The Delhi High Court has ruled that the ‘compounding fee’ paid for compounding an offence under a Statute, is not in the nature of a tax or duty. The appellant-companies had challenged the Single Judge’s order where it had refused to grant refund of the compounding fee paid by them under Section 48 of the Legal Metrology Act, 2009 for …
The Central Board of Indirect Taxes has released Frequently Asked Questions on the application of Goods and Services Tax on "pre-packaged and labelled goods." With effect from July 18th, 2022, the provision underwent a change and GST has been made applicable on the supply of such "pre-packaged and labelled" commodities, attracting the provisions of the Legal Metrology Act. However, if …
From July 18, 2022, which is Monday, a number of items including pre-packaged foods are going to see a price hike as the government has decided to put them under the ambit of Goods and Service Tax or GST. Single packages of food items like cereals, pulses and flour weighing up to 25 kg will be considered as ‘prepackaged and …
The department of Legal Metrology has penalised two wall putty manufacturing companies in Jammu allegedly for not passing on the benefit of GST rate cut to consumers Jammu: The department of Legal Metrology has penalised two wall putty manufacturing companies in Jammu allegedly for not passing on the benefit of GST rate cut to consumers. The two companies did not …