The Central Board of Oblique Taxes & Customs (CBIC) has suggested its officers to keep away from issuing present trigger notices (SCNs) beneath GST recklessly, as it can result in litigations. This instruction has come as the brand new due date for issuing SCNs associated to FY19 approaches its finish on January 31, 2024. Final … Read more
With the due date approaching, companies brace for a flurry of present trigger notices from GST officers for the Fiscal Yr 2018-19 concerning any doable shortfall in tax cost. Part 73 of GST Act offers with the willpower of tax not paid, or short-paid, or erroneously refunded, or enter tax credit score wrongly availed or … Read more
An organization offering meals to its staff, both instantly or by means of a contractor, shall be handled as a restaurant service and shall be ineligible for Enter Tax Credit score (ITC) underneath Items & Companies Tax, Himachal Pradesh’s Appellate Authority for Advance Ruling (HPAAAR) has dominated. Although the orders of the AAAR and AAR … Read more