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Finance Act

Next Wave of GST Notices Likely: Section 74A vs S. 73 &S. 74 Set to Trigger Fresh Litigation Battles

The GST ( Goods and Services Tax ) payers will witness the next set of notices under Section 74A. However, on the litigation aspect, the upcoming ...

Centre removes GST export refund threshold under Section 54(14); awaits Gazette notification

Ruling in Ashish Agarwal Case applies Only to Defective Income Tax Notices, Not to Reopening Closed...

Cargo Forwarder’s Pre-2012 Services Classifiable as ‘Transportation of Goods by Air’, Not BAS:...

KSCAA raises Issues in S.12AB & 80G Registrations, Seeks urgent CBDT Intervention [Read...

Madras HC Quashes Service Tax Demand on Chennai Police for Bundobast Services, Holds Sovereign Functions Not Taxable before 1 June 2012 [Read Order]

In a recent ruling, the Madras High Court quashed the service tax demand raised on the Greater Chennai Police Commissionerate for providing Bundobast and security services, holding that such...

Section 25(4) of Customs Act Declared Arbitrary: Karnataka HC Orders Refund to Patanjali Foods [Read Order]

The Karnataka High Court in a recent case has ordered a refund of ₹3.40 crore to Patanjali Foods, holding that Section 25(4) of the Customs Act of 1962 as amended by fiance act of 2016, is ...

Packing Materials Form Part of Sale Price u/s 2(u) of Bihar Finance Act: Patna HC Upholds Unified 11% Sales Tax on Cement, Dismisses ACC’s Appeals

In a recent judgment, the Patna High Court dismissed five miscellaneous appeals filed by ACC Limited, upholding the Commercial Taxes Tribunal’s decision that cement and its packing materials cannot...

Pink Tax in India: Not a Real Tax, but Real Pain

Pink tax is the price women quietly pay for simply being women, even though no law, GST slab, or Finance Act in India officially recognises it. This pink tax has stayed mostly in articles and ...

GST Return Filing u/s 16(5) Timeline Makes S 16(4) Time Bar Lose Significance: Kerala HC Orders Reconsideration of ITC Claim [Read Order]

The Kerala High Court in a recent case has ruled that the statutory timeline introduced under Section 16(5) of the CentralGoods and Services Tax Act (CGST) overrides the earlier time restriction...

Form 26AS Alone Cannot Sustain Service Tax Demand Without Precedent Review: CESTAT Orders Fresh Decision in One Month [Read Order]

The Ahmedabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT), remanded the service tax dispute arising solely from Form 26AS discrepancies, holding that such demand cannot be...

Absence of Time Limit in Notification allows Exemption Claim “At Any Stage” under Finance Act: CESTAT Rules in Favour of Mars International [Read Order]

The Tribunal ruled that Exemption Can be sought Throughout proceedings if an Exemption Notification does Not include Time Limit or Procedural Restriction In a major relief to Mars...