Mutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order]

Top Stories Mutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order] CESTAT ruled that mutual fund investments are neither trading nor…

Continue ReadingMutual Fund Investments Are Neither Trading Nor Service, But Non-Taxable Financial Activities: CESTAT in GMR Case [Read Order]

No GST on Affiliation, Migration or Sports Fees: Bombay HC quashes GST demand Order against Goa University [Read Order]

The Bombay High Court at Goa quashed the GST demand raised on various regulatory fees collected by Goa University, including affiliation charges, prospectus fees, migration certificate charges, and similar statutory…

Continue ReadingNo GST on Affiliation, Migration or Sports Fees: Bombay HC quashes GST demand Order against Goa University [Read Order]

ITC Refund cannot be denied stating Non-Issuance of Credit Note by other party to Contract: Karnataka HC [Read Order]

The Karnataka High Court directed the GST department to refund the Input Tax Credit ( ITC ) as it was viewed that  the same cannot be denied on the ground…

Continue ReadingITC Refund cannot be denied stating Non-Issuance of Credit Note by other party to Contract: Karnataka HC [Read Order]