC Ask Hospital to approach Govt for retrospective exemption under TNVAT on diagnostic services for impatient treatments

June 18, 2021 336 Views 0 comment Print

Sree Balaji Medical College & Hospital Vs State of Tamil Nadu (Madras High Court) W.P.No.22677 of 2012 is filed for Declaration to declare that the professional services rendered by the Doctors of petitioner’s Medical College Hospital under the nature of diagnostic services on X-Ray Films, CT Scan Films, MRI Films and supply of medical gases […]

NITT, Tiruchirappalli is a Government Entity under GST Law

June 18, 2021 1185 Views 0 comment Print

In re National Institute of Technology (GST AAR Tamilnadu) 1. The National Institute of Technology, Tiruchirappalli (NITT) is a Government Entity under GST Law. 2.1 The applicant is liable to deduct tax at source (TDS) under Section 51 of the CGST Act, 2017 read with Notification No. 50/2018-C.T dt. 13.09.2018. 2.2. The applicant is required […]

ITC eligible on input services used in installation of Solar Power Panel

June 18, 2021 9465 Views 0 comment Print

In re KLF Nirmal Industries Private Limited (GST AAR Tamilnadu) 1. Whether the company is eligible to take input tax credit as inputs/capital goods or input services of the items used in Design, Engineering, Supply, Execution (EPC) of 265KW Roof top Grid Solar PV Power Plant as per MNRE & IEC Standards? it is seen […]

Helpline & Reporting Platform for preventing financial loss due to cyber fraud

June 18, 2021 645 Views 0 comment Print

Ministry of Home Affairs Reinforcing the commitment of the Modi Government to provide safe and secure digital payments eco-system, Union Home Ministry under leadership of Home Minister Shri Amit Shah has operationalised the national Helpline 155260 and Reporting Platform for preventing financial loss due to cyber fraud. The National Helpline and Reporting Platform provides a […]

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