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 : Ensure GST compliance before March 2025 ends. Update billing, file LUT, reconcile ITC, and opt for schemes. Avoid penalties and li...
Goods and Services Tax : Latest GST advisories, compliance deadlines, and updates on tax evasion and insurance-related GST policies for March 2025. Key act...
Goods and Services Tax : Section 128A of the Central Goods and Services Tax (CGST) Act introduces an amnesty scheme aimed at resolving pending GST disputes...
Goods and Services Tax : A provision changed having made effective from a past date is what we understand from a retrospective amendment, but in our back o...
Goods and Services Tax : Understand the GST Composition Scheme: eligibility, tax rates, invoicing, returns, RCM, and its pros and cons for small businesses...
Goods and Services Tax : The government has introduced measures to ease GST compliance for MSMEs, including higher thresholds, simplified returns, and digi...
Goods and Services Tax : The government reviews GST rate rationalization and tax slab changes while expanding digital banking and financial inclusion effor...
Goods and Services Tax : The government addresses concerns over GST hike on agricultural pump-sets, its impact on sales, and input tax credit refunds based...
Goods and Services Tax : The government awaits GST Council recommendations on Jeevan Rakshak life insurance GST reduction. No proposal exists for additiona...
Goods and Services Tax : The Indian government addresses GST reduction on health insurance, anti-profiteering measures, and revenue impact, awaiting GST Co...
Goods and Services Tax : Kerala High Court addresses GST notice challenge in Minimol Sabu case. Court directs adjudicating authority to consider preliminar...
Goods and Services Tax : Madras High Court quashes GST assessment against Saras Electricals due to procedural lapses. Petitioner given a chance to explain ...
Goods and Services Tax : Gujarat High Court disposes of petition challenging Section 17(5) of CGST Act, allowing petitioners to comply with the show cause ...
Goods and Services Tax : Uttarakhand High Court directs reconsideration of GST registration cancellation for Global Manpower Solutions if outstanding dues ...
Goods and Services Tax : Calcutta High Court orders restoration of registration for Harekrishna Sahoo, with payment of dues within 45 days....
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...
Goods and Services Tax : Highlights include the AEO Mutual Recognition Agreement with New Zealand, NACIN’s capacity-building strategies, and a Rs. 6.53 c...
Goods and Services Tax : GSTN introduces biometric Aadhaar authentication and document verification for GST registration applicants in Uttar Pradesh, effec...
We find that ‘LED Lights or Fixtures including LED Lamps’ are covered under the Sub-Heading 9405 40 90 of the GST Tariff, 2017 which are taxable @ 12% (6% each of CGST and SGST).
In re E-Square Leisure Pvt Ltd (GST AAR Maharashtra) Question :- Whether GST is levied on the reimbursement of expenses from the lessee by the lessor at actuals? Answer :- Answered is in affirmative. Question :- In case GST is levied, what is the rate of GST applicable to said reimbursement of expenses ? Answer […]
जिस समय भारत में जीएसटी लगाया गया था उस समय भी यही बताया गया था कि जीएसटी की प्रक्रियाएं जिस प्रकार से कठिन से कठिन बनाई जा रही है और व्यापार एवं उध्योग के लिए इन्हें पूरा करना आसान नहीं होगा . इसका एक बहुत बड़ा कारण था कि जीएसटी भारत में लाया तो एक बहुत अच्छे उद्देश्य से था लेकिन इसे जिन लोगों ने प्रारम्भ में बनाया उनका एक ही ख्याल था कि जीएसटी में कर की चोरी किस तरह से रोकी जाये और इसी एक मात्र उद्देश्य ने जीएसटी की सरलीकरण की राह में बहुत बड़ी बाधा खड़ी कर दी जो कि जीएसटी का मुख्य उद्देश्य था और इस सख्ती ने आज हालात यहाँ तक पहुचा दिए है कि अब ये सवाल पूंछा जा रहा है कि क्या अब भी जीएसटी को बचाया जा सकता है ?
जीएसटी कौंसिल की 31वीं मीटिंग जो 22 दिसम्बर 2019 को हुई है इससे आम करदाता एवं कर विशेषज्ञों को बहुत अधिक उम्मीद थी . आइये एकबार देखें कि क्या ये उम्मीदें पूरी हुई या फिर से उन्हें निराश होना पडा. आइये देखें कहाँ तक करदाता की उम्मीदें पूरी हुई है और जहां नहीं हो पाई उनमें आगे क्या उम्मीद है और जहाँ नहीं हुई है वहां सरकार की क्या मजबूरियां थी .
Exporters who claim Refund of IGST paid on Export of Inverted Rated Goods, are being denied Refund of accumulated ITC of Inverted Rated Goods. Article seeks to highlight the provisions of GST Act in case of Exporters who Export inverted rated goods
A GST accounting software is a class of computer programs that enable you to manage your business’s financial transactions. Such programs can vary widely in scope, with some programs designed for little more than simple bookkeeping and some designed to manage the entire financial comings and goings of large businesses.
♦ What is Works Contract under GST ? A contract of works, may relate to both immovable and immovable property. E.g. if a contractor, takes a contract for the building work, it would be a works contract in relation to immovable property. Similarly, if a composite supply in relation to movable property such as fabrication/painting/annual maintenance […]
1. The provision in the Central GST Act – Section 171, mandates that benefits arising due to either lower tax rates or more tax credits being available in the GST regime should be passed on to the consumer by way of commensurate reduction in prices. Let us understand anti profiteering with an example… 2. Reduction […]
INTRODUCTION 1. What is the real scope of FORM GSTR–9C ? This is a million dollar question. This is because the views on the issue are clearly divided amongst the professionals. On one side the said Form is viewed as a mere number crunching exercise. On the other side it is viewed as a full-fledged […]
Two kinds of credit notes can be issued by a supplier. One is the tax credit note wherein the tax amount reflected on the credit note is sought as an adjustment in the output tax liability. In other words, the output tax liability is sought to be reduced by issuing such tax credit note.
