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 : This article explains how the new Section 74A consolidates GST penalty proceedings and standardises timelines for both fraud and n...
Goods and Services Tax : This article explains how misclassifying making charges as goods leads to GST short payment and highlights the correct legal treat...
Goods and Services Tax : This article clarifies the legal distinction between system-generated mismatch intimations and officer-led best judgment assessmen...
Goods and Services Tax : The article explains that GST violations alone do not trigger PMLA unless they are connected to a scheduled predicate offence such...
Goods and Services Tax : The judgment quashed GST demands raised after resolution plan approval for earlier periods. It reinforces that authorities must su...
Goods and Services Tax : Enforcement authorities uncovered a corruption racket involving illegal payments to influence GST evasion cases. The key takeaway ...
Goods and Services Tax : Stakeholders seek more time for GSTR-9 and 9C as new ITC reporting rules introduce granular, multi-year reconciliations that signi...
Goods and Services Tax : A tax audit official was arrested while accepting ₹5 lakh as part of an alleged bribe to reduce a proposed tax demand. The case ...
Goods and Services Tax : Parliament was told that GST paid on MPLADS projects is part of execution cost and does not reduce the ₹5 crore yearly entitleme...
Goods and Services Tax : The representation seeks more time to file GST annual returns citing extensive amendments and late clarifications. It urges an ext...
Goods and Services Tax : Karnataka High Court provides guidelines for arriving at differential tax amount due to change in tax regime from VAT to GST on wo...
Goods and Services Tax : This decision clarifies that affiliation and related functions lack commercial intent and consideration. As a result, GST cannot b...
Goods and Services Tax : Karnataka High Court held that custodial interrogation in the matter of fraudulent availment and passing of fake Input Tax Credit ...
Goods and Services Tax : Karnataka High Court held that liquidated damages on account of breach of the contract is not taxable under the provisions of Cent...
Goods and Services Tax : Karnataka High Court held that marketing support services and technical support services provided to foreign company in Singapore ...
Goods and Services Tax : The government has classified key customs and GST platforms as protected systems under Section 70 of the IT Act. This move enhance...
Goods and Services Tax : The GST Portal now enables electronic filing of opt-in declarations for declaring hotel premises as “specified premises.” The ...
Goods and Services Tax : Import IGST posted nearly 20% growth, boosting overall GST collections. Net GST growth remained moderate after accounting for refu...
Goods and Services Tax : Biris are expressly listed under the 9% schedule, distinct from other tobacco items. This creates product-specific clarity for UTG...
Goods and Services Tax : Biris are specifically classified in the 18% schedule, separate from other tobacco items. This creates a distinct IGST treatment f...
Provided that different dates may be appointed for different provisions of this Act and any reference in any such provisions to the commencement of this Act shall be construed as a reference to the coming into force of that provision.
जी.एस.टी. में मिसमैच की समस्या- आइये पहले यह समझ लें कि यह मिसमैच की समस्या है क्या जिसको लेकर इस समय वेट डीलर्स पूरे देश में परेशान रहते है और क्या स्वरुप लेगी यह समस्या वाले जी.एस.टी. युग में . आइये इस समस्या को एक प्रश्न और उसके उदाहरण के द्वारा के समझने का प्रयास करें
Articles contain -1.Background of works contract 2. Tax treatment for works contract under current regime 3. Works contract under GST 4. Taxation of works contract under GST 5. Impact of GST on real estate project
Section 10 of the CGST Act 2017 deals with the Composition Levy Scheme. As Per the Said Section notwithstanding to the contrary contained in the Act but subject to Sec 9(3) & (4) (Which basically deals with the payment of Tax under Reverse charge), a Registered Person, whose aggregate turnover in the preceding financial year […]
Draft Rule for issue of Credit Transfer Document to be inserted in the CENVAT Credit Rules, 2004 for transfer of cenvat credit paid on specified goods available with a trader as on appointed date. A.(1) A manufacturer who was registered under Central Excise Act, 1944 (hereafter referred as manufacturer in this rule) may issue a […]
Goods and Service Tax Council has approved final Transition Rules and related form i.e. Form GST TRAN – 1 – Transitional ITC / Stock Statement and Form GST TRAN – 2.
24 States pass the State GST (SGST) Act While 7 States viz. Meghalaya,Punjab,Tamil Nadu, Kerala, Karnataka, Jammu & Kashmir and West Bengal have yet to pass the SGST Act. Twenty Four (24) States have passed the State GST (SGST) Act till today i.e. 5th June, 2017 while 7 States viz. Meghalaya, Punjab,Tamil Nadu, Kerala, Karnataka, […]
Cabinet Secretary asks the different Ministries/Departments and Public Sector Undertakings (PSUs) under these Ministries to set-up and activate a GST Facilitation Cell to provide all possible support to the business and industry sector for the smooth roll-out of GST with effect from 1st July, 2017.
In all interactions with Trade Industry and general public, it should be clearly indicated by officers at all levels that the target date of implementation is 1st July, 2017 only, and the implementation of this big reform will not be deferred beyond this date. Any speculation in any quarters regarding deferment or implementation date should be quelled effectively.
मान लीजिये बाकी सभी जी.एस.टी. से जुडी प्रक्रियाओं के लिए तो आपको समय मिल जाएगा लेकिन 1 जुलाई 2017 को ज्यों ही आप अपने व्यवसाय स्थल पर पहुचेंगे तो आपका जो पहला ग्राहक आपसे माल खरीदेगा उसे जी.एस.टी. से जुडी पहली प्रक्रिया के रूप में आपको एक बिल काटना होगा तो आइये बात करें कि जी.एस.टी. के दौरान पहली प्रक्रिया के रूप में आप टैक्स इनवॉइस या बिल किस तरह से काटेंगे .
