Daily Archives: June 2, 2018

DRI seizes 32 Kg. Of Gold worth Rs 10.32 Crore

By | June 2, 2018

Ministry of Finance DRI seizes 32 Kg. Of Gold worth Rs 10.32 Crore in one of the biggest seizures of Smuggled Gold in Recent past in East and Northeast India Posted On: 02 JUN 2018 12:14PM by PIB Delhi Acting on an specific  intelligence, the officers of Directorate of Revenue Intelligence (DRI) have effected a… Read More »

Category: GST

Taxability of gift of shares to “sister concern” under family realignment

By | June 2, 2018

Taxability of gift of shares to “sister concern” under family realignment The Delhi Bench of the Income-tax Appellate Tribunal addressed the taxability of a gift of shares to a sister concern under a family realignment “without consideration.” The case is: Gagan Infraenergy Ltd. Read a May 2018 report[PDF 423 KB] Read KPMG Report   Income Tax on… Read More »

Make appropriate changes in GST portal for filing returns as late registration was granted: HC

By | June 2, 2018

HIGH COURT OF KERALA St. Josephs Tea Company Ltd. v. Chief Commissioner, Central GST & Central Excise, Kerala P.B. SURESH KUMAR, J. W.P. (C) NO. 768 OF 2018 MARCH  28, 2018 Smt. Nisha John, Adv. for the Petitioner. Sreelal N. Warrier, SC and P.R. Sreejith, SC for the Respondent. JUDGMENT 1. Petitioner was a registered dealer under the Kerala Value… Read More »

Supply of tiles is job work if raw materials were supplied by contractee: HC

By | June 2, 2018

HIGH COURT OF UTTARAKHAND Commissioner, commercial Tax, Uttarakhand v. Jai Durge K.M. JOSEPH, CJ. AND SHARAD KUMAR SHARMA, JJ. COMMERCIAL TAX REVISION NO. 24 OF 2010 APRIL  10, 2018 Mohit Maulekhi, Brief Holder for the Appellant. S.K. Posti, Adv. for the Respondent. ORDER K. M. Joseph, C.J. – The revisionist called in question the order dated 01-06-2009 passed by the… Read More »

Section 115 of Sikkim GST Act 2017 : Interest on refund of amount paid for admission of appeal

By | June 2, 2018

Section 115 of Sikkim GST Act 2017 [ Section 115 of Sikkim GST Act 2017 explains Interest on refund of amount paid for admission of appeal and is covered in  CHAPTER XVIII  APPEALS AND REVISION] [ Enforced with effect from 1-7-2017. ] Interest on refund of amount paid for admission of appeal 115. Where an amount paid by the appellant under… Read More »

Section 114 of Sikkim GST Act 2017 : Financial and administrative powers of State President

By | June 2, 2018

Section 114 of Sikkim GST Act 2017 [ Section 114 of Sikkim GST Act 2017 explains Financial and administrative powers of State President and is covered in  CHAPTER XVIII  APPEALS AND REVISION] [ Enforced with effect from 1-7-2017. ] Financial and administrative powers of State President 114. The State President shall exercise such financial and administrative powers over the State Bench… Read More »

Section 113 of Sikkim GST Act 2017 : Orders of Appellate Tribunal

By | June 2, 2018

Section 113 of Sikkim GST Act 2017 [ Section 113 of Sikkim GST Act 2017 explains Orders of Appellate Tribunal and is covered in  CHAPTER XVIII  APPEALS AND REVISION] [ Enforced with effect from 1-7-2017. ] Orders of Appellate Tribunal 113. (1) The Appellate Tribunal may, after giving the parties to the appeal an opportunity of being heard, pass such orders… Read More »

Section 112 of Sikkim GST Act 2017 : Appeals to Appellate Tribunal

By | June 2, 2018

Section 112 of Sikkim GST Act 2017 [ Section 112 of Sikkim GST Act 2017 explains Appeals to Appellate Tribunal and is covered in  CHAPTER XVIII  APPEALS AND REVISION] [ Enforced with effect from 1-7-2017. ] Appeals to Appellate Tribunal 112. (1) Any person aggrieved by an order passed against him under section 107 or section 108 of this Act or… Read More »

Section 111 of Sikkim GST Act 2017 : Procedure before Appellate Tribunal.

By | June 2, 2018

Section 111 of Sikkim GST Act 2017 [ Section 111 of Sikkim GST Act 2017 explains Procedure before Appellate Tribunal. and is covered in  CHAPTER XVIII  APPEALS AND REVISION] [ Enforced with effect from 1-7-2017. ] Procedure before Appellate Tribunal. 111. (1) The Appellate Tribunal shall not, while disposing of any proceedings before it or an appeal before it, be bound… Read More »