Impact of ITC restricted to 10% of 2A GST council meeting took a decision for ITC restricted to 10% of 2A. Rule 36(4) of CGST Rules already reduced the ITC limit to 2015 of eligible. Now it is further reduced to 10%.The impact of this provision
Big blow for non filers of GSTR 1 GST council meeting ended with relaxation. But it results in pain to non filers of GSTR 1. GSTN portal was not asking for late fees on GSTR 1. Although there is a provision for the same in
The recent decision by BJP let Govt in India has raised many questions. A lot of confusion is spread in a community. Many rumours are also there. Government has a stand that the Citizenship Amendment Act 2019.This provision amended Citizenship Act 1955.Assam is also suffering
NCLAT has restored the Cyrus Mistry as Chairman of TATA Group. This can be seen as a big win for Cyrus. He was removed from the position in 2016. Earlier order find his removal fair but this one will definitely be a relief. Although it
Table of Contents Case: Hans Raj Sons v. Union of India and others: Trans ITC can be claimed in 3b of 2020 janThe verdict of the court: Download Copy of order: Case: Hans Raj Sons v. Union of India and others: Trans ITC can be claimed in 3b of 2020
GST council is going to meet today. Indian economy is facing a slow down. This meeting is expected to take some important policy decisions. These decisions may have long term impact on Indian economy. Some expected actions are: Cess on some supplies: Government may take
Right to equality: Article 14 of constitution of India Article 14 of constitution of India provides for the right of equality. It’s exact wordings are: “14. The State shall not deny to any person equality before the law or the equal protection of the laws within
THE CITIZENSHIP ACT, 1955 ACT No. 57 OF 19551 [30th December, 1955.] An Act to provide for the acquisition and determination of Indian citizenship. BE it enacted by Parliament in the Sixth Year of the Republic of India as follows:― 1. Short title.― This Act
Table of Contents Introduction:Taxability of salary in GST:What was the controversy:observation in Judgment of M/s HCL Learning LimitedRead the full judgement of HCT Tech: Introduction: GST on salary for the notice period. The recent decision of CESTAT , Allahabad will be a relief in this case.
M/s HCL Learning Limited Vs. CCGST Noida This is one of the important case. It clarified that there will be no GST liability on Notice pay. It is observed by CESTAT Allahabad, in case of M/s HCL Learning Limited Vs. CCGST Noida. “employee shall be paid
