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Goods and Services Tax : Discover key GST reforms from Budget 2024 including scope of supply, ITC amendments, and new penalty provisions aimed at simplifyi...
Goods and Services Tax : Learn about compounding offences under GST, including eligibility, process, and penalties. Discover how it helps avoid prosecution...
Goods and Services Tax : Explore the impact of Clause (ca) in Section 10(1) of the IGST Act on the place of supply for unregistered persons. Is the recent ...
Goods and Services Tax : Discover the essentials of the E-way Bill system, its generation process, requirements, and exceptions. Learn how it facilitates s...
Goods and Services Tax : बजट 2024 में GST की धारा 73 और 74 को हटाकर नई धारा 74A लागू की �...
Goods and Services Tax : CBIC detected Rs. 36,374 crore worth of fake ITC in FY 2023-24 involving 9,190 cases. Key measures and data on ITC fraud detection...
Goods and Services Tax : ACAE in association with IDTPF, STAR and TAXGURU announces its most awaited GST CERTIFICATE COURSE. This year’s course is on lit...
Goods and Services Tax : Government discusses bringing petrol, diesel, and LPG under GST. Learn about the proposals, responses, and potential impact on con...
Goods and Services Tax : Explore the July 2024 amendments to Customs Notifications Nos. 29-39 and Explanatory Memorandum to Notification No. 51/2024-Custom...
Goods and Services Tax : Finance Minister lauds GST success, highlights reduced tax incidence, simplified compliance, and eased appeal processes in the Uni...
Goods and Services Tax : Madras High Court quashes GST penalty imposed on Kompress India, citing procedural errors and misinterpretation of GST rules. Vehi...
Goods and Services Tax : Calcutta High Court held that payment made during the course of search cannot be said to be voluntary payment. Such payment made c...
Goods and Services Tax : Calcutta High Court sets aside an order under Section 74(9) of the GST Act, remanding the case due to proceedings held after the t...
Goods and Services Tax : Kerala High Court held that the provisions of Section 7(aa) of the Central Goods and Service Tax Act, 2017 (CGST Act) will have pr...
Goods and Services Tax : Explore the Calcutta High Court ruling in Shiva Chemicals & Anr. Vs Assistant Commissioner of Revenue, focusing on Input Tax Credi...
Goods and Services Tax : View the detailed report on gross and net GST revenue collections for June 2024. Learn about the growth percentages and year-to-da...
Goods and Services Tax : GST registration in Uttarakhand now includes biometric Aadhaar authentication and document verification. Learn the updated process...
Goods and Services Tax : Learn about the new FORM GSTR-1A, an optional facility to amend or add missed GST supply details before filing GSTR-3B. Available ...
Goods and Services Tax : Discover the CBIC July 2024 newsletter highlights including NTRS 2024 findings, RoDTEP benefits for SEZs, and a crackdown on gold ...
Goods and Services Tax : Kerala GST clarifies scrutiny notice processing under section 61 of KSGST Act 2017. DSTOs/ASTOs to handle notices post-restructuri...
VAT is an indirect tax charged at each stage of economic activity throughout the supply chain. VAT would be applicable on majority of the business transactions with some relief or exemption. A significant milestone in the GCC was achieved when UAE along with Saudi Arabia, Bahrain, Qatar, Kuwait, and Oman announced the adoption of indirect tax system, namely VAT (Value Added Tax).
A visitor is any person who permanently or habitually lives in a country outside the EU. Your address as shown in your passport or other identity document will be taken as the place where you permanently or habitually live.
GST Council (GSTC) which met at Hyderabad on 9th September, 2017 for 21st time took may decisions, major ones being hike in Compensation Cess on automobiles (motor cars) and extension of return filing dates for July, 2017.
The Union Finance Minister Shri Arun Jaitleyconstitutes a Group of Ministers and a Committee on Exports; Bihar Deputy Chief Minister,Shri Sushil Kumar Modi to head the GOM while Committee on Exports to be headed by the Revenue Secretary, Dr.Hasmukh Adhia.
As per Section 6(1) of The Maharashtra State Tax on Professions, Trades, Callings and Employments Act 1975 (the Profession Tax Act, 1975), every employer registered under the Profession Tax Act, 1975 has to furnish return in prescribed format showing the salaries and wages paid and the amount of tax deducted by him in respect thereof. As per Rule 11(2A)
It is a fact that many states, including BJP ruled states had opposed the GST bill under UPA rule. But were only BJP states opposing GST? Lies. Even as late as December 2013, just 4 months before end of UPA’s 10 year rule, it was reported that the Congress-led ruling UDF government in Kerala has lent support […]
Nowadays Social Media is abuzz with an Alleged Show Cause Notice for Penalty for non-issuance of Tax Invoice, issued under APGST Act, 2017 by Anantapuram Division, Dharmavaram Circle, Department of State Tax, Government of Andhra Pradesh dated 05.09.2017 by which department has proposed to levy a Penalty of Rs. 20000/- for Tax Evasion of Rs. 15. […]
Registration in a particular state will be provided for the principal place of business other businesses in that state will be termed as place of business/additional place of business. One place must be declared as Principal place of business, as the registration will be provided for that place only.
Please refer to your letter No. GROMA/2017-18/135 & 136 both dated 18.8.2017 on the above mentioned subject. In this regard, it is to inform you that all the queries raised are cleanly and unambiguously covered in the related statutory provisions. The desired reply to the relevant statutory provisions are mentioned point wise below against each query.
When I First saw the From 3b in rules , I taught the offsetting of liability will be Automatic as the rules Tax set-off were already in built in provisions of GST and from the same page challan would be generated and payment would be made Thus setting-off the liability.
