The Madras High Court, while considering a writ petition, has held that the VAT department shall raise interest demand within a reasonable time under the provisions of the Tamil Nadu VAT Act. The petitioner, M/s Aruna Hotel Limited, is a company and claims to have been in a state of turmoil in terms of its…
Source Taxscan
Latest Posts in "India"
- GST Cut on Insurance May Not Lower Premiums; Potential 12-18% Increase Expected
- India’s GST Council Endorses Two-Tier Tax Structure for 2025
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
