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April 27, 2024
Eyewitness Merely because there are certain lacunae in the investigation, it cannot be a ground to disbelieve the testimony of eye-witnesses. (Para 47) Madan v. State of Uttar Pradesh, 2023...
February 23, 2024
GST cess is set to expire in two years. What happens starting April 2026 is a decision that the government has to make.
February 14, 2024
The cess, which is levied on products in the 28% GST slab such as aerated drinks, tobacco and automobiles, is set to expire in March 2026
February 1, 2024
The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the continuation of Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) for export of Apparel/Garments and Made ups upto 31st March 2026.Continuation of Scheme for
January 29, 2024
From the advent of GST, the Government has time and again tried to iron out the complexities, compliance hiccups and anomalies with respect to various issues, however, there are still plethora of issues on which industry seeks government intervention.
January 15, 2024
Indias Interim Budget 2024 is expected to focus on improving the quality of trade facilitative environment, fostering domestic manufacturing, and expanding the greater value chain (GVC). The country has made significant progress in streamlining cargo clearance processes, but the actual performance has fallen short of average release time targets, experts say.
December 26, 2023
AAccess to JusticeFundamental right of Access to Justice - Abolition of OAT does not violate right of access to justice as cases will be heard by High Court - The fundamental right of access to...
October 9, 2023
The GST Council will discuss the future of the compensation cess on luxury and demerit goods collected to repay loans taken by the Indian government during the COVID-19 pandemic. The council will decide on the name and distribution of the cess beyond March 2026, the deadline for loan repayment. Some states have raised concerns about the utilization and apportionment of the cess amount.
October 5, 2023
According to reports, the industry has requested a consistent additional compensation cess on cigarettes, bidis, smokeless tobacco products, and/or lower compensation cess on cigarette sticks up to 70 mm, , gst panel, goods and services tax, Tobacco Products
October 4, 2023
The industry had sought uniform additional compensation cess on cigarettes/compensation cess on bidis/additional compensation cess on smokeless tobacco products/or lower compensation cess on cigarette sticks up to 70 mm. They had also sought a lowering of GST on electric vehicle batteries from 18% to 5%