Goods and Services Tax : Today, we are talking about cross empowerment of the Central and State Authorities under GST. It has been seen there is ambiguity ...
Goods and Services Tax : Explore the implications of GST Section 16(4) on Input Tax Credit (ITC) with legal insights, challenges, court cases, and recent d...
Goods and Services Tax : Explore the implications of GST payments, interest, and Electronic Cash Ledger based on the Madras High Court's judgment in Eicher...
Goods and Services Tax : Explore the Kerala High Courts directive on rectification applications for wrongly claimed ITC under CGST and SGST instead of IGST...
Goods and Services Tax : Learn about the crucial time limits for claiming Input Tax Credit (ITC) under GST as per Section 16(4) of the CGST Act. Explore th...
Goods and Services Tax : Explore the Ministry of Finance latest report on GST revenue collection in October 2023. Discover detailed analysis, state-wise fi...
Goods and Services Tax : CGST Mumbai South Commissionerate arrests a fake GST invoice racketeer, uncovering a Rs. 263 Crore fraud involving Rs. 7.66 Crores...
Goods and Services Tax : I propose that the CGST Department consider the introduction of a mechanism to remit interest on un-utilized ITC. Much like the sy...
Goods and Services Tax : In July 2023, India's GST revenue collection reached ₹1,65,105 crore, marking an 11% YoY growth. Domestic transactions saw a 15%...
Goods and Services Tax : Requested to provide one-time amnesty by waiving-off the late fees under section 47 and penalty under section 125 of the CGST Act ...
Goods and Services Tax : Dive into the Veira Electronics case against the State of U.P. in Allahabad High Court. Explore the challenge to the Central Tax a...
Goods and Services Tax : Kerala High Court's recent case involving Divya S.R. under CGST and SGST Acts. The court directs consideration of a rectification ...
Corporate Law : Assessee had been a manufacturer of “Carbon Black” since 2009. During the process of manufacturing Carbon Black, a waste gas, ...
Goods and Services Tax : Calcutta High Court held that registered person is entitled to Input Tax Credit only if conditions prescribed u/s. 16(2) of the Ce...
Goods and Services Tax : Orissa High Court's significant decision remanding 245 GST appeals following the Ministry of Finance's recent Notification No.53/2...
Goods and Services Tax : Explore the implications of extending Notification No. 04/2024-CTs implementation timeline to 15th May, 2024. Analysis, insights, ...
Goods and Services Tax : Explore the latest amendment by the Ministry of Finance to the CGST Act, adding 411069 to Table II, Serial Number 83. Stay informe...
Goods and Services Tax : Explore the latest GST notification (04/2024) outlining a special procedure for manufacturers of specific goods. Learn about regis...
Goods and Services Tax : Explore the implications of Notification No. 03/2024-CT rescinding Notification No. 30/2023-CT. Learn how this change affects busi...
Goods and Services Tax : Ministry of Finance extends GSTR-9 and GSTR-9C filing deadline to January 10, 2024, for specific flood-affected districts in Tamil...
Maximum late fees restricted to Rs. 1000 for Final Return in FORM GSTR-10 if GSTR-10 is furnished between 01.04.2023 to 30.06.2023
CBIC reduces Annual Return Late Fee as follows vide Notification No. 07/2023–Central Tax Dated: 31st March, 2023 – A. for the financial year 2022-23 onwards Registered persons having an aggregate turnover of up to five crore rupees in the relevant financial year– Fifty rupees per day (25 CGST+25 SGT), subject to a maximum of an amount […]
CBIC notifies Amnesty scheme registered persons in whose cases assessment u/s 62 of CGST Act has been done on or before 28.02.2023 and who have failed to furnish a valid GST return within a period of 30 days from date of service of assessment order vide Notification No. 06/2023 – Central Tax dated 31.03.2023. Ministry […]
Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 05/2023–Central Tax Dated: 31st March, 2023 G.S.R. 248(E).—In pursuance of the powers conferred by sub-rule (4B) of rule 8 of the Central Goods and Services Tax Rules, 2017, the Central Government, on the recommendations of the Council, hereby […]
CBIC notifies substitutes Rule 8(4A) & amended Rule 8(4B) pertaining to Aadhar authentication and biometric verification of those registered under GST with retrospective effect force from 26.12.2022 vide Notification No. 04/2023–Central Tax Dated: 31st March, 2023. Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 04/2023–Central Tax Dated: […]
CBIC provides Amnesty scheme to registered persons whose GST registrations have been cancelled on or before 31.12.2022 due to non-filing of GST returns vide Notification No. 03/2023 – Central Tax dated 31.03.2023. Ministry of Finance (Department of Revenue) (Central Board of Indirect Taxes and Customs) New Delhi Notification No. 03/2023–Central Tax Dated: 31st March, 2023 […]
Late fees in case of FORM GSTR-4 for the periods from July-2017 till F.Y 2021-22 has been waived completely in case of NIL GST returns and reduced to Rs 500/- in other cases provided the said returns are filed between 01.04.2023 to 30.06.2023 vide Notification No. 02/2023–Central Tax Dated: 31st March, 2023. Ministry of Finance (Department […]
Stay informed with an analysis of the latest GST rate notifications dated 28th February 2023. Understand the changes and their impact on various commodities and services. Read now.
Seeks to amend notification No.2/2017-Central Tax (Rate), dated the 28th day of June,2017 vide Notification No. 04/2023- Central Tax (Rate) Dated : 28th February, 2023 – CBIC exempts CGST on Rab, other than pre-packaged and labelled. MINISTRY OF FINANCE (Department of Revenue) Notification No. 04/2023- Central Tax (Rate) | Dated : 28th February, 2023 G.S.R. […]
Seeks to amend notification No.1/2017-Central Tax (Rate), dated the 28th day of June, 2017 vide Notification No. 03/2023- Central Tax (Rate) Dated: 28th February, 2023 to notify revised CGST Rates on Jaggery of all types including Cane Jaggery (gur), Palmyra Jaggery, pre-packaged and labelled; Khandsari Sugar, pre-packaged and labelled; Rab, pre-packaged and labelled and Pencil […]
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