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Goods and Services Tax : Explore the need for clarification or amendment to Section 78 of the GST Act regarding recovery proceedings. Learn about the chall...
Goods and Services Tax : Learn from the Telangana High Courts judgment in Rays Power Infra Pvt. Ltd. v. Superintendent of Central Tax that paying tax liabi...
Goods and Services Tax : Delve into the realm of corporate guarantees in the GST domain. Learn about their nature, GST applicability, and implications for ...
Goods and Services Tax : Discover the Maryada of taxation for businesses in India, covering Income Tax and GST thresholds. Ensure compliance and avoid lega...
Goods and Services Tax : Explore the complexities of cross-empowerment in GST as notices and proceedings blur jurisdictional lines. Delve into the decision...
Goods and Services Tax : AGFTC & ITBA highlight issues with GST portal downtime on 10th and 11th April 2024, urging prompt action from authorities....
Goods and Services Tax : Explore the robust growth in GST collection for FY 2023-24, crossing Rs. 20 lakh crore, reflecting economic resilience and improve...
Goods and Services Tax : Explore the Ministry of Finance's report on the second highest monthly GST revenue collection in March 2024, reaching ₹1.78 lakh...
Goods and Services Tax : Learn why the Goods and Services Tax Practitioners Association of Maharashtra requests an extension for filing PTRC returns due to...
Goods and Services Tax : Discover insights from the recent GST Council conference, combating tax evasion, revenue growth, and strategies for fraud preventi...
Goods and Services Tax : Bombay High Court nullifies GST demand on ocean freight from outside India citing ultra vires notification. Detailed analysis and ...
Goods and Services Tax : Read the Kerala High Court judgment on failure to submit proper GST documents. Detailed analysis and conclusion on Dileep Divakara...
Goods and Services Tax : GST impact on credit note issued considered as ITC and shown in wrong tables. No revenue loss. Madras HC quashed the order and dir...
Goods and Services Tax : Discover how the Orissa High Court ruled in favor of BPD Steel Syndicate Pvt. Ltd. vs Union of India, allowing a stay on recovery ...
Goods and Services Tax : Explore how Madras High Court quashed Assessment Order when Assessee incorrectly reported turnover in GSTR-1 but correctly in GSTR...
Goods and Services Tax : Stay updated with the latest initiatives and achievements of the Government of India's Ministry of Finance, Department of Revenue,...
Goods and Services Tax : CBIC Extends Due Date of Furnishing GSTR-1 for March 2024 to 12th April Due to Technical Issues on GST Portal vide Notification N...
Goods and Services Tax : Explore the authorization of Revisional Authorities under Section 108 of KGST Act 2017. Learn about designated officers, procedure...
Goods and Services Tax : Get the latest update: GSTN recommends extending GSTR-1 filing deadline to 12/4/24 due to technical issues. Read more for details....
Goods and Services Tax : Discover how to effortlessly populate HSN-wise summaries from e-Invoices into GSTR-1 Table 12. Ensure accuracy and streamline repo...
Key Statistics and Performance of Goods and Service Tax for Calendar Year 2019 On 1st January, 2020, India’s GST Laws has completed its 30 months or 900 days of Implementation. While GST has been a breakthrough step by the present government paving way for various accolades world-wide in the form of Improvement in Ease of […]
Analysis over the Standard Operating Procedure given by the CBIC, to be followed by Proper Officer for Non- Filler of Returns. 1. Three days before the due date of filling the return, the taxpayer will receive the message from the department for filling the return on or before the due date. 2. If on the […]
There is a confusion on calculation of Late fees on GSTR-1 for the pending returns which are still not filed up to 10th of Jan. 2020 and question is asked about calculation of Late fees on GSTR-1 which will be filed after 10th Jan 2020. The Notification No. 4/2018–Central Tax Dated 23rd January 2018 is […]
Meaning of Specialized Construction Services: Specialized Construction Services means services related to parts of buildings or civil engineering works rather than the complete construction Services under GST Scenario. These following services are classified as ‘Specialized Construction Services’ under GST Scenario. 1. Services involving repair, alterations, additions, replacements, renovation, maintenance or remodeling of the buildings , […]
we are inclined to pass an interim order for the release of the goods and the vehicles. We direct the writ applicant to deposit an amount of Rs.50,40,972/ towards the tax with the respondent no.2 and the balance amount of Rs.50,40,972/ towards the penalty shall be in the form of a bank guarantee of any nationalized bank. On deposit of the requisite amount and the bank guarantee, the authority concerned shall release the goods and the vehicles forthwith.
Filters manufactured by the Appellant solely and principally for use by the Indian Railways and supplied directly to the Indian Railways are classifiable under Chapter Heading 84.21 of the Customs Tariff. The classification of the subject goods will not change if the same are supplied to a distributor instead of Indian Railways and the distributor in turn affects the supply to the Indian Railways.
There has been extension in period of the one-time amnesty scheme to 17th January 2020, between which GSTR-1 returns filled by taxpayers for the period starting from July 2017 to November 2019, would be subject to no late fees liability. Late fee payable under section 47 of the CGST Act was waived for the registered […]
GST Council in the 37th meeting held on 20th September, 2019 at Goa took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions and clarifications on connected issues that will notify from October 01, 2019. Total 13 notifications issued. 12 notifications issued for Central Tax (Rate) and 1 notification for Central Tax […]
Serajuddin and Co. Vs Union of India (Orissa High Court) A perusal of sub-section 4 of the Section 75 of CGST Act 2017 makes it clear that whenever an assessee, chargeable with tax and penalty makes a request in writing for opportunity of hearing, such an opportunity should be granted to him. Here, admittedly though […]
GST on Transfer of development rights or long term lease by landowner to promoter Dear colleagues, before going to subject we have to refer an important definitions of the following words as per GST Law,2017 for more clarity. 1. Meaning of Development Right: The term development right has not been defined in the GST Law […]
