Composition Scheme under GST
In India most of the people running small businesses, it is not possible for them to comply with monthly compliances …
GST
18% GST to be charged on battery charging for EVs: Karnataka AAR
Hearing a case of Chamundeswari Electricity Supply Corporation Ltd, the AAR said that input tax credit (ITC) would be allowed …
NRIs can still file income tax return even if their PAN becomes inoperative
For many NRIs their residential status in the records of the Income Tax Department as per PAN may not have …
Clarification on refund related issues – Circular 197/09/2023
What is the Issue: There are many issues related to application and calculation of Refunds in certain cases. Download Circular …
GST Council likely to define MUVs and XUVs for levy of 22% cess: Report
Currently, such imports attract 5 per cent or 12 per cent IGST The GST Council is likely to clarify on …
Taxation of Shares Held by Holding of Subsidiary co. in: Circular 196/08/2023, 17.7.23
What was the Issue: Whether the holding of shares in a subsidiary company by the holding company will be treated …
GST clarification on ISD mechanism – Circular 199/11/2023 – 17.07.23
What was the Issue: Taxability of activities performed by an office of an organisation in one State to the office …
9 New Notifications – Dated 17.07.2023
after 50th GST council meeting 9 New Notifications are issued for Date Extension and New Changes in CGST act and …
Issues Related to E-Invoice – Circular 198/10/2023 – 17.07.2023
What was the Issue: Supplier who is liable to make E-invoice if supply, to Government Departments or establishments/ Government agencies/ …
ITC for warranty replacements & repairs during warranty period: GST Circular 195/07/2023 – 17 July 2023
What was the Issue: Original equipment manufacturers /suppliers offer warranty for the goods / services supplied by them. During the …
