News Update Supreme Court Directs ICICI Bank to Comply with August 9 Order in NewsClick’s Case; Warns Against Ignoring Judicial Directives 18 Nov 2024 In a significant development on November 18, 2024, the Supreme Court addressed a miscellaneous application filed by NewsClick, seeking compliance with its earlier order dated August 9, 2024. The bench…
News Update GST Council Meeting was conducted on 17th September 18 Sep 2021 The 45th GST (Goods and Service Tax) Council meeting was held in Lucknow on 17th September. The meeting was chaired by Finance Minister Nirmala Sitharaman. This was the first in-person…
News Update Bombay High Court Division Bench gives split verdict 13 Jun 202113 Jun 2021 A Division Bench of Bombay High Court gave a split verdict in a challenge with respect to the Constitutionality of Section 13(8)(b) of the Integrated Goods and Services Tax (IGST)…
News Update Lawyers are exempted from paying GST/ service tax do not harass them by giving notices: Orissa High Court 10 Apr 2021 The High court of Orissa directed the GST commissioner to issue guidelines and instruct all the officers in the GST commission to not demand any kind of service tax /GST…
News Update Gujarat HC grants bail to accused who falsely availed of ITC benefit to commit tax evasion 17 Dec 2020 Counsel for the accused, Mr. A.A. Zabuawala, stated the applicant is the Managing Director of M/s. Mishkat Agro Industries Pvt. Ltd. and he used brand name of the company to…
News Update GST inflows top ₹1 lakh crore for second month in a row 2 Dec 20202 Dec 2020 Gross revenues from the goods and services tax(GST) crossed ₹1 lakh crore for the second month in a row, with ₹1,04,963 crore collected in November 2020. This was 1.4 %…
News Update Lok Sabha passes taxation bill extending time limit 20 Sep 2020 In the ongoing monsoon session, the lower house of the parliament has passed the Taxation reforms bill, 2020 that seeks to provide relaxations on certain provisions by extending the time…
News Update HAND SANITIZER IS COVERED UNDER HSN 3808 AND NOT HSN 30049087, NO EXEMPTION ON GST- SAYS AAR, GOA 15 Jul 2020 When the applicant approached the authority for an advance ruling regarding the GST of the hand sanitizers, Additional Commissioners of Central Tax, J.K.Meena and Sarita S.Gadgil, held that that, the…