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 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...
Specified assistive devices, rehabilitation aids and other goods for differently abled people attract the lowest (non-Nil) GST rate of 5%. Most of the inputs for such goods attract 18% GST. Nil GST on any goods zero rates inputs, while domestic goods continue to bear input taxes. Further, for any goods which attract GST rate (other […]
GST rates so notified are lower than the pre-GST tax incidence on most of the items of mass consumption such as cereals, pulses, milk, tea, vegetable edible oils, sugar, toothpaste, hair oil, soap, footwear, Children’s’ picture, drawing or coloring books, etc. The GST rates on supply of goods and services have been notified based on […]
GST : to migrate from a complicated and multi tax system to a simpler tax system The tax rates on goods and services have been fixed taking into consideration, inter alia, the total indirect tax incidence in pre- GST regime, including cascading of taxes. The GST rates so notified are lower than the pre– GST […]
Question 1: How are exports treated under the GST Law? Answer: Under the GST Law, export of goods or services has been treated as: i) inter-State supply and covered under the IGST Act. ii) ‘zero rated supply’ i.e. the goods or services exported shall be relieved of GST levied upon them either at the input stage or at […]
Does the buyer of raw cotton (who is a registered person) from the farmer need to pay GST on Reverse Charge basis? Answer: Yes. As the cotton under heading 5201 and 5203 has been placed under 5% rate and the cotton farmer is not liable to registration, the buyers of raw cotton (who are registered persons) from the farmers are required to pay tax on reverse charge basis as per Section 9 (4) of the CGST Act, 2017.
Seeks to amend notification No. 1/2017- Compensation Cess (Rate), dated 28th, June, 2017 so as to increase the Compensation Cess rates on cigarettes as mentioned in the notification with effect from 18th, July, 2017 – 03/2017
Article explains how is a GST payment Challan is generated for making payments without logging or after logging onto the GST Portal. It also explains how to retrieve the saved Challan and edit it and once a Challan is saved, it is valid for how many days? A. Manual on Create Challan (Pre Login) under […]
Yes, the Enrolment Application for enrolment under GST can be rejected in case incorrect details have been furnished or uploaded fake or incorrect documents have been attached with the Enrolment Application.
1 Whether the person with an annual turnover of less than 75 lakhs on the sale of goods or services in the preceeding financial year in a single state have opt to pay a tax under composition scheme? Conditions: Provided that no such permission shall be granted to a taxable person who effects any inter-State supplies of goods and/or services.
We have compiled two notifications, in relation to Reverse Charge mechanism in the GST Acts, issued by the Central Government on the recommendation of the GST Council. One is notifying certain goods on supply of which tax shall be borne by the recipient of such goods and the other is notifying certain services on supply of which tax shall be borne by the recipient of such services.
