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 : Understand GST provisions for residential and commercial property renting, including RCM applicability, tax rates, and input tax c...
Goods and Services Tax : Stay on top of GST compliance in April 2024 with our comprehensive calendar. Get essential information on filing frequencies, due ...
Goods and Services Tax : Stay updated with Tax Compliance Tracker for Income Tax and GST. This tracker provides due dates for various tax-related filings a...
Goods and Services Tax : Misclaimed ITC under GST can lead to disputes. Learn about corrections, legal frameworks, and deadlines to avoid penalties and int...
Goods and Services Tax : West Bengal AAR rules food supply to hospital canteens taxable under GST. Catering services by third parties not exempt under heal...
Goods and Services Tax : Simplify GST learning with memory techniques. Join live sessions, master CGST sections, and retain knowledge effortlessly. Registe...
Goods and Services Tax : Analysis of GST rates on life/health insurance and lifesaving drugs. Details of revenue, concessions, and GST Council discussions ...
Goods and Services Tax : GST on educational services includes exemptions for institutions and books, but coaching services attract 18% GST. Learn about GST...
Goods and Services Tax : Learn to manage GST invoices easily with the new IMS. Join our webinar on 24th Nov to improve ITC claims and error reduction. Regi...
Goods and Services Tax : GSTN alerts taxpayers about duplicate invoices in GSTR-2B for September and October 2024. Resolution is underway; QRMP taxpayers a...
Goods and Services Tax : There is nothing which would indicate that the petitioner had received any consideration from the Government, the KIIFB or the Gen...
Goods and Services Tax : Orissa High Court reinstates taxpayer's appeal, acknowledging health issues that prevented attendance at hearings, allowing furthe...
Goods and Services Tax : The Court further observes and directs that in the eventuality the amount lying in the frozen accounts mentioned in the Show Cause...
Goods and Services Tax : Kerala High Court held that amount of interest received by the foreman of a chit on defaulting subscriptions cannot be said to be ...
Goods and Services Tax : Allahabad HC issued notice to Revenue as GST portal lacked an option to appeal against rejection of transitional credit in Form GS...
Goods and Services Tax : Detailed analysis of GST revenue collections for November 2024, including gross and net figures, state-wise growth, and year-on-ye...
Goods and Services Tax : Explore the GSTN's e-invoice glossary and step-by-step guide for easy understanding and reporting of e-invoices under GST....
Goods and Services Tax : Ministry of Finance corrects GSTAT jurisdiction notification, replacing "Alwar" with "Ajmer" under Jaipur jurisdiction. Details up...
Goods and Services Tax : GSTN shares a consolidated list of approved B2B e-Invoice verification apps for taxpayers to download and stay updated....
Goods and Services Tax : Madhya Pradesh GST applicants must complete biometric Aadhaar authentication and document verification at GSK. Appointment booking...
Utkarsh Ispat LLP Vs State of Gujarat (Gujarat High Court) In the case on hand, HC do not approve the provisional attachment of the goods, stock and receivables, more particularly, when the entire stock and receivables have been pledged and a floating charge has been created in favour of the Kalupur Commercial Bank Limited for […]
We appreciate that registration process is much more improved under GSTN system than earlier laws. Due to Aadhar card, Pan card the KYC norms are reliable to decide the Genuineness of a person. Other documents may be considered accordingly.
Who Required To Take Registration Under GST Act 2017 If supplier having aggregate Turnover in a FY exceeds 20 lakh (in case of north & eastern state 10 lakh) section 22 (i) But in case of goods only limit is 40 lakh. [GST Notification No. 10/2019 Date 07/03/2019 C.T w.e.f -1.4.2019] Persons Not Liable for […]
PROVISIONS RELATED TO INTEREST UNDER GST ACT 2017 Case Sr. No. Section of CGST Act. 2017 Particulars Rate of Interest Interest payable/paid by RP 1. 50(1) Not Deposit/Short deposit within prescribed time under the GST Act. 2017 18% 2. 50(3) Claim of Wrong/undo ITC or Short showing Output liabilities u/s section 42(10) and 43(10) 24% […]
Deployment of Interest Calculator in GSTR-3B 1. The new functionality of interest calculator in GSTR-3B is now live on the GST Poral. 2. This functionality will facilitate & assist the taxpayers in doing self-assessment. This functionality will arrive at the system computed interest on the basis of the tax liability values declared by the taxpayers, […]
In re Stonorti Marketplace Private Limited (GST AAR Rajasthan) Question: Whether the services supplied by the applicant by way of educating and training physical, mental and spiritual practices of Yoga is exempted under Notification No. 12/2017-CT(R) dated 28-06-2017 under entry number 80? Answer: NO, it is not exempted. It will be covered under service having description […]
In re Shrivika Foodcraft (Prop. Mrs. Richa Jalani) (GST AAR Rajasthan) Supply of food by the entity partially or completely cooked in the central kitchen through or from the various eating joints would be covered by ‘restaurant service’ and the supply of all the items of food and beverages offered by the eating joints/central kitchen […]
Whether amount paid UNDER PROTEST during the course of investigation is refundable? During the course of investigation proceedings, the Taxable Person voluntarily (GST -DRC-03) deposits some amount, primarily to buy peace with the Investigation authorities. More often than not, this amount gets blocked until the final conclusion of the Investigation is met. However, if the […]
GST cannot be levied upon the land which is a property of the state and is an immovable asset. The Schedule III of CGST Act’2017 note implies that the sale of Land or Buildings is neither goods nor services.
Under GST laws, the definition of ‘Works Contract’ has been restricted to any work undertaken for an ‘Immovable Property‘ unlike the existing VAT and Service Tax provisions where works contracts for movable properties were also considered. The Works Contracts has been defined in Section 2(119) of the CGST Act, 2017 as “works contract” means a […]
