Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Central government issues a notification superseding the 2017 rate schedule to prescribe central GST rates for intra-State supply of goods effective 22 September 2025: 2.5%, 9%, 20%, 1.5%, 0.125%, 0.75% and 14% assigned respectively to detailed Schedules I-VII. Each Schedule lists tariff chapters, headings and descriptions of goods (including numerous food items, chemicals, machinery, vehicles, pharmaceuticals, jewellery, minerals, fuels, tobacco, etc.) and includes interpretive definitions and application rules; the notification takes effect on the stated date.
Central government issues a notification superseding the 2017 rate schedule to prescribe central GST rates for intra-State supply of goods effective 22 September 2025: 2.5%, 9%, 20%, 1.5%, 0.125%, 0.75% and 14% assigned respectively to detailed Schedules I-VII. Each Schedule lists tariff chapters, headings and descriptions of goods (including numerous food items, chemicals, machinery, vehicles, pharmaceuticals, jewellery, minerals, fuels, tobacco, etc.) and includes interpretive definitions and application rules; the notification takes effect on the stated date.
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