GSTPAM News Bulletin November 2024

 

CIRCULAR FOR RENEWAL OF MEMBERSHIP/SUBSCRIPTION CHARGES FOR THE F.Y. 2024-25

Dear Members,

RENEWAL OF MEMBERSHIP FOR F.Y. 2024-25

The Membership Fees for the year 2024-25 are due for renewal on 01.04.2024. We appreciate your Continuing support and participation in the activities of our Association.

The timely Renewal of Membership will enable the members to continuously receive the updates on various activities of GSTPAM along with the GSTReview, News Bulletin, Circulars, Messages, Webinars and online access to the website www.gstpam.org. The Life Members only need to renew the subscription charges for the GST Review. The members can also avail the benefit of discount by paying advance for subsequent two years membership fees /subscriptioncharges.

The Membership Renewal Fees received after 30thApril, 2024 will be subject to approval of the Managing Committee. If the Renewal fees for a particular year are not paid, then the member is liable to pay Admission Fees again for Renewal in the subsequent year.

Delayed Renewal Members will be provided Pre Renewal GST Review subject to availability upon payment of such additional courier charges.

The details of Membership/Subscription Fees are given below for your ready reference

Type of Membership	Membership Fees incl. GST	Admission Fees Incl. GST	Subscription Charges for GST Review	Total
New Membership Application
Donor Member	24,780.00	—	600.00	25,380.00
Patron Member	17,700.00	—	600.00	18,300.00
Life Member	11,800.00	944.00	600.00	13,344.00
Life Member (Conversion from Ordinary)	11,800.00	590.00	600.00	12,990.00
Ordinary Local Member	1,770.00	590.00	—	2,365.00
Ordinary Outstation Member	1,475.00	590.00	—	2,065.00
Student Member	590.00	590.00	—	1,180.00
New Membership Application (Firm/LLP)
Ordinary Local Member	1,770.00	944.00	0	2,174.00
Ordinary Outstation Member	1,475.00	944.00	0	2,419.00
Patron Member	17,700.00	0	600.00	18,300.00
Donor Member	24,780.00	0	600.00	25,380.00
Advance Membership / Subscription charges for subsequent two years 2025-26 & 2026-27 (Non-Refundable)
Ordinary Local Member	3,186.00	—	—	3,186.00
Ordinary Outstation Member	2,665.00	—	—	2,665.00
Life Member (Individual/Firm/LLP)	0	—	1,200.00	1,200.00
Patron Member	0	—	1,200.00	1,200.00
Donor Member	0	—	1,200.00	1,200.00
Subscription for GST Review for F.Y. 2024-25 by Non-Members
Subscription fees for GSTR	—	—	1,000.00	1,000.00
Advance Membership / Subscription charges for subsequent two years 2025-26 & 2026-27 (Non-Refundable)
Subscription Fees – GSTR	0	—	2,000.00	2,000.00

Cheque	A/c Payee Cheque drawn in favor of “The Goods & Services Tax Practitioners’ Association of Maharashtra” payable at Mumbai.
NEFT Details	The Goods & Services Tax Practitioners’ Association of Maharashtra Bank of India, Mazgaon Branch Current Account No. 007020100001816, IFSC Code – BKID0000070. Online generated transaction Acknowledgement should be sent by email on [email protected] along with membership and payment details. Members are requested to send their physical form to the association for Approval, Issuance and Office record.
Cash	Renewal form along with requisite amount will be accepted between 10.30 a.m. and 5.30 p.m. on all working days except Saturday at our Office at Mazgaon Library – Mazgaon: 1st Floor, 104, GST Bhavan, Mazgaon, Mumbai – 400 010 Bandra Library – GST Bhavan, Ground Floor, A Wing, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Or Mazgaon Tower – 8 & 9, Mazgaon Tower, 21, Mhatar Pakhadi Road, Mazgaon, Mumbai – 400 010
Identity (New Members)	New Members should provide the following as Identity Proof: PAN, Aadhar Card, Constitution Document. Address Proof (any one): Electricity Bill / Passport / Aadhar Card / Driving License / Voter ID / Ration Card along with Membership Form.
Identity Card (For Renewals)	Ordinary Local/Outstation Members should provide Two Photographs along with the Renewal Form for issue of I-cards.
Online Payment Link	Members can make online payment on our website www.gstpam.org. Members are requested to download Members Renewal form from website, update the latest details in the form, scan it and mail at [email protected]. Payment Link: https://www.gstpam.org/online/renew-membership.php If you are login first time? Click here for create your password

We value your continuation of the membership and look forward to your renewal to this effect.

We value your continuation of the membership and look forward to your renewal to this effect.

New Membership Application (Firm/LLP)Advance Membership/ Subscription charges for subsequent two years 2025-26& 2026-27 (Non-Refundable)
Advance Membership / Subscription charges for subsequent two years 2025-26& 2026-27 (Non-Refundable)

Dated:- 19.07.2024

 

Jatin Chheda

Rahul Thakar

Hon. Jt.Secretary
 

To

The Convenor,

GSTPAM Referencer Committee

The Goods & Services Tax Practitioners’ Association of Maharashtra

Room No. 8 & 9, Mazgaon Tower, Mhatar Pakhadi Road,

Mazgaon, Mumbai – 400 010

 

Dear Sir,

Please book my/our order of GSTPAM Referencer for the year 2024-25 as given below.

 

Sr.	Particulars	Price per copy if booked after to 15th July 2024	Price per copy if booked after to 15th July 2024	Qty	Total RS.
1	GSTPAM Referencer 2024-25 Part I & II (GST, VAT & Allied Law Referencer & Updated GST Rate schedules).	700	750
2	Courier Charges (For Outstation members only) (per set)	130	130
3	Courier Charges (For Local members only) (per set)	100	100

 

Note:

1. Referencer will be published in Part I & II (for GST, VAT & Allied Laws Referencer & Updated GST rate schedules). 

2. Applicants requiring more than 5 copies of the Referencer are required to give a request on their letter head along with the order form. Tax Practitioner’s Associations can place order in bulk quantity by making request on their letterhead signed by the Association’s President and Secretary.

3. Applicants will be issued receipt at the time of placing of their order. Applicants are requested to bring receipt at the time of taking the delivery of the Referencer. No delivery of the Referencer shall be given, unless the receipt for payment is submitted at the counter. If the receipt for payment is lost, than no delivery of the Referencer shall be given.

 

The payment for the above order of………………………………………………………………………………………………………………………………………………………………………………………………………

……………………………………………………………………………………………………………………………………………………………………………………………………………… (Rupees in words) is made

herewith by Cash /Card /Cheque /Demand Draft No. ………….…………… dated ……….……………… drawn on……………………………………………… Bank Branch, Mumbai.

Signature ……………………………. Membership Number………………………….. Address.……………………………………………………… Name ……………………………………… 

……………………………………………… …………………………………………………………………….. Office Tel No…………………………………… Residence Tel No…………………………………………… E-mail:

…………………………………………. Mobile No.…………………………………………………

PROVISIONAL RECEIPT

Received with thanks payment of. ………………………………………………………………………………………………………………………………………………………………………………………………… from vide

Cash /Card /Cheque /NEFT/Demand Draft No. …………………………………………………………………………………………………………………………………………………………………………. Date drawn

on………………………………………………………………………………………………… Bank …………………………………………………………… Branch, Mumbai. Signature ……………………………………………

Date…………………………………………………………………………………………………………. Name of staff of GSTPAM…………………………………………………………………………………………………… Note:

• Please fill in all the details in the above form and send the same to the GSTPAM’s office at Tower or at Mazgaon library along with requisite payment.

• For Direct Deposit / NEFT payment – Bank of India, Mazgaon – Account No. 007020100001817, IFSC Code – BKID0000070. Acknowledgement of the same should be sent by email: [email protected] along with duly filled form.

• Online Payment Link : https://www.gstpam.org/online/purchase-publication.php

• Please mention your name and membership number on the reverse side of the Cheque / Demand Draft.

• The counter timings are from 10.30 a.m. to 5.30 p.m. on Monday to Friday.

• The Cheque / DD should be drawn in the name of “THE GOODS AND SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA

 

Topics

CHAPTER – I

Basic Concepts of GST

Time and Value of Supply of Goods and Services

Input Tax Credits

Determination of Nature of Supply

Registration under GST

Returns

Payment of Taxes, Interest, Penalties & Other levies

Refunds

CHAPTER – II

Demand & Recovery

Assessements and Audit Under GST

Liability to pay in Certain Cases

Inspections, Search, Seziure and Arrest

Advance Ruling Provisions

Appeals Provisions

Offences and Penalties

E-way Bill

E-Invoice

AAR Referncer 23-24

Input Service Distributor & Cross-Charge

TDS/TCS Provisions

GST Composition Scheme

Reverse Charge Mechanism

Anti-Profiteering Provisions

CHAPTER – III

GST Rates of Taxable Goods

GST Rates for Taxable Services

Index of Exempted Goods

Index of Notified Exempted Services

Index of Notified Goods under RCM

Index of Notified Services under RCM

CHAPTER – IV

Gist of Important Judgments of the Tribunals, High Courts and Supreme Court

Central Sales Tax Act, 1956

Maharashtra State Tax on Professions Trades, Callings & Employments Act,

The Maharashtra Stamp Act, 1958

Maharashtra State Budget Highlights 2024-2025

 

THE GOODS & SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA INTENSIVE STUDY COURSE CIRCULAR FOR THE YEAR 2024-25

THE GOODS & SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA INTENSIVE STUDY COURSE CIRCULAR FOR THE YEAR 2024-25

In the rapidly changing field of Goods & Services Tax (GST), where new updates, amendments, notifications and circulars are a constant, staying informed is essential. The complexity of GST requires the tax professionals to continually refresh and deepen our understanding to apply the law effectively.

Our association’s Intensive Study Circle is an esteemed platform designed to help members navigate these challenges. Through in-depth discussions and interactive sessions, participants gain critical insights and practical knowledge that are indispensable in today’s dynamic professional landscape.

We are excited to launch the 2024-25 session on Wednesday, September 4, 2024. We invite you to join this highly anticipated event, where we will explore various facets of GST law, sharing expertise and practical solutions to real-world issues.

The intensive study circle is designed for maximum interaction wherein, a participant member can opt for or an expert speaker acts as a group leader and leads the discussion on the latest issues arising out of the assigned topic and some of the top eminent faculty and senior in the profession acts as a monitor and guide through out the duration of the session. The meetings will be generally arranged on 1st, 3rd or 5th Friday of the month, during 04.30 p.m. to 7.00 p.m. on virtual mode. There are around 15 meetings in the Intensive Study Circle.

The inaugural meeting of the Intensive Study Circle shall be held on Wednesday, 04-09-2024 between 04.30 p.m. to 7.00 p.m. Virtual mode on the subject “ISD (Input Service Distribution) vs CC (Cross Charge). ISD Mechanism made compulsory from 1 Apr 2025 under GST – Indepth Analysis”. The topic will be lead by Adv. Monarch Bhatt under the Chairmanship of CA Vikram Mehta. Please note all other sessions will be carried out on virtual platform. The Intensive Study Circle Meeting Fee is fixed at Rs. 1,650/- including GST for Members and 1850/- including GST for Non members. You are requested to enroll at the earliest to avoid disappointment. Kindly use photocopy of the Enrolment form printed here in below. Also write your email address and mobile number for better communication.

Member interested to act as group leader should inform by filling up the option in the Form of “I wish to be a group leader for the subject” and are requested to contact the Convenor/s on Cell No. 98211 21433 /9224386682/9821441740/9892512345

Note:
1. GST lectures will be in form of group discussion, which will be helpful to study the new law.
2. If the materials are received 3 days earlier to the date of meeting, the same will be circulated through mails to the participants.
3. Participants are requested to discuss only the points related to the particular topic of the meeting and to come prepared for the subject, which will be helpful for the discussion.

Mahesh Madkholkar President

Deepak Thakkar Chairman

Dilip Nathani Convenor 9821121433

Hiral Shah 9224386682

Sanjay Gajra Jt. Convenors 9821441740

Sujoy Mehta 9892512345

 

 

 

 ENROLMENT FORM FOR INTENSIVE STUDY CIRCLE MEETINGS FOR THE YEAR 2024- 25

 

To,
Convener,
Intensive Study Course
The GSTPAM, Mazgaon, Mumbai – 400 010.

Dear Sir,
Please enroll me as a participant for the Intensive Study Course for the year 2023-24. The Registration fees of Rs. 1,650/- (for members) and Rs. 1,850/- (for non-members) 18% Including GST is enclosed herewith by Cash/DD/Cheque No.______________________ dated ______________________ drawn on ______________________

Particulars of Member/Participant

Signature: ______________________

CIRCULAR FOR 3rd BATCH OF GST IN MARATHI COACHING CLASS FOR THE YEAR 2024-25

Dear Members,

We are happy to announce that “3rd Batch of GST In Marathi Coaching Classes” will commence on 11th November 2024 in Hybrid mode.

Details of Coaching Class are as under

Virtual : Zoom Platform

Enrollment Fee : Rs.1250/-(Incl GST) for all participants

Salient Features of the Coaching Class:

1. The object of the Coaching Class is to train and groom the new entrants or would beentrants in Indirect Taxes Practice particularly in GST in Marathi Language in a very professional manner. Our well-known seniors not only teach what is written in the books but also share theessence of their professional experience which they have gained over the years. Thiscan be of enormous help and use to the new entrants. Here, students not only get knowledge but also wisdom by interacting with the seniors.

2. Our expert faculties will provide notes on the respective topics.

3. It has been now more than 7 years of implementation of GST, the classes will help the member and students to solve their doubt.

4. The classes would be conducted, having “Twenty” Coaching Sessions. Also, the participants would be given case studies for the practical experience. The “Coaching Class” of our Association is one of the best places where the subject of GST In Marathi can be learnt in a very professional manner. Our Coaching Classes are so popular that apart from new entrants, many members who are not new, but whose craving for perpetual learning is very strong, enroll every year. You are, therefore, requested to enroll yourself or send your juniors and/or staff members without fail and enroll them at the earliest to avoid disappointment.

The enrollment form can be obtained from the Mazgaon Library or can be downloaded from GSTPAM’s website at

 

www.gstpam.org

Thanking you,

Yours faithfully,

 

CA Mahesh Madkholkar President

Adv. Dinesh Tambde Chairman

Shri. Hemant Walkar Convenor

 

Shri. Anil Chavan, Adv. Nikhil Deshmukh & CA Jayanti Kulkarni

Joint Convenors

  

For further details, please visit www.gstpam.org or contact:

Mr. Dinesh Tambde, Chairman(Mob.No.9320476808)

Mr. Hemant Walkar, Convenor(Mob.No.9422632686)

Mr. Anil Chavan, Jt.Convenor(Mob.No.9890487399)

Mr. Nikhil Deshmukh, Jt. Convenor (Mob. No. 8411818130)

Mrs. Jayanti Kulkarni, Jt. Convenor (Mob. No. 9422381402)

 

THE GOODS & SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA ENROLMENT FORM FOR

3rd BATCH OF BEGINNERS’ CERTIFICATION COURSE GST IN MARATHI COACHING CLASSES

Virtual : – Zoom Platform

Enrolment Fee : Rs.1,250/-(Inclusive18%GST) for all participants.

Date : Monday, 11th November,2024 onwards

 

Name of the participant

…………………………………………………………………………………………………..

GSTPAM Membership Number……………………..

GSTTIN of Member……………………………………

Professional/Student……………………….

Address

……………………………………………………………………………………………………..

……………………….Telephone:(O)………………..……………..®………………………..

E-mail ……………………….………………………… Mobile No .……………………….…………………………

Amount: Rs. ……………………………………. Cheque No. ………………………… Bank……………………………………………… Branch ……..…………………..

Dated………………………

Participant Details:

E-mail …………………………………………… Mobile No.…………………………

WhatsApp No. …………………………………….

Signature …………………….

Note :-

• Please issue the Cheque in favour of ‘’The Goods & Services Tax Practitioners‟ Association of Maharashtra” (FULL NAME IS REQUIRED TO BE STATED ON THE CHEQUE AS PER RBI DIRECTION).

• For NEFT payment – Bank of India, Mazgaon- Account No. 007020100001816, IFSC – BKID0000070. Acknowledgement generated through online transaction should be emailed on along with Enrolment Form and payment details.

• Online Payment Link: https://www.gstpam.org/online/event-registration.php

• Outstation members are requested to make payment online payment.

• The enrollment form along with payment proof should be submitted at Room No. 104, GST Bhavan, Mazgaon, Mumbai – 400010.

• Kindly carry the receipt of payment to attend the Lecture.

 

The Goods and Services Tax Practitioners’ Association of Maharashtra

(Formerly known as the Sales Tax Practitioners’ Association of Maharashtra)

CIRCULAR FOR 2nd BATCH OF BEGINNERS’ CERTIFICATION COURSE ON GST IN ગુજરાતી FOR THE YEAR 2024-25 દ્વિતીય વર્ષનાં પ્રગતી પથે

Dear Members,

We are happy to announce that “2nd Batch of Beginners’ Certification Course on GSTi n ગુજરાતી language” will commence on 18th of November 2024 in Virtual mode.

Details of Coaching Class are as under

Virtual : Zoom Platform

Enrollment Fee : Rs.1,240/- (Inclusive GST) for all participants

Salient Features of the Coaching Class

1. The object of the Coaching Class is to train and groom the new entrants or would be entrants in GST in Gujarati Language. Our well known seniors not only teach what is written in the books but also share the essence of their professional experience which they have gained over the years. This can be of enormous help and use to the new entrants. Here, students not only get knowledge but also wisdom by interacting with the seniors.

   તમામ સત્રો તમામ સંબંધિત વિષયોનું આવરી લેતા ગુજરાતી ભાષામાં હશે. સત્રો અનુભવી પ્રેક્ટિશનરો દ્વારા હાથ ધરવામાં આવશે. અહી, વિદ્યાર્થીઓ સિનિયર્સ સાથે વાતચીત કરીને માત્ર જ્ઞાન જ નહીં પરંતુ સમજ પણ મેળવે છે.

2. Our expert and experienced faculties will cover all important aspects of the respective topics with guidance on legal and practical aspects.

   અમારા નિષ્ણાત અને અનુભવી શિક્ષકો સંબંધિત વિષયોના તમામ મહત્વપૂર્ણ પાસાઓને આવરી લેશે, જેમાં કાનૂની અને વ્યવહારુ પાસાઓ પર માર્ગદર્શન આપવામાં આવશે. 

3. With more than 7 years of GST implementation, the classes will help the participants to solve their doubts and understand the nuances of the law.

   GST અમલીકરણના 7 વર્ષથી વધુ સમય સાથે, વર્ગો સહભાગીઓને તેમની શંકાઓ દૂર કરવામાં અને કાયદાના સૂક્ષ્મ ભેદ સમજવામાં મદદ કરશે. 

4. The classes would be conducted, having “Twenty Five” Coaching Sessions of one and a half hour each. Also, the participants would be given case studies for the practical experience.

          આયોજીત વર્ગોમા પ્રત્યેક દોઢ કલાકના “પચીસ” કોચિંગ સત્રો સાથે યોજાશે. ઉપરાંત, સહભાગીઓને વ્યવહારુ અનુભવ માટે કેસ સ્ટડી આપવામાં આવશે.

The “Coaching Class” of our Association is one of the best places where the subject of GST can be learnt in Gujarati language. This being the second year, we are excited to have the participants onboard and have interaction in native language. You are, therefore, requested to enroll yourself or send your juniors and/or staff members without fail and enroll them at the earliest to avoid disappointment.

The enrollment form can be obtained from the Mazgaon Library or can be downloaded from GSTPAM’s website at www.gstpam.org

Thanking you,

 

Yours faithfully,

CA Mahesh Madkholkar President

Adv. Parth Badheka Chairman

Adv Monarch Bhatt Convenor

 

Adv Kinchit Shah & CA Ashish Ruparelia

Joint Convenors

 

 

ઍડ. પાર્થ બધેકા,  Chairman (9819081103)

ઍડ. મોનાક ભટ્ટ,  Convenor (9930401601)

ઍડ. કિંચિત શાહ,  Jt. Convenor (9820634356)

સીએ આશિષ રૂપારેલીયા,  Jt. Convenor (9819977617)

 

THE GOODS & SERVICES TAX PRACTITIONERS’ ASSOCIATION OF MAHARASHTRA ENROLMENT FORM FOR

2nd BATCH OF BEGINNERS’ CERTIFICATION COURSE ON GST IN GUJRATI COACHING CLASSES

 

Virtual : – Zoom Platform

Enrolment Fee : Rs.1,240/-(Inclusive18%GST) for all participants.

Date : Monday, 18th November,2024 onwards

 

Name of the participant

…………………………………………………………………………………………………..

GSTPAM Membership Number……………………..

GSTTIN of Member……………………………………

Professional/Student………………………. Address

……………………………………………………………………………………………………..

……………………….Telephone:(O)………………..……………..®………………………..

E-mail ……………………….………………………… Mobile No.

……………………….…………………………

Amount: Rs. ……………………………………. Cheque No. ………………………… Bank……………………………………………… Branch ……..…………………..

Dated………………………

Participant Details:

E-mail …………………………………………… Mobile No.………………………… WhatsApp No. …………………………………….

Signature …………………….

Note :-

• Please issue the Cheque in favour of ’’The Goods &Services Tax Practitioners‟ Association of Maharashtra” (FULL NAME IS REQUIRED TO BE STATED ON THE CHEQUE AS PER RBI DIRECTION).

• For NEFT payment – Bank of India, Mazgaon- Account No. 007020100001816, IFSC – BKID0000070. Acknowledgement generated through online transaction should be emailed on along with Enrolment Form and payment details.

• Online Payment Link: https://www.gstpam.org/online/event-registration.php

• Outstation members are requested to make payment online payment.

• The enrollment form along with payment proof should be submitted at Room No. 104, GST Bhavan, Mazgaon, Mumbai – 400010.

• Kindly carry the receipt of payment to attend the Lecture.

 

CIRCULAR FOR 49th RRC AT GOA 2024-25

49th RESIDENTIAL REFRESHER COURSE

Hotel Park Regis, At Goa

Thursday 6th March,2025 to Sunday 9th March,2025

The Residential Refresher Course Committee is pleased to announce its 49th Residential Refresher Course (RRC) on GST at Goa, the Jewel of Natural Beauty in the Western India. Goa known for its Beautiful Beaches, Green hinterlands, the Western Ghats as well as wild life sanctuaries and rivers.

The object of RRC is to share the essence of professional experience and expertise of the faculties they have gained over the years and where members can study in afresh atmosphere and rejuvenate.

We wish the Susegad stay in Goa, means quiet, peaceful, joyous stay to all our delegates. The Susegad is feeling the satisfaction of sitting back and enjoying a relaxed laid-back attitude towards life.

Dates: Thursday 6th March, 2025 to Sunday 9th March, 2025.

Venue: Park Regis, Goa, Village Arpora, Tal. Bardez, North Goa – 403516

The RRC includes 3 Nights – 4 Days accommodation on double occupancy basis and the course material. The Package will start from Lunch on 6th March, 2025 and end with breakfast on 9th March, 2025. The Topics, enrollment Fees are as follows :

 

 

1 st Technical Session	GST Intricacies in Infrastructure and construction contracts	Paper Writer	Chairman
Paper I	Definitions, Important concepts with various nature of contracts and Time of Supply.	CA Manish Gadia	CA Deepak Thakkar.
Paper II	Operational difficulties and ensuring free flow of input tax credit.	CA Aditya Seema Pradeep.	CA Mayur Parekh.
Paper III	Retention money and related issues , E-invoice, Revision of bills, E way Bill and GST TDS issues.	Adv. Shripad Bedarkar.	Adv. Milind Bhonde

 

2 nd Technical Session	Penalties – Before, During and After Assessment proceedings under GST	Paper Writer	Chairman
Paper I	“Mens-rea”, Precaution before the levy and initiation of penalty, Power of officer on quantum of Penalty.	CA Vishal Poddar	Adv. Nikita Badheka
Paper II	Penalty proceedings and burden to prove “mens-rea”. Penalty under which sections Whether S.74 or S. 75 or S.122 or S.123 or S. 125 ???	CA Chaitanya Vaidya	Adv. C. B. Thakar
Paper III	Defending the penalty proceedings especially in light of provisions of S. 126 and 128 of the GST Law.	CA Girish Kulkarni	Adv. Deepak Bapat

 

3 rd Technical Session	Brains’ Trust Session	Trustees	Chairman
	Brains’ Queries from participants (received in advance before 31st, January 2025)	CA Ashit Shah, Adv. Dinesh Tambde, CA Pranav Kapadia, CA Rajat Talati. CA Janak Vaghani, CA Roopa Gami	Adv. Vinayak Patkar.

 

Sr.no	Enrollment Fees	Amount	GST18%	Total
DELEGATE FEES FOR MEMBERS
1	Fees Paid on or Be fore 18/11/2024	Rs.20,000/-	Rs.3,600/-	Rs.23,600/-
2	Fees Paid After 18/11/2024	Rs.22,500/-	Rs.4,050/-	Rs.26,550/-
3	Child rates (With Extra Bed) *Age 6-12 years Sharing room with parents	Rs.12,500/-	Rs.2,250/-	Rs.14,750/-
DELEGATE FEES FOR NON–MEMBERS
4	Fees Paid on or Be fore 18/11/2024	Rs.22,500/-	Rs.4,050/-	Rs.26,550/-
5	Fees Paid After 18/11/2024	Rs.25,000/-	Rs.4,500/-	Rs.29,500/-
6	Child rates (With Extra Bed) *Age 6-12 years Sharing room with parents	Rs.12,500/-	Rs.2,250/-	Rs.14,750/-

Notes:-

1. In case of cancellation, the refund will be at the discretion of the RRC Committee, the same shall be refunded after completion of event.

2. Hotel Check-in Time is 03.00 PM, and Check out Time is 11.00 AM. Early Check-In and Late Checkout will be subject to availability.

3. Delegates joining late or leaving early in RRC should inform the Convenor / Office Bearers well in advance.

4. All delegates are requested to carry their AADHAR, Driving License, Election Card, and Passport for Photo & Address identification (Any Two) for Train or Air Travel. In addition, members are requested to send a Xerox copy of his/her photo ID with address proof along with Enrollment Form.

5. Delegates are advised to carry their medical kit with them.

6. Room Service and items other than provided for in the Hotel package will have to be paid Directly in Cash separately by the Delegates to the hotel.

7. Tea/Coffee makers are placed for consumption in all the rooms.

8. Delegates are strictly requested to deposit room keys at the reception counter on leaving.

9. Members are requested to keep their Identity Cards Compulsory during all Sightseeing programs.

10. Allotment of Room shall be at the sole discretion of the RRC Committee only. Any changes required in the program will be at the sole discretion of the RRC Committee.

11. Members who enroll for RRC have to renew their Membership for the year 2024-25 before registering for the event; otherwise, they will be treated as Non-Member.

We Wish You All a Good Time in Study at RRC

The Goods & Services Tax Practitioners’ Association of Maharashtra

Mahesh Madkholkar President 9820075966

Sachin Gandhi Chairman 9821482020

Sunil Joshi Convenor 9821540031

Ashwin Shivnani Jt. Convenors 9819897488

Kinchit Shah Jt. Convenors 9820634356

Suggested Train Details from Mumbai to Goa on 6th March 2025.

From	To	Train Number	NAME	Departure Time	Arrival Time
CSMT	Thivim	22229	MAO Vande Bharat	05.25 am	12.16 pm
CSMT	Thivim	12051	MAO Janshatabdi	05.10 am	13.20 pm

Early check in will be subject to room availability.

Train Details from Goa to Mumbai on 9th March 2025. 

From	To	Train Number	NAME	Departure Time	Arrival Time
Madgoan	CSMT	22230	MAO Vande Bharat	14.40 pm	22.25 pm
Madgoan	CSMT	12052	MAO Janshatabdi	15.05 pm	23.55 pm
Madgoan	CSMT	22120	CSMT Tejas	15.35 pm	00.20 am
Madgoan	LTT	11100	Madgaon LTT Exp	12.30 pm	23.35 pm
Madgoan	CSMT	10101	Mandovi Exp	09.15 am	21.45 pm

Suggested Flight Details from Mumbai to MOPA (Goa) 6th March, 2025.

From	To	Flight Number	Airline Name	Departure Time	Arrival Time
Mumbai	Manohar International Goa North (MOPA)	AI 685	Air India	05.10 am	06.20 am
Mumbai	MOPA	AI 2587	Air India	07.05 am	08.20 am
Mumbai	MOPA	6E 5284	IndiGo	07.35 am	08.45 am
Mumbai	MOPA	6E 2138	IndiGo	08.55 am	10.05 am
Mumbai	Goa-Dabolin	AI 2841	Air India	11.25 am	12.45 pm
Mumbai	Goa-Dabolin	AI 663	Air India	13.25 pm	14.45 pm
Mumbai	Goa-North	QP 1380	Akasa Air	13.45 pm	15.05 pm

 Suggested Flight Details from Goa to Mumbai on 9th March, 2025.

From	To	Flight Number	Airline Name	Departure Time	Arrival Time
Manohar International Goa North (MOPA)	Mumbai	6E 585	IndiGo	09.15 am	10.40 am
MOPA	Mumbai	6E 2133	IndiGo	10.35 am	12.00 pm
MOPA	Mumbai	QP 1371	Akasa Air	11.10 am	12.25 pm
MOPA	Mumbai	AI 2514	Air India	13.05 pm	14.25 am
Goa-Dabolin	Mumbai	6E 6097	IndiGo	13.05 pm	14.30 pm
Goa-Dabolin	Mumbai	AI 2842	Air India	13.20 pm	14.45 pm
Goa-Dabolin	Mumbai	IX 1679	Air India Express	14.00 pm	15.15 pm

 

Important Note: Due to Local Taxi Operators’ issue the availability of pick up and drop facility to Hotel Park Regis will be confirmed later.

 

ENROLMENT FORM for 49th RESIDENTIAL REFRESHER COURSE At

Hotel Park Regis, Goa

Thursday 6th March, 2025 to Sunday 9th March, 2025.

 

To

The Convenor,

Residential Refresher Course Committee,

The Goods & Services Tax Practitioners’ Association of Maharashtra,

8 & 9, Mazgaon Tower, 21, Mhatar Pakhadi Road,

Mazgaon, Mumbai – 400 010

 

Dear Sir, 

Kindly enroll me / us as the delegate(s) for the 49th RRC to be held at Hotel Park Regis, Goa between Thursday 6th March 2025 to Sunday 9th March 2025.

*Name …………………………………………………………………………………………………..…………………………….. ( Age:………….yrs.)

*Address ……………………………………………………………………………………………………..…………………………………………

……………………………………………………………………………………………………..…………………………………………………………

*GSTTIN ………………………………………………………………………………………………………………………………………………………

*GSTPAM Membership Number……………………..……………..……………..……………..……………..……………..……………..…

*Telephone:(O)………………..……………..®………………………..……………..……………..……………..……………..……………..…

*E-mail ……………………….…………………………………………….…………………………………………….……………………………………

*Mobile No .……………………….………………………………………….………………………………………….……………………………………

*Food Preference                            Veg        Non-Veg

*Whethere Jain food is required       Yes         No

*If Joining with family, please fill in the following details:

……………………………………………………………………………………………………..

(1) Name of Spouse:………………………………………………………………………………………… ( Age:………….yrs.)

(2) Name of Child / Children: (i) ………………………………………………………………………… ( Age:………….yrs.)

(3) ……………………………………………………………………………….. ( Age:………….yrs.)

Telephone:(O)………………..……………..®………………………..

*My preference of Room Partner (in case of not accompained by a family members)

……………………………………………………………………………………………………..

(Signature)

 

 

Note :-

Delegate Fees:

The fees include 3 Nights – 4 Days accommodation with the course material. The enrollment Fees are as under:

Sr.no	Enrollment Fees	Amount	GST18%	Total
DELEGATE FEES FOR MEMBERS
1	Fees Paid on or Be fore 18/11/2024	Rs.20,000/-	Rs.3,600/-	Rs.23,600/-
2	Fees Paid After 18/11/2024	Rs.22,500/-	Rs.4,050/-	Rs.26,550/-
3	Child rates (With Extra Bed) *Age 6-12 years Sharing room with parents	Rs.12,500/-	Rs.2,250/-	Rs.14,750/-
DELEGATE FEES FOR NON–MEMBERS
1	Fees Paid on or Be fore 18/11/2024	Rs.22,500/-	Rs.4,050/-	Rs.26,550/-
2	Fees Paid After 18/11/2024	Rs.25,000/-	Rs.4,500/-	Rs.29,500/-
3	Child rates (With Extra Bed) *Age 6-12 years Sharing room with parents	Rs.12,500/-	Rs.2,250/-	Rs.14,750/-

Member means a member of The Goods and Services Tax Practitioners’ Association of Maharashtra along with his/her Spouse and Children only. A member who enrolls for RRC has to renew the Membership for 2024- 2025 before enrolling for the event.

Details of Payment

Cheque/ D.D.No……..………………… Bank……………………..…………………………..……. Branch…………….……… Dated……………………… NEFT details ….………………………………….

Bank details of GSTPAM are as under:

Bank:- Bank of India

Name:- The Goods & Services Tax Practitioners’ Association of Maharashtra Branch:- Mazgaon, Mumbai

A/c No. :- 007020100001816 – Current A/c

IFSC Code :- BKID0000070

 

Notes:-

1. Acknowledgment generated through online transactions should be emailed to [email protected] along with Enrollment Form and payment details.

2. Online Payment Link: https://www.gstpam.org/online/event-registration.php

3. Please issue the Cheque in favour of ‘‘The Goods & Services Tax Practitioners’ Association of Maharashtra’’ (FULL NAME IS REQUIRED TO BE STATED ON THE CHEQUE AS PER RBI DIRECTION).

4. Please tick/fill in the appropriate boxes.

5. All delegates are requested to attach a xerox copy of his / her photo ID with addressproof.

6. Booking for RRC will be accepted and confirmed only on payment of full delegate fees.

7. Please attach your Travels details with the enrollment form and email to [email protected]

 

GST, MVAT & ALLIED LAW UPDATES 

 

Compiled by 

Adv. Pravin Shinde

Notification under Central Tax
Notification No.	Date of Issue	Subject
17/2024-Central Tax	27/09/2024	Seeks to notify the provisions of Finance (No. 2) Act, 2024
18/2024-Central Tax	30/09/2024	Seeks to notify Principal Bench of GST Appellate Tribunal to hear cases of anti-profiteering
19/2024-Central Tax	30/09/2024	Notification under Section 171 of CGST Act to provide for the sunset date.
20/2024-Central Tax	08/10/2024	Seeks to make amendments (Second Amendment 2024) to the CGST Rules, 2017
21/2024-Central Tax	08/10/2024	Seeks to notify date under sub-section (1) of Section 128A of CGST Act.
22/2024-Central Tax	08/10/2024	Seeks to notify the special procedure under section 148 of the CGST Act for rectification of demand orders issued for contravention of section 16(4) of the said Act.
23/2024-Central Tax	08/10/2024	Seeks to provide waiver of late fee for late filing of NIL FORM GSTR-7
24/2024-Central Tax	08/10/2024	Seeks to amend Notification No. 5/2017-Central Tax dated 19.06.2017
25/2024-Central Tax	08/10/2024	Seeks to amend Notification No. 50/2018-Central Tax dated 13.09.2018

 

Notification under Central Tax (Rate)
Notification No.	Date of Issue	Subject
05/2024-Central Tax (Rate)	08/10/2024	Seeks to amend Notification No. 1/2017- Central Tax (Rate) dated 28.06.2017.
06/2024-Central Tax (Rate)	08/10/2024	Seeks to amend Notification No. 4/2017- Central Tax (Rate) dated 28.06.2017.
07/2024-Central Tax (Rate)	08/10/2024	Seeks to amend Notification No 11/2017-Central Tax (Rate) dated 28.06.2017
08/2024-Central Tax (Rate)	08/10/2024	Seeks to amend Notification No 12/2017-Central Tax (Rate) dated 28.06.2017
Corrigendum	22/10/2024	To read any immovable property for any property, as mentioned in Notification No. 09/2024-CT®
09/2024-Central Tax (Rate)	08/10/2024	Seeks to amend Notification No 13/2017-Central Tax (Rate) dated 28.06.2017

 

Notification under Integrated Tax
Notification No.	Date of Issue	Subject
05/2024- Integrated Tax	08/10/2024	Seeks to amend Notification No. 1/2017- Integrated Tax (Rate) dated 28.06.2017.
06/2024- Integrated Tax	08/10/2024	Seeks to amend Notification No. 4/2017- Integrated Tax (Rate) dated 28.06.2017.
07/2024- Integrated Tax	08/10/2024	Seeks to amend Notification No.8/2017-Integrated Tax (Rate) dated 28.06.2017
08/2024- Integrated Tax	08/10/2024	Seeks to amend Notification No.9/2017-Integrated Tax (Rate) dated 28.06.2017
Corrigendum	22/10/2024	To read “any immovable property” for “any property”, as mentioned in Notification No. 09/2024-IT®
09/2024- Integrated Tax	08/10/2024	Seeks to amend Notification No.10/2017-Integrated Tax (Rate) dated 28.06.2017

 

Notification under Union Territory Tax (Rate)
Notification No.	Date of Issue	Subject
05/2024-Union territory Tax (Rate)	08/10/2024	Seeks to amend Notification No. 1/2017- Union Territory Tax (Rate) dated 28.06.2017.
06/2024-Union territory Tax (Rate)	08/10/2024	Seeks to amend Notification No. 4/2017- Union Territory Tax (Rate) dated 28.06.2017.
07/2024-Union territory Tax (Rate)	08/10/2024	Seeks to amend Notification No.11/2017-Union Territory Tax (Rate) dated 28.06.2017
08/2024-Union territory Tax (Rate)	08/10/2024	Seeks to amend Notification No.12/2017-Union Territory Tax (Rate) dated 28.06.2017
Corrigendum	22.10.2024	To read “any immovable property” for “any property”, as mentioned in Notification No. 09/2024-UT®
09/2024-Union territory Tax (Rate)	08/10/2024	Seeks to amend Notification No.13/2017-Union Territory Tax (Rate) dated 28.06.2017

 

Circular under CGST Act
Notification No.	Date of Issue	Subject
230/24/2024-GST	11/09/2024	Clarification in respect of advertising services provided to foreign clients.
231/24/2024-GST	11/09/2024	Clarification on availability of input tax credit in respect of demo vehicles.

 

Circular under CGST Act
Notification No.	Date of Issue	Subject
232/24/2024-GST	11/09/2024	Clarification on place of supply of data hosting services provided by service providers located in India to cloud computing service providers located outside India.
233/24/2024-GST	11/09/2024	Clarification regarding regularization of refund of IGST availed in contravention of rule 96(10) of CGST Rules, 2017, in cases where the exporters had imported certain inputs without payment of integrated taxes and compensation cess.
234/24/2024-GST	11/10/2024	Clarifications regarding applicability of GST on certain services
235/24/2024-GST	11/10/2024	Clarification regarding GST rates & classification (goods) based on the recommendations of the GST Council in its 54th meeting held on 9 th September 2024 at New Delhi
236/24/2024-GST	11/10/2024	Clarification regarding the scope of “as is as is, where is basis” mentioned in the GST Circulars issued on the basis of recommendation of the GST Council in its meetings
Corrigendum	25/10/2024	Corrigendum to Circular No. 237/31/2024-GST dated 15th October, 2024
237/24/2024-GST	15.10.2024	Clarifying the issues regarding implementation of provisions of sub- section (5) and sub-section (6) in section 16 of CGST Act,2017.
238/24/2024-GST	15.10.2024	Clarification of various doubts related to Section 128A of the CGST Act, 2017.

  

Instruction / Guidelines
Notification No.	Date of Issue	Subject
Instruction No. 04/2024- GST	04/10/2024	Systemic improvement with respect to mapping / de-mapping of the officers on the GSTN portal- regarding

An apology without change is just manipulation.

 

GIST OF TRIBUNAL JUDGEMENTS (VAT)

 

Compiled by 

CA Rupa Gami

 

1. M/s Apraava Renewable Energy Pvt. Ltd. in Vat S.A. Nos. 410 to 411 of 2023 decided on 21/06/2024

   Set off claim was disallowed in assessment by considering the purchases as being from outside the State without proper verification of the transport receipts. The First Appellate authority upheld the Assessment Order and disallowed the set off claim for want of tax invoices although the sample copies of tax invoices were produced. The Revenue submitted that the first appellate authority had not given sufficient reason for disallowing the appeals and therefore the appellant be granted one more opportunity of hearing. The Hon’ble Tribunal set aside the appeal order and the matter was remanded.

   (Petitioner represented by Adv. Ekta Joshi) 

2. M/s Suzlon Gujarat Wind Park Ltd. in Vat S.A. No. 258 of 2022 decided on 24/06/0224

   Composition tax of 8% was levied on service tax component which was charged separately in the invoice. The judgement in the case of Sujata Painters (Vat Appeal No. 18 of 2013) was relied upon as also the Trade Circular No. 6T of 2015 dated 14/05/2015 issued by the Commissioner of State tax whereby the benefit of M/s Sujata Painters was extended to period prior to 01/04/2015. The decision of Hon’ble MSTT in the case of Technocraft Engineers (Vat SA No. 237 of 2014 decided on 03/11/2015 was relied upon where the Hon’ble MSTT has held that service tax collected separately by the appellants is not includible in the contract value for composition money at 8%. Later in the case of Benchmark Engineering Pvt. Ltd. (Vat Appeal No. 384 of 2017 dated 27/02/2018, Honble MSTT has set aside the levy of Vat on Service Tax collected separately under composition mode and the Reference Application filed by the Department against the said judgement has not been entertained by the Hon’ble Bombay High Court. The Hon’ble Tribunal thus held that although the appeal is said to be pending before the Bombay High Court in the case of Technocraft Engineers, however, there is no stay to the effect of the said decision and these decisions have a precedential value and are binding on the Tribunal. Also, the service tax cannot form a part of sale price under section 2(25) of the MVAT Act. The appeal was allowed in favour of the appellant.

   (Petitioner represented by CA V.H.Shroff)

3. M/s HCL Infosystems Ltd. in Vat S.A. No. 457 and 458 of 2022 decided on 24/06/2024

   MVAT Refund was adjusted against the CST demand. CST demand was raised due to disallowance of Branch Transfers for want of F Forms in original. It was contended by the appellant that some original forms were submitted before the appellate authority along with duplicate forms for the original forms which were already submitted before the assessing authority. However, the first appellate authority rejected the claim of Branch transfer as the appellant could not establish that he had produced the original copies to the assessing officer. The appellant was following up for reissuance of Forms and was able to collate some original F Forms which were

   submitted to the first appellate authority. It was also contended that the Forms could be submitted at the appellate stage as per the Trade Circular 15T of 2014 as amended by Trade Circular No. 1T of 2015 and Trade Circular No. 11T of 2017 dated 20.04.2017. It was contended that no interest be levied as there would be no tax demand after considering the above facts. There would be a refund under CST on proper working of liability. The Supreme Court judgement in the case of Pratibha Processors vs Union of India [1996(88) ELT 12(SC)] was referred where the Court held that “The ‘Interest’ payable under Section 61(1)(2) of the Act is a mere ‘accessory’ of the principal and if the principal is not recoverable / payable, so is the interest on it.” Reference was drawn to the judgement in the case of Jalpac India Ltd. [(2009) 26 VST 168 (All)] where the Court held that no interest can be charged on demand created out of failure to file statutory forms. Since the first appellate authority did not give proper reasons for disallowing the appeal, the Hon’ble Tribunal set aside the appeal order remanded the matter to the first appellate authority to recalculate the liability as per law.

   (Petitioner represented by Adv. Parth Parikh)

4. M/s Girish Enterprises in M.A. No. 117 of 2024 decided on 25/06/2024

   Delay in filing of appeal by 484 days. The first appeal order was received by email. Restoration Application was filed which was pending. The same was withdrawn and the current appeal was filed resulting in a delay of 484 days. The appellant submitted that the delay was not intentional and relied on the judgement in the case of M/s Rajendra Industries Ltd. (M.A. No. 114 to 117 in S.A. Nos. 321 to 324 of 2011 dated 12.12.2012 where the Tribunal had condoned the delay as the appellant was pursuing alternate remedy. The appellant also relied on the supreme Court judgement in the case of M/s. M.S.T. Katiji reported in 66 STC 228 (SC) in which the Supreme Court has observed to consider the delay condonation liberally so as to serve the cause of justice. The Hon’ble Tribunal held that the appellant should have taken the steps at the time of receipt of email and that since the delay was inordinate and the appellant was negligent and not serious in pursuing the matter, heavy costs be saddled and on payment of cost, the Registrar to proceed with filing of second appeal as per law.

   (Petitioner represented by Adv. C.B. Thakar)

5. M/s Seva Automotive Pvt. Ltd. in Vat S.A. Nos. 396 and 397 of 2018 decided on 25/06/2024

   First appeal order was passed confirming the levy of VAT on deemed warranty sales/ replacement. The appellant contended that the transaction of replacement of defective parts on behalf of principal is not a transaction of sale between two parties. It is a transaction on behalf of manufacturer of vehicle to replace defective part and does not have any intention of sale of parts to the vehicle owner. The transaction does not involve any value addition or profit to the company. Considering the judgment in the case of Tata Motors reported in (2023) 114 GSTR 80(SC) where the court has held that “a credit note issued by a manufacturer to the dealer, is a valuable consideration within the meaning of the definition of sale and hence exigible to sales tax under the respective State enactments of the States under consideration”, the Tribunal held that the transaction between the manufacturer and the dealer while acting pursuant to a warranty has to be considered as a sale within the meaning and definition of ‘sale’. Vat Appeal not allowed.

   (Petitoner represented by Adv. N.V. Tapare)

 

 

INCOME TAX UPDATES

Compiled by 

By. Adv. Ajay Talreja

 

Bhavna Lalit Jain Vs ITO (ITAT Mumbai)

LTCG exemption cannot be denied for mere suspicion without concrete evidence

 

In a recent ruling, the Income Tax Appellate Tribunal (ITAT) in Mumbai reversed the additions made by the Assessing Officer (AO) concerning long-term capital gains claimed by Mrs. Bhavna Lalit Jain for the assessment year 2014-15. The case stemmed from a reassessment order issued by the AO, which disallowed a capital gain of Rs.22,404,695 derived from the sale of shares in Surabhi Chemicals and Investments Ltd, later renamed Super Space Infrastructure Ltd.

The background of the case involves Mrs. Jain, who filed her income tax return showing total earnings of Rs. 2,056,540. However, the AO flagged her reported capital gains, asserting they were derived from transactions involving penny stocks. This led to the reopening of her assessment under Section 147 of the Income Tax Act, based on intelligence reports suggesting manipulation and bogus entries related to such stocks.

The AO’s reassessment concluded that Mrs. Jain’s reported long-term capital gains were not genuine, classifying them under Section 68 of the Income Tax Act, which deals with unexplained credits. Following this, the AO added the entire sale consideration to her taxable income, effectively dismissing her claim for exemption under Section 10(38), which typically allows for exemptions on long-term capital gains from the sale of listed securities.

In the ITAT hearing, Mrs. Jain’s representative clarified that the reopening of the assessment was not contested but focused on challenging the AO’s additions. Mrs. Jain’s claims were backed by substantial documentation, including purchase invoices, bank statements, and transaction records, all evidencing the legitimacy of her share purchases and sales.

The tribunal examined the evidence provided by Mrs. Jain, including her purchase of 400,000 shares on March 26, 2012, for Rs.100,000 at Rs.250 per share. The shares were acquired from Sarvottam Advisory Pvt. Ltd. and subsequently transferred to her Demat account. Throughout the hearing, Mrs. Jain’s counsel argued that the transactions were bona fide investments made in accordance with market regulations.

The AO had initially relied on reports from the Principal Director of Income Tax (Investigation), which flagged several entities involved in similar penny stock transactions for potentially providing bogus long-term capital gains. The AO argued that the suspicious nature of the stock’s performance, including significant price increases without adequate financial backing, indicated market manipulation.

However, Mrs. Jain’s legal team countered that the company’s shares were listed and traded on the Bombay Stock Exchange and that she had paid the requisite securities transaction tax, supporting her claim of genuine trading activity. They also submitted various documents, including the broker’s contract notes, bank statements reflecting the transaction payouts, and the corporate announcements regarding share splits and bonus issues.

The ITAT noted that the evidence presented was comprehensive and demonstrated the legitimacy of Mrs. Jain’s transactions. The tribunal also referred to past judgments where similar cases involving long-term capital gains had been decided in favor of taxpayers under comparable circumstances. It emphasized that mere suspicion without concrete evidence does not justify the rejection of genuine transactions.

In its ruling, the ITAT stated, “The addition made by the AO under Section 68 was unwarranted given the evidence provided.” The tribunal directed the AO to allow Mrs. Jain’s claim for long-term capital gains exemption under Section 10(38) and to reassess her tax liability accordingly. 

This decision has set a significant precedent, reinforcing the necessity for tax authorities to substantiate claims of fraudulent activity with robust evidence, particularly in cases involving legitimate investment transactions. Tax experts suggest that this ruling may encourage individuals engaged in legitimate trading practices to contest unfounded claims of tax evasion based solely on market manipulations.

The ITAT’s judgment in the case of Bhavna Lalit Jain underscores the importance of fair assessment practices and affirms the rights of taxpayers to defend their claims of legitimate capital gains. The outcome is seen as a crucial victory for Mrs. Jain, providing clarity on the treatment of long-term capital gains derived from legitimate stock market transactions.

As the case highlights the ongoing scrutiny surrounding transactions in penny stocks, it serves as a reminder for investors to maintain thorough documentation of their trading activities to substantiate claims during tax assessments.

Unsecured loans proved to be genuine hence disallowance of interest u/s. 36(1)(iii) deleted

Ardor Overseas Pvt. Ltd. Vs DCIT (ITAT Ahmedabad)

ITAT Ahmedabad held that disallowance of interest u/s. 36(1)(iii) of the Income Tax Act not justified since the amount introduced by way of unsecured loans proved to be genuine. Accordingly, disallowance of interest deleted.

Facts- M/s. Nikshal Properties Pvt. Ltd. (NPPL) had sold land to M/s. Ardor Overseas Pvt. Ltd.(AOPL).In the return of income filed by NPPL, capital gain on account of the said transaction was shown and the same entirely set off against loss incurred on commodity transaction.

During assessment proceedings, NPPL, the assessee, was asked to prove the genuineness of the commodity loss claimed by it, which the assessee contended was bogus. AO treated only the loss incurred on commodity transaction to be bogus and taxed the short term capital gains returned by the assessee, rejecting its explanation of the same being a mere accommodation entry.

AO of AOPL, noted that Rs.44 crores paid by M/s. Ardor Overseas Pvt. Ltd. to M/s. Nikshal Properties Pvt. Ltd. had been routed back to the assessee M/s. Ardor Overseas Pvt. Ltd. through an entity M/s Matrix International, and finding Matrix International to have advanced loan during the year, he treated the loan so advanced to be from unexplained sources and thus added to the income of the assessee in terms of the provisions of Section 68 of the Act.

Conclusion- Held that there is no doubt of the source of money coming into AOPL from M/s Matrix International being genuine. The Ld.CIT(A), we hold, has rightly deleted the addition made u/s 68 of the Act in the hands of AOPL of Rs. 8.5 Crs.

On the aspect of interest disallowance relating to interest paid on unsecured loans from M/s. Matrix International, since the amount introduced by way of unsecured loans from M/s. Matrix International, has been held to be genuine, we have no hesitation in deleting the disallowance of interest made u/s 36(1)(iii) of the Act.

Defective ITR resubmission as belated/revised, where defect is not rectified in prescribed manner

Summary: Under Section 139(9) of the Income Tax Act, 1961, a return of income (ROI) deemed defective must be rectified within 15 days of the assessing officer’s (AO) intimation. Failure to correct the defect within this period, or any extension granted by the AO, renders the return invalid, treated as if it was never filed. In such cases, the taxpayer must submit a new return, classified as a belated return, which is subject to late fees under Section 234F. However, if defects are corrected after the deadline but before the assessment is completed, the AO has discretion to condone the delay, potentially accepting the original return as valid. In certain situations, taxpayers may mistakenly submit a revised return instead of a belated one, which could result in procedural complications. If the AO condones the delay in defect rectification, the originally defective return may still be considered valid, saving the taxpayer from late fees ranging from Rs.1,000 toRs. 5,000. It is crucial for taxpayers to ensure timely compliance and maintain clear communication with tax authorities to avoid penalties.

As per the Section 139(9) of Income Tax Act, 1961, Where the AO considers that the ROI furnished by the assessee is defective, he may intimate the defect to the assessee and give him an opportunity to rectify the defect within a period of fifteen days from the date of such intimation or within such further period which, on an application made in this behalf, the AO may, in his discretion, allow; and if the defect is not rectified within the said period of fifteen days or, as the case may be, the further period so allowed, then, notwithstanding anything contained in any other provision of this Act, the return shall be treated as an invalid return and the provisions of this Act shall apply as if the assessee had failed to furnish the return.

Defective Return: If a return is filed with defects and these defects are not corrected within the prescribed time frame, the return is treated as invalid. This essentially means it is as if the return was never filed.

Filing a New Return: If the return is considered invalid, the taxpayer must file a new return, which would be treated as a belated return. This belated return is subject to different rules and penalties including interest.

Rectification After Deadline: If the defects are rectified after the deadline but before the assessment is completed, the assessing officer may condone the delay. This means that the originally filed return could be considered valid if the defects are fixed within this time frame, even though the correction was made after the initial deadline.

Revised Return Issue: In many cases, taxpayers may inadvertently end up filing a revised return rather than a belated one after the deadline has passed. This could be due to misunderstandings or procedural issues. 

Condonation of Delay: If the assessing officer condones the delay, the originally filed return might be accepted as valid. This can potentially save the taxpayer from additional late fees under Section 234F, which are ₹ 1,000 to ₹ 5,000 depending on the timing and nature of the delay.

In summary, while the rules require a new belated return if the original is invalid, there is some leeway if the defects are corrected after the deadline. If the assessing officer agrees to condone the delay, the original return could be accepted as valid, potentially saving the taxpayer from late fees. It’s always a good idea to keep clear records and communicate with the tax authorities to ensure compliance and address any issues promptly

Reasons for denial of Foreign Tax Credit (FTC) while processing Income Tax Return (ITR) by CPC – A study Summary: The denial of Foreign Tax Credit (FTC) claims by the Central Processing Centre (CPC) during Income Tax Return (ITR) processing often stems from procedural issues and misunderstandings of tax regulations. FTC, which prevents double taxation on global income, allows taxpayers to claim credits for foreign taxes paid. Essential to this process is the timely filing of Form 67, as stipulated by Rule 128 of the Income Tax Rules, which must be submitted before the ITR due date under Section 139(1) of the Income Tax Act. However, delays in filing Form 67 can lead to FTC denial, since the CPC is instructed to process claims based on the timeliness and accuracy of this form. Despite CPC guidelines, several ITAT rulings have challenged this rigidity, emphasizing that the requirement to file Form 67 is directory rather than mandatory. This perspective is supported by various cases where tribunals have ruled that FTC should not be denied solely due to procedural delays, arguing that the Double Taxation Avoidance Agreement (DTAA) provisions should take precedence over rigid rule compliance. High Court decisions have reinforced this view, affirming that FTC claims should be evaluated on the substance rather than procedural formality, advocating for relief in cases where Form 67 is filed late but before the final assessment.

Case Name : Monica Parmanand Mirchandani Vs ITO (ITAT Mumbai)

Appeal Number : ITA No. 1081/Mum/2024 Date of Judgement/Order : 23/09/2024 Related Assessment Year : 2016-17

ITAT Mumbai held that hardship compensation is not a revenue receipt but constitute a capital receipt. Accordingly, AO directed to delete addition made towards the same.

High Income Tax Risk Refund Cases A.Y. 2024-25 disseminated for Investigation wing

Insight Instruction No. 82, issued by the Directorate of Income Tax (Systems), outlines the procedure for investigating high-risk refund cases for Assessment Year 2024-25. Clusters of suspicious Income Tax Returns (ITRs), flagged based on common email IDs and refund claims, are being disseminated to the Principal Directors of Income Tax (Investigation) for verification. The Investigation Wing is tasked with identifying potential false refund claims, often made through organized efforts or by key individuals.

A Standard Operating Procedure (SOP) has been provided to guide officers in verifying the authenticity of claims, with detailed instructions on how to allocate cases, conduct investigations, and report findings. The investigation is expected to be completed within three months, and verification reports must be uploaded through the Insight portal. In cases of technical difficulties, users are advised to contact the Insight helpdesk. The goal is to ensure thorough scrutiny of refund claims to detect any fraudulent activities and verify their legitimacy based on the provided evidence.

Sometimes the things that break your heart end up fixing your vision.

 

SOCIAL STOCK EXCHANGE CONCEPT IN INDIA

 

By Adv. Hemant Gandhi & CA Premal Gandhi 

The Social Stock Exchange segment on NSE provides Social Enterprises (Non-profit organizations (NPOs) and For-profit enterprises (FPEs)) engaged in eligible activities a unique opportunity to register itself and raise funds on a recognized exchange platform.

A Social Enterprise i.e., a Not-for-Profit Organization (NPO) or a For Profit Social Enterprise (FPE) fulfilling the eligibility conditions as specified in SEBI ICDR Regulations or as specified by SEBI from time to time will be permitted to register or list its instruments.

 

 

https://www.nseindia.com/

List of eligible activities for demonstrating primacy of Social Impact.

• eradicating hunger, poverty, malnutrition and inequality.
• promoting health care including mental healthcare, sanitation and making available safe drinking water. promoting education, employability and livelihoods.
• promoting gender equality, empowerment of women and LGBTQIA+ communities.
• ensuring environmental sustainability, addressing climate change including mitigation and adaptation, forest and wildlife conservation.
• protection of national heritage, art and culture.
• training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports supporting incubators of Social Enterprises.
• supporting incubators of Social Enterprises.
• supporting other platforms that strengthen the non-profit ecosystem in fundraising and capacity building.
• promoting livelihoods for rural and urban poor including enhancing income of small and marginal farmers and workers in the non-farm sector.
• slum area development, affordable housing and other interventions to build sustainable and resilient cities.
• disaster management, including relief, rehabilitation and reconstruction activities. promotion of financial inclusion.
• facilitating access to land and property assets for disadvantaged communities.
• bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection.
• promoting welfare of migrants and displaced persons.
• any other area as identified by the Board or Government of India from time to time.

Predominance (Any one of the following)

• At least 67% of the immediately preceding 3-year average of revenues comes from providing eligible activities to members of the target population

or

• At least 67% of the immediately preceding 3-year average of expenditures has been incurred for providing eligible activities to members of the target population

or

• Members of the target population to whom the eligible activities have been provided constitute at least 67% of the immediately preceding 3-year average of the total customer base/beneficiaries

It’s ok to disappear until you feel like you again.

 

FAQ’S RELATED TO AYUSHMAN BHARAT PMJAY SCHEME.

 

Compiled by 

By Mr. Tushar P. Joshi

 

Recently for the benefit of Senior Citizen’s above- 70yr’s and above Prime Minister has launched the Ayushman Bharat Pardhan Mantri Jan Arogya Yojana.

Few FAQ’S are given below for easy understanding.

1. Which age and Income group of senior citizens are eligible under Ayushman Bharat PM-JAY?

   Answer: All Senior Citizens aged 70 or above, regardless of economic status, are eligible for free medical treatment up to Rs.5 lakh under this scheme.

2. How many senior citizens are aged 70 years or above in India?

   Answer: Approximately 6 crore senior citizens, belonging to around 4.5 crore families, are aged 70 or above in India.

3. What are the eligibility criteria for senior citizens under this scheme?

   Answer: The only eligibility criterion is that the individual must be aged 70 years or above, as determined by the age recorded in their Aadhaar card, regardless of economic status.

4. Is Aadhaar mandatory for enrolment in the scheme?

   Answer: Yes, Aadhaar-based e-KYC is mandatory for the enrolment and issuance of Ayushman cards for eligible senior citizens.

5. What documents are required to enrol in the AB PMJAY Senior Citizen Scheme?

   Answer: Aadhaar is the only document needed for enrolment in the AB PMJAY Senior Citizen Scheme.

6. If only the birth year is mentioned in Aadhaar, how is the date of birth determined?

   Answer: If only the birth year is recorded in Aadhaar, January 1st of the year following the recorded birth year will be considered as the date of birth.

7. Both my parents are over 70 years old. Do I need to enrol each of them separately in the AB PMJAY Senior Citizen Scheme?

   Answer: No, separate enrolments aren’t needed. After enrolling the first family member aged 70 or above, you can add other family members aged 70 or above under the scheme using the “Add Member” feature on our enrolment portal.

8. Will senior citizens receive a separate Ayushman card?

   Answer: Yes, a distinct Ayushman card will be issued to all eligible senior citizens aged 70 years and above.

9. Can we apply for an Ayushman card online for our parents who are 70 or older?

   Answer: Yes, the beneficiary can apply for the Ayushman Bharat Senior Citizen Scheme through our website portal – www.beneficiary.nha.gov.in and the Ayushman App (available for Android on the Google Play Store).

10. Can I receive treatment immediately after enrolling in the AB PMJAY Senior Citizen Scheme?

    Answer: Yes, beneficiaries can begin accessing treatment from the first day of enrolment. There is no waiting period for any disease or treatment, so coverage starts immediately.

11. My father is over 70 years old and earns more than Rs. 50,000 per month from his business. Is he eligible for this scheme?

    Answer: Yes, there is no income limit set by the government for eligibility under this scheme. Any Indian citizen aged 70 or above is eligible, irrespective of income.

12. Both my paternal and maternal grandparents are over 70 years old. Will they each receive Rs. 5 lakh coverage under PM-JAY?

    Answer: No, the Rs. 5 lakh coverage is provided on a family basis. Both your grandparents will be covered, but the Rs. 5 lakh annual limit is shared between them as part of the same family.

13. My family is already a beneficiary of Ayushman Bharat. Will my father, who is over 70 years old, receive the additional top-up benefit?

    Answer: Yes, your father is eligible for the additional top-up benefit. However, he will need to redo his Aadhaar eKYC.

14. My family is an Ayushman Bharat beneficiary. Will we all now get a cover of ₹ 10 lakh under this scheme? Answer: No, the additional ₹ 5 lakh coverage is only for family members aged 70 or above. The rest of the family will continue to receive their existing ₹ 5 lakh coverage.

15. My father is over 70 years of age, and I have health insurance for him through a private company. Will my father still be a beneficiary under PM-JAY?

    Answer: Yes, your father is eligible for PM-JAY coverage even if he has private health insurance.

16. My parents are over 70 years of age and covered under ESIC. Will they still be beneficiaries under PM-JAY? Answer: Yes, your parents are eligible for PM-JAY coverage even if they are covered under ESIC.

17. I am a retired government employee above 70 years old and have a CGHS card. Can I also enrol myself in this scheme?

    Answer: Yes, you are eligible. However, as per government rules, citizens who benefit from any other government health scheme must choose either their existing scheme benefits or those under AB PM-JAY. This means if you have CGHS, you must choose between CGHS and Ayushman Bharat PM-JAY, as benefits from both schemes cannot be availed simultaneously.

18. If my parents opt for AB PM-JAY and surrender their current government health scheme, is there any provision to switch back to their previous government health insurance scheme?

    Answer: No, once your parents choose the AB PM-JAY scheme and surrender their existing government health insurance, they cannot switch back. This is a one-time option and cannot

    I request every one to take benifit of the same in large number by way of enrolling for the same.

 

Even a bad day is only 24 hours.

 

Contents Vol. 7 No. 2 |Mumbai| October, 2024

 

 

Topic	Writer	Page No.
Part – I
Editorial	Mayur R. Parekh	5
From the President	Mahesh Madkholkar	8
GST Updates	Deepali Mehta	12
Artificial Intelligence and the Indian Goods and Services Tax Law	Ratan Samal & Manohar Samal	22
Will you enjoy ‘Safari!’	Kishor Lulla	26
Additional Tension in Real Estate Industry	Kishor Lulla	27
Availment and Utilisation of ITC in Wrong Head of Tax – an Invitation to Litigation	Zalak Sohil Dalal	28
Refund application is not time-barred when first refund application was filed within limitation period but second application was filed after expiry of limitation period on advice of department	Pranav Mehta	33
करदात्यांना दिलासा देणारी १६ (५)ची नवी तरतूद जी. एस. टी कायद्याखाली मागितलेला आय. टी. सी चा क्लेम कल्पकता दाखवून मंजूर केला	Vinayak Agashe	37
Updates on Real Estate (Regulations & Development) Act, 2016	Ashwin Shah	39
Service Tax Updates	Vasudev Mehta	41
Income Tax Update – Highlights on Recent Amendments	Sonakshi Jhunjhunwala & Sunil Jhunjhunwala	45
Do You Know?	Moti B. Totlani	49
Replies to Queries	Deepak Thakkar & Ronak Thakkar	51
Speaker’s Forum	D. J. Ruparelia & Ashish Ruparelia	53
Representation & Response		70
Association News	Jatiin N. Chheda & Rahul Thakar	83
Part – II
GST Digest	Dinesh Tambde	89
From the Courts	Dhaval Talati	105
Gist of Advance Rulings	Ashit Shah	110
Part – III
Recent Amendments – Notifications/Trade Circulars
CGST Notification and Circulars
Notification No. 17/2024–Central Tax New Delhi, dated the 27th September, 2024.		114
Notification No. 18/2024 – Central Tax New Delhi, dated the 30th September, 2024		114
Notification No. 19/2024 – Central Tax New Delhi, dated the 30th September, 2024		115
Notification No. 20/2024 – Central Tax New Delhi, the 8th October, 2024		115
Notification No. 21/2024–Central Tax New Delhi, the 8th October, 2024		124
Notification No. 22/2024– CENTRAL TAX New Delhi, dated the 8th October, 2024.		125
Notification No. 23/2024–Central Tax New Delhi, dated the 8th October, 2024.		127
Notification No. 24/2024-Central Tax New Delhi, the 9th October, 2024.		127
Notification No. 25/2024-Central Tax New Delhi, the 9th October, 2024.		128
Notification No. 05/2024-Central Tax (Rate) New Delhi, the 8th October, 2024		128
Notification No. 06/2024-Central Tax (Rate) New Delhi, the 8th October, 2024		129
Notification No. 07/2024-Central Tax (Rate) New Delhi, the 8th October, 2024		130
Notification No. 08/2024- Central Tax (Rate) New Delhi, the 8th October, 2024		131
Notification No. 09/2024- Central Tax (Rate) New Delhi, the 8th October, 2024		133
Circular No. 234/28/2024-GST North Block, New Delhi Dated the 11th October 2024 – F. No. CBIC-190354/149/2024-TO(TRU-II)-CBEC		133
Circular No. 235/29/2024-GST North Block, New Delhi Dated the 11th October 2024 -F. No. CBIC-190354/149/2024-TO(TRU-II)-CBEC		137
Circular No. 236/30/2024-GST North Block, New Delhi Dated the 11th October 2024 – F. No. CBIC-190354/149/2024-TO(TRU-II)-CBEC		139
Circular No. 237/31/2024-GST New Delhi, dated the 15th October, 2024 F. No. CBIC-20001/6/2024-GST		140
Circular No. 238/32/2024-GST New Delhi, dated the 15th October, 2024 F. No. CBIC-20001/6/2024-GST		144
INSTRUCTION No. 04/2024-GST New Delhi, dated the 4th October, 2024 File No.: CBIC-20016/26/2024-GST		155
Notification No. 15-Eway Bill/2024-State Tax dated the 1st October 2024		156
Notification No. : SGST/ e-way bill/ 01/ 2024-25 dated the 12th September 2024		156
CORRIGENDUM No. MGST-1524/C.R-36/Taxation-1. dated the 30th September 2024.		158
Restoration of GST Returns data on Portal.		158
Advisory: GSTN e-Services App to Replace e-Invoice QR Code Verifier App Shortly		159
Advisory: GSTN e-Services App to Replace e-Invoice QR Code Verifier App Shortly		159
Advisory on Proper Entry of RR No./Parcel Way Bill (PWB) Numbers in EWB system Post EWB-PMS Integration		159
Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Kerala, Nagaland and Telangana		161
Advisory for Taxpayers: New GST Provision for Metal Scrap Transactions		162
Important advisory for GSTR-9/9C		162
Announcements Announcement For New Membership, Renewal of Membership & Subscription For Year 2024-25		Page 88

 

Members Name	Date of Birth
Chokhani J. H.	11-November
Naik Laxman Mahadev	11-November
Singh Abnishkumar	11-November
Barge Shilpa J	11-November
Kshatriya Yogesh Dattatrayasa	11-November
Gavkare Vishnu Bhalchandra	11-November
Solanki Mehulkumar Hasmukh	11-November
Arolkar Abhay Vasant	12-November
Nikam Rajendra Ramdas	12-November
Samleti Ganesh Ambaji	12-November
Shah Rajesh Ratilal	13-November
Bihani Omprakash D.	13-November
Jain Navin Naranji	13-November
Mahadik Dattaram Krishna	13-November
Kudia Jamal Ayoob	13-November
Bote Sunil Shivaji	13-November
Chaudhari Bhushan Ramesh	13-November
Shah Vijaykumar Raghvji	14-November
Kulkarni Atmaram Shankar	15-November
Gupta Manojkumar R.	15-November
Rao Arety Sreenivasa	15-November
Shinde Manohar Tanaji	15-November
Lohia Chandraprakash Ashram	15-November
Gupta Ravi Deoraj	15-November
Vakharia Anvesh Anil	15-November
Bagadia Jayesh R.	16-November
Shah Rakesh B.	16-November
Kolambekar Nayana Arun	16-November
Shah Shantilal Mithulal	17-November
Dalal Kamlesh Hamir	17-November
Warankar Pradeep Ramachandra	17-November
Khakhar Payal Nimish	17-November
Dange Ashish Ramesh	17-November
Dharnidharka Mayur Saral	17-November

 

Members Name	Date of Birth
Kelkar Anil Pandharinath	18-November
Wani Arjun Vishvanath	18-November
Dhuri Shreeram Madhusudan	18-November
Joshi Damodar Jawaharlal	19-November
Khithani Pradeep Purshotam	19-November
Shimpi Nimba Ramdas	19-November
Vichare Vilas Vijay	19-November
Kotecha Mehul Ramniklal	19-November
Surte Aditya Suhas	19-November
Gandhi Siddhant Tushar	19-November
Shah Milan Chandrakant	20-November
Shah Vijay J.	20-November
Bhangaria Nikunj Govind	20-November
Patil Ganesh Prakash	20-November
Bajaj Manish Lal	20-November
Shah Arvind Parmanand	21-November
Jajoo Vinod Hiralal	21-November
Rana Sanjit R	21-November
Saboo Niral Karan	21-November
Dalvadi Jayantilal Sanalal	22-November
Shah Nainesh Kantilal	22-November
Raichura Sitansh Puroshottam	22-November
Thakur Manish Arun	22-November
Patil Prasanna H	22-November
Merchant Shahid Mohd. Husain	22-November
Dhuvad Harshad D	23-November
Shah Himanshu P.	23-November
Kamath Narayan S.	23-November
Savani Dhanesh Amritlal	23-November
Shah Dharmen Rajendra	23-November
Herlekar S. D.	24-November
Hendre Mukund Narayan	24-November
Gawde Prasad Maruti	24-November
Gindra Purav Ketan	24-November

 

Members Name	Date of Birth
Jagtap Maruti Yeduji	25-November
Chavan Sandeep Vishnu	25-November
Kenia Harakhchand R.	26-November
Shah Deelip Rajaram	26-November
Khare Saleel Subhashchandra	26-November
Kulkarni Santosh Ambadas	26-November
Kadam Raju Keru	26-November
Khania Hiren Chandrakant	26-November
Thanawala Anil Kantilal	27-November
Nandgaonkar Madhav Narayan	27-November
Dhut Ramanlal Balkisan	27-November
Gala Kirti Arjun	27-November
Kulkarni Ravindra Ramchandra	27-November
Sarvaiya Hardik M	27-November
Kothari Nilesh Motilal	27-November
Aherkar Vilas Chandrakant	27-November
Jha Narendra Kantilal	28-November
Kadakia Sandeep Pramodrai	28-November
Shah Nilesh Dineshbhai	28-November
Sundar S.	28-November
Suthar Mukund Amrutlal	28-November
Dayama Amol Purushottam	28-November
Patel Deepika N	28-November
Patel Deepika Navin	28-November
Deora C U	29-November
Gandhi Virendra R.	29-November
Mukherjee Arpita Subhrarag	29-November
Mehta Chirag Jitendra	29-November
Salve Sandeep Sahebrao	30-November
Mangaonkar Siddesh Pradip	30-November
Chokshi Subodh S	01-December
Kapadia Pravin Morarji	01-December
Talati Rajat B	01-December
Sisodia Shirish Dhanraj	01-December
Thombare Amit Satish	02-December

 

Members Name	Date of Birth
Kedia Pratik Dinesh	02-December
Bhatia Kaushik Shantikumar	03-December
Dhruve Kiran K.	03-December
Doshi Tushar M.	03-December
Momaya Mayur Kishor	03-December
Tatiya Rakesh Tansukdas	03-December
Shah Kinchit Hemant	04-December
More Sayali Sunil	04-December
Agrawal Umesh Prakash	05-December
Patil Sanjay T	06-December
Vaidya Sunil Dattatraya	06-December
Dasgupta Arup	06-December
Mehta Dulehraj Mishrimal	07-December
Shinde V. P.	07-December
Lakhani Nilesh T.	07-December
Poomani Esther	07-December
Shah Tejas Virendra	07-December
Barbhaya Rupesh Manharlal	07-December
Shah Vipul R.	08-December
Joshi Parag S.	08-December
Shaikh Abdulgani Abdulrahman	08-December
Mehta Chirag Bharat	08-December
Shah Sanjay Nathalal	08-December
Gujarathi Jayesh Jagdish	08-December
Soni Prajal Ashok	08-December
Satyuga Pratik Bhagwan	08-December
Joshi Chetan Jitendra	09-December
Joshi Mihir Bhaskar	09-December
Shah Praful L	10-December
Jadhav Dayaram Lashkar	10-December
Suba Kirti D.	10-December
Shetty Praveen Bhoja	10-December
Kulkarni Jayesh Vikas	10-December
Begari Balram Bheemappa	10-December

 

Sr No.	Name	Price ₹
1	FMCG & Pharmaceutical Industry – GST Issues & Challenges	150/-
2	Transitional Provision	50/-
3	46th RRC Book	175/-
4	Referencer 2022-23	375/-
5	Referencer 2023-24	750/-
6	Mega Full Day Seminar Booklet 2.7.2022	130/-
7	Half Day Seminar Booklet 17.11.2022	100/-
8	Maharashtra Goods & Service Tax Act along with Rules (MGST Bare Act)	850/-
9	Short Publication GST practical guides (5 Book Series)	555/-
10	47th RRC Book	250/-
11	Charitable Trusts	300/-
12	Mega Full Day Seminar Booklet 09.02.2024	150/-
13	48th RRC Book	250/-

 

 

Payment Link for Publication on sale :https://www.gstpam.org/online/purchase-publication.php

GSTPAM News Bulletin Committee for Year 2024-25

Pankaj Parekh Chairman

Aloke R. Singh Convenor

Ashish Ruparelia Jt. Convenor