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 : Learn about Input Service Distributor (ISD) in GST, its implementation, practical procedures, benefits, drawbacks, and compliance ...
Goods and Services Tax : Article is an attempt to provide a detailed analysis of GST Amnesty Scheme under Section 128-A, strategic approaches for different...
Goods and Services Tax : If a GST appeal is time-barred, can the High Court intervene? Learn about legal remedies, writ petitions, and when courts may cons...
Goods and Services Tax : Goods and Services Tax (GST) framework in India, established under the CGST Act, 2017, mandates specific procedures for taxpayers ...
Goods and Services Tax : Calcutta HC quashes GST demand, ruling that ITC cannot be denied due to retrospective supplier deregistration if the purchaser mee...
Goods and Services Tax : Key GST issues faced by taxpayers, including registration delays, documentation challenges, appeal backlogs, and the need for poli...
Goods and Services Tax : Details on import duties, GST rates, and tax incentives for lifesaving medical devices in India. Learn about GST Council's role an...
Goods and Services Tax : DGGI blocks 357 illegal gaming websites, freezes Rs. 126 crore across 2,400 accounts, and cautions public against offshore online ...
Goods and Services Tax : CGST Delhi East Campaign assists over 2,000 traders, generates 100+ GST registrations, and spreads awareness through students and ...
Goods and Services Tax : Govt introduces GST reforms to simplify compliance for MSMEs, including higher turnover limits, quarterly returns, and digital pay...
Goods and Services Tax : Calcutta High Court remands Madhusudan Banik's GST appeal for fresh consideration, citing procedural lapses by the appellate autho...
Goods and Services Tax : Calcutta High Court stays tax dispute order in Wilhelmsen case, ruling no revenue loss. Petitioners exempted from 10% payment unti...
Goods and Services Tax : Madras High Court held that disciplinary proceedings initiated against Deputy Commissioner of GST is liable to be set aside since ...
Goods and Services Tax : Kerala HC rules on GST appeal limitation, holding that ‘month’ under Section 107 of CGST/SGST Acts follows the British calen...
Goods and Services Tax : Madras HC sets aside order rejecting GST appeal due to limitation period misinterpretation, directing the appellate authority to...
Goods and Services Tax : Learn about the Kerala SGST Act's interest and penalty waiver under Section 128A, eligibility, application process, and compliance...
Goods and Services Tax : CBIC discusses revenue trends, HR promotions, sports events, and duty evasion cases in a recent review meeting. Key updates on inv...
Goods and Services Tax : GST waiver applications face technical issues. Payment due by March 31, 2025; waiver applications can be filed until June 30, 2025...
Goods and Services Tax : Kerala GST enables video conferencing for personal hearings to improve efficiency. Physical hearings remain an option in exception...
Goods and Services Tax : Kerala SGST launches Centralised Refund Processing from March 15, 2025, ensuring faster verification, virtual hearings, and stream...
In re Shantilal Real Estate Services (GST AAR Goa) As per entry 5(b) of Schedule II of SGST Act, construction of a complex, building, civil structure or part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion […]
Notification No. 15/2021–Central Tax Dated: 18th May, 2021 1. Days counting from RFD 01 to RFD 03, not to be counted in the period of 2 years in case of fresh refund application after rectifying the deficiencies 2. Form RFD -01W introduced, being refund withdrwal form, which can be filed before RFD 04 or RFD […]
PROLOGUE It is well known to business fraternity and tax professional community, that the indirect tax reforms were introduced in India by 101st Amendment to Constitution of India. Consequently, several indirect taxes subsumed in the Goods and Service Tax regime. The concept was one country, one tax and one market. The field of legislation for […]
Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the details of input tax credit in FORM GSTR-2B for counter-party recipients. As per Rule-60(8) of CGST Rules-2017, FORM GSTR-2B shall be made available to the recipients after the Due date of filing GSTR-1/IFF by the suppliers. Notification No. 12/2021-CT and 13/2021-CT, both dated […]
Arjuna (Fictional Character): Krishna, what are the reliefs given by Central Government under GST to the merchants during this lockdown due to the coronavirus pandemic? Krishna (Fictional Character): Arjuna, Government has extended the dates of various compliances by Taxpayer under GST, through Central Tax Notification dated on 1st May 2021. The taxpayer has been given relief to file […]
As a part of taxpayer facilitation, we have automated most of our refund/ drawback processes and amounts due to the taxpayers, especially of IGST that get automatically processed and credited without human intervention.
TREATMENT UNDER GST IN CASE OF AMALGAMATION AND MERGER Section 87 of CGST Act, 2017 Liability to pay taxes in case of Amalgamation or Demerger Section 87(1) :- If 2 or more companies are amalgamated or merged in pursuance of the order of the Court or tribunal or otherwise and the order of amalgamation or […]
Under this redevelopment schemes, societies undertake redevelopment of existing building owned by them by entering into Development Agreements with Builders. GST rate will be 1% if its cover under affordable housing scheme or else 5% GST rate will be applicable. Further developer has to purchase at least 80% of the value of input and input […]
Whether Stock Transfer is taxable event? The High Court of Kerala and High Court of Telangana has held that Stock Transfer is not the taxable event and no GST is applicable. M/s. ABCO TRADES (P) LTD. Vs. THE ASSISTANT STATE TAX OFFICER, WP No. 17377 of 2020, Order dated 21-08-2020, High Court of Kerala. The […]
Vaccines are life-saving drugs, just like medicines, classified as goods under GST. The supply of vaccines for business purposes with consideration is taxable under Section 7 of the CGST Act. However, the manufacturer will not be eligible to claim the input tax credit on the raw materials or services used in the supply of vaccines obtained without any charge.
