Tax Query: Can I transfer unutilised balance in my cash ledger?

1. Can the unutilised balance in my cash ledger now be transferred…

CBIC to close investigations on GST evasion/fraud cases

The Central Board of Indirect Taxes and Customs (CBIC) has issued instructions…

CBIC Clarifies on Debit Notes, Physical Invoice and Refund of Accumulated ITC

The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular…

GST Council: No More Provisional ITC Claims to Businesses

The Goods and Services Tax (GST) Council took several decisions during the…

The upcoming GST Council meet may fix a GST levy on petrol and diesel

There have been several speculations about the GST Council considering a GST…

Food Delivery Apps and Cloud Kitchens May Be Liable to GST Soon

The Goods and Services Tax (GST) Council, which will be meeting this…

Supreme Court Upheld the Madras HC Decision Regarding CGST Rule 89(5)

The Supreme Court urged the Goods and Service Tax (GST) Council to…

GST Collections for August 2021 Stood At Rs.1.12 Lakh Crore

The Finance Ministry released Goods and Service Tax (GST) collection data for…

Gujarat AAR: No GST leviable on the Employee Portion of Canteen Charges

The Gujarat Authority of Advance Ruling (AAR) ruled that Goods and Services…

AAR ruling subjects “sinking fund” and “repair funds” by housing societies to GST

A new advance ruling has stressed housing societies across the country to…