The saga of GST on Ocean Freight… Vaster than the Ocean itself!
It appears as if the taxability of Ocean Freight is a magnet of litigation under the Indian Indirect tax regime. Initially under Service Tax, ocean...
![E-Commerce Operators liable to collect TCS on providing platform for sale of Digital Gold: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/AAR-AAR-Karnataka-E-Commerce-E-Commerce-Operators-TAXSCAN-1.jpg "E-Commerce Operators liable to collect TCS on providing platform for sale of Digital Gold: AAR [Read Order]")
Operation Clean Sweep: CGST Delhi East Dismantles Syndicate of 48 Sham Firms, Exposing ₹199 Crores in Illicit ITC Availment; arrests 3
The Central Goods and Services Tax (CGST) Delhi East Commissionerate has successfully dismantled a complex network of 48 interconnected fraudulent firms that were illicitly claiming Input Tax Credit...
Input Tax Credit and the Perceived Dependence on the Supplier to Avail the Benefit of Such Credit in Terms of Section 16(2)(C) of the CGST Act
In recent times, the government has made a series of amendments to the GST law, and through these amendments, has made the recipient of a supply almost completely dependent on the supplier to avail...
GST Council likely to Meet on August 2 to Cover Issues of Online Gaming, Casinos and Horse Racing via Video Conferencing
The Goods and Services Tax (GST) Council is likely to take a final step on the issues of online gaming, casinos and horse racing on August 2nd 2023. The 50th GST Council meeting was conducted on 11th...
Payment of Net Receivables by One GSTIN for Another GSTIN of Same Company is Not Supply: ITC can be Claimed If Done through Book Adjustment, AAR Rules in favour of Malabar Gold [Read Order]
The Kerala Authority of Advance Ruling (AAR), Thiruvananthapuram has held that the payment of net receivables by one Goods and Services Tax Identification Number (GSTIN) for another GSTIN of the same...
![Payment of Net Receivables by One GSTIN for Another GSTIN of Same Company is Not Supply: ITC can be Claimed If Done through Book Adjustment, AAR Rules in favour of Malabar Gold [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-of-Net-Receivables-GSTIN-of-Same-Company-is-Not-Supply-GSTIN-ITC-Book-Adjustment-AAR-Rules-in-favour-of-Malabar-Gold-taxscan.jpg "Payment of Net Receivables by One GSTIN for Another GSTIN of Same Company is Not Supply: ITC can be Claimed If Done through Book Adjustment, AAR Rules in favour of Malabar Gold [Read Order]")