The Material Recycling Association of India (MRAI) urges the Central Government to reduce GST on metal scrap from 18% to single digits or zero. This move could boost compliance, revenues, and environmental sustainability in the recycling sector....
Experts suggest the GST Council's exemption on corporate guarantees won't ease the Rs 1,000 crore tax burden on real estate and power firms. Learn why this relief falls short. ...
Discover how banks are navigating GST implications on penal charges post-RBI's new directive. Learn about challenges with customer consent for marketing communications and the industry's call for adaptation time. ...
The Indian Auto LPG Coalition (IAC) advocates lowering GST on auto LPG from 18% to 5%, citing environmental benefits and affordability. Learn how this move supports India's transition to sustainable energy. ...
Learn how the recent GST Council decision to waive off penalties and interest benefits smaller companies facing hefty GST demands. Understand its impact on SMEs and startups, improving financial health and compliance ease....
India Energy Storage Association (IESA) advocates slashing GST on batteries, EV charging infrastructure, and battery swapping. Read about their wishlist for GST reduction and other clean energy initiatives. ...
The decision to include petrol and diesel in GST lies with states, despite central government readiness. Learn why states are hesitant due to revenue concerns post-GST implementation. ...
ACMA urges the government to support capex, increase depreciation rates, and rationalize GST rates for EVs and components in Budget 2024-25. Key proposals include tax deductions and an amnesty scheme for customs disputes. ...
Explore the significance of detailed reasoning in judicial decisions through critical High Court cases in India, highlighting how cryptic orders can affect fairness and transparency in legal proceedings....
In the case of M/s. Shree Padma Industries v. Union of India, the Delhi High Court ruled that the assessee must be granted an opportunity for a personal hearing. The court set aside the previous order and emphasized the need for fair reassessment in GST...
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