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 : Learn the key differences between B2B and B2C credit notes under GST and how to handle them in compliance with tax laws....
Goods and Services Tax : Understand key updates in GST Amnesty Scheme under Section 128A as per Rule 164 amendments. Comply by 31-03-2025 to avoid penaltie...
Goods and Services Tax : Learn about GST credit notes under Section 34, including issuance conditions, time limits, reporting in returns, and impact on sup...
Goods and Services Tax : CBIC clarifies GST amnesty payment via GSTR-3B, amends Rule 164 for partial period demands. Deadline nears for relief under Sectio...
Goods and Services Tax : Learn about Section 128A of the CGST Act, eligibility, payment process, deadlines, and procedural clarifications for availing waiv...
Goods and Services Tax : From April 1, 2025, 2FA is mandatory for taxpayers and transporters using the e-Way Bill and e-Invoice systems. Learn about OTP a...
Goods and Services Tax : CBI arrests CGST Superintendent and a private individual in Delhi for accepting ₹13,000 bribe. Investigation ongoing....
Goods and Services Tax : Details on waitlisted railway ticket revenue, GST collection, and refund policies. Learn about cancellation charges and government...
Goods and Services Tax : Tax Bar Association requests an extension of the GST Amnesty Scheme tax payment deadline from March 31 to May 31, 2025, citing lim...
Goods and Services Tax : Understand GST rules for restaurant services in 'specified premises' post-April 2025. Learn about tax rates, declarations, and ITC...
Goods and Services Tax : Allahabad High Court sets aside GST demands against non-existent Max Ventures, ruling that proceedings cannot continue post-merger...
Goods and Services Tax : Madras High Court quashes GST demand order, directs authorities to reconsider after reviewing Karthik Kumar Yogapriya's reply, ens...
Goods and Services Tax : Andhra HC nullifies GST assessment due to missing DIN, citing Supreme Court precedent. New assessment allowed with DIN, excluding ...
Goods and Services Tax : Madras HC directs tax authorities to decide on Vishnu Industries’ rectification plea regarding GST mismatch in GSTR-1 and GSTR-3...
Goods and Services Tax : Uttarakhand High Court allows GST registration revocation for Mohan Bahuguna, directing application filing and payment of outstand...
Goods and Services Tax : All CGST field formations will be operational on 29th, 30th, and 31st March 2025 to ensure uninterrupted service during the financ...
Goods and Services Tax : The CBIC has amended GST Rules 2017, introducing changes in refund eligibility and appeal procedures. Effective from March 27, 202...
Goods and Services Tax : New GST circular clarifies payment via GSTR-3B for Section 128A benefits, and appeal withdrawals for mixed period demands....
Goods and Services Tax : Maharashtra's 2025 Act allows PSUs to settle tax arrears, interest, penalties, and fees under various state tax laws. Learn about ...
Goods and Services Tax : Learn about the Kerala SGST Act's interest and penalty waiver under Section 128A, eligibility, application process, and compliance...
The GSTN is developing a common GST portal and applications for registration, payment, return and monthly information system reports. The GSTN would also be integrating the common GST portal with the existing tax administration. IT systems and would be building interfaces for tax payers. Further the GSTN is developing back end modules like assessment, audit, refund, appeal etc., for 19 States and UTs (Model II States). The CBEC and Model I States 15 in number are themselves developing their GST back end systems.
The centre of the litigation was the valuation of such service. Both the laws provided independent valuation measures and that is why the situation of double taxation occurred. VAT and service tax was being paid on the same value. Various judicial pronouncements having immense significance were rendered from time to time like the decision given in the case of Bhayana Builders [2013 (32) S.T.R. 49 (Tri.-LB)] where it was concluded that free supply of material will not be added to the taxable value of service for calculating the service tax.
THE RAJASTHAN GOODS AND SERVICES TAX BILL, 2017- An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the State of Rajasthan and the matters connected therewith or incidental thereto.
Unmatched ITC means ITC not matched due to one of the TIN not being uploaded in either Annexure J1 or Annexure J2. Whereas, mismatched ITC is due to the difference in amounts of transaction disclosed by the respective buyer and supplier in their Annexure j2 and Annexure j1, respectively.
As you are aware, an ONLINE DASHBOARD has been created for the GST AWARENESS CAMPAIGN, which is spearheaded by all officers and staff of CBEC to reach out to all stakeholders even in the smallest of towns and cities. For the citizens across India, this online DASHBOARD gives complete details on the GST outreach programmes of CBEC in all parts of the country, both proposed as well as past events, date-wise, location wise.
The First step towards the transaction of GST will be the carry forwarding of the Inputs held in stock on the appointed day and its quantification thereof. Sections 139 to 142 of the GST Act, 2017 deals with transition provisions.
INTEGRATED GOODS AND SERVICES TAX ACT, 2017 deals with Levy and collection of tax, exemption from tax, nature of supply whether inter or intra state, place of supply of goods or services whether within or outside India, Special provision for online information services, zero rated supply, Tax refunds on exports and Tax refunds to tourists.
Circular no. 06 of 2005 dated 15/06/2005 regarding the disposal of refunds stands withdrawn with immediate effect. This issues with the approval of the competent authority
Please find attached GST – Financial Impact Sheet / Calculator, which can be used for evaluating Financial Impact of GST on a business.
CA Sanjeev Singhal It is important to understand provision of GST law that when the registration is required like at what value of turnover , kind of person covered for registration, what are the situation where registration is required without the threshold limit means after the occurring of particular transaction or transaction by particular person. […]
