GST body drops Rs 115 cr from tax demand against Mahindra & MahindraThe GST adjudicating authority reduced Mahindra & Mahindra's GST demand related to brand name and logo usage by group companies. The author...
21 Apr, 2025, 11.00 AM IST
Over a dozen food & beverage companies get notice over trademark usageThe Directorate General of Goods and Services Tax Intelligence has issued show cause notices to over a dozen food and beverage companies re...
23 Sep, 2024, 12.25 AM IST
GST body probes Godrej's ₹2,825 crore acquisition of Raymond's consumer goods businessThe DGGI is also understood to have sought an explanation from GCPL on the matter. The sources cited added that DGGI's Mumbai unit also con...
30 Oct, 2023, 08.27 AM IST
Need to improve India's patent capacityThe number of patent applications in India has risen, with a significant increase in the share of domestic applications, according to data ...
01 May, 2023, 11.13 PM IST
Odyssey Technologies brings out digital signing extension for Income Tax, GST & MCAxorkeesign G2C is a browser extension that stays invisible until a user accesses the Income tax, GST or MCA portals and then helps the user...
17 Mar, 2022, 10.53 PM IST
Companies may have to pay more taxes on intangible assetsThe change could affect corporations like Tata group, Mahindra Group, ICICI Bank, and HSBC Bank, among others, who have multiple subsidiari...
01 Nov, 2021, 11.56 PM IST
Only a goods supplier can apply for GST advance rulingThe Maharashtra bench of the GST Authority for Advance Rulings (AAR) has rejected an application filed by a private company saying it was n...
23 Oct, 2021, 11.16 AM IST
GST officers arrest one for Rs 129 crore tax evasion through illegal manufacture, supply of cigarettesInvestigation conducted across Delhi and Haryana revealed that Sharma manufactured and supplied cigarettes under his registered brands 'Nid...
28 Nov, 2020, 05.02 PM IST
Taxman wants to charge GST on trademark and logo use by subsidiariesIndian conglomerates that use a common logo across subsidiaries are in for some trouble as the taxman wants to levy GST on notional valuati...
19 Feb, 2019, 07.36 PM IST
Confusion over branded food GSTIt decided to levy the 5 per cent GST if an item had a registered trademark as of May 15, 2017.
12 Sep, 2017, 05.00 PM IST
After clarity from GST Council, food brands likely to reappear on shelvesAccording to the GST law that came into force on July 1, packaged food items with a registered trademark on the packet attracted a 5 per ce...
12 Sep, 2017, 03.13 PM IST
GST council may keep tax load on cars below 50 per cent, cheer home budgetsThe Council will also formulate a mechanism to deal with businesses that are deregistering their brands to avoid taxes after the rollout of...
09 Sep, 2017, 10.26 AM IST
Apprehensions on GST proved unfounded: Narendra ModiThe prime minister was chairing his 21st meeting of Pro-Active Governance and Timely Implementation (PRAGATI), a monthly interaction with t...
30 Aug, 2017, 06.31 PM IST
5% GST likely on packaged food awaiting trademarkThe GST Council is likely to treat brands for an application is already made for a trademark akin to a branded product to plug misuse of th...
10 Aug, 2017, 11.29 AM IST
Traders dig out loopholes to pay less, avoid taxGovt is not amused by what businesses are doing. It is one thing to modify goods to avail lower rates and another to misuse the provision.
08 Jul, 2017, 06.07 AM IST
Government may relook at tax rules for edible commoditiesCertain goods such as cottage cheese, wheat, rice, other cereals, pulses other than those put up in unit container and bearing a registered...
07 Jul, 2017, 12.55 AM IST
Trademarks, goodwill will face GST of 18%Since intangibles such as trademarks and goodwill do not find a mention in the schedule they would fall in the category of residual entry, ...
29 Jun, 2017, 12.16 AM IST