Article discusses GST applicability on affiliation fees collected by universities from affiliated colleges—a concern now putting academic institutions under lens of taxation authorities.
Kerala High Court declares Section 7(1)(aa) of CGST Act unconstitutional for member-club transactions, upholding the doctrine of mutuality.
In this article we will analyse the ambit of GST exemption in relation to accommodation services provided in religious places.
In this article we will analyse Input tax credit on motor vehicles post 01-02-2019 GST amendment. Motor Vehicles are used for transportation of goods or passengers/ employees in the business. Under GST, Input tax credit is not restricted for motor vehicles made and used for transportation of goods. However, input tax credit was restricted on […]
Explore the relevance of one-to-one correlation for utilizing Input Tax Credit (ITC) towards specific outward taxable supplies under the Goods and Services Tax (GST) system. Learn how the seamless flow of ITC allows flexibility in utilization, avoiding complexities and ensuring smooth compliance. Gain insights from legal cases supporting this approach and understand the fundamental aspects of ITC in GST.
Discover the challenges faced by early birds in complying with the 80G registration procedures under the new scheme of exemption for charitable institutions. Get insights into the transition from provisional to regular registration, timelines for Form 10A and Form 10AB, and the doctrine of impossibility.
Get insights into the recent Supreme Court verdict on educational institutions availing income tax exemptions under section 10(23C).
The Government plans to table the Development of Enterprise and Services Hubs (DESH) Bill during the ongoing monsoon session of Parliament to overhaul the SEZ Act of 2005 with an aim to make governing provisions of Special Economic Zones (SEZ) more WTO Compliant.
GST Liability on pre-package and labelled commodity has been matter of serious debate among trade and professional circles in last few weeks. In this article I share some of my thoughts on pros and cons on this new imposition of tax.
CBIC puts brakes on arbitrary tax collections through coercive measures in GST enforcement. Recent instructions curb undue force, ensuring fair procedures. Learn about the impact on taxpayers and disciplinary actions.
