No Levy or collection of GST on Ocean Freight

Recently hon'ble Gujarat High Court in the landmark judgment in case of [2020] 113 taxmann.com 436 (Gujarat) M/s. Mohit Mineral Pvt. Ltd. v. UOI has held that no GST shall be leviable under Integrated Goods and Services Tax Act, 2017, on... Read More →

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GIST OF CIRCULARS

Circular No. 121/40/2019-GST dt.11-10-2019(Refer NN.25/2019- CTR) Services provided by State Government by way of grant of alcoholic liquor licence against consideration in the form of licence fee or application fee or by any other name shall neither be treatedas supply... Read More →

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GIST OF NOTIFICATIONS

NN. 44/2019-Central Tax dated 09-10-2019 GSTR-3B for the period from October, 2019 to March, 2020 shall be furnished on or before the 20th day of the month succeeding such month. (more…) Read More →

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GIST OF NOTIFICATIONS ISSUED ON 30th SEPTEMBER, 2019

CBIC has issued various rate notifications, to give legal effect to the decisions taken in the 37th GST council meet conducted on 20th September, 2019. Below mentioned is the gist of the rate notifications issued on 30th September, 2019 which... Read More →

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Clarifications in respect of option exercised under section 115BAA of the Income- tax Act, 1961 inserted through The Taxation Laws (Amendment) Ordinance, 2019- reg.

The Taxation Laws (Amendment) Ordinance, 2019 (the Ordinance) has been promulgated by the President of India on September 20, 2019. The Ordinance, infer alia, inserted a new section 115BAA in the Income-tax Act, 1961 (the Act) with effect from April... Read More →

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