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 : Find the GST SPL-02 letter format for the GST Amnesty Scheme 2024, including DRC-03 payment details and interest relief requests u...
Goods and Services Tax : Under GST law, authorities cannot seize cash or valuables unless linked to tax evasion. Recent court rulings confirm such seizures...
Goods and Services Tax : Learn about Input Service Distributor (ISD), its registration, credit distribution process, and compliance requirements under GST ...
Goods and Services Tax : Starting from 1st April 2025, all GST-registered persons who have multiple GSTINs under the same PAN must register as an Input Ser...
Goods and Services Tax : Understand the impact of GST ITC on immovable properties post the 55th GST Council Meeting, including changes to Section 17(5)(d) ...
Goods and Services Tax : Odisha Finance Department clarifies that GST does not apply to compensation for land and building acquisition, advising government...
Goods and Services Tax : GST on commercial coaching services, exemptions for educational institutions, and book tax status. Details on revenue and relief m...
Goods and Services Tax : Government considers GST reforms based on industry feedback. Recent changes include ITC time extension, tax waiver, appeal deposit...
Goods and Services Tax : Online gaming tax collection lacks specific tracking. Govt issued notices for ₹1.43 lakh crore. GST at 28% applies to real money...
Goods and Services Tax : Tamil Nadu trade associations have requested GST reductions on food, camphor, and services. No GST Council recommendation yet on m...
Goods and Services Tax : Madras High Court dismisses Ragem Motors' writ petition on GST demand for non-taxable receipts, citing availability of statutory r...
Goods and Services Tax : Madras High Court addresses GST registration cancellation for non-filing. Details on compliance and court-ordered revival conditio...
Goods and Services Tax : Chhattisgarh High Court dismissed Nandan Steels’ appeal against GST credit denial, ruling that delay beyond the prescribed limit...
Goods and Services Tax : Madras High Court invalidates assessment order in M.Vimalraj Vs Union of India due to lack of proper notice service under GST Act....
Goods and Services Tax : The Allahabad HC dismissed HDB Financial's writ petition challenging a ₹5.4 lakh GST penalty, advising the petitioner to pursue ...
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...
Goods and Services Tax : Detailed amendments to Notification No. 02/2017-Central Tax, revising territorial jurisdictions for Alwar, Chennai Outer, Jaipur, ...
Goods and Services Tax : CBIC invites proposals from CGST zones to reorganize territorial jurisdictions, aiming for a comprehensive assessment. Deadline fo...
Goods and Services Tax : CBIC newsletter notes Women's Day celebrations, post-budget interactions, and DRI's gold smuggling seizures in Bengaluru and Mumba...
What is the time-limit for filing GST TRAN-1? That seemed to be one of the biggest GST procedural compliance issues, after the introduction of unravelling GST regime from 1st July, 2017. It’s most prominent reason being the importance of GST TRAN-1 for a business, as on the basis of this declaration, the eligible credit under the past tax regime is carried forward to GST regime.
Krishna, during this Diwali the due date of filing GSTR-3B and for payment of tax was on 20th October for the month of September. Further in addition to this government is levying TIME BOMB of late fees for delay.
ITC Value Calculation The GST System auto-populates the default ITC eligibility as ‘input’ and default ITC availed value as the full value of the tax paid. These default values can be edited as required by the taxpayer. Change in the default ITC value will not be recorded as modification.
Taxpayers guide for avoid rejection of invoices prepared using offline tool while trying to upload GSTR 2. Avoid Rejection of Invoices Prepared Using Offline Tool While Trying To Upload GSTR 2 1. You may have used the offline tool available on the common portal to prepare and upload details of your invoices. 2. You may […]
Section 18 of the CGST Act provides for credit of input tax in respect of transitional stock. Transitional stock for this purpose would mean inputs held in stock and inputs contained in semi-finished or finished goods held in stock on the specified day. Transitional credit has been allowed in case of a new registrant under […]
Neither the State Legislature nor the State Government would have the power to make laws/ rules to govern interstate movements of goods in the course of trade, and for the purposes of levy of tax,
A division bench of the Bombay High Court, on Monday, held that insurance charges and carrying charges do not form part of the sale price under section 2(29) of the Bombay Sales Tax Act, 1959. A bench comprising Justices R.K Deshpande and Manish Pitale was hearing a departmental appeal against the order of the Maharashtra Sales Tax Tribunal wherein the Tribunal held that insurance charges and carrying charges do not form part of the sale price under section 2(29) of the Bombay Sales Tax Act, 1959.
Automatically collecting of GST Late fees is against the GST Law, because as per Section 46 of GST Act provide that, if a person failed to file return, the notice shall be issued to registered person for its failure to file the return asking him to furnish such return within 15 days In such form and manner as may be prescribed, and rule 68 Chapter VIII of CGST Rules 2017 provide that notice shall be issued in Form GSTR-3A.
Taxpayers guide for correcting the errors of invoices and other details in uploaded GSTR 2 Correcting The Errors Of Invoices And Other Details In Uploaded GSTR 2 1. You may again download the details earlier uploaded on GST portal to edit in the offline tool. 2. If some data in the uploaded Json file fails […]
(GST Form TRANS–I : To Be Filed On Or Before 31st Oct, 2017) Cascading of taxes, means ‘tax on tax’. Under the old system of taxation, credit of taxes being levied by Central Government is not available as set-off for payment of taxes levied by State Governments, and vice versa. Input Tax Credit means reducing […]
