Taxbliss

18/01/2022

on salaries? A new ruling can cause a lot of confusion and litigation

Companies and firms with branches in different states now have a new headache to deal with – charging GST on salaries of their head office staff. Experts suggest

18/01/2022

Companies, exporters cry foul as taxman raise fresh GST demands on ocean freight even as issue is pending in SC

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The government and many companies, mainly importers, are fighting a battle in the Supreme Court over the imposition of integrated GST (IGST) on ocean freight. Several companies have received notices in the last month or so in this regard.

17/01/2022

Telcos seek refund of Rs 35,000 crore input tax credit, waiver on licence fee, SUC

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According to pre-Budget recommendations of telecom industry body COAI, whose members include Vodafone Idea, Bharti Airtel and Reliance Jio, the telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural...

17/01/2022

ruling on salary to impact head office-branch dynamics

Cummins India had approached the AAAR with questions including whether allocation of the cost of employees' salary by the head /corporate office to a branch would attract GST. It had also sought clarity over applicability of GST on allocation and recovery of the salary cost of head office's employee...

14/01/2022

set aside order rejecting Refund Application as period from March 15, 2020 till Feb 28, 2022 was excluded for the Purposes of Limitation [Read Order]

Read More: https://buff.ly/3qq5R5a

13/01/2022

Health care services offered on flat fee exempt from GST: Authority for Advance Rulings in Gujarat

The applicant devised a plan for providing health care services for the next 20 years for which a lump-sum amount, say, Rs 10 lakh, will be charged

13/01/2022

: Gujarat HC rules goods in transit cannot be confiscated because of wrong route or under-valuation

Court allowed release of vehicles

12/01/2022

Do remember to file -1 return for the quarter ended Dec-21 within tomorrow to enable your customer to take credit. if you facing issues please reach us for help

12/01/2022

Now, rules ready-to-eat fryums papad to draw 18%

GST rate is based on classification of products based on the harmonised system of nomenclature (HSN) codes

03/10/2021

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20/09/2021

Please read us the first weekly newsletter incorporating the latest decision of the GST Council and guide on refund under inverted duty structure plus Guide on How to manage working capital under GST
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We present first edition of our weekly newsletter on GST , This edition contains analysis of recently concluded GST council meeting recommendation, Managing working capital under GST and guide on How to file refund under inverted duty structure incorporating latest supreme court Judgment on inverted...

20/09/2021

Impact of the decision taken at 45th GST council meeting on the
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GST Council for the first time since the onset of the pandemic met in person at Lucknow on 17th September and recommended a host of changes to tax rates and clarification on certain services and changes in procedure in implementation of the act. we dissect each change and impact it will have on busi...