Category: Pharma Job Board

The Authority for Advance Rulings, Tamil Nadu has ruled regarding the GST exemption on maintenance charges paid to a housing society by a member. It was clarified that housing society is required to collect GST on maintenance charges charged from its members only if it exceeds …

Number of arrests has been made by the Directorate General of GST Intelligence (DGSTI) in the last few months on the grounds of issuance of fake invoices and claiming Fraudulent Input tax credit. It has also found that the prime objective of the persons arrested was …

CBIC has issued a Circular having No.63/37/2018-GST dated September 14, 2018 provided clarification regarding processing of refund claims filed by UIN entities. Inter alia one such clarification was waiver from recording UIN in the invoices for the period from April, 2018 to March, 2019 for which …

SIAM (Society of Indian Automobile Manufacturers) convention: Guenter Butschek, CEO Tata Motors said Indian automobile industry growth story is about to due to ongoing slump triggered by a variety of factors, including low consumer sentiment and non-availability of liquidity.  While reporting the 20% fall the auto …

Mismatch in the sale and purchase may penalized taxpayers with a notice. This move has been taken for the transparency. The excise department recently strengthened its information technology (IT) and even hired professionals to not only nail down tax violators but keep a watch on the …

An investigation involving amount of Rs. 70 crore tax credit scam is carrying on by the UT excise and taxation department, which will also take help of excise department to unearth the large spread scam. Earlier also, the department had detected 132 bogus dealers who used …

CBIC vide Notification No. 39/2019 – CT dated August 31, 2019 has appointed September 01, 2019 as the date since when section 54 of the CGST Act, 2017 is amended to include new sub-section (8A) in accordance with proposal made in Finance Act, 2019 to allow and disburse …