As two countries within the GCC - the UAE and Saudi Arabia - are ready to embrace a new tax regime in the form of Value Added Tax (VAT) on January 1, 2018, It is

International brands will be required to pay a tax demand of Rs. 3,000 crores for the period spanning from 2011 to 2015, under the tax system that was in place before the implementation of the

This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from December 27, 2021 to January 1, 2022. PCI Vs. ACIT The

In a significant case, the Chandigarh bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that demand for an extended period is not sustainable when the entire service tax on outdoor

With the Finance Bill, 2020, the Government of the UK has decided to launch Digital Service Tax (DST) with effect from 1 April 2020. 2% Value-Added Tax (VAT) will be levied on the service providers.

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) recently ruled that no penalty where addition is made on an estimated basis. M/s. V. K. Ispat & Alloys, the assessee firm is a reseller engaged

The Gujarat High Court has recently allowed a retired Sales Tax Officer allegedly involved in fraudulent postings and VAT assessments using the VATis system. Allegedly, the applicant, a Sales Tax Officer, who retired as Tax

The Ukraine Tax Authorities brought in the proposal of 20% Value-Added Tax (VAT) to be levied on digital services provided by foreign companies to Ukrainian customers. The procedures for non-resident suppliers of electronic services to

While upholding the order of the VAT Tribunal, the Kerala High Court has held that the dealer is eligible for the input tax credit during the transition period since the cancellation of registration has not

In a recent ruling, the division bench of the Patna High Court confirmed the validity of the appointment of a retired official of Commercial Taxes Department as Member (Accounts) of Commercial Taxes Tribunal under Section

The Chennai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that no Service Tax is leviable on goods component of composite works contract as VAT has been paid. The appellant, M/s Touchstone

The Allahabad High Court has held that the product, insulated glass is classifiable as “Plain Glass-Panes”, attracting 10% of tax under the Uttar Pradesh VAT Act. The department approached the High Court against the Tribunal

The Rajasthan State Government has introduced a Family Assistant Scheme for dealers/ traders who are bonafide residents of Rajasthan, registered-in VAT / GST in Rajasthan and have been carrying on business for at least one

The Larson & Toubro Ltd is hiring CA/CMA qualified candidates for the post of Manager/Assistant general manager- Corporate Indirect Taxation. Larson & Toubro Ltd is a major technology, engineering, construction, manufacturing, and financial services conglomerate,

The Maharashtra cabinet has last day approved an amnesty scheme to enable the taxpayers to settle the tax disputes before the Goods and Services Tax (GST) came into effect. This is aimed at recovering the