Findings of CAG Audit Report on GST issues for 2020-21 The Comptroller and Auditor General of India (‘CAG’) has released its report on Indirect Taxes for 2020-21, focusing on issues involving levy and collection of GST (Report No. 5 of 2022). This report broadly...
Transitional Credits : Who will have the last laugh? In the ongoing streak of landmark moves from the Apex Court of the country, the judgment in UOI v. Filco Trade Center, 2022-VIL-38-SC is sure to be remembered for a long time to come. The judgment is being hailed...
National Anti-profiteering Authority investigating increase in price of various products due to increase in GST rates Several news reports indicate investigations being undertaken by National Anti-Profiteering Authority (‘NAA’) against various Companies for...
NITYA | Indirect Tax Bulletin | August 2022 | Week 3 Please click on the below link to NITYA I Indirect Tax Bulletin I August 2022 I Week 3 (Legal Precedents, Other Updates, Articles and Recent News) covering all recent updates for your kind perusal. NITYA I Indirect...
Absent determination, validity of garnishee proceedings to recover interest Lately, it has been witnessed that GST Authorities while imposing any demand upon a taxpayer, the correct procedure laid down by law is often overlooked. It is becoming a trend for the GST...
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