Karnataka State Chartered Accountants Association seeks Clarification from Finance Ministry on admission of Indian Trusts as Partners in LLPs
The Karnataka State Chartered Accountants Association (KSCAA), on 5th September 2023 had sought Clarification on admission of Indian Trusts as...
![Finance Ministry notifies Increase in Special Additional Excise Duty on Production of Petroleum Crude w.e.f. 15th August 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/Finance-Ministry-Increase-Special-Excise-Duty-Production-Petroleum-Crude-TAXSCAN.jpg "Finance Ministry notifies Increase in Special Additional Excise Duty on Production of Petroleum Crude w.e.f. 15th August 2023 [Read Notification]")
GST Portal Glitches: 25,982 grievances raised out of 11.2 Cr GSTR-1 Filings; says Finance Ministry
Taxpayers are always concerned about portal glitches, especially when the due date is approaching. In response to queries raised by Lok Sabha MPs, State Finance Minister Pankaj Chaudhary highlighted...
14,277 GST Appeals Pending against Contested Tax Demands by Central GST Authorities as of June 2023: Finance Ministry before Parliament
As of June 2023, the parliament has been informed by the Finance Ministry that there are 14,277 pending appeals related to disputed tax demands by the Central GST authorities under the Goods and...
Finance Ministry notifies updated Customs Exchange Rate of Import and Export of Goods we.f. 4th August 2023
The Central Board of Indirect Taxes and Customs (CBIC) Notification No. 57/2023 - Customs (N.T) has notified the exchange rate on 3rd August 2023. The rate shall come into effect on 4th August 2023. ...
Finance Ministry launches a One-Time Settlement Scheme Vivad se Vishwas – II (Contractual Disputes) to effectively settle pending Contractual Disputes, as announced in Budget 2023-24
The Department of Expenditure, Ministry of Finance, has launched the scheme, “Vivad se Vishwas II – (Contractual Disputes), to effectively settle the pending contractual disputes of government and...
Finance Ministry Clarifies GST Rates and Classification of Certain Goods based on Recommendations of 50th GST Council [Read Circular]
As per recommendation of the GST Council, in view of the prevailing genuine interpretational issues regarding the applicability of GST rate on the Biomass briquettes, falling under any chapter, the...
![Finance Ministry Clarifies GST Rates and Classification of Certain Goods based on Recommendations of 50th GST Council [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/08/Finance-Ministry-GST-Rates-Classification-Goods-Recommendations-50th-GST-Council-taxscan.jpg "Finance Ministry Clarifies GST Rates and Classification of Certain Goods based on Recommendations of 50th GST Council [Read Circular]")
