April 25, 2019
Input Tax Credit

HC Says Interest is Payable on Total Tax Liability, ITC included

Megha Engineering & Infrastructures Ltd. vs. The Commissioner of Central Tax [TS-248-HC-2019(TELandAP)-NT] Telangana HC (Hyderabad) dismissed the assessee’s writ and held that interest u/s 50 of CGST […]
April 24, 2019
GST Return Filing under Composition Scheme

CBIC Prescribes Special Procedure for Payment & Return Filing under Composition Scheme

Govt. prescribed special procedure for furnishing return and payment of tax by persons registered under the GST composition scheme in terms of Section 10 of CGST […]
April 23, 2019
GST Update

NAA Upholds Profiteering Against ‘Snacks-Supplier’ for Charging GST Despite Foregoing ‘Brand-Name’ Rights

Director General Anti Profiteering vs. Dev Snacks [TS-246-NAA-2019-NT] National Anti-Profiteering Authority (NAA) upheld a case of profiteering u/s 171 of CGST Act, 2017 against supplier of […]
April 22, 2019
renewable-energy-certificate

Delhi HC issues a notice regarding Circular levying GST on Renewable Energy Certificate Scrips

Delhi HC issued a notice to Revenue in writ challenging Circular No. 46/20/2018-GST levying 12% GST on Renewable Energy Certificate (REC) scrips. It noted the Petitioner’s […]
April 17, 2019
list-of-itr-forms

List of Major Changes made in the ITR Forms

Some major changes in the Income Tax Returns (ITRs) were notified by the Govt. The taxpayer will now have to provide additional details such as days […]
April 17, 2019
gst compliance

What Provisions Should You Follow for Smooth GST compliance?

Since the implementation of GST on 1st July 2017, frequent amendments have been going on in the GST law and provisions, which has kept the businesses, […]
April 15, 2019
vidhi-centre

Vidhi Centre report recommends legislative changes to strengthen GST

The launch of GST evoked an unprecedented range of emotions and eagerness about the legal and political schemes to transition to the GST regime. Given the […]
April 15, 2019
the-election-result

GST most likely to undergo a change irrespective of the election result

The controversial Goods and Services Tax (GST) is all set for a refit regardless of who comes to power in the forthcoming elections. Top finance ministry […]
April 12, 2019
GST Changes

What are The Major Changes in GST w.e.f 1st April 2019?

With the beginning of the new Financial Year of 2019-20 CBIC (Central Board of Indirect-Taxes and Customs) has issued some important notifications to bring the GST […]

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