Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
The notification u/s 3 & 5 of CGST Act and u/s 3 of IGST Act amends territorial jurisdiction of Central Tax Officers. It modifies Notification No. 02/2017-Central Tax by changing jurisdiction areas. Notable changes include substituting place names and omitting certain areas. Published by Ministry of Finance, the amendment impacts Principal Commissioners and Commissioners of Central Tax and their sub-ordinate officers. The notification aims to streamline tax administration within specified districts. This update, effective from 30th May 2024, enhances clarity and efficiency in tax enforcement.
The notification u/s 3 & 5 of CGST Act and u/s 3 of IGST Act amends territorial jurisdiction of Central Tax Officers. It modifies Notification No. 02/2017-Central Tax by changing jurisdiction areas. Notable changes include substituting place names and omitting certain areas. Published by Ministry of Finance, the amendment impacts Principal Commissioners and Commissioners of Central Tax and their sub-ordinate officers. The notification aims to streamline tax administration within specified districts. This update, effective from 30th May 2024, enhances clarity and efficiency in tax enforcement.
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