People who want to start or take over a business can call on the services of an accountant to find the answers more easily to all their questions regarding the implementation of their project. This professional has the skills necessary…
Supreme Court ratifying the validity of Rule 89- A Way forward on Inverted duty Structure (Part-II)
As we discussed in our previous blog about the validity of Rule 89, at last, we have discussed the Gujrat High Court Judgement Interpretation. Now, we are continuing our article with Madras High Court Judgement Interpretation. Madras High Court Judgement…
Supreme Court Ratifying The Validity Of Rule 89- A Way Forward On Inverted Duty Structure (Part-I)
Under any law, the scope for litigation on certain provisions always exists. Some of the provisions requiring less clarity or arguments get settled at the lower court, however, certain provisions are unconstitutional or violative to the rights of the taxpayers…
Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013
What is Sexual Harassment? As an individual, we all knew the meaning of sexual harassment but according to the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 the sexual harassment includes any one or more of…
Interest Paid for Late Payment Under Import: RCM Applicable?
The ongoing pandemic has disrupted the businesses in India adversely wherein taxpayers are avidly expecting certain exemptions which could offer them the ease of doing business. On the flip side, one among the authorities of Advance Ruling (AAR) has ruled…
New Functionality Set In Motion: Explanation & Explication
On July 1, 2017, the nation embraced its extensive indirect tax reform. Since then, we see several changes mooted by GSTN (Goods and Service Tax Network) from time to time. Lately, a unique feature titled AATO (annual aggregate turnover) is incorporated on…
Ineligibility of ITC on Air-Conditioning & Cooling System and Ventilation System
As per the provisions of GST Law, every registered person is eligible to claim ITC on purchase of goods or services or both which is used or intended to be used in the course or furtherance of business. However, as…
Appeal Process Under GST A Robust Mechanism for Resolving Tax Disputes (Part -II)
As we discussed in our earlier blog about the appeal process, we got to know about the Hierarchy of 4 levels of Appeal under GST. Taxpayers can approach the First level i.e., Appellate authority against the adjudication order, and thereafter…
Appeal Process Under GST A Robust Mechanism for Resolving Tax Disputes (Part -1)
Now that adjudication under the Goods and Services Tax (GST) law is in full swing, GST officers are issuing notices and conducting adjudicating processes against the Taxpayers on a scrutiny basis. Based on the Adjudication conducted by the GST officer,…
Mere Execution Of Works Contract In A State Mandates Registration?
The primary focus of every economy has been on increasing the ease of doing business for its people. To achieve this, various relaxations have been given to businesses so that they can put their efforts and resources on their core…