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Tag: gst law

GST Council may consider national bench of AAAR next month; move to give certainty to taxpayers

Setting up of a national bench of AAAR would help bring certainty in the GST era as divergent rulings by AARs leave the industry...

Circular trading & GST evasion charges: Taxman may have to review arrest strategy

Mumbai High Court granted bail to many promoters arrested for circular trading by the indirect tax department due to which the department might need...

12% GST on RECs: Renewable power companies move Delhi High Court

Renewable power companies have moved the Delhi High Court, seeking to exempt the renewable energy certificates (RECs) from GST. The case will also have...

Merger of firm as going-concern will not attract GST, rules AAR

An Advanced Authority Ruling (AAR) has upheld in case of BM Industries that merger of a proprietorship firm as a going-concern with a company...

Delayed filing of returns: Rs 4,172 crore late fee collected since GST launch

A total of Rs 4,172.44 crore was collected by the government as late fee for delayed filing of various goods and services tax (GST)...

Bihar Deputy CM Sushil Modi to head GoM on GST revenue shortfall faced by states

Among other things, the committee would also take into account trends of revenue collection before and after implementation of goods and services tax (GST). Bihar...

GST Council meet inconclusive, no roll-out in April 2017

Issues between Centre and states has been not sort out yet. Goods and Services Tax (GST) rollout from April 1 next year is now...

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