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In the past 4 years of GST India, there have been significant changes in the economy. However, even with 44 Council meetings and the countless advance rulings, the law is yet far from settled. Nonetheless, the GST law has been developing at a considerable pace.
While other laws, such as Direct Tax and Customs Laws are as old as time, there are still various developments in this regard. In DT, the Government has now increased the fold of TDS from service sector to also include goods. As for Customs, the Government is still bringing in various goods under the umbrella of BIS.
Compiling all such developments, we are glad to bring you the 11th Edition of our ‘Vision 360’ Newsletter in association with TIOL. We have covered all the judicial and legislative developments in Direct, Indirect Tax other regulatory areas. We hope that reading of the newsletter would bring an enriching experience to you! Your valuable feedback is always welcome at firstname.lastname@example.org or email@example.com.
The information provided in this update is intended for informational purposes only and does not constitute legal opinion or advice. Readers are requested to seek formal legal advice prior to acting upon any of the information provided herein. This update is not intended to address the circumstances of any particular individual or corporate body. There can be no assurance that the judicial/ quasi judicial authorities may not take a position contrary to the views mentioned hereinrra quis.
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