GST Council May Remove Tax on Life and Health Insurance Premiums: Here's How It Could Impact You
The Group of Ministers ( GoM ) under the Goods and Services Tax ( GST ) Council is currently considering removing GST on premiums paid for life and...
![“Fair Tax Regime where No Assessee is Harassed is Equally Crucial”: Bombay HC imposes ₹ 20k Cost on Maharashtra VAT Dept for Natural Justice Violations [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/VAT-VAT-Department-Bombay-High-Court-Maharashtra-VAT-Act-TAXSCAN.jpg "“Fair Tax Regime where No Assessee is Harassed is Equally Crucial”: Bombay HC imposes ₹ 20k Cost on Maharashtra VAT Dept for Natural Justice Violations [Read Order]")
![Softy Ice Cream Mix not Dairy Product, GST leviable at 18% Rate: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/AAR-Rajasthan-AAR-Softy-Ice-Cream-Mix-Taxscan.jpg "Softy Ice Cream Mix not Dairy Product, GST leviable at 18% Rate: AAR [Read Order]")
Consider Waiving Customs Duties and GST for Drugs: Delhi HC to Centre in Plea of Young Victims of Rare Diseases [Read Order]
The Delhi High Court has directed the Centre to consider waiving customs duties and GST on the import of medicines for rare diseases, specifically in a plea concerning young victims. The case is an...
![Consider Waiving Customs Duties and GST for Drugs: Delhi HC to Centre in Plea of Young Victims of Rare Diseases [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Delhi-High-Court-GST-for-Drugs-Customs-Duties-and-GST-for-Drugs-Taxscan.jpg "Consider Waiving Customs Duties and GST for Drugs: Delhi HC to Centre in Plea of Young Victims of Rare Diseases [Read Order]")
Mere Mentioning of Wrong VAT Provision does not invalidate Order if Authority has Proper Jurisdiction: Madras HC [Read Order]
In a recent ruling, the Madras High Court ruled that mere mentioning of a wrong value-added tax ( VAT ) Provision or non-mentioning of a provision does not invalidate an order if the court or...
![Mere Mentioning of Wrong VAT Provision does not invalidate Order if Authority has Proper Jurisdiction: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/VAT-Madras-High-Court-Madras-HC-value-added-tax-VAT-order-TAXSCAN.jpg "Mere Mentioning of Wrong VAT Provision does not invalidate Order if Authority has Proper Jurisdiction: Madras HC [Read Order]")
KSEB Bills to get a little Cheaper following GST Exemption for Incidental/Ancillary Services from GST Council
The Kerala State Electricity Board ( KSEB ) is set to reduce electricity bills following a Goods and Services Tax ( GST ) exemption on services related to electricity distribution and transmission....
No GST proceedings u/s 130 shall be initiated for Excess Stock Detected during GST Inspection, Rules Allahabad HC [Read Order]
Recently, the Allahabad High Court ruled that the proceedings under Section 130 of the Goods and Services Tax ( GST ) Act cannot be initiated for the excess stock detected during the inspection under...
![No GST proceedings u/s 130 shall be initiated for Excess Stock Detected during GST Inspection, Rules Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-Allahabad-High-Court-Excess-Stock-GST-Inspection-Goods-and-Services-Tax-Section-130-of-GST-Act-Taxscan.jpg "No GST proceedings u/s 130 shall be initiated for Excess Stock Detected during GST Inspection, Rules Allahabad HC [Read Order]")
GST Rule 86B Explained: Utilise 99% ITC for Output Tax Liability Discharge, at least 1% Must Be Paid in Cash
The Goods and Services Tax ( GST ) Rule 86B, introduced by the Central Board of Indirect Taxes and Customs ( CBIC ) through notification number 94/2020 on December 22, 2020, became effective from...
GST ITC on Leasing Building for Schools: Madhya Pradesh HC Directs to file Appeal relying Safari Retreats Case [Read Order]
With regards to an issue of availing Input Tax Credit ( ITC ) under Goods and Services Tax ( GST ) on leasing the building for the schools, the Madhya Pradesh High Court directed file appeal before...
![GST ITC on Leasing Building for Schools: Madhya Pradesh HC Directs to file Appeal relying Safari Retreats Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/GST-Goods-and-Services-Tax-ITC-Input-Tax-Credit-GST-and-ITC-TAXSCAN.jpg "GST ITC on Leasing Building for Schools: Madhya Pradesh HC Directs to file Appeal relying Safari Retreats Case [Read Order]")