GST
Nirmala Sitharaman, Hon’ble Finance Minister, presented the first budget on 23rd July 2024, of the current government. The budget, particularly, focuses on employment, skilling, MSMEs, and the middle class and…
GST
The Goods and Service Tax (GST) Council in its 53rd meeting on June 22 waived off interest and penalty on tax demand notices for the period 2017-2020, provided the assessee…
Facts of the Case Insitel Services Pvt. Ltd. Versus Union of India The petition has been listed before this Bench by the Registry in view of the urgency expressed therein.…
The GST Council in its 51st meeting on August 2 had recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies…
Transfer or succession of business is a normal business phenomenon which has been taken care by the various taxation laws also. Transfer or succession of business may take place in…
When a business is transferred to another person for any reason—including the death of the proprietor—the transferee or successor, as the case may be, shall be required to be registered with…
Goods and Services Tax (GST) has revolutionized the way tax is collected in India. One of the key features of GST is its self-assessment system. This means that taxpayers are…
The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the services rendered by Indian commission agents to foreign principals will qualify as “export…