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![Interest would be on net cash tax liability prior to amendment in Section 50 of CGST Act, 2017: Bombay High Court quashes recovery notices [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/10/net-cash-tax-liability-amendment-Section-50-of-CGST-Act-2017-Bombay-High-Court-recovery-notices-Taxscan.jpg "Interest would be on net cash tax liability prior to amendment in Section 50 of CGST Act, 2017: Bombay High Court quashes recovery notices [Read Judgment]")
Interest would be on net cash tax liability prior to amendment in Section 50 of CGST Act, 2017: Bombay High Court quashes recovery notices [Read Judgment]
The Bombay High Court while quashing the recovery notices issued by the respondent authority held that interest would be on net cash tax liability...
![DGFT issues trade notice for Linking/Registration of IECs in the new revamped DGFT Online environment [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/10/DGFT-DGFT-Online-Environment-IECs-Registration-for-IECs-Taxscan.jpg "DGFT issues trade notice for Linking/Registration of IECs in the new revamped DGFT Online environment [Read Circular]")
![Intermediary services provided to Bombardier Transportation India doesn’t amount to FTS, not taxable under India-Sweden DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Intermediary-services-Bombardier-Transportation-India-FTS-India-Sweden-DTAA-ITAT-Taxscan.jpg "Intermediary services provided to Bombardier Transportation India doesn’t amount to FTS, not taxable under India-Sweden DTAA: ITAT [Read Order]")
GST Evasion: CGST officials busts racket for generating fraudulent Input tax Credit through fake billing of around Rs 1,278 crore
Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST), Commissionerate, Delhi (East) have busted a major racket for the generation of huge...
