By aasklegal
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Nov 15, 2022
Apex Court allows the carry forward of transitional credit; directs re-opening of GSTN portal for filing Form TRAN-1 and TRAN-2
Hon’ble SC in case of Union of India vs Filco Trade Center Private Limited [TS-369-SC-2022-GST] provides a big relief to the […]
By aasklegal
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Nov 10, 2022
CBIC issues clarification on imposition of tax demand and penalty in respect of transactions involving Fake Invoice
The issue relating to issuance of fake invoice is of the most concern to the tax department. We regularly come […]
By aasklegal
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Nov 9, 2022
Decoding the Supreme Court judgment striking down the levy of IGST on Ocean freight
Introduction: The issue regarding levy of IGST on ocean freight under reverse charge in case of CIF contracts has finally […]