The Goa AAR in its recent case of springfield india distilleries held that alcohol based sanitizers manufactured by the company are covered under
HSN code - 3808
and accordingly taxable at at appropriate rate as specified in the respective notification which is
GST rate of 18%.
It also held that merely classifying any goods as essential commodity will not be the criteria for exempting such goods from GST.
Clarification in relation to notification issued under clause (v) of proviso to section 194N of the Income-tax Act, 1961 (the Act) prior to its amendment by Finance Act, 2020 (FA, 2020) It is hereby c
Mission The Income Tax Department is all set to start an e-campaign on voluntary compliance of Income Tax for the convenience of taxpayers from Monday, the 20th of July, 2020. The 11 days campaign end
Source - CBDT Press release 18th july From this Assessment Year, taxpayers will see an improved Form 26AS which would carry some additional details on taxpayers’ financial transactions as specified in