Tax Experts react to passage of GST Bills in Lok Sabha GST Bills as passed by Lok Sabha have significant improvements as compared to the earlier drafts which clearly indicate that industry’s representations have been considered seriously by the GST Council. Heading...
Tax Experts react to formal approval of GST laws by GST Council Venkataraman (Senior Advocate)It is a red letter day in the ambit of Indian tax jurisprudence. Thus far, we have had uniform tax laws through various central legislations, both in direct and indirect...
Budget maintains low profile on Indirect tax front By Puneet Bansal, Shruti Karnatak and Lalitendra Gulani, Nitya Tax Associates AS the nation stands on the cusp of major overhaul in the current indirect tax regime,it comes as no surprise that the Union Budget 2017...
Union Budget 2017- Key indirect tax Proposal Union Budget, 2017, as expected, saw limited changes being made in indirect taxes. With GST transition in mind, the Finance Minister played safe by maintaining a status-quo. To ensure economic growth (specifically post...
Top 100 Indirect Tax Rulings of 2017 Expert’s Take on Ruling CENVAT Credit Rules, 2004 (‘Credit Rules’) forming a self-contained code, comprehensively provide for availment, utilisation, transfer and restrictions on availment and utilisation of...
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