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This material and the information contained herein prepared by Hiregange & Associates intended for clients and other chartered accountants to provide legal updates on indirect tax and is not an exhaustive treatment of such subject. We are not, by means of this material, rendering any professional advice or services. It should not be relied upon as the sole basis for any decision which may affect you or your business.
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Understanding Model GST Law- Concept of "person"
Continuing the series of basic and simple articles on the Model GST law we examine some of the important definitions and concepts in the next few articles.
Background
Goods & Services Tax (GST) as the name suggests, is a tax on supply of goods or services. Presently, certain taxes are being levied only by the Central Government and certain taxes only by the State Government. However, GST would be levied by both the Central Government and State Government on the same...
Understanding GST Model Law - Definition of Levy & Supply
This is a part of the series of articles to understand the model law. The understanding of the definitions of terms being important is being discussed in the earlier one and the next few.
Background
The introduction of GST law has been fast tracked with the introduction of formats of invoices, registration and returns. The advancement of Budget to 1st week of February and winter session to 16th November in past few days confirms that. It is now clear that GST law would in...
Read moreIndirect Tax Latest Judicial Precedents September 2016
HIGH COURT
- Amount paid as “tax” by assessee under mistaken belief of fact or law or both, being erroneous and without authority of law, cannot be retained by Government (G.B. Engineers Vs UOI 2016-43-S.T.R.-345-Jhar.)
- Background: Assessee filed a refund claim for an amount erroneously deposited for the period during which service tax was not leviable on services provided. Department contended that refund claim is time bared as per section 11B of CEA, 1944 read with...
Understanding GST Model Law - Place of supply of services
This is the eleventh in the series of articles to understand the GST Model Law. The purpose is mainly to create awareness and enable one to look at the unintended impact on his her sector. It would aid in making representations to make this law tax payer friendly, simple and transparent.
The GST Model Law has been put in public domain to get the feedback for amendments. This law requires in the opinion of the paper writers amendment to see that all the best practices across the...
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