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Calcutta High Court Mandates Bank Guarantee, Declaring Appropriation of GST Funds by Bank as 'Clearly Impermissible' and reserved 'for Tax Authorities'

Calcutta High Court Mandates Bank Guarantee, Declaring Appropriation of GST Funds by Bank as 'Clearly Impermissible' and reserved 'for Tax Authorities'

Safiya Malik   The High Court...

Kerala High Court: Interest Received by Chit Foreman on Defaulting Subscriptions Not Liable to GST

Kerala High Court: Interest Received by Chit Foreman on Defaulting Subscriptions Not Liable to GST

In a significant ruling, the Kerala High Court has held that interest collected by the foreman of a chit fund on defaulting subscriptions is not subject to Goods a...

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