![No ITC can be claimed on 5% GST paid on License Fee to Indian Railway or IRCTC: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITC-AAAR-License-Fee-GST-Indian-Railway-IRCTC-Taxscan.jpg "No ITC can be claimed on 5% GST paid on License Fee to Indian Railway or IRCTC: AAAR [Read Order]")
No ITC can be claimed on 5% GST paid on License Fee to Indian Railway or IRCTC: AAAR [Read Order]
The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) while upholding the AAR’s ruling held that no Input Tax Credit (ITC) can be claimed on...
![Non Submission of Records: Maharashtra AAR refuses to determine (HSN) Tyre Pyrolysis Oil under CGST [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Non-Submission-of-Records-Maharashtra-AAR-HSN-Tyre-Pyrolysis-Oil-CGST-Taxscan.jpg "Non Submission of Records: Maharashtra AAR refuses to determine (HSN) Tyre Pyrolysis Oil under CGST [Read Order]")
![SEBI proposes to Streamline process of IPOs with UPI in ASBA and Redressal of Investor grievances [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/03/SEBI-IPO-UPI-ASBA-investor-grievances-Taxscan.jpeg "SEBI proposes to Streamline process of IPOs with UPI in ASBA and Redressal of Investor grievances [Read Circular]")
5% GST on Composite Supply of Works Contract to Wular Conservation & Management Authority: AAR [Read Order]
The West Bengal Authority of Advance Ruling (AAR) ruled that 5% GST is applicable on composite supply of works contract to the Wular Conservation and Management Authority as it is a Governmental...
![5% GST on Composite Supply of Works Contract to Wular Conservation & Management Authority: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/GST-supply-of-works-contract-Wular-Conservation-Management-Authority-AAR-Taxscan.jpeg "5% GST on Composite Supply of Works Contract to Wular Conservation & Management Authority: AAR [Read Order]")
Creditor to update its claim as and when the claim is satisfied after Insolvency commencement date: IBBI [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has notified Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2021 which...
![Creditor to update its claim as and when the claim is satisfied after Insolvency commencement date: IBBI [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/Creditor-insolvency-commencement-date-IBBI-Taxscan.jpeg "Creditor to update its claim as and when the claim is satisfied after Insolvency commencement date: IBBI [Read Notification]")
ICAI invites Chartered Accountants to Empanel as Resource Persons for Conducting Investor Awareness Programmes
The Institute of Chartered Accountants of India ( ICAI ) has invited the Chartered Accountants to Empanel as Resource Persons for Conducting Investor Awareness Programmes. The Institute of...
ITAT allows Exemption u/s 11(1)(a) as activities undertaken by Builders Association isn’t Trade, Commerce, or Business [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench allowed the exemption under section 11(1)(a) as activities are undertaken by Builders Association are not trade, commerce, or business. The...
![ITAT allows Exemption u/s 11(1)(a) as activities undertaken by Builders Association isn’t Trade, Commerce, or Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-exemption-Builders-Association-commerce-business-Taxscan.jpg "ITAT allows Exemption u/s 11(1)(a) as activities undertaken by Builders Association isn’t Trade, Commerce, or Business [Read Order]")
![Relief to LD India: ITAT deletes Addition since ALP Determination was barred by Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Relief-LD-India-ITAT-Addition-ALP-Determination-Limitation-taxscan.jpg "Relief to LD India: ITAT deletes Addition since ALP Determination was barred by Limitation [Read Order]")
GST Evasion: CGST Ghaziabad arrests Two Persons on Issuance of Fake Invoices of Rs. 93 Crores by Creating 25 Fake Firms and Passing of Inadmissible Input Tax Credit Of Rs. 16 Cr.
On the basis of information shared by the Chief Commissioner's Office, CGST & Customs, Meerut Zone, Meerut, officers of CGST Commissionerate Ghaziabad, conducted a series of searches on...
