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The Supreme Court of India has ruled that taxpayers can use their Input Tax Credit (ITC) from the Electronic Credit Ledger for mandatory pre-deposits in GST appeals, easing liquidity constraints for businesses....

Telangana AAR rules promotional scratch cards are taxable under GST, not gifts, if linked to sales targets. This decision impacts business incentive schemes....

Explore how AI can streamline complex GST compliance tasks like return filing, notice responses, and data reconciliation, while highlighting the need for human verification....

जीएसटी प्रैक्टिस में एआई से लाभ संभव, पर गलत जानकारी (hallucination) से सतर्क रहना जरूरी है। व्यवहारिक सुझावों के साथ पूरी जानकारी पढ़ें।...

The Jharkhand High Court quashed GST notices to Sri Ram Stone Works, ruling Section 61 of the CGST Act is for return scrutiny, not for comparing transaction values with market prices to allege undervaluation....

GST TDS issues like mismatches, rate disputes, and deduction errors burden infrastructure firms. Invoice-wise reporting in GSTR-7 aims to streamline reconciliation....

1. Introduction In the era of digital transformation, education has seamlessly shifted from traditional classrooms to online platforms—webinars, e-learning modules, and virtual skill development programs are now the norm. However, this evolution has brought with it a critical policy question: Do these digital learning services qualify a...

Explore the GST Invoice Management System (IMS), an optional tool launching October 2024 to streamline invoice reconciliation between suppliers and recipients, enhancing GST compliance....

Ocean freight is a process through which merchandise goods, cargo and commodities are transported by ships via shipping lines. Over 90% of all the world’s trade is carried by sea....

Section 74A replaces GST Sections 73 and 74, streamlining notices, penalties, and compliance for fraud and non-fraud cases. Key changes effective FY 2024–25....