The Gujarat High Court quashed the order and the demand notice in respect of Value Added Tax (VAT) passed by the respondent authority because of the procedural lapses and remitting the matter back to the...
The Custom, Excise, Service Tax Appellate Tribunal (CESTAT) while rejecting the contention of the revenue authorities held that supplying and spreading GSB on top of road is a “work contract”. The appellant, M/s. Sem Construction...
(An analysis of decision of UK Upper Tribunal in the matter of Volkswagen Financial Services [2020] UKUT 0042 (TCC) and question it raises for margin scheme under Indian GST) Margin scheme not applicable for sale...
The Gujarat High Court quashed the order and the demand notice passed by the respondent authority because of the procedural lapses and remitting the matter back to the respondent authority for fresh hearing. The first...
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench held that Unutilized CENVAT in respect of credit inputs or capital goods purchased can be availed for set off against the liability of Excise Duty. The assessee,...
In order to give a boost to industrialization, the state government of Odisha approved the amendment in the Industrial Policy Resolution (IPR) to provide VAT reimbursement for the industries. The decision was taken at the...
The UK Government is looking at possible taxes that could replace or supplement the regime, including a new tax on online sales alongside a review into the reform of the business rates system (commercial property...
The UAE Federal Tax Authority (FTA) has published VAT Public Clarification, clarifying the rules surrounding the zero-rating of exported services. For a “zero-rated service,” the government does not tax its retail sale but allows credits...
Turkey has temporarily reduced Value Added Tax (VAT) rates at numerous sectors through a presidential decree on its official gazette, on 31st July 2020. Turkey has taken this reduction measures in light of the continuing...
The Madras High Court directed the Commercial Tax Officials Goods and Service Tax Network(GSTN) for migration or transition of credit. The petitioner, Guru Shoe Components and Company is a manufacturer of Insoles, presently registered as...
Google is hiring Chartered Accountants/ Law degree qualifiers for the role of Indirect Tax Manager at their Gurugram, Haryana location. Candidates with 12 years of experience in indirect taxes profile, working for industry or consulting...
The Supreme Court held that the Ultratech Cement availed excessive subsidies of 25% under Rajasthan Investment Promotion Scheme-2003 and so interest of 12% per annum is applicable until the whole excessive subsidies are recovered. The...
The Jharkhand Government promulgated an ordinance to levy ‘COVID Cess’ on Mineral Bearing lands for mitigating the hardships caused by the COVID-19 pandemic. “Circumstances exist which render it necessary to take immediate action to promulgate...
The Jammu and Kashmir Bank has invited applications from eligible candidates for different post vacancies. The Jammu and Kashmir Bank is a J&K – based private sector banking and financial services company. It is a...
The Goods and Services Tax ( GST ), with its historic rollout, promised to change the conventional methods prevailed in the old tax regime. One of the key objectives of the GST was the removal...
In view of COVID 19 pandemic and Amphan, the state government has extended the term of its tax dispute settlement scheme by two months- from June 30 to September 30, 2020. Initially, the scheme was extended...
Icon Clinical Research India Pvt Ltd is hiring CA/CMA qualifiers for the role of Finance Manager at their Chennai branch. Candidates with 6 to 11 years of experience are preferred. ICON plc, a leading global...
The National Anti-Profiteering Authority (NAA) imposed the penalty on Whirlpool for denying the benefit of a rate reduction of Goods and Service Tax (GST) to consumers. The Applicant referred a case to the Standing Committee...
The Panasonic has invited applications from eligible candidates for the post of Branch Commercial Head. The Panasonic is a diversified technology company that provides solutions to create a better life for consumers in living spaces...
In a recent ruling, the Customs, Excises and Service Tax Appellate Tribunal (CESTAT) held that the appellant, Hotel Moti Mahal is not liable to pay service tax on the renting out of banquet hall without...
Deloitte India (Offices of the US) is hiring B.Com, MBA graduates for the role of Tax Senior at their Hyderabad location. An experience of 4 to 7 years is required. Deloitte Tax Services India Private...
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