Articles

Summary of Recommendations during 54th meeting of the GST Council on 09.09....

Posted On September 10th, 2024

GST Council recommends Group of Ministers (GoM) on life and health insurance related GST with existing GoM on Rate Rationalisation; to submit report by end of October 2024 GST Council […]

Royalty Vs Tax - Tax on Mineral Rights - Impact on GST Levy?

Posted On July 25th, 2024

Editor: The Nine Member Bench of the Supreme Court in Mineral Area Development Authority & Anr Vs M/s Steel Authority of India & Anr. Etc. (Civil Appeal Nos. 4056-4064 of […]

Changes in GST Provisions - Explanatory Memorandum on Finance Bill 2024 - U...

Posted On July 23rd, 2024

Note: (a) CGST Act means Central Goods and Services Tax Act, 2017 (b) IGST Act means Integrated Goods and Services Tax Act, 2017 (c) UTGST Act means Union Territory Goods […]

Design Charges for manufacture of moulds cannot be subjected to tax as cons...

Posted On July 17th, 2024

Editor: The Supreme Court in Commissioner of Central GST & CE Vs Ramkrishna Forgings Ltd (Civil Appeal Diary Nos. 20030/2024 decided on 12.07.2024) has dismissed the Special Leave Petition filed […]

GST Council Recommendations - 53rd Meeting - Addressing Concerns For Ease o...

Posted On June 23rd, 2024

The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today. The meeting was also attended by Union […]

Delayed filing of return need not involve interest liability as long as cas...

Posted On January 26th, 2024

Editor: The Single Member Bench of the Madras High Court in M/s Eicher Motors Limited Vs The Superintendent of GST & Central Excise & Anr. (W.P 16866 & 22013 of […]

Gift voucher taxable only at the time of redemption thereof for merchandise...

Posted On January 17th, 2024

Editor: The Single Member Bench of the Madras High Court in Tvl. Kalyan Jewellers India Ltd Vs Union of India & Ors. (W.P 5130 of 2022 & W.M.P 5227 & […]

Back cover and front cover for mobile phones need not be classified under H...

Posted On January 10th, 2024

Editor: The Division Bench of the CESTAT New Delhi in M/s Samsung India Electronics Pvt Ltd Vs Principal Commissioner of Customs Air Cargo Complex (Import) New Delhi (Final Order 51665/2023 […]

Relief for assessees - No ITC Reversal by customer unless Revenue cannot re...

Posted On December 18th, 2023

Editor: In a welcome move for assesses, the Supreme Court has dismissed an SLP by Revenue against the aforesaid HC Verdict. The HC had ruled earlier that credit reversal could […]

G Watch or smart watches fall under HSN 85176290 and not 91021900

Posted On December 7th, 2023

From The Editor: The Division Bench of CESTAT New Delhi has confirmed that the functionality of G Watch or smart watches imported by the assessee in a case differ from […]

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