Government slaps Xiaomi with ₹653-crore demand notice

The government on Wednesday said three show-cause notices have been issued to Chinese technology major Xiaomi for the recovery of ₹653 crore duty for a period of about three years from April 1, 2017 to June 30, 2020. “After completion of the investigation by the DRI, three show-cause notices have been issued to M/s Xiaomi … Read more

Input tax credit cannot be availed on GST paid for employees cabs

On an application filed by Prasar Bharti Broadcasting Corporation (All India Radio), Shimla, the Himachal Pradesh bench of AAR cited GST law to state ITC shall be available on fulfilment of one condition — “such goods or services or both shall be obligatory for an employer to provide to its employees under any law for … Read more