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GST Officials can keep accused in Custody to prevent Tampering of Evidence: Bombay HC refuses Anticipatory Bail [Read Order]

The Bombay High Court has observed that, GST Officials can keep accused in Custody to prevent Tampering of Evidence. While rejecting the...

GST: Services for facilitating Supply of Products without Supply on own account is Intermediary...

Levy of Late Fee u/s 234E is mandatory and can’t be deleted on ground of ‘Reasonable Cause’: ITAT

GST: NAA directs investigation against all the Subway outlets as Profiteering is already established...

Changes in Customs Rules from 1st September 2020: All you Need to Know [Read Notification]

Local Cable Operators files petition in Kerala HC against Press release asking all cable TV subscribers to insist for GST Invoice from Cable TV Operators [Read Petition]

A writ petition has been filed before Kerala High Court by Local Cable Operators against the Press release issued by the Director-General of Goods and Service Tax Intelligence (DGGI) asking all cable...

Provisions of Income Tax Act shall prevail over Accounting Standards: ITAT [Read Order]

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the provisions of the Income Tax Act, 1961 shall prevail when there is a dispute between the provisions of the Accounting...

Non-Issuance of Notice to Amalgamated Company will render the Assessment Invalid: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that non-issuance of a notice to the amalgamated company will render the assessment invalid. The assessee, M/s Siemens Power Engineering...

12% GST on Construction Services of low-cost Housing Units for flood-affected individuals in Kerala: AAR

The Kerala Authority of Advance Ruling (AAR) ruled that 12% of GST is applicable to construction services of lowcost housing units for flood-affected individuals in Kerala. The Applicant, Habitat...

Cast Protectors can’t be considered as a Pharmaceutical Product: AAR

The Kerala Authority of Advance Ruling (AAR) ruled that cast protectors cannot be considered as a pharmaceutical product. The applicant, M/s. Dynamic Techno Medicals Pvt. Ltd. is a manufacturer...

Knanaya Multi-Purpose Co-operative Credit is Financial Institution, eligible for 50% of ITC: AAR

The Kerala Authority of Advance Ruling (AAR) ruled that the applicant Knanaya Multi-Purpose Co-operative Credit is a financial institution, eligible for 50% of Input Tax Credit (ITC). The...

India Ready for Litigation Funding- Is it a Valid Debate?

Recently, the Indian Prime Minister on the global summit gave a very welcoming speech for foreign investments in India. Foreign investors and foreign companies are invited with open arms in India....

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