Goods and Services Tax : Exporters face IGST refund restrictions due to FOB vs CIF valuation differences. Learn how GST law affects tax refunds on export t...
CA, CS, CMA : Comprehensive summary of income tax, GST, customs, SEBI, DGFT, EPF, and SC rulings from notifications and circulars issued between...
Goods and Services Tax : Explore tax implications of intermediary services under IGST Act, including place of supply, inter-state supply, and export of ser...
Goods and Services Tax : Omission of Rule 96(10) under Notification 20/2024-Central Tax offers relief to exporters claiming IGST refunds, easing refund pro...
Goods and Services Tax : Learn about the TDS provisions under GST for metal scrap, applicable from October 2024, covering thresholds, rates, and filing req...
Custom Duty : The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility...
Goods and Services Tax : Details on GST/IGST collection over five years and state-wise compensation released. Discussion on GST on health insurance also in...
Goods and Services Tax : Overview of GST collections and compensation to states in 2024, including deliberations on GST rates for health insurance....
Goods and Services Tax : Explore the details of CGST, SGST, and IGST collected, IGST settlement to states, and an in-depth study on GST revenue growth. Ins...
Goods and Services Tax : Standard Operating Procedures for Monitoring Ineligible IGST Input Tax Credit Reversal by Taxpayers in Return Form GSTR 3B (SOP-1/...
Service Tax : CIT (Appeals) held that assessee qualified as an ‘intermediary,’ making the services rendered ineligible for classification as...
Goods and Services Tax : Bombay High Court held that when the petitioner satisfied the requirements of Section 31(3)(d) of the CGST Act denial of input tax...
Goods and Services Tax : Gujarat High Court allows GST refund on ocean freight paid under RCM after the relevant notification was struck down, rejecting ti...
Goods and Services Tax : Integrated Goods and Services Tax ( IGST ) on ocean freight could not be levied on Free on Board ( FOB ) transactions also as on...
Goods and Services Tax : Supreme Court admits SLP challenging Delhi High Court's ruling on adjustment of interest against IGST refund claim under Section 7...
Goods and Services Tax : Corrigendum issued for Notification 05/2025 - Integrated Tax (Rate), correcting references in the Gazette of India dated 16th Janu...
Goods and Services Tax : Notification 08/2025 amends the IGST Act to redefine "specified premises," aligning with earlier provisions, effective from April ...
Goods and Services Tax : Notification 07/2025 revises Integrated Tax rates by excluding body corporates from certain provisions under the GST framework, ef...
Goods and Services Tax : Notification 06/2025 updates integrated GST with exemptions for motor accident insurance and NSDC-approved training partners, effe...
Goods and Services Tax : Notification 05/2025 revises GST rules for hotel premises. Includes updated "specified premises" definitions, declaration processe...
Exporters face IGST refund restrictions due to FOB vs CIF valuation differences. Learn how GST law affects tax refunds on export transactions.
The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility and exemption procedures.
Corrigendum issued for Notification 05/2025 – Integrated Tax (Rate), correcting references in the Gazette of India dated 16th January 2025. Details updated for accuracy.
Comprehensive summary of income tax, GST, customs, SEBI, DGFT, EPF, and SC rulings from notifications and circulars issued between 13-19 January 2025.
Notification 08/2025 amends the IGST Act to redefine “specified premises,” aligning with earlier provisions, effective from April 2025.
Notification 07/2025 revises Integrated Tax rates by excluding body corporates from certain provisions under the GST framework, effective January 2025.
Notification 06/2025 updates integrated GST with exemptions for motor accident insurance and NSDC-approved training partners, effective April 1, 2025.
Notification 05/2025 revises GST rules for hotel premises. Includes updated “specified premises” definitions, declaration processes, and compliance requirements.
Notification No. 04/2025 increases IGST rate from 12% to 18% on sales of old and used vehicles, including EVs, effective immediately.
Food inputs used in ICDS schemes are exempt from Integrated GST under Notification No. 03/2025. Effective from 16th January 2025.
