Amid conflicting opinions & interpretations, the CBIC has issued a notification as proposed during Budget 2022, to allow Input Tax Credit (ITC) claims and amendment of invoices till 30th November 2022.
Explore the sunset of the National Anti-Profiteering Authority (NAA) under GST and its logical end. Learn about its functions, merger with CCI, and implications on profiteering issues.
Understanding the impact of GST on international outbound freight. Learn about the exemption and extension periods for ocean and air freight services.
Discover the key changes in GST from October 2022. Find out how the government can restrict ITC for taxpayers in various cases.
Evan after 5 year of GST introduction Goods and Service Tax Appellate Tribunal (GSTAT) not established which is a must
Be cautious! Your social media posts can lead to GST liabilities. Andhra Pradesh High Court ruled on a case where an event management service provider faced GST demand based on social media posts. Understand the implications and ensure responsible use of social media to avoid tax litigation.
The DESH bill seeks to expand the ambit of the SEZs firstly to make them WTO-compliant and perform roles that go beyond export orientation.
A critical analysis of the recommendations made during the 47th GST Council Meeting. Gain insights into the changes in rates, laws, and procedures in GST.
Government extends GST Compensation Cess levy till 31.03.2026. Learn about the implications and new rules in this important move.
Learn about the Unconstitutionality of deducting one-third of the value of land in GST on Construction Services. Find out the impact of the Gujarat High Courts judgment.
