Page 2 - Composition Scheme News Today

Supreme CourtNo Service Tax Applicable on User Development Fee collected From Passengers by Delhi, Mumbai and Hyderabad International Airports: Supreme CourtCase Title: Central GST Delhi – III vs...

SUBJECT WISE INDEXAdverse PossessionThe onus to prove acquisition by adverse possession shifts on the defendant, once the title of the property has been upheld in the name of Plaintiff by a...

Supreme Court Section 16-B Of Himachal Pradesh General Sales Tax Act Is Not Ultra Vires Any Provision Of Law: Supreme Court Reiterates Case Title: State of Himachal Pradesh & Ors. vs M/s...

The Supreme Court has ruled that the value of the service portion in the execution of the works contract has to be determined as per Rule 2A of Service Tax (Determination of Value) Rules, 2006, or as...

Blame everybody except themselves and not take her up on responsibility does not give us confidence that they are going forward they�* re confidence that they are going forward theyre going to deal with this fairly. the concern is that they are going to set up this compensation scheme. they are going to ask individual clients to go through the composition scheme. individual clients do not have the power that a group action would have. you if it is a powerful organisation and our concern is tha...

GST Council refers composition scheme for ice cream makers back to Fitment Committee May 30, 2021 ‘Given the high value addition, the revenue implication is significant’ The ice cream sector will have to wait to be included in the Composition Scheme of Goods & Services Tax, with the GST Council referring the matter back to the Fitment Committee. This issue is critical for small ice cream manufacturers. This February the Delhi High Court said that the GST Council should reconsider exclusion...

Government relaxes GST compliance May 02, 2021 The Finance Ministry has relaxed compliance norms for Goods & Services Tax (GST) assesses. Accordingly, there will be no late fees for filing March/April 3B up to 15 days and 30 days from original due date for taxpayer with turnover more than five crore and upto five crore, respectively. For quarter ending March 31, there will be no late fees if 3B filed within 30 days from original due date. Form 3B shows how much tax has been paid in cash and...

GST return deadlines extended; late fee waived Updated: Updated: May 02, 2021 22:37 IST These concessions granted for a limited time window of a fortnight to a month, effective May 1 Share Article Photo used for representation purpose only. File   | Photo Credit: Getty Images/iStockphoto These concessions granted for a limited time window of a fortnight to a month, effective May 1 The government has extended the deadlines for routine Goods and Services Tax compliances, reduced the interest ch...