Analysis of the recent judgment of Orissa HC judgment on ITC of works contract in M/S Safari Retreats The issue involved in the said case was regarding availability of ITC on construction of a commercial mall in terms of Section 17(5) of the CGST Act r/w OGST Act wherein a writ petition was preferred before the High …

1. Vide entry no. 45 of Notification no. 12/2017-CT(R) dated 28.06.2017 as amended w.e.f. 25.01.2018 following services are exempted from the levy of GST. Legal Services provided by:- (a) An arbitral tribunal (b) A partnership firm of Advocates or an individual as an Advocate (c) Senior Advocate to Central Government, State Government, Union Territory, Local …

RESOLUTION OF DISPUTES ARISING OUT OF INTERNATIONAL TRADE TO BE FACILITATED BY DGFT: ONLINE METHODOLOGY INTRODUCED EFFECTIVE FROM 11.02.2019 INTRODUCTION Maintaining an enduring relationship with foreign buyers and suppliers is of utmost importance to create confidence in the business environment of India. So, whenever any disputes related to International trade arise, it is in the …

In the 33rd GST Council Meeting, the Council approved the following tax rates on residential housing properties. 1. GST Rate i. 5% without ITC on Non-Affordable residential housing properties; ii. 1% without ITC on Affordable residential housing properties. 2. Effective Date The new rates shall become applicable from 1 of April, 2019. 3. Definition of affordable housing i. In non-metropolitan cities/towns: A …

The petitioner in the case of Sampad Narayan Mukherjee v. Union of India & Ors., W.P. No.25447 (W) of 2018 challenged an order-in-original confirming allegations raised in a show cause notice. The petitioner had replied to the said show cause notice and had also requested for cross-examination of witnesses whose statements were relied upon in the show cause …

1. ITC for FY 2017-18 – can be availed upto filing of GSTR-3B of March’2019 – Input Tax Credit w.r.t invoices of F/Y 2017-18 may be availed by recipient till the due date of furnishing FORM GSTR-3B for the month of March 2019. It is to be noted that abovesaid benefit shall be …

An article published in peer reviewed magazine of Views Exchange CA Study Circle – EIRC on the occasion of their Annual Conference 2018. Authored by Mr. Puneet Agrawal and Mr. Gaurav Gupta.

Presenting the book to Mr. Justice Deepak Gupta, Judge, Supreme Court of India, Mr Justice IA Ansari, Chairman Human Rights Commission of Punjab (Ex-Chief Justice Patna HC) and Sh. Ganesh Purohit Sr. Adv. – Past President AIFTP.   Book release in Chandigarh – By Ex-Vice President of CESTAT, Shri S.S. Kang.

The Hon’ble Bombay High Court has admitted a Writ Petition challenging the levy of GST on Development Rights. 1. After the introduction of GST, levy of GST on Development Rights is a big challenge for the real estate sector due to wide scope of definition of the term “Service”. 2. Under Notification No. 4/2018 – Central …