Facts of the case: The appellant is engaged in the business of providing Internet Services to various customers. He is registered with the Service Tax Department under the category of ‘Leased Circuit Services’ & ‘Online Information & Database Access Services’ and regularly filing returns & depositing …
City businessmen are frequently protesting for delay in GST refund against both the state and the central GST departments. Businessmen mentioned the cause of delay as the due process for refunds was not being followed by the departments concerned. Rajkumar Singla, president of the Fasteners Suppliers …
Case law: M/s Toolcamp Systems Private Limited vs AAR Facts of the case: The applicant is involved in the manufacture and sale of plastic moulds, press tools, jigs/fixtures/ gauges, injection moulded parts and design services, as per specific orders & requirements of their customers. The assessee …
In the budget, it was announced “Sabka Vishwas” legacy dispute resolution scheme for solving the cases and litigations related to excise and service tax. The Indirect tax’s amnesty scheme waives both interest and penalty amounts along with the reduction of disputed tax amount. CBIC has released …
Telangana is one of the top states in the country in SGST collections. It has recorded 17% revenue growth in the state goods and services tax (SGST) collections in the first quarter of 2019-2020. In the financial year (2018-19), the state had registered 15% growth over the previous year. …
A private store was fined of Rs. 4,000 for charging GST @ 5% on discounted price. Against which the customer has lodged the complaint seeking refund of the excess GST amount charged. The fine was imposed on Lifestyle International Private Limited, at Rajguru Nagar in Ferozepur …
After rollback of GST Regime, a major decline in the revenue has been noticed. GST registered business received notices from the income tax department in the last few weeks as department noted decline in annual revenue by 20% or more over the previous year. The department …
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