Delhi GST allows taxpayers to correct past ITC denials caused solely by Section 16(4) time limits, applying Section 16(5)/(6) via a special rectification ...

Explains the procedural nature of Section 70 summons and how taxpayers can respond strategically. Key takeaway: Calm, well-prepared responses reduce litigation and reputational ...

SBI Life Insurance Co. Ltd. ( ($IN:SBILIFE) ) has issued an announcement. SBI Life Insurance has disclosed that it received an order under Section ...

By G Gokul Kishore The government has brought an ordinance to extend due dates for compliances under various tax laws. In CGST Act, new Section 168A empowers it to extend the time-limit specified or ...

The latest update is out from Nuvama Wealth Management Limited ( ($IN:NUVAMA) ). Nuvama Wealth Management Limited has disclosed that its wholly ...

New Delhi, June 22: As part of several taxpayer-friendly decisions, the GST Council on Saturday recommended the waiving of interest and penalty in cases of tax demand notices that have been sent under ...

The tax demand covering the period April 2021 to March 2025 relates to alleged non-payment of GST under Section 9(5) of the CGST Act on payouts made to service professionals. GST authorities contend ...

The 54th meeting of the Goods and Services Tax (GST) Council on September 9 is expected to announce the implementation of the GST amnesty scheme, rate rationalisation of certain goods and services, ...

PRAYAGRAJ: Expressing concern over harassment of dealers in the garb of the GST Act, Allahabad high court has ruled that when the actual movement of goods has been proved by the assessee and the same ...

New Delhi: In what comes as a relief to e-commerce exporters, the GST Council has approved DGFT’s proposal to eliminate the value threshold for GST refunds on low-value consignments. The relevant ...