CBIC vide Notification No. 10/2023 – Central Tax dated 10th May 2023, has mandated e-invoicing by registered persons having aggregate turnover exceeding Rs. 5 crore, w.e.f. 1 st August 2023.

The changes will come into effect from April 1, 2019.

This issue covers the developments of June 2018 and what's upcoming in July 2018

The Karnataka High Court examined whether healthcare services provided by a medical enterprise to patients through a contractual arrangement with another hospital qualify for GST exemption. The Revenue department argued for an 18% tax rate, while the assessee claimed exemption under healthcare service provisions. The Court's decision hinged on interpreting the legislative intent behind healthcare exemptions and determining whether service classification should follow contractual form or substantive nature.

The Advance Pricing Agreement (APA) program has proven to be an effective tool for dispute resolution since its inception in 2012 in India.

The CBDT through Notification No. 41/2025 dated 30 April, 2025 notifies the Income Tax Return Form 3 for the Assessment Year ('AY') 2025-26.

Tax payers whose returns are required to get audited for financial year 2016-17 have some more time in their hands to file their returns.

The Government of Maharashtra presented the state budget on 11 March 2022. Amongst other proposals the Government of Maharashtra proposes to introduce another amnesty scheme to be called, ...

On July 04, 2017, the Ministry of Consumer Affairs, Food and Public Distribution issued a notification numbered, WM-10(31)/2017 to the Controllers of Legal Metrology in all States and Union Territories, ...

India has always followed a physical presence test to determine the tax residency of individuals in India.

In an important ruling in the Piramal Enterprises Limited's case under the erstwhile VAT statute, the Bombay High Court (BHC) has reiterated that a business transfer as a going concern is to be treated as a slump sale...

The Group of Ministers (GoM) constituted by the GST Council on May 24 to look into the twin issues of classification and valuation of the online gaming,

The income tax department has held that interest income derived from non-convertible debentures (NCDs) was ‘fictious' in nature and had not been appropriately offered to tax.

The Central Board of Direct Taxes (CBDT) in India introduced the Faceless Reassessment Scheme by way of a notification in March 2022. This notification aimed to remove the interface between the Assessing officers...

The Orissa High Court has observed that the nature of refund claim in a case where tax was mistakenly paid twice...

The Ministry of Commerce and Industry has extended the benefit of Scheme for Remission of Duties and Taxes on Exported Products (‘RoDTEP')...

We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe for the month of September 2019.

One of the fears that haunts business entities doing business in/with India is the rampant litigation and the amount of time taken for litigation to conclude.

Under India GST Law, importer in India was required to discharge GST under reverse charge on deemed value of ocean freight services under any CIF (i.e. Cost, Insurance and Freight) contract of import.

Modi Government, in its third term at the Centre, presented its first full budget on July 23, 2024.