The following question arose for consideration before Ahemdabad Bench of National Company Law Tribunal (NCLT), in a recent case Kediya Ceramics [IA No. 254/NCLT/AHM/2017 in CA(CAA) No. 95/NCLT/AHM/2017] Whether a registered partnership firm, being a body corporate, can be treated as a company for the purpose of section 230-232 of the Companies Act, 2013? Hon’ble […]
The following is the Article on taxability of Movable and Immovable property in pre GST Regime & Post GST Regime. In this article Hon’ble High Court categorly explain the meaning of movable and immovable property, also explain by the Hon’ble respective High Courts on this issue taxability of movable and immovable property remains burning issue in pre GST regime and post GST regime.
Demand and recovery can be initiated for short-levy, non-levy, short paid, non-paid, erroneous refund, wrong availment and incorrect utilisation of input tax credit. All demand and recovery proceedings under GST start with the issuance of a show cause notice. But what is a Show cause notice (SCN)?
Taxation is the one of the most source of revenue to the government. Our government has performed various methods to stop tax evasion but tax evasion is the major problem in India. The authority to levy tax is derived under Article 265 of the Constitution of India which states that ‘No tax shall be levied or collected except by the authority of law’.
‘Service’ means giving legally required notice to other parties that you have filed papers asking for a court order that may affect them. The court papers can only be delivered in a manner permitted by law, and proof of proper delivery must be filed with the court. But why it is necessary to serve a notice to other parties.
Practical applicability of Notification 57/2020, Dated 30th June 2020, regarding refund of late fees waived under GST Once again lock down is declared in the various regions of the state. Maharashtra is perhaps the most affected state amid this COVID-19 pandemic. Slowly streamlining businesses are now closed again & their operations are stopped due to […]
No GST to be levied on payment of the Membership/Admission Fee for entry in the Club The recent ruling in the Maharashtra AAAR has successfully set aside the earlier provisions of the state AAR ruling that had termed membership fee as a supply of service liable to GST. The state appellate body had issued a similar order in […]
Nowadays, there has been a lot of chaos regarding the Goods and Service Tax (GST) rate on Hand Sanitizers. Different taxpayers are taking different positions. The dispute is between the three Tariff Headings (TH) 3401, 3808, 3004. Export data shows that exporters have classified either under TH 3808 or TH 3004. However, the Director General […]
GST on Healthcare Services: An Overview In the 25th council meeting dated 18.01.2018, following clarifications relating to healthcare services were given: 1) Services provided by senior doctors/consultants/technicians hired by the hospitals, whether employees or not, are healthcare services which is exempt. 2) Hospitals also provide healthcare services. The entire amount charged by them from the […]
Decoding of Notification For Extention In Due Dates of GSTR-3B From February, 2020 To July, 2020 In the times of COVID-19 Pandemic, government has brought numerous notifications to provide relief to taxpayers. One of the most discussed and confusing notification is Notification 51/2020 dated 24 Jun 2020. The said notification deals with EXTENDED DATE OF […]
