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Goods and Services Tax : The article analyzes the key GST provisions for e-commerce, focusing on regulatory frameworks, compliance requirements, and associ...
Goods and Services Tax : Haryana revives entry tax after 8 years, sparking legal concerns. Understand the implications, recovery limits, and legal remedies...
Goods and Services Tax : The Finance Bill 2025 proposes 11 significant amendments to GST provisions, addressing anomalies and introducing new mechanisms. E...
Goods and Services Tax : ITC Refund Challenges for Exporters Who Cancel Their GST Registration : A Case Study on GST Procedural Hurdles and System Limitati...
Goods and Services Tax : Budget 2025 brings key GST amendments, affecting ITC claims, compliance, and penalties. Learn how these changes impact businesses,...
Goods and Services Tax : The GST Council has deferred decisions on insurance premium taxation, granting more time to the GoM to finalize its recommendation...
Goods and Services Tax : Tirumala Tirupati Devasthanam gets GST exemptions on religious services, but GST of ₹36.28 crore was paid in 2024-25. Details of...
Goods and Services Tax : NBEMS stopped collecting GST on course fees per court order. Refund processing has begun, but no enquiry has been instituted. Deta...
Goods and Services Tax : Tobacco tax revenue contributed 1.27%-2.75% of Gross Tax Revenue from 2016-2024. Funds are allocated across government programs, i...
Goods and Services Tax : The GST Council deferred a decision on reducing GST on health and life insurance premiums in its 55th meeting as GoM sought more t...
Goods and Services Tax : Madras High Court upholds GST demand order, ruling that service via common portal is valid under TN-GST Act. Appeal rights remain ...
Goods and Services Tax : Allahabad High Court quashes GST registration cancellation of Precitech Engineers, citing lack of hearing opportunity and procedur...
Goods and Services Tax : Allahabad High Court sets aside GST registration cancellation of Assaka Powerinfra Pvt Ltd due to lack of hearing opportunity, rem...
Goods and Services Tax : Kerala High Court dismisses K.U. Niyas’ plea against GST demand notices, ruling late return filing invalid. Grants six weeks for...
Goods and Services Tax : Madras High Court ruled that the validity of service of notice is a factual question best addressed by the appropriate appellate a...
Goods and Services Tax : Maharashtra establishes GST Suvidha Kendra for Aadhaar-based biometric authentication and document verification for new GST regist...
Goods and Services Tax : Clarified procedure for appeals under Section 128A of CGST Act 2017, addressing disputes on interest and penalty where tax is full...
Goods and Services Tax : GST applicants in Maharashtra & Lakshadweep must complete biometric Aadhaar authentication & document verification at GST Suvidha ...
Goods and Services Tax : GST advisory clarifies E-Way Bill rules for goods under Chapter 71, excluding HSN 7117. Mandatory in Kerala; voluntary EWB generat...
Goods and Services Tax : Clarifications on GST registration for suppliers on e-commerce platforms in Maharashtra. Covers principal place of business, autho...
GST has come into force with effect from 1st July, 2017. Everybody is busy in interpretation of law as well as application of law to its business models. During interpretation of law sometimes we come across controversies in legal provisions. Language of law must be clear and not ambiguous. Ambiguity in law creates scope for misinterpretation because intention of law makers cannot be understand correctly.
As per Rule 7 of CGST Rules, 2017 read with Section 10(1) of the CGST Act, 2017, rates fixed for composition levy (to be paid as CGST) for different classes of persons taxable person registered in composition levy scheme are as follows:
The Directorate of International Customs will be headed by a Principal Commissioner. The mandate of the Directorate of International Customs is to assist CBEC in the following areas of work:
In this document, the provisions of CGST Act, 2017 have been mentioned with reference to Central taxes namely, Central Excise duty or Service tax. However, for each of the situations discussed in this document, corresponding provision of SGST/UTGST Act, 2017 should also be seen with reference to State Taxes such as VAT, Purchase tax and […]
There is lot of confusion on rate of GST Applicable to Restaurants under Composition Scheme, Restaurant with no air-conditioning in any part thereof and not serving liquor, Restaurant with partial or full air-conditioning or serving liquor, Rate of tax on food parcel cooked as per order, Rate of tax on parcel of pre- packed and […]
Charter of Functions of Center for Business Intelligence and Analytics (CBIA): This Unit shall be responsible for identification of different information requirements of CBEC. It will utilize data feeds from internal sources including historical data, offence data, business data, etc.
Goods and Services Tax is the newest taxation law in India. It is one of the biggest tax reforms in the historic Indian economic set-up. The Goods and Services Tax regime seeks to strengthen and streamline the taxation regime with respect to trade in goods and services which would reduce numerous internal processes and will improve ease of doing business in India.
Sanitary napkins are classifiable under heading 9619. In pre-GST, they attracted concessional excise duty of 6% and 5% VAT and, the pre-GST estimated total tax incidence on sanitary napkins was 13.68%. Therefore, 12% GST rate had been provided for sanitary napkin.
The GST R1 return is again a most important document which shall be generated through invoice. All the key components of GST R1 should be present in the invoice.
Composition scheme should be opted by only those manufacturers or traders who sells directly to the consumers. Composition scheme can also be opted by restaurants and their aggregate turnover exceeds Rs. 20 Lakhs and is upto Rs. 75 Lakhs.
