Three draft GST related Laws – Model Goods & Service Tax; Integrated Goods and Service Tax (IGST) and Goods & Service Tax (Compensation to the States for loss of Revenue) were discussed at length for two days on 21st – 22nd November, 2016 in the Officers’ Level Meeting of the States and Centre held in national capital. Number of issues were resolved during the two day meeting. However, the States desired some more time to internally deliberate on revised draft of the Laws within their respective State(s).
Another Meeting of the Law Sub-Committee comprising of the officers of the States and the Centre has been now scheduled for 25th November, 2016 in Delhi in order to finalise the draft GST related Laws before placing them before the GST Council.
Therefore, the GST Council Meeting scheduled for 25th November, 2016 has been rescheduled on 2nd-3rd December, 2016.
Court can not sit over comparative financial attractiveness of rival offers or to substitute its own view for the decision…
When quantum appeal stands restored to the AO, penalty can not be levied u/s 221(1) of the Income Tax Act…
Even if, the assessee is engaged in the bogus purchases, the entire purchases cannot be disallowed - ITAT In a…
Order to stock broker through WhatsApp may be considered as legally verifiable record - SEBI SEBI in an informal guidance…
ICAI Guidance Note on Audit of Banks 2026 Edition ICAI has issued 2025 edition of the Guidance Note on Audit…
NHIDCL is hiring CA/CMA and others as Young Professionals – Last date to apply is 14.04.2026 The National Highways and…