CBIC has issued clarification through press release dated 23.04.2018 for requirement of e-way Bill for Bill To Ship To model for supplies of goods. Prior to this clarification trade & industry was facing a lot of practical challenges and implementation issues which requires a lot of real-time coordination was sought prior to the movement of goods.
High Court concluded that no tax is leviable under the Integrated Goods and Services Tax Act, 2007, on the ocean freight for the services provided by a person located in a non-taxable territory by way of transportation of goods by a vessel from a place outside India upto the customs station of clearance in India and the levy and collection of tax of such ocean freight under the impugned Notifications is not permissible in
National Anti-Profiteering Authority in their recent judgement in case No.6/2018 dated 07/09/2018 in case of Shri Pawan Sharma Vs. M/s Sharma Trading Company, found that an assessee had involved in profiteering in contravention of the provisions of Section 171 of the CGST Act, 2017.
As per Article 279A (4), GST Council will make recommendations to the Union and the States on important issues related to GST, like a) The goods and services that may be subjected or exempted from GST.
In GST we are going towards old regime of excise/Vat registration in which physical verification of business premises is required. Under current Service Tax Registration process, requirement of physical verification of business premises is not required.
Central Excise Appeal No.15/2012 in case of COMMISSIONER OF CENTRAL EXCISE AND CUSTOMS, AURANGABAD Vs. ENDURANCE TECHNOLOGY PVT LTD the matter came before Mumbai high court by an appeal filed by Revenue. High court framed the following question of Law.
Audit by officers of Central Excise have adequate statutory backing (CBEC Circular NO.986/10/2014-CX., Dated: October 9, 2014) – An Analysis INTRODUCTION: Recently, the CBEC has come out with a circular bearing No.986/10/2014-CX, Dated October 9, 2014 to clarifying on powers of Central Excise Officers to conduct audit. CBEC Clarifies that the Travelite (India) case [TS-310-HC-2014(DEL)-ST], […]
VAT not leviable on portion which attracts service tax; NO VAT on ST portion of Restaurant bill When Service tax leviable on 40% of the Restaurant bill , VAT not leviable on the portion which attracts service tax: An Analysis of Land mark Judgment of Uttarakhand High Court which addressed crucial issue of double taxation […]
Due date extended for for filing TDS returns for Government Deductor: Double standard of CBDT”Relief should also extends to other assessee” Introduction: Recently on 4th March CBDT Issue a CBDT circular No. 07/2014 F. No. 275/27/2013-IT(B) in which CBDT extends the due date for filing return for F.Y.2012-13 ( for 2nd to 4th quarter) and […]
Notification No.14/2013 Dated 22/10/2013: Service tax exemption for factory canteen Needs Immediate further clarification: INTRODUCTION: CBEC issued a notification No.14/2013 dated 22 October 2013 in which exemption given from service tax for Services provided in relation to serving of food or beverages by a canteen maintained in a factory covered under the Factories Act, 1948 […]
