Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Clarification regarding applicability of GST on additional / ...

July 15, 2019

Circulars     GST

Clarification regarding applicability of GST on additional / penal interest - Corrigendum issued - No GST on Penal Interest where goods purchased on installments (EMI) being financed by the Bank

View Source

 


 

You may also like:

  1. Clarification regarding GST rates & classification (goods)

  2. Clarification regarding GST tax rate for Sprinkler and Drip Irrigation System including laterals

  3. Clarification regarding GST rates & classification (goods)

  4. Clarifications regarding GST in respect of certain services - CGST - Circular

  5. Clarifications regarding GST in respect of certain services - TRU clarified 6 vital issues.

  6. Clarification regarding exports under claim for drawback in the GST scenario - Circular

  7. Levy of GST - collected penal interest for default in repayment of EMI - The activity of collecting penal interest by the Applicant would amount to a taxable supply...

  8. The High Court held that the Central Board of Indirect Taxes and Customs (CBIC) cannot be directed to clarify the applicability of Goods and Services Tax (GST) on...

  9. GST - Corrigendum to Notifications - Prescribing Rate of tax and Exemption from GST in case of Goods

  10. Clarification regarding Proposal in the Finance Bill 2020 Clarification regarding Proposal in the Finance Bill 2020

  11. The High Court held that GST Authorities cannot launch prosecution invoking penal provisions under the Indian Penal Code without invoking penal provisions of the GST...

  12. Levy of GST - Penal Interest for delayed payment of EMI - The penalty recovered by the appellant does not get covered by the term ‘penal interest’ as used by the...

  13. GST Authorities invoked penal provisions under Indian Penal Code against the petitioner without invoking penal provisions of GST Act, despite the alleged offences being...

  14. The Appellate Tribunal held that liquidated damages/penal interest charged at 2% by the appellant cannot be construed as additional consideration but is a penal interest...

  15. Clarification regarding applicability of All Industry Rates of duty drawback while fixing Brand Rate of duty drawback in post GST era

 

Quick Updates:Latest Updates