Threshold exemption excludes exempt services, while stamp-paper purchases avoid reverse charge; consequential service tax penalties were also set asid...
Employee conflict disclosures and investment restrictions expand with new recusal duties, post-employment limits, and compliance reporting requirement...
Profiteering - supply of “Sanitary Napkins” - It's an admitted fact that the rate of tax on the product was reduced from 12% to NIL w.e.f. 27.07.2018 without the benefit of ITC - it was by found DGAP that the Respondent had increased his base price inspite of reduction in the rate of tax - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty
Profiteering - supply of “Sanitary Napkins” - It's an admitted fact that the rate of tax on the product was reduced from 12% to NIL w.e.f. 27.07.2018 without the benefit of ITC - it was by found DGAP that the Respondent had increased his base price inspite of reduction in the rate of tax - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty
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