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MCA imposes Penalty on Pacelife Marketing for failing to file annual returns 

February 28, 2024 489 Views 0 comment Print

The Ministry of Corporate Affairs has imposed a penalty on Pacelife Marketing Private Limited for failing to file annual returns for three financial years. This order serves as a reminder to companies of their obligation to file annual returns and the consequences of non-compliance.

Applicant cannot seek an advance ruling on a completed transaction

February 27, 2024 2097 Views 0 comment Print

Read about the AAR Tamilnadu’s decision denying Ionbond Coating’s advance ruling request on GST implications for a completed leasehold rights transfer.

Carbon Friction Strips Bonding to Metal is Job Work Services under SAC 9988

February 27, 2024 1020 Views 0 comment Print

Explore the GST AAR ruling on whether Oerlikon Friction Systems (India) Pvt. Ltd.’s bonding service qualifies as job work under SAC 9988. Full insights inside.

GST Classification and Taxation of Fuel Injection Pump Parts: AAR Tamilnadu Ruling

February 27, 2024 2439 Views 0 comment Print

Explore the detailed analysis of the GST AAR Tamilnadu ruling on the classification and taxation of fuel injection pump parts under HSN codes, providing clarity for businesses.

No ITC for tax paid due to fraud, willful misstatement, or suppression of facts

February 27, 2024 2442 Views 0 comment Print

Confused about claiming Input Tax Credit (ITC) on differential IGST after a customs audit? This AAR ruling clarifies the restrictions under GST law in India for availing ITC when tax is determined due to misclassification or suppression of facts.

Classification of Clear Float Glass: GST AAR Tamil Nadu Ruling

February 27, 2024 1062 Views 0 comment Print

Read the detailed analysis of the GST AAR Tamil Nadu ruling on the correct classification of Clear Float Glass under CTH 7005 29, its manufacturing process, and implications for importers.

GST Classification & Exemption for Municipal Solid Waste Management Services

February 27, 2024 16530 Views 2 comments Print

Explore the implications of GST rulings on waste management services provided by Gorantla Geosynthetics Pvt. Ltd. in Tamil Nadu. Learn about exemptions and classifications.

GST Rates for Outdoor Catering Services with Input Tax Credit

February 27, 2024 48000 Views 0 comment Print

Unravel the GST implications for outdoor catering services with ITC in Tamil Nadu. Discover the latest rulings and tax rates affecting your catering business now.

Sending Goods for Combi-Packing – Job Work or Supply?

February 27, 2024 1440 Views 0 comment Print

Understand the GST implications of sending finished goods for packing in combi-packs by another vendor. Detailed analysis on whether it’s a taxable supply.

AAR Accepts Withdrawal of Advance Ruling Application Following Applicant’s Reversal of ITC

February 27, 2024 732 Views 0 comment Print

Read about the withdrawal of Subam Papers Private Limited’s GST AAR application after reversing ITC, avoiding a ruling on ITC eligibility on civil structures.

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