Tax
GST Applicable On Education & Training To Commercial Pilots As Per DGCA Syllabus: AAAR
The Uttar Pradesh Appellate Authority of Advance Ruling (AAAR) has ruled that education and training for commercial pilots as per the syllabus of the Directorate General of Civil Aviation (DGCA) are not exempt from GST.The bench of Uma Shanker and Ministhy S., while upholding the ruling of the Authority of Advance Ruling (AAR), noted that the appellant was not empowered to conduct the...
CBDT Allows Income Tax Exemption To Swasthya Sathi Samiti
The Central Board of Direct Taxes (CBDT) has granted the income tax exemption to Swasthya Sathi Samiti under clause (46) of section 10 of the Income-tax Act, 1961.The Swasthya Sathi Samiti, Kolkata, is a body established by the Government of West Bengal. The assessee shall be eligible for income tax exemption in respect of the income arising to that Body, namely grant received from the...
DGFT Allows Export Of Food Supplements Containing Botanicals To EU And UK Subject To Official Certificate
The Director General Of Foreign Trade (DGFT) has allowed the export of food supplements containing botanicals to the European Union (EU) and United Kingdom (UK) subject to official certificates.The Government notified conditions for the export of Food Supplements containing botanicals under ITC (HS) Code 1302 and 2106, intended for human or animal consumption to the European Union and the...
Onus Lies On Restaurant To Prove Absence Of AC Facility To Avail Service Tax Exemption: CESTAT
The Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the onus lies on the restaurant to prove the absence of an AC facility to avail of service tax exemption.The bench of Binu Tamta (Judicial Member) and P. V. Subba Rao (Technical Member) has observed that as per state rules and conditions for granting the bar restaurant licence, it was mandatory...
GSTN Launches Reward Scheme, “Mera Bill Mera Adhikar” Mobile App
The Goods and Service Tax Network (GSTN) has notified the GST reward scheme, the “Mera Bill Mera Adhikar” mobile app.This plan aims to promote the custom of consumers requesting receipts and invoices for all purchases. The scheme's goal is to shift people's cultural and behavioural perceptions of asking for a bill as a right and entitlement.This scheme will be implemented from 1st...
In Hi-Tech “Click Of Mouse” Age Some Income Tax Officials Are Yet To Come Out Of Their Love For “Snail Pace” Style Of Working: Delhi High Court
The Delhi High Court has rejected the appeal of the income tax department and refused to condone the delay of 498 days."Even in this hi-tech "click of the mouse" age, some of the government officials are yet to come out of their love for the "snail pace" style of working. The worst is when such delays are aimed at simply completing formalities so that the government appeals get dismissed on...
18% GST Payable On Foam Cup Pad: AAR
The Uttar Pradesh Authority of Advance Ruling (AAR) has ruled that 18% GST is payable on foam cup pads.The bench of Amit Kumar and Harilal Prajapati has observed that the foam cup pad’ made of polyurethane, glue, and fabric, is to be classified under heading 39262091.The applicant is in the business of manufacturing highly specialised foam cup pads on state-of-the-art machines using...
ITC Admissible On GST Paid On Inward Supply For Fixing Of Plant And Machinery To Earth By Structural Support: AAR
The Rajasthan Authority of Advance Ruling (AAR) has held that Input Tax Credit (ITC) The Rajasthan Authority of Advance Ruling (AAR) has held that input tax credit (ITC) is admissible on GST paid on inward supply for fixing plant and machinery to earth by foundation or structural support.The bench of Umesh Kumar Garg and Mahesh Kumar Gowla has observed the provisions of Sections 16 and 17 of...
Himachal Pradesh High Court Stays Service Tax-Cum-Divisional Commissioner’s Order As GSTAT Not Constituted
The Himachal Pradesh High Court has stayed the service tax-cum-divisional commissioner’s order as GSTAT was not constituted.The bench of Justice Sandeep Sharma has observed that in the absence of GSTAT i.e., the appellate tribunal, the petitioner had no option but to approach the High Court by way of a petition filed under Article 227 of the Constitution of India, which otherwise empowers...
Pre-Deposit Made Before OHA Can’t Be Adjusted Against Any Other Tax Dues: Delhi High Court Allows Refund To Flipkart India
The Delhi High Court, while allowing the refund to Flipkart India, held that a pre-deposit made before the Objection Hearing Authority (OHA) cannot be adjusted against any other tax dues.The bench of Justice Yashwant Varma and Justice Dharmesh Sharma has observed that Section 38(2) of the Delhi Value Added Tax Act, 2004 (DVAT Act) uses the expression "recovery of any other amount due under...
DGFT Updates List Of Banks Authorized For Gold And Silver Imports Under Appendix 4B Of Handbook Of Procedures, 2023
In a recent development, the Directorate General of Foreign Trade (DGFT), operating under the Ministry of Commerce & Industry, Government of India, has released an updated list of banks authorized to import gold and silver under Appendix 4B of the Handbook of Procedures, 2023.Through Public Notice No. 28/2023, dated August 18, 2023, the DGFT has officially issued the revised list of banks,...
DGFT Amends Export Policy Of Non-Basmati White Rice
The Directorate General of Foreign Trade (DGFT), operating under the Ministry of Commerce & Industry, Government of India, has issued a significant Trade Notice, Trade Notice No. 23/2023-DGFT, dated 18th August 2023, outlining a crucial amendment to the export policy concerning Non-Basmati White Rice (HS Code 1006 30 90).The Trade Notice, highlights that the Export Policy of Non-basmati...