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 : Discover the structure, powers, and recent updates of the GST Council in India, including key decisions from the 53rd GST Council ...
Goods and Services Tax : Explore GST exemptions for educational institutions under Notification 12/2017(CTR) and case laws. Learn how these exemptions appl...
Goods and Services Tax : Understand Input Tax Credit (ITC) under GST: Learn about eligibility, conditions, and types of ITC. Stay updated with latest amend...
Goods and Services Tax : Understand the time limit to avail Input Tax Credit (ITC) under Reverse Charge Mechanism (RCM) and the implications for registered...
Goods and Services Tax : State directives needed to stop police from illegally checking invoices/e-way bills, hindering trade. Only GST officials have this...
Goods and Services Tax : Explore the interoperable services of E-Invoice1 and E-Invoice2 systems, boosting efficiency and reliability for taxpayers. Learn ...
Goods and Services Tax : Discover the latest API updates for E-Invoice and E-Way Bill systems, including interoperable services and new error codes for sea...
Goods and Services Tax : Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC co...
Goods and Services Tax : CBI arrests CGST Superintendent and Inspector in Solan, HP, for demanding and accepting Rs.8000 bribe, leading to searches and ong...
Goods and Services Tax : CBI arrests Superintendent of Central GST & Central Excise in Berhampur for accepting Rs. 15,000 bribe from complainant regarding ...
Goods and Services Tax : Dive into the classification of Fortified Rice Kernels (FRK) under GST laws. Understand the ruling, implications, and applicable n...
Goods and Services Tax : Kerala High Court upholds the dismissal of a writ petition, ruling that the common portal can be used for GST order communications...
Goods and Services Tax : Delhi High Court restores GST registration in Rajdhani Trading Co. vs Principal Commissioner case, citing violation of natural jus...
Goods and Services Tax : Detailed analysis of the Delhi High Court judgment in Ace Cardiopathy Solutions Pvt Ltd Vs Union of India, addressing issues with ...
Goods and Services Tax : Detailed analysis of Delhi High Court's judgment on cancellation of GST registration due to non-filing of returns. Key implication...
Goods and Services Tax : Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless...
Goods and Services Tax : Explore CBIC achievements, updates, and recent cases in the July 2024 newsletter from the Ministry of Finance, Department of Reven...
Goods and Services Tax : GST rates on solar cookers, fire water sprinklers, parts of poultry-keeping machinery, pre-packaged agricultural produce and suppl...
Goods and Services Tax : Latest GST clarifications on services including Indian Railways, RERA, digital payments, insurance schemes, and accommodation serv...
Goods and Services Tax : Learn how exporters can claim refund of additional IGST paid due to price increases post-export. Details on application process an...
In this article, I will discuss various situations having taxability implications under a deeming fiction. For the first time with the introduction of Negative List based Service Taxation, effective from 1st July 2012, a separate class of service, termed as ‘Declared Service’, was introduced under Section 66E.
Uncover the complexities of availing Bonus ITC under the GST law. Understand the importance of proper tax compliance and avoiding lapsed credits.
It is critical to comprehend the company’s operations in order to classify them as more accurately using GST codes for goods and services. Also, look over the accounting records to see if they are up to snuff, keeping in mind the GST law’s obligations. It will give the acquirer a clearer picture of how GST affects each goods and service, as well as how it affects the total GST liability.
E-invoicing for whose turnover exceeds Rs. 20 crores in a financial year with effect from (WEF) 01.04.2022 CBIC notifies vide Notification No. 1/2022 Central Tax dated 24.02.2022 that e-invoicing has been made mandatory in case of companies / firms/ Proprietors whose turnover exceeds Rs. 20.00 crores in a financial year with effect from 01.04.2022. Concept […]
Mahle Anand Termal Systems Pvt. Ltd. Vs Union of India (Bombay High Court) In this case petitioner made inadvertent errors in GSTR-1 form wherein GSTN number of the recipient of goods was mentioned incorrectly. Leading to denial of credit to the recipient. Time limit for rectification expired. Supplier made representations, however, remained unanswered. The Hon’ble […]
Guidance Notes on Supply of Goods and Services by E-Commerce Operators under GST Scenario 1. Definition of Electronic Commerce and E-Commerce Operator under GST. According to Section 2(44) of CGST Act, 2017, ‘Electronic Commerce means the supply of goods and services or both, including digital products over digital or electronic network’. An activity of buying […]
The taxpayers were facing some technical issues as a result whereof, the annual Kerala Flood Cess Return for the period 2019-20 and 2020-21 could not be furnished in time. The electronic system for the filing of Kerala Flood Cess return has now been developed and is made available for the public.
The guidelines with respect to technical issues pertaining to return scrutiny have been issued vide Internal Circular referred at Sr. No. 02. However, there are certain legal issues which have arisen in the course of the work of GST return scrutiny.
Requirement of affixing QR code is given in Rule 46 (r) as Tax invoice will contain Quick Response code, having embedded Invoice Reference Number (IRN) in it, in case invoice has been issued in the manner prescribed under sub-rule (4) of rule 48. Affixation of QR code is one out of 18 particulars on tax invoice.
Late fee waiver Notification dated 25 Feb 2022 has been issued by Government of Maharashtra. All Profession Tax returns pending up to December 2021 can be filled up to 31st March 2022 without late fee after payment of tax and interest. Read Notification Below-
