Category: My Blog

  • Is Reverse Charge Transaction Covered Under E-Invoicing?

    GST Article – Is Reverse Charge Transaction Covered Under E-Invoicing? Introduction E-Invoicing has been implemented in India in a phased manner since 1st October 2020. Let us discuss whether it applies to transactions that fall under the ambit of the Reverse charge mechanism under GST. This article aims to provide a comprehensive understanding of the…

  • GST Judgment – Demand

    DELHI HIGH COURT   P. (C) 6768/2024& CM APPLS. 28212-13/2024   P.S. Enterprises Through Proprietor Pankaj Sharma …..Appellant V/s Union of India & Ors. …..Respondent   Hon`ble Justice Sanjeev Sachdeva and Ravinder Dudeja, JJ.   Date : 27/05/2024   Appearance:   Mr. Prabhat Kumar, Mr. Arun Kumar Singh and Mr. Utkarsh Kumar, Advocates for the…

  • THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

    Introduction An Act to provide for the establishment of a Board to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith or incidental thereto.   BE it enacted by Parliament in the Forty-third Year of the Republic of India as…

  • GST On Intermediary Services

    Introduction The Goods and Services Tax (GST) regime in India has brought about a significant transformation in the taxation landscape. One of the critical aspects under the GST Law is the taxation of intermediary services. In this article, we will delve into the intricacies of intermediary services, providing a comprehensive overview of their definition, examples,…

  • GST JUDGMENT – INPUT TAX CREDIT

    ALLAHABAD HIGH COURT CIVIL MISC REVIEW APPLICATION NO. – 69 OF 2024 Rajshi Processors, Raebareli Having Office Thru. Its Partner Ashok Kumar Lakhotia …..AppellantV/sState of U.P. Thru. Prin. Secy. Deptt. of State Tax Govt. Lko. and 2 Others …..Respondent Hon`ble JusticeSubhash Vidyarthi, J. Date : 24/05/2024 Appearance:Anurag Mishra for the Petitioner.  Issues Involved :-  Case referred/cited :-Rajshi Processors Raebareli, Ashok Kumar Lakhotia…

  • Taxation of Real Estate Transaction under GST

    Introduction The Goods and Services Tax (GST), a comprehensive indirect tax system, has been a transformative step in streamlining India’s taxation structure. However, its application in the real estate sector has been a complex affair. The real estate sector, with its unique challenges and intricacies, has always been a tough nut to crack when it…