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Byline: JONATHAN DIAMOND Principal at Well Grounded Real Estate Toronto saw an enormous proliferation of apartment development in the 1950s and 1960s. However, since then, we have developed very little [...]

As we have previously written about here, the CRA has been modernizing its electronic services. As part of these changes, the CRA has updated the GST/HST e-filing returns to require [...]

The 53rd GST Council meeting chaired by the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman was held on June 22, 2024, at Delhi. The GST Council has [...]

Introduction: The GST/HST Change-In-Use Rule under Subsection 206(2) of Canada's Excise Tax Act Canada's Excise Tax Act imposes GST/HST on every 'taxable supply made in Canada.' A 'taxable supply' essentially [...]

Notification No. 12/20241 dated July 10, 2024 - Central Tax (CGST Amendment Rules2) The following amendments are introduced to the CGST Rules: Rule 39 of CGST Rules is amended with [...]

ITC1 denied for breakwater construction The Bombay High Court ('Bombay HC') in the case of Konkan LNG Limited vs. The Commissioner of State Tax and Ors., evaluated the availability of [...]

The GST Council has yesterday (9th of September) in its 54th Meeting recommended a number of changes in rates of GST for various goods and services, while also recommending various [...]

Mumbai: Pursuant to Regulation 30 of SEBI(Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received Order u/s 73 read with Section 50 and [...]

Since the GST was first implemented in 1991, a continual source of misconception has been that the GST represents a single tax. In fact, there are potentially four different applications [...]

Notification Updates Notification 16/2024-Central Tax dated 6 August 2024 The Central Board of Indirect Taxes and Customs (CBIC) has notified that the provisions of Section 13 of the Finance Act, [...]

Refunds of Goods and Services Tax (GST) for exporters in India form a very critical link in supporting market competitiveness and optimising working capital for businesses. Therefore, it is important [...]

The rapid conversion of residential properties, including houses and condominiums, into short-term rentals on platforms like Airbnb has significantly reshaped urban landscapes. This trend reflects a growing demand for flexible [...]

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Apollo Tyres has informed that it submitted the details of order(s) received by the Company under Central [...]

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations, Voltas has informed that the Company has received on 30th August, 2024, [...]

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) read with Sub-Para 20 of Para A, Part [...]

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, EPACK Durable has informed that the Company is in receipt of GST order dated August 28, [...]

Yes Bank has informed that the Bank has received two Orders from the Goods and Services Tax (GST) Department, Maharashtra and Punjab on August 30, 2024 raising demand on various [...]

Mahindra and Mahindra Financial Services has informed the company has received an Order under Section 73 of Central Goods and Service Tax Act, 2017 (DRC07) from the Government of Assam [...]

Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of SEBI Listing Regulations, Bharti Airtel has submitted the details of the Order [...]

While the sale of a previously occupied residential property is generally exempt from HST, the Tax Court of Canada (the 'Court') in 1351231 Ontario Inc. v. The King, 2024 TCC [...]

ICICI Prudential Life Insurance Company has informed that the Company has received an order under Section 73 of Kerala Goods and Service Tax Act, 2017 from the office of State [...]

Pursuant to Regulation 30 read with Para B of Part A of the Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [...]

Mumbai: Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, this is to inform you that the Company has received Demand Cum Show Cause Notice issued under section 74(1) of [...]

Byline: TIOL News Service 2024-TIOL-1289-HC-P&H-GST IN THE HIGH COURT OF PUNJAB AND HARYANA CWP-18015-2024 SHASHANK GARG Vs ADDITIONAL COMMISSIONER (ANTI-EVASION) CENTRAL GOODS AND SERVICE TAX COMMISSIONERATE PANCHKULA AND ANOTHER Sanjeev [...]

Byline: TIOL News Service 2024-TIOL-1288-HC-ORISSA-GST IN THE HIGH COURT OF ORISSA Case Tracker SN JYOTI ASSOCIATES PVT LTD Vs INTELLIGENCE OFFICER DG GST INTELLIGENCE[Supreme Court of India] W.P.(C) No.25400 of [...]

Mumbai: The Company has received an order dated July 10, 2024 ('Order') from the Superintendent of CGST & Central Excise, Range - II, Division - VIII, Daman Commissionerate, levying on [...]

If you sell goods or provide services in Canada, you likely need to register for and charge customers the Goods and Services Tax ( GST) or the Harmonized Sales Tax [...]

Mumbai: Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015, this is to inform you that the Company has received summons [...]

Byline: Manisha Sharma Infosys responds to Scrutiny (GST non-payment allegations), asserting compliance with regulations and addressing concerns over overseas branch expenses. Read here the detailed statement. In light of recent [...]

This article discusses the critical role of show cause notices ('SCNs') in India's Goods and Service Tax ('GST') framework, particularly how they notify individuals and businesses about potential tax issues [...]

The Hon'ble Finance Minister Ms. Nirmala Sitharaman presented the Finance (No. 2) Bill, 2024 ('the Finance Bill') on July 23, 2024 in the Parliament. We are enumerating key policy initiatives [...]

Canadians have come far with destigmatizing and normalizing therapy, however a barrier many still face in accessing therapy is the excessive costs. In November of 2023, the Minister of Finance [...]

Introduction The Value Added Tax (VAT) is tax on the value addition to the goods, and related VAT liability of the dealer is calculated by deducting input tax credit from [...]

The power of arrest is in a fiscal statute such as GST laws and is provided as a mechanism for investigation of tax evasion and enforcement of the law. The [...]

In a previous article, we flagged the potential GST/HST consequences when a person returns a short-term rental property to long-term residential use. In this article, we will discuss those consequences [...]

Prefatory Note Various powers are vested in Goods and Services Tax Officers to ensure the effective implementation of the Goods and Service Tax ('GST') law and to prevent tax evasion. [...]

I. Introduction The Goods & Services Tax ('GST') was enacted in 2017. It was introduced with the objective of replacing the complex and fragmented erstwhile structure with a simple unified [...]

Yes Bank has informed that the Bank has received an Order from the Goods and Services Tax (GST) department, Tamil Nadu on July 15, 2024 raising demand for input tax [...]

Introduction The goods and service tax ('GST') is a comprehensive, multi-stage, destination-based tax levied on every value addition throughout the economic supply chain. It consolidates various indirect taxes previously imposed [...]

Housing prices will come down after the GST rollout, Union Minister M Venkaiah Naidu on Friday said, while expressing confidence that the landmark tax regime along with property law will [...]

1. INTRODUCTION Online gaming has garnered a lot of media attention in the recent past, owing to high-pegged demands of approximately INR 1.12 Lakh Crores (Indian Rupees One Point Twelve [...]

The 53rd Goods and Services Tax (GST) Council meeting was held on 22nd June 2024, which made several key recommendations with the objective to promote ease of doing business and [...]

Exports are zero-rated under the Goods and Service Tax ('GST') regime, and Input Tax Credit ('ITC') can be availed on the supply of goods and services outside the territory of [...]

Canara Robeco Mutual Fund (MF) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of Canara Robeco Mutual Fund [...]

Introduction: Canadian Tax Rules for Rideshare Drivers & Delivery Drivers The platform economy involves activities facilitated by digital platforms like websites or mobile apps. Two common activities in the platform-economy [...]

The Minister of Finance has issued an amendment to the regulation on the detailed scope of data included in tax returns and records regarding the goods and services tax. The [...]

1. UPDATES IN EVIDENCE a) Initial considerations: Constitutional Amendment No. 132/2023 and its regulation; b) Complementary Bill No. 68/2023 - General Aspects of CBS and IBS: The triggering event for [...]

Pursuant to Regulation 30 of the Listing Regulations, Nilkamal has informed that the State Goods and Service Tax department, Mumbai had visited on Tuesday, July 2, 2024 the Corporate office [...]