📛💥 ITC is not available for the construction of the immovable property for renting it out for commercial purposes [GST Newsletter]

Will the GST council address the tax on hybrid cars issues in the upcoming meeting; Know here [GST News]

Read More at: a2ztaxcorp.com/will-the-gst-c…

CT & GST Dept Seizes Gold Worth Nearly 10 Cr In Odisha’s Balasore [GST News]

Read More at: a2ztaxcorp.com/ct-%26-gst-dep…

GST Official Scammed Out of Lakhs by Fake Stock Trading App [GST News]

Read More at: a2ztaxcorp.com/gst-official-s…

Total exports of merchandise and services in FY 2024-25 begins with strong growth of 6.88%; estimated at USD 64.56 Billion in April 2024 as compared to USD 60.40 Billion in April 2023 [Download Press Release]

Read More at: a2ztaxcorp.com/total-exports-…

GST Poll of the day:

Can a registered person issue a single document for both taxable and exempt supplies to an unregistered person in the same transaction, instead of separate invoices and bills of supply?

#GST #GST Poll #exempted #registeredperson #GST registration #gstlaw …

🚨 #MUSTWatch

🔰 Important video on: “Non-Payment of Taxes by Suppliers - S. 16(2)(c) of the CGST Act - Detailed Discussions' || CA (Adv) Bimal Jain

📢 Do like, share and subscribe to our YouTube Channel for regular updates in GST.

🎥 Kindly Watch Complete video at:…

🚨 World's biggest economies in 2029, projected by IMF.

United States 🇺🇸: $34.95 trillion
China 🇨🇳: $24.84 trillion
India 🇮🇳: $6.44 trillion
Germany 🇩🇪: $5.36 trillion
Japan 🇯🇵: $4.94 trillion

India is set to become the third biggest economy in the next 3 years.

ITC is not available for the construction of the immovable property for renting it out for commercial purposes [GST Newsletter]

Read More at: a2ztaxcorp.com/itc-is-not-ava…

No data loss due to fire at CR building: Income Tax department [Income Tax News]

Read More at: a2ztaxcorp.com/no-data-loss-d…

Pune GST Intelligence busts multi-state fake input tax credit scam worth Rs 145 crore [GST News]

Read More at: a2ztaxcorp.com/pune-gst-intel…

Pharma sector under DGGI Scanner; about ₹450 crore of GST dues recovered in FY24 [GST News]

Read More at: a2ztaxcorp.com/pharma-sector-…

कई बार चुप रहना,
खुद को सही साबित करने से बेहतर होता है।

⚠️📛 DGGI can initiate proceedings for clandestine supply even if SGST dept. already investigating transaction with one supplier: HC

➡️ The Directorate General of GST Intelligence (DGGI) conducted a search and seizure operation at the premises of the assessee, seizing records…

⚠️📛 HC directed dept. to open portal for 30 days to enable assessee to file pending returns & make payment of tax dues

➡️ The registration of the assessee was canceled due to a delay in filing their return.

➡️ The respondent authority must inform the assessee of any revenue…

⚠️📛 Packing, loading, unloading & unpacking services along with transportation of household goods to be treated as GTA services: AAR

➡️ The applicant is a Goods Transport Agency (GTA) involved in transporting goods by road and provides ancillary services such as packing,…

⚠️📛 Directs refund of tax paid by Torrent-Power on ocean-freight; Sub-ordinate authority bound by Court judgment

➡️ The Gujarat High Court directed a refund of Service Tax paid by Torrent Power Ltd., as a prior court decision declared the relevant notification ultra vires.

➡️…

⚠️📛 HC: Directs the ‘Proper Officer’ to expedite processing of refund

➡️ The Delhi High Court has issued a notice in response to a writ petition requesting that the ‘Proper Officer’ process all pending refund applications.

➡️ The petition seeks a directive for the issuance of…

⚠️📛 HC: Absent ‘why’ refund rejection, quashes order for violation of natural justice principles

➡️ The Rajasthan High Court found that the refund rejection order violated principles of natural justice, as the show cause notice (SCN) under Rule 92(3) did not provide clear…

⚠️📛 HC: Citing PoS, dismisses challenge to recovery of GST on exhibition service received outside India

➡️ The Rajasthan High Court dismissed a writ petition by a jewellery dealer challenging a show cause notice regarding non-payment of GST on exhibition services received…