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
Read more at
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
Read more at
|