Goods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Goods and Services Tax : GST on aggregator services for diagnostics is taxable at 18%. AAR Karnataka clarifies GST obligations and non-eligibility for TCS ...
Goods and Services Tax : GSTN issued multiple advisories in November 2024, including updates on e-Invoice reporting, IMS, TDS for scrap dealers, and waiver...
Goods and Services Tax : Kerala AAR rules differential dealer margin paid by HPCL taxable at 18% under GST. Treated as service for agreeing to refrain from...
Goods and Services Tax : Understand the time of supply under GST, its legal framework, key principles, and its impact on cash flow, compliance, and busines...
Goods and Services Tax : Learn about GST amnesty provisions for waiving interest, penalties, and regularizing ITC under Section 16(4) of CGST Act. Apply by...
Goods and Services Tax : Simplify GST learning with memory techniques. Join live sessions, master CGST sections, and retain knowledge effortlessly. Registe...
Goods and Services Tax : Analysis of GST rates on life/health insurance and lifesaving drugs. Details of revenue, concessions, and GST Council discussions ...
Goods and Services Tax : GST on educational services includes exemptions for institutions and books, but coaching services attract 18% GST. Learn about GST...
Goods and Services Tax : Learn to manage GST invoices easily with the new IMS. Join our webinar on 24th Nov to improve ITC claims and error reduction. Regi...
Goods and Services Tax : GSTN alerts taxpayers about duplicate invoices in GSTR-2B for September and October 2024. Resolution is underway; QRMP taxpayers a...
Goods and Services Tax : Detailed analysis of AAR West Bengal ruling on GST exemption for catering services to inpatients under Notification 12/2017 and he...
Goods and Services Tax : AAR West Bengal examines GST exemption for Reach Dredging Ltd's project on Lamphelpat Waterbody, addressing urban flooding, water ...
Goods and Services Tax : Gujarat High Court allows GST refund on ocean freight paid under RCM after the relevant notification was struck down, rejecting ti...
Goods and Services Tax : Notably, the original authority recorded that it is evident that the details provided at the time of migration from the registrati...
Goods and Services Tax : Bombay HC rules that limitation for filing appeal under MGST Act begins from the email communication date of the assessment order,...
Goods and Services Tax : CBIC extends the GSTR-3B filing due date for October 2024 to November 30, 2024, for registered persons in Manipur under GST Notifi...
Goods and Services Tax : CBIC designates GST adjudicating officers under Notification 28/2024 to address cases issued by the Directorate General of GST Int...
Goods and Services Tax : Kerala SGST's new circular streamlines adjudication of interconnected show cause notices with a single authority for consistent de...
Goods and Services Tax : GSTN shares a consolidated list of approved B2B e-Invoice verification apps for taxpayers to download and stay updated....
Goods and Services Tax : Madhya Pradesh GST applicants must complete biometric Aadhaar authentication and document verification at GSK. Appointment booking...
M/s. ICICI Econet Internet and Technology Fund Vs. Commissioner of Central Tax (CESTAT Bangalore) Any start-up needs huge financial support and presently this is being done by alternative investment funds (AIFs) or venture capital fund (VCFs). These funds are pooled investment vehicles with a certain set of contributors. In India, these funds are usually in […]
In our view, the decision of AAR is correct in law. If any facility is directly related to transportation of passengers and is incidental to such transportation service, then such service shall form part of composite supply and shall be charged as per GST rate applicable to the principle supply.
Upcoming functionalities to be deployed on GST Portal for the Taxpayers in the month of July, 2021 As part of our constant endeavour to provide a smooth and hassle free experience to the taxpayers and simplify the process of meeting GST compliances, following changes were recently deployed/ would be deployed shortly, on the GST portal: […]
New Functionalities made available for Taxpayers on GST Portal (June, 2021) 1 – Returns i. Moving the records saved in IFF, to later months of same Quarter, by taxpayers under QRMP Scheme The taxpayers under QRMP Scheme have been provided with an optional Invoice Furnishing Facility (IFF), to furnish details of their B2B Invoices and […]
The GSTN has deployed various new functionalities on the GST portal for the benefit & ease of taxpayers. Below is a brief compilation of all such new functionalities in the GST Portal deployed in June, 2021 for taxpayers: A. GST Returns 1. Moving the records saved in IFF, to later months of same Quarter, by […]
GST compliance has been and will continue to be a challenging task. But we endeavor to make GST compliance easy for you all. With many deadlines for monthly/Quarterly returns approaching in the month of July’21, take note of these dates and stay GST compliant. This post provides GST Compliance Calendar for the month of July […]
We have once dreamed that there should be one tax for one nation and implementation of GST Act,2017 from 1st July,2017 has fulfilled our dream. GST has implemented whole of India and number indirect and direct taxes have been submerged into GST. In earlier tax regime ,there were cascading affect of taxes and each sate […]
GST : Where Charitable Trust was running a medical store, even though Charitable Trust was giving medicines to customers at a lower rate with no profit, sale of medicine by Trust would be a taxable supply of goods; aggregate turnover exceeding threshold limit, Trust would have to obtain registration
HC declined to interfere in a matter and dismissed the petition of the assessee seeking rectification of the Form GSTR-1 for the period of January 2018 to March 2018, on the ground that the statute has provided a period of limitation for seeking rectification and held that the Court cannot condone the limitation period provided for rectification of GSTR-1 Form
The provisions of Section 42 can only be invoked in a situation where the mismatch is on account of the error in the database of the revenue or a mistake that has been occasioned at the end of the revenue. In a case where the claim of ITC by an assessee is erroneous, as in this case, then the question of Section 42 does not arise at all, since it is not the case of mismatch, one of wrongful claim of ITC. As far as the levy of interest on belated cash remittance is concerned, it is compensatory and mandatory and the levy is upheld to this extent.
