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 : India's 7% GDP growth forecast for 2024-25; GST updates, legal rulings, and changes in taxation and compliance for businesses. Key...
Goods and Services Tax : नई जीएसटी एमनेस्टी योजना को समझें और वित्त वर्ष 2017...
Goods and Services Tax : Learn about the legal provisions for special audits under GST, key court cases, and the principles of fairness and transparency em...
Goods and Services Tax : Summary of recent GST changes to GST Sections 128A and 16, covering ITC restrictions, due dates, and relief from penalties for pas...
Goods and Services Tax : Learn how India’s Invoice Management System (IMS) streamlines Input Tax Credit (ITC) tracking and helps reduce tax discrepancies...
Goods and Services Tax : Mumbai court sentences former CGST Superintendent and his wife to 2-4 years in prison for possessing disproportionate assets. Tota...
Goods and Services Tax : AGFTC and ITBA urge the issuance of standardized guidelines for GST adjudication to enhance clarity, reduce litigation, and ensure...
Goods and Services Tax : The Second National Conference of GST Enforcement Chiefs focused on addressing fake registrations and enhancing compliance through...
Goods and Services Tax : CGST Thane invites EOIs for empanelment of Chartered and Cost Accountants for GST special audits. Submit by October 27, 2024....
Goods and Services Tax : Biometric-based Aadhaar authentication and document verification for GST registration in Kerala, Nagaland, and Telangana began on ...
Goods and Services Tax : Calcutta HC allows appeal filing for part period in GST case due to technical issues with portal, directing payment and timely app...
Goods and Services Tax : Patna High Court held that there is no reason to entertain the writ petition on the ground of testing the constitutional validity ...
Goods and Services Tax : Calcutta High Court rules GST proceedings are valid if served through alternate means, even if not uploaded on the portal. Key cla...
Goods and Services Tax : Madras High Court remanded the matter back for reconsideration with condition to remit 5% of disputed tax demand since the tax pro...
Goods and Services Tax : Gauhati High Court held that petitioner is entitled to claim input tax credit subject to conditions prescribed to newly inserted s...
Goods and Services Tax : The 18th Customs Consultative Group meeting discussed trade issues. Vigilance Awareness Week focused on integrity, with highlights...
Goods and Services Tax : GST waiver scheme offers relief for tax disputes, waiving interest and penalties if full tax is paid by March 31, 2025....
Goods and Services Tax : Guidance on GST registration for applicants in 'Other Territory' near India's coasts; select Mumbai South or Chennai North Commiss...
Goods and Services Tax : GSTN introduces Form DRC-03A to streamline demand payment adjustments. Taxpayers can now link DRC-03 payments with outstanding dem...
Goods and Services Tax : From April 1, 2025, taxpayers with AATO of ₹10 crores must report e-invoices within 30 days on the IRP portal....
Determination of the taxable event in any tax law is of utmost significance as the levy of tax is based on occurrence of that event. Before we proceed further to understand and analyse the taxable event under the GST regime, it is imperative to first understand the taxable events under the present indirect taxation:
The new return filing process envisages preparation of invoice-wise sales and purchase annexure. For this dealer is required to visit to MSTD Web-site and download the return template form. The new process of filing of returns for the periods starting from Apr 2016 is being explained
The present Trade Circular is divided into two parts. PART-1 deals with the submission of application under Settlement Act electronically whereas the PART-11 covers the certain queries related to the Settlement Act.
GST it is popularly believed that it is a “Single rate” taxation with a myth that “One India” “One Rate”. Most of the people start appreciating the move without understanding the real intention of the State and Central legislators.
To understand various scenarios & determinants when the Goods or Services shall be taxable under the new GST Regime. The answer lies in understanding Time of Supply Rules for Goods & Services as specified in Chapter IV of Draft GST Law. These rules shall be the determinants of the point in time when the goods & services shall become taxable.
Commissioner, Value Added Tax, Government of NCT of Delhi, do hereby withdraw notifications No. F3(643)/Policy/VAT 2016/1585-1597 dated 1st March 2016, and notifications No. F.3(643)/Policy/Vat/2016/419-431 dated 1st July, 2016 regarding mandatory requirement of filing returns in Form DVAT 16 or in Form 17, as the case may be, with digital signatures.
In exercise of the powers conferred by sub-section (5) of Section 10 of the Maharashtra Value Added Tax Act, 2002 (Mah. IX of 2005), the Commissioner of Sales Tax, Maharashtra State, Mumbai, hereby amends the Notification No. Sr. DC (A&R)/PWR/ 1006/2/ADM-3, dated the 6th October 2007 as follows, namely:
The Bill has since been ratified by the Legislative Assemblies of Assam (12.08.2016), Bihar (16.08.2016), Jharkhand (18.08.2016), Himachal Pradesh ( 22.08.2016) and Chhattisgarh (22.08.2016) and as likely to be taken up for ratification by Delhi, Madhya Pradesh and Gujarat.
As per Clause (ix) and (x) of Schedule III of Model GST Law, every e commerce operator and every aggregator who supplies services under his brand name or his trade name irrespective of the threshold limit of turnover specified (9 lakh and 4 lakh in case of north eastern states including Sikkim) will be required to get registered.
With the introduction of GST, it is evident that the telecom industry is due for a momentous overhaul given the mammoth volume of subscriber connections, value added services offered and the revenue generated from this sector. Let us decipher the repercussions of GST on telecom industry:
