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 : Discover the structure, powers, and recent updates of the GST Council in India, including key decisions from the 53rd GST Council ...
Goods and Services Tax : Explore GST exemptions for educational institutions under Notification 12/2017(CTR) and case laws. Learn how these exemptions appl...
Goods and Services Tax : Understand Input Tax Credit (ITC) under GST: Learn about eligibility, conditions, and types of ITC. Stay updated with latest amend...
Goods and Services Tax : Understand the time limit to avail Input Tax Credit (ITC) under Reverse Charge Mechanism (RCM) and the implications for registered...
Goods and Services Tax : State directives needed to stop police from illegally checking invoices/e-way bills, hindering trade. Only GST officials have this...
Goods and Services Tax : Explore the interoperable services of E-Invoice1 and E-Invoice2 systems, boosting efficiency and reliability for taxpayers. Learn ...
Goods and Services Tax : Discover the latest API updates for E-Invoice and E-Way Bill systems, including interoperable services and new error codes for sea...
Goods and Services Tax : Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC co...
Goods and Services Tax : CBI arrests CGST Superintendent and Inspector in Solan, HP, for demanding and accepting Rs.8000 bribe, leading to searches and ong...
Goods and Services Tax : CBI arrests Superintendent of Central GST & Central Excise in Berhampur for accepting Rs. 15,000 bribe from complainant regarding ...
Goods and Services Tax : Detailed analysis of the Delhi High Court judgment in Ace Cardiopathy Solutions Pvt Ltd Vs Union of India, addressing issues with ...
Goods and Services Tax : Detailed analysis of Delhi High Court's judgment on cancellation of GST registration due to non-filing of returns. Key implication...
Goods and Services Tax : Delhi High Court rejects GST order against Lakshman Pran Data Enterprises, citing failure to provide personal hearing and inadequa...
Goods and Services Tax : Delhi High Court sets aside GST cancellation of Olive Traders due to lack of fair hearing on merits. Read full judgment and analys...
Goods and Services Tax : Explore the Supreme Court judgment denying anticipatory bail for GST summons under Section 69, with interim protection detailed. F...
Goods and Services Tax : Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless...
Goods and Services Tax : Explore CBIC achievements, updates, and recent cases in the July 2024 newsletter from the Ministry of Finance, Department of Reven...
Goods and Services Tax : GST rates on solar cookers, fire water sprinklers, parts of poultry-keeping machinery, pre-packaged agricultural produce and suppl...
Goods and Services Tax : Latest GST clarifications on services including Indian Railways, RERA, digital payments, insurance schemes, and accommodation serv...
Goods and Services Tax : Learn how exporters can claim refund of additional IGST paid due to price increases post-export. Details on application process an...
Central Board of Indirect Taxes & Customs (CBIC) has issued various notifications on 3rd April 2020 to give effect to GST relief measures announced by Finance Minister on 24.03.2020. The summary of the aforesaid amendments are attached. LEGAL UPDATE – GST 1. Central Board of Indirect Taxes & Customs (CBIC) has issued various notifications to […]
On the GST side, as part of the GST Covid- 19 relief package, seven GST notifications giving effect to the compliance-relief package announced by the Hon’ble Union Finance Minister have been issued. The package includes postponement of return filing, reduction of applicable interest rates, extending the period of SVLDRS, extending e-Way bill validity, etc.
The board has issued circular no.135/05/2020 dated 31st March 2020 (herein referred as “impugned circular”) to resolve the issues faced by the taxpayers applying for refund and has tried to redress them Let`s analyse the 5 issues, the clarification and its validity in this article: – 1. Clarification on clubbing of months of different financial […]
Extension of GST Compliance due date and Deferment of Input Tax Credit restrictions The COVID-19 pandemic has forced governments to take unprecedented measures such as restricting travel and implementing strict quarantine requirements. In this difficult context, most countries are putting stimulus packages in place, including measures to support employment, for example, taking on the burden […]
Relaxation to statutory and regulatory compliance due to pandemic Corona-virus (COVID-19) Entire word is facing pandemic corona-virus (COVID-19). Maharashtra had the highest number of the corona-virus (COVID-19) cases as of April 3, 2020. In view of the emergent situation and challenges faced by taxpayers in meeting the compliance requirements under various provisions of the Central […]
GST returns Due date, interest and late fee amendment as per various Notifications issued on 03.04.2020 Note : As per CGST Circular No. 136/06/2020-GST 3rd April, 2020 para 3 Sr. No. 2 “The due dates for furnishing FORM GSTR-3B for the months of February, March and April, 2020 & GSTR 1 Mar, April and May […]
The spread of Novel Corona Virus (COVID-19) across many countries of the world, including India, has caused immense loss to the lives of people and resultantly impacted the trade and industry. In view of the emergent situation and challenges faced by taxpayers in meeting the compliance requirements under various provisions of the Central Goods and […]
In Indirect Taxes Regime tax/duty was charged on various taxable events like manufacture, sale, rendering of service, purchase, entry into a territory of State etc. This have been done away in GST with in favour of just one taxable event i.e. ‘Supply‘. The taxable event in GST is supply of goods or services or both. […]
Articles presents GST Returns filing date chart for the period Feb 2020 to May 2020 for Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding Financial year, Taxpayers having an aggregate turnover of more than rupees 1.5 crores and up to 5 crores in the preceding FY and Taxpayers having […]
Practical examples and solutions to understand applicability of reduced interest under GST There has been whole lot of discussions about how the applicability of reduced rate of interest and waiver of late fees shall work in case of taxpayers having turnover exceeding Rs. 5 crores. The Notification Nos 31/2020, 32/2020 and 33/2020 – Central Tax […]
