On the date on which the Resolution Plan was approved by the NCLT, all claims stood frozen, and no claim, which is not a part of the Resolution Plan, would survive.
Stay updated on the recent developments in the Indian economy and GST till 02.11.2022. Explore the impact of global situations and key forecasts.
Understanding the implications of CBIC circular on various types of declared services under GST. Get insights into liquidated damages, compensation, cancellations, and more.
Understand the levy of GST on non-alcoholic beverages in India. Recent AAR ruling on non-alcoholic malt drinks attracting 28% GST and 12% Cess.
Stay updated on recent GST changes till October 5, 2022. Explore amendments in CGST Rules, notifications, and major shifts in GST law affecting businesses and compliance.
Get the latest updates on GST till 29th September 2022. Explore the recent economic data, growth rates, and key sectors contributing to India’s economy.
Recent Service Tax Tribunal ruling exempts blending, bottling, labeling, and packaging of Indian Made Foreign Liquor (IMFL) from taxable services, rejecting a demand of around one crore. The decision clarifies that job work services for IMFL are not considered business auxiliary services and are not subject to service tax, extending this exemption to the GST regime as well.
Stay updated on the latest CBIC guidelines for summons, arrest, and bail under the GST law. Learn how tax collectors are cracking down on tax evasion.
Stay updated on the latest developments in GST till 23rd August 2022. Explore recent Supreme Court judgments, circulars, and more.
Stay updated with the recent changes in GST till 16th August, 2022. Understand the impact of these updates on India’s growing economy.
