Eye Share: Time Limit to Avail ITC for FY 2017-18 – Ramification of Gujarat HC Judgment

The Gujarat HC recently in case of AAP and Co. [TS-490-HC-2019(GUJ)-NT] held that GSTR-3B is not a return to be filed u/s 39.....

Jul 19, 2019

Eye Share : Post supply valuation under GST must be well aligned with time-tested Excise Valuation

Litigations are already doing rounds around the free post-supply discounts allowed to the distributor and the secondary discounts allowed by the distributor.....

Jul 19, 2019

CBIC’s clarification in respect of goods sent/taken out of India for exhibition/consignment basis

CBIC clarifies that activity of sending/taking goods out of India for exhibition or on consignment basis for export promotion is.....

Jul 18, 2019

CBIC’s clarification on supply of Information Technology enabled Services (ITeS) to overseas entities

CBIC issues clarification on issues related to supply of Information Technology enabled Services (ITeS services) such as call center, business.....

Jul 18, 2019

CBIC extends due date for filing FORM CMP-08 by composition taxpayers upto July 31

CBIC extends due date for filing of FORM CMP-08 by composition taxpayers for the quarter April - June upto July.....

Jul 18, 2019

AAR : 'Lease' arrangement of plots transferred by applicant, responsible for establishing 'food-park', taxable at 18%, agreement stamping inconsequential

Rajasthan AAR rules on taxability of lease agreement entered by the applicant, a special purpose vehicle (SPV) responsible for establishing.....

Jul 19, 2019

AAR: 'Gear Motors' taxable as ‘Electric Motors’ at 18% GST, question whether classifiable as Gears and Gearings beyond purview.

Tamil Nadu AAR Holds that 'Gear Motors' fall under the CTH 8501 titled ‘Electric Motors and Generators (excluding generator sets)’,.....

Jul 19, 2019

AAR: 'Coffee making machine', taxable under heading 8419 at 18%, rejects classification as 'coffee or tea makers'

Tamil Nadu AAR holds that Gemini Modern ‘Auto Coffee Filter’ and ‘Traditional Coffee Filter’ supplied by the applicant is classifiable under Heading.....

Jul 19, 2019

AAR: Triple Screw Pumps supplies to navy as ‘Parts of Vessel/Warship’ taxable at 5% GST

Tamil Nadu AAR holds that Forced Lubrication Pumps, Emergency Lube Oil Pumps, DG Lube Oil Transfer Pumps and Triple Screw.....

Jul 18, 2019

AAR: Royalty paid to State Govt. for mining lease liable to 18% GST on reverse charge basis

Rajasthan AAR holds the applicant liable to pay GST under reverse charge basis for assignment of rights to use the.....

Jul 18, 2019

Copy of amendments introduced to Finance Bill, 2019

Copy of amendments introduced to Finance Bill, 2019.....

Jul 18, 2019

Revenue Secretary, CBIC Chairman & State Ministers grace CNBC TV 18's GST Conclave

CNBC TV 18’s Conclave on GST @ 2: The Road Ahead, was graced by Rev. Secy., CBIC Chairman and various State Ministers.....

Jul 17, 2019

HC: Delhi HC grants interim relief to Banks over Rs. 38,000 cr service tax controversy

Delhi HC admits a batch of petitions challenging show cause notices (SCNs) seeking to levy service tax of Rs. 38,000 crores.....

Jul 08, 2019

AAR : Rejects applicant’s exemption plea for flat sale camouflaged as lease

Maharashtra AAR upholds levy of GST on applicant engaged in development of land and construction of  flats, to be given.....

Jun 28, 2019

CBIC prescribes 'value' for Kerala Flood Cess levy, refund on sales from 'international airport'

CBIC notifies CGST (14th Amendment) Rules, 2017; Inserts Rule 32A prescribing that value of supply of goods or services or both.....

Jun 28, 2019

HC : Bombay HC continues ad-interim relief in arrest matter, citing issue pendency before SC(LB)

HC directs continuation of ad-interim relief granted earlier, restraining Revenue from taking any coercive action against assessee in respect of arrest.....

Jul 12, 2019

HC : Press Release clarifying last date of availing ITC to be GSTR-3B due date, 'illegal'

Gujarat HC holds the Press Release dated October 18, 2018 to the extent clarifying that the last date for availing.....

Jul 08, 2019

Notification prescribing output-tax payment before GSTR-3B due date challenged before Telangana HC

Telangana HC issues notice in writ challenging vires of Notifications issued u/s 168 of CGST Act r/w Rule 61(5) of.....

Jul 17, 2019

Govt. issues Standard Operating Procedure (SOP) for TDS updated as on February 18, 2019

Govt. issues Standard Operating Procedure (SOP) for TDS updated as on February 18, 2019; Includes procedure for filing TDS Return.....

Feb 18, 2019