The Union Finance Minister Nirmala Sitharaman stated in reply to a question raised in the Lok Sabha asking whether the Government is facing any problem regarding sharing of revenue among Centre and States in the

The High Court of Kerala has disposed of a writ petition emphasising the availability of an alternate remedy and the extended period for filing GST (Goods and Services Tax) appeals as per Notification No. 53/2023

The union government on Monday informed the Rajya Sabha that it has no plan to provide special assistance to states like Kerala, which suffer from the decline in share of taxes due to reduced population

The response sheds light on the Goods and Services Tax (GST) collection for the financial year 2022-23 and the distribution of shares to key states, including Bihar, Maharashtra, Jharkhand, West Bengal, and Jammu and Kashmir.

The e-invoice system for the Goods and Services Tax (GST) has been revised to make it obligatory for taxpayers with an Annual Aggregate Turnover (AATO) of Rs. 5 crores and above to include a minimum

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the denial of CENVAT credit of excise duty on the manufacture of High Carbon Ferro Chrome (HCFC) on the ground of

CENVAT credit is allowable on capital goods for the manufacture of high-carbon ferrochrome (HCFC).  The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the CENVAT credit of excise duty

The Bombay High Court, has invalidated income tax assessments and subsequent proceedings for the assessment year 2016-2017 against agriculturists and rickshaw drivers due to improper sanction. The court, comprising Justice K.R. Shriram and Justice Neela

A Division Bench of the Allahabad High Court held that Goods and Services Tax (GST) Input Tax Credit (ITC) should not be disallowed solely based on wrong mention of the GST Number of the recipient

The Bombay High Court directed the GST Department to refund tax deposited by HSBC Bank under protest. The challenge as raised in this petition is in regard to an amount of Rs.56,19,84,075/- being retained by

INTRODUCTION TDS stands for Tax Deducted at Source. It is the tax amount that the government collects directly from the recipient’s income immediately when it is earned. The TDS is deducted at a certain percentage.

In India, there has been a growing burden of overweight and obesity over the past three decades. National Nutritional Monitoring Bureau survey 2017 on diet and nutritional status of urban population in India found that

The Winter Sessions of Lok Sabha and Rajya Sabha is set to consider the Central Goods and Services Tax (CGST) amendments along with 18 other bills, including The Advocates (Amendment) Bill, 2023 and The Provisional

GST and Input Tax Credit - Minimising the Cascading Effect The implementation of the Goods and Services Tax (GST) in 2017 marked a significant stride towards achieving the objective of a streamlined and straightforward taxation

This weekly summary roundup covers stories related to the Goods and Services Tax, Authority for Advance Ruling (AAR), and Appellate Authority for Advance Ruling (AAAR) that have been published at Taxscan.in. during the period from