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

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 […]