DECEMBER 2022 (Week 2)

GST NEWS BULLETIN

No service tax payable on interest-free security deposits taken from customers towards trading of shares

The CESTAT bench of Ahmedabad (“the Tribunal”) in the case of Marwadi Shares & Finance Ltd. v. C.C.E & S.T.-Rajkot (Service Tax Appeal No. 12087 of 2017) held that the Service Tax is not liable to be paid on

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Bombay HC orders restoration of GST registration canceled u/s 29(1) of the CGST Act

The Hon’ble Bombay High Court (“the High Court”) in the case of M/s. Euro Pratik Sales Corporation [W. PNo.3380 OF 2022 dated November 17, 2022] allowed Petitioner to submit a physical application for

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AKGVG & Associates
(Chartered Accountants)

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