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Compensation Cess

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GST Council May Replace Compensation Cess with These Two New Levies

The GST Council is likely to deliberate a significant proposal in its upcoming meeting — replacing the existing compensation cess on goods like coal,...

Notification

CBIC Lays Down Conditions For Availing Benefit Of Reduce Rate Of Compensation Cess to 0.1% On Supplies To Merchant Exporters

The Central Board of Indirect Taxes and Customs (CBIC) on the recommendation of the 55th GST Council Meet has notified the conditions for availing...

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Compensation Cess

GST Council May Replace Compensation Cess with These Two New Levies

CBIC Lays Down Conditions For Availing Benefit Of Reduce Rate Of Compensation Cess to 0.1% On Supplies To Merchant Exporters

Once Tax Is Paid by Supplier, No Further Demand Can Be Raised on Recipient as It Leads to Double Taxation: CESTAT

Packaged Drinking Water Not Liable to MRP-Based Excise Valuation: CESTAT

Non-Filing of Creditor’s ITR Alone Not Enough to Make Income Tax Additions: Patna High Court