Delhi High Court held that cash is explicitly excluded from the definition of goods provided u/s. 2 (52) hence seizure of cash and other valuable u/s. 67 of the CGST Act, 2017 is not tenable.

Having aggrieved by the said order of the Assessing Officer, the assessee preferred an appeal before the CIT (A). The CIT (A) held that there is no infirmity in the order of the Assessing Officer in ...

5. On the other hand, the Ld. Sr. DR supported the orders of lower authorities and submit that in absence of the details filed by the assessee, the ld. CIT (A) was fair in applying rate of 8% and he ...

If margin scheme is opted for a transaction of second hand goods, the person selling the car to the company shall not issue ...

(i) Inclusion of a free ‘Scraping Tool’ in the pack of Apsara Oil Pastels amounts to independent ‘supply’ of the scrapping ...

In re Gujarat Narmada Valley Fertilizers & Chemicals Limited (GST AAR Gujarat) Gujarat Authority for Advance Ruling (AAR) has ...

HRA is a component of salary provided by employers to employees to help cover rental expenses. Employees can claim HRA ...

Customs introduces new regulations for post-export modifications to shipping bills, aiming to streamline export processes. It implements electronic amendments under Section 149 of the Customs Act, ...

For a common man like us, Sleep means no physical activity with eyes closed. We can’t say that our mind is also sleeping. It’s never. Whereas Rest means to us is not sleeping with eyes closed but any ...

The goal of GST was simplicity, transparency, and neutrality. But for capital goods, the time-bound ITC system does the opposite — it penalizes legitimate investments, adds compliance pressure, and ...

Taxpayers are advised to note this change, and the GST helpdesk is available for further clarification. 1. This is to inform you that, effective 1st June 2025, the IRP (Invoice Reporting Portal) would ...

Paragraph 8.6 of the report confirmed that Fork Media had availed and utilized CENVAT Credit from March 2016 to June 2017 and had filed the corresponding service tax returns in December 2019.