The Gujarat High Court has held that refund of Integrated Goods and Service Tax (IGST)on export goods being zero rated supplies allowable as excess drawback was repaid and directed the respondent to sanction refund along

On 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir, the GST Council approved the GST rates for various services at Nil, 5%, 12%, 18% and 28%. However, the

In a recent ruling, the CESTAT, Ahmedabad bench held that interest cannot be demanded on the unutilized CENVAT credit availed under Rule 14 of the CENVAT Rules, 2004. The bench was hearing a bunch of

The division bench of the Bombay High Court has set aside National Anti-Profiteering Authority ruling against McDonald's franchisee Hardcastle Restaurants Pvt. Ltd. The Petitioner operated quickservice restaurants under the brand name McDonald's in Western and

The Central Board of Direct Taxes (CBDT) on Thursday issued the Guidelines for compulsory selection of returns for Complete scrutiny during the Financial Year 2021-22. In the case pertaining to Survey under Section 133A after

The Kerala Authority of Advance Ruling (AAR) ruled that 5% GST is payable on marine engines and its spare parts being part of fishing vessels. The applicant, M/s. South Indian Federation of Fishermen Societies (SIFFS)

The new indirect tax regime in the country is to come into effect from 01.07.2017, wherein fixation of GST rates on the supplies is joint responsibility of the Central and State governments after the approval

This yearly digest analyzes all the AAR and AAAR stories published in the year 2023 at taxscan.in Providing Catering Services to Educational Institutions from 1st standard to 2nd PU College exempted from GST:AAR In Re:

A GIST of GST Updates: This article summarizes all the GST developments which have been announced in the past couple of weeks for easy and quick reading of the taxpayers, tax consultants, in-house tax professionals,

The GST Council in its 28th meeting held here today under the Chairmanship of Shri Piyush Goyal , Union Minister for Railways , Coal , Finance & Corporate Affairs  took following decisions on GST Rate on

The Karnataka High Court issued a mandamus to the Institute of Chartered Accountants of India (ICAI) to consider addressing the grievance of the petitioner in accordance with law and enrolling her as a Member of

Tax refund, refers to the amount that receives from the government because the paid taxes exceed the computed tax liability. It is essentially a tax reimbursement. Tax refunds are usually applicable when the advance tax,

The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Twenty-Ninth Amendment) Rules, 2023, to amend Rules 10TA and 10TD, pertaining to Safe Harbour in Transfer Pricing Regulations. The notification stated as follows: –

This yearly digest analyzes all the Goods and Services Tax (GST) AAR and AAAR stories published in the year 2023 at taxscan.in Garbage tipper vehicle supply by TATA motor vehicle attracts 28% GST In Re:

In the realm of chartered accountancy and professional tax/finance practice, staying abreast of the latest technology is indispensable. The dynamic landscape of finance and accounting is continually shaped by technological advancements, ranging from sophisticated software