Key year end To-Do’s for financial year 2017-18 Dear Reader, Financial Year 2017-18 (‘FY 17-18’) marks a historic year in the Indian taxation regime, with the introduction of Goods & Services Tax (‘GST’) from July 2017. Besides initial glitches in the IT...
Update on Industrial Development Scheme for new & existing industrial units and service units in Himachal Pradesh and Uttarakhand Dear Reader,The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry (‘DIPP’) undertakes measures for the...
AAR Update | Corporate office liable to pay GST on support services (including employee cost) to other units Dear Reader,This is to update you on a recent order of the Authority on Advance Rulings in Karnataka (‘AAR’) in the case of Columbia Asia Hospitals Private...
Supreme Court allows issuance of Form-C for procurement of fuel after GST implementation Dear Reader,This is to update you regarding the decision in Caparo Power Limited[1] wherein the Apex Court has dismissedrevenue’s SLP against High Court’s decision[2] mandating...
RATE OF GST ON CANTEEN SERVICES – RECENT AMENDMENT AMENDMENT IN RATE OF GSTThe GST celebrated its 1st anniversary on July 1, 2018 amidst a mixed bag of emotions of pros and cons, reliefs and uncertainty.To Read More, Please click on the below mentioned link:NITYA’S...
Key highlights of CGST (Amendment) and IGST (Amendment) Bills, 2018 The GST Council in its 28th Meeting held on July 21, 2018 proposed significant amendments in GST law to make the law simpler and minimize the cascading effect on taxpayers. To give effect to this, the...
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