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 : Explore the complexities of GST on corporate guarantees, recent legal challenges, valuation rules, and industry concerns regarding...
Goods and Services Tax : Learn about Reverse Charge Mechanism (RCM) under GST, its applicable goods/services, suppliers, recipients, and GST rates. Stay up...
Goods and Services Tax : The Finance Act 2025 retroactively amends GST ITC provisions, limiting credits for construction of immovable properties, impacting...
Goods and Services Tax : This article explores the risks associated with over submission in GST litigation, its impact on legal outcomes, and the best prac...
Goods and Services Tax : Recent GST directive mandates written grounds for arrest, aligning with legal rights. Learn implications and changes in arrest pro...
Goods and Services Tax : West Bengal's GST share dropped from 4.6% in 2019-20 to 4% in 2024-25. Learn about factors affecting revenue, government measures,...
Goods and Services Tax : Government addresses GST exemption on health & life insurance premiums, forming a GoM for review. Key updates on current exemption...
Goods and Services Tax : The government addresses GST complexities with reforms, fraud crackdowns, and MSME compliance relief. Learn about tax slabs, exemp...
Goods and Services Tax : GST on leased properties remains at 18%. Recent changes exclude composition taxpayers from reverse charge liability. No central da...
Goods and Services Tax : GST on commercial training is 18%, while educational institutions' services and books are exempt. Details of GST collection and me...
Goods and Services Tax : Andhra Pradesh High Court held that time permit set out under section 73(2) of the Central Goods and Services Tax Act [CGST Act] i...
Goods and Services Tax : Gujarat High Court held that the show cause notice issued for evasion of GST by DGGI shall be adjudicated by competent authority. ...
Goods and Services Tax : Madras High Court rules that GST paid during detention can be claimed as a refund if excess tax is paid in regular returns. Key in...
Goods and Services Tax : When the power to the statutory authority is granted upto five years to modify the order, it cannot be said that the constitutiona...
Goods and Services Tax : Calcutta High Court condoned delay in GST appeal by Kamala Stores, citing S.K. Chakraborty precedent and directing appellate autho...
Goods and Services Tax : New GST registration rules require biometric or Aadhaar authentication at GSK. Complete verification within 15 days to avoid ARN r...
Goods and Services Tax : The Ministry of Finance has notified the implementation dates for specific provisions of the GST Amendment Rules, 2024. Key rules ...
Goods and Services Tax : CBIC detects Rs. 18.10 crore GST evasion in real estate and organizes a CPR training workshop for officers. Post-Budget discussion...
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...
Stay compliant with Maharashtras Profession Tax Rules effective from 01/04/2023 onwards. Learn about the analysis of Rule 11, including returns, payments, and due dates. Explore the details of Form III, Form IIIB, and MTR-6 for electronic returns and payments. Whether your tax liability is under or over Rs. 1,00,000, understand the annual and monthly return requirements. Simplify your Maharashtra Profession Tax compliance with Prakasha & Co.’s comprehensive guide.
Petitioner approached HC against order passed by appellate authority as GST Tribunal has not been constituted till date. Revenue contended that writ petition should not be admitted in wake of alternate remedy.
Errors committed are clearly inadvertent and, rectification would, in fact, enable proper reporting of turnover and input tax credit to enable claims to be made in an appropriate fashion by petitioner and connected assessees.
GST collected from students misappropriated IIT coaching industry fraud worth more than Rs. 14 crores unearthed GST collected from students misappropriated Acting upon specific intelligence, the officers of Division – VIII, Mumbai East CGST Commissionerate have detected a new modus of tax evasion in the coaching sector. A private limited company M/s Rao Edusolutions Pvt. […]
In the Health sector GST has shown several benefits in the form of improvement in operational efficiency by rationalizing the supply chain which could add 2% to the country’s pharmaceutical industry. After the amalgamation of all taxes, the burden of manifold taxes on products got reduced. This would enable the companies to look after their supply chain and distribution networks.
Explore the critical aspects of GST Section 129 governing the detention, seizure, and release of goods and conveyances in transit. Get insights into the applicable penalties, types of goods covered, and the necessary compliance steps. Prakasha & Co. offers comprehensive guidance on the intricacies of Section 129, ensuring businesses stay compliant with GST regulations. Stay informed and navigate the complexities of goods and conveyance detention under the GST Act with our expert insights.
31 मार्च 2023 जीएसटी नोटिफिकेशन 1. अधिसूचना सं. 2/2023-सीटी दिनांक 31-03-2023 GSTR-4 कम्पोजीशन रिटर्न को न भरने पर लगने वाले विलंब शुल्क में कमी कंपोजीशन डीलरों के लिए जो अपना GSTR-4 फाइल करने में विफल रहे, उनकी लेट फीस को घटाकर रु 500.00 (SGST-250.00+CGST 250.00) किया गया है और इसके अतिरिक्त यदि GSTR-4 में देय […]
Stay updated with the latest GST Portal features, compliance deadlines for April 2023, and a new GST Amnesty Scheme. Ensure timely filings, understand GST year-end tasks, and be aware of important notifications, judicial pronouncements, and press releases to navigate the complex world of GST effortlessly.
Chandra Prakash Mishra Vs Flipkart India Private Limited & Ors. (Supreme Court of India) In Chandra Prakash Mishra v. Flipkart India Pvt. Ltd. and Others (2022) 6 TMI 203; (2022) 137 taxmann.com 366 (Supreme Court), appellant preferred a civil appeal against Allahabad High Court order in a matter concerning Value Added Tax (VAT). [Flipkart India […]
Services provided by TS Transco to South Central Railway are classifiable as ‘Works Contract Service’ falling under Chapter 99, Group 99542 and are taxable @ 18%
