THE “COMPOSITE SUPPLY” CONUNDRUM IN THE GST ACTS [CGST Act,2017]

1. In the erstwhile Service Tax Regime, Section 65B(54) of the Finance Act,1994 defined “Works Contracts “as meaning a contract wherein transfer of property in goods involved in the…

SHOULD THE INTERPRETATION OF THE PROCEDURAL ASPECTS OF THE GST LAW BE SO DRACONIAN?

IS THE MUCH TRUMPETED ” EASE OF DOING BUSINESS TURNING INTO A NIGHTMARE FOR THE TAX PAYER?

1. The honourable Madhya Pradesh High Court UPHOLDS the imposition of penalty equal…

MILK PRODUCTION IN INDIA – AGAIN A PARADOX OF POVERTY AMIDST PLENTITUDE!

1. India today is the world’s largest milk producer , with 165.4 million tons of milk per year,and a per capita milk availability of 322 gms per day!

2. India…