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GST ComplianceAllowability of Itc on Gst Paid on Group Medical Insurance, Health or Medical Insurance Cover for All Categories of Employees
In this presentation, vexed issue as to whether GST Paid on Medical/Health Insurance cover in respect of all employees (including employees drawing salary more than Rs.21,000/-) is allowable as ITC in view of the provisions of Section 17(5)(b)(i) of GST – in the light of
Enhanced Surveillance for COVID-19 Protocol at Airport.
Advisory Circular Sub: Enhanced Surveillance for COVID-19 Protocol at Airport. Reference is circulars of even numbers dated 13.03.2021 and 15.02.2021 on the above subject. 2. During the surveillance of some airports, it has come to notice that compliance is not satisfactory. All airport operators, therefore,
GST ComplianceQR Code Compliance is Deferred to 1st July
Notification No. 06/2021 – Central Tax [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 06/2021 – Central Tax New Delhi,
Income Tax ComplianceCBDT Notifies New Procedure and Forms For Trusts w.e.f 1.04.2021.
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th March 2021 INCOME-TAX G.S.R. 212(E).—In exercise of the powers conferred by clauses (i), (ii), (iii), and (iv) of the first proviso to clause (23C) of section 10, ninth proviso
Import / ExportNotification No. 35 /2021-Customs (N.T.)
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 35 /2021-Customs (N.T.) New Delhi, the 29th of March, 2021 G.S.R…(E).-In exercise
Import / ExportCESTAT Delhi in the case of M/s Aestrik Techno-Signs Versus The Commissioner of Customs
Case Covered: M/s Aestrik Techno-Signs Versus The Commissioner of Customs Facts of the Case: The facts of the case, in brief, are that the appellant M/s Aestrik Techno Signs imported goods through FedEx Airway Bill No. 808815275160 declaring them as “small printer part, big printer
GST LitigationHighlights of Tata Sons Judgement
TATA CONSULTANCY SERVICES LIMITED VS. CYRUS INVESTMENTS PVT LTD AND ORS CIVIL APPEAL NO.440 441 OF 2020 The following are some of the important highlights of the judgment rendered by the Hon‘ble Supreme Court on 26.3.2021. (A): The events (i) occurring more than 10 years
GST LitigationDelhi HC in the case of Synfonia Tradelinks Pvt Ltd Versus Income Tax Officer
Case Covered: Synfonia Tradelinks Pvt Ltd Versus Income Tax Officer Facts of the Case: The assessee before us is a private limited company going by the name Synfonia Tradelinks Pvt. Ltd. The assessee was incorporated on 28.05.1993 under the Companies Act, 1956 albeit under the
Import / ExportCESTAT Chennai in the case of M/s.S.T. Enterprises Versus Commissioner of Customs
Case Covered: M/s.S.T. Enterprises Versus Commissioner of Customs Facts of the Case: Brief facts of the case are that M/s.ST Enterprises and M/s. Ayush Business Overseas (appellants herein) imported betel nuts and filed two warehousing Bills of Entry both dated 18.11.2020 for warehousing the same.
GST LitigationSupreme Court in the case of Tata Consultancy Services Limited Versus Cyrus Investments Pvt. Ltd.
Case Covered: Tata Consultancy Services Limited Versus Cyrus Investments Pvt. Ltd. Facts of the Case: Tata Sons (Private) Limited has come up with two appeals in Civil Appeal Nos.13-14 of 2020, challenging a final order dated 18-12-2019 passed by the National Company Law Appellate Tribunal
GST ComplianceCAG Report on GST
Chapter I: Indirect Taxes Administration This chapter gives an overview of the indirect taxes administration, revenue trends in indirect tax collection, and compliance verification mechanism under Goods and Services Tax. 1.1 Nature of Indirect Taxes This Audit Report covers transactions involving levy and collection of
GST LitigationKerala HC in the case of Kerala Communicators Cable Limited Versus The Additional Director General
Case Covered: Kerala Communicators Cable Limited Versus The Additional Director General Facts of the Case: By this petition, the petitioner is challenging the orders of attachment of its bank accounts under Section 83 of the CGST Act. By way of interim relief, the petitioner is