CGST

Taxes you need to pay as when making money online in India

Finance - If you are Indian and considering making money online, read our comprehensive guide for the required taxes that you must pay....

Read More

Basic Overview of CGST, SGST, IGST and UTGST

Finance - Under GST, the Central Government collects CGST, SGST or IGST which is depend upon if the transaction is intrastate or it is interstate.On the off chance that the inventory of labor and products is being done inside the state then it is called as intra-state supply, and for this situation CGST and SGST will be […]...

Read More

Changes in GST RATES on services and Old vs New GST rates w.e.f 01.10.2021

Finance - Changes in GST RATES on services and Old vs New GST rates w.e.f 01.10.2021- The CBIC vide Notification No. 06/2021 Central Tax (Rate) dated September 30, 2021 has further amended Notification No. 11/2017-Central Tax (Rate) dated June 28, 2017 (“Services rate notification”), as under- 1. Wherever Section 12AA of Income Tax Act, 1961 is...

Read More

Industry Wise analysis of GST Rate Notifications applicable from 01.10.2021

Finance - INDUSTRY WISE ANALYSIS OF GST RATE NOTIFICATIONS APPLICABLE FROM 1ST OCTOBER 2021 Notification No. 06/2021 – Central Tax (Rate)  1. Works Contract Service for Charitable Organizations – GST @12% would be charged on Works Contract by way of construction, erection, commissioning, installation, completion, fitting out, repair, ...

Read More

Exhaustive Analysis of GST Notifications issued by CBIC on 30.09.2021

Finance - To give effect to Recommendation of 45th GST Council meeting CBIC has issued 22 GST Rate Notifications on 30.09.2021. Notifications amends GST Rate on Services and Goods, Exempts certain services and Goods from GST, notified RCM applicability on supply of mentha oil by unregistered person to registered person and imposed Compensation Cess...

Read More

GST collection for Oct 2021 registered second highest since GST implementation

Finance - GST collection for October 2021 registered the second highest since implementation of GST ₹ 1,30,127 crore gross GST revenue collected in October Revenues for the month of October 2021 are 24% higher than the GST revenues in the same month last year and 36% over 2019-20 The gross GST revenue collected in the month of […]...

Read More

Credit Anti-profiteering penalties in the Consumer Welfare Fund

Finance - Leading consumer and public policy research and advocacy group, CUTS International has requested the Finance Minister, Ms Nirmala Sitharaman that penalties under the Central GST Act, 2018 for profiteering should be deposited in the Consumer Welfare Fund....

Read More

Updated Central Goods and Services Tax Rules, 2017

Finance - This article have updated Central Goods and Services Tax Rules, 2017 / CGST Rules, 2017, which were initially released on 19th June 2017 and amended by various notifications issued from time to time. CGST Rules are updated with notifications issued till 18th May 2021. Central Goods and Services Tax Rules, 2017 Contains the following- Chap...

Read More

Relief measures for taxpayers under GST in view of COVID-19

Finance - In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued notifications, all dated 1st May, 2021, providing various relief measures for taxpayers. These measures are explained b...

Read More

Reinstate Audit Provisions Under GST Laws

Finance - One of the changes proposed in the budget vide Section 101 & 102 of the Finance Act. 2021 is deletion of sub-section (5) of Section 35 of the CGST Act 2017 and substitution of Section 44 of the CGST Act 2017. Before this amendment was proposed, it was mandatory for every registered person whose Aggregate turnover exceeded Rs. 2 Crores in ...

Read More

Individual avoiding appearance before competent authority without any just excuse cannot escape coercive action including arrest

Directorate General of GST Intelligence Vs Pankaj Agarwal (Jharkhand High Court) - Directorate General of GST Intelligence Vs Pankaj Agarwal (Jharkhand High Court) Individual avoiding appearance before competent authority without any just excuse cannot escape coercive action including arrest Hon’ble High Court of Jharkhand by an order dated July 09, 2021, observed that section 6...

Read More

Patiala House Court denies bail to man charged with obtaining fraudulent ITC

State Vs. Yogesh Kumar Goyal (Patiala House Court) - The Applicant is accused of procuring bogus bills from companies that did not exist in order to claim Input Tax Credit (ITC) and hence was taken into Judicial Custody (JC). The Applicant thereby has contended that the companies in question have ceased to manufacture goods but have not ceased to exis...

Read More

Electronic credit ledger cannot be blocked for any period in excess of one year

M/s Vimal Petrothin Private Limited. Vs Commissioner, CGST and others (Uttarakhand High Court) - M/s Vimal Petrothin Private Limited. Vs Commissioner, CGST and others (Uttarakhand High Court) Petitioner’s electronic credit ledger cannot be blocked for any period in excess of one year, in view of express provision contained in Sub-Rule (3) of Rule 86(A) of C.G.S. T. Rules. Thus, he submits tha...

Read More

AAR Maharashtra allows ‘Rotary Club of Bombay Bayview’ to withdraw application

In re Rotary Club of Bombay Bayview (GST AAR Maharashtra) - In re Rotary Club of Bombay Bayview (GST AAR Maharashtra) The applicant has submitted a letter via email dated 04.06.2021 and requested that they may be allowed to voluntarily withdraw their subject application tiled on 20.07.2020. The request of the applicant to withdraw their application voluntari...

Read More

Personal bank accounts of promoters cannot be attached under CGST

Roshani Sana Jaiswal Vs Commissioner of Central Taxes (Delhi High Court) - Roshani Sana Jaiswal Vs Commissioner of Central Taxes (Delhi High Court)  Delhi High Court which ruled that  personal bank accounts of promoters cannot be attached under CGST 1. The respondent, before triggering the provisions of Section 83 of the Act, had to satisfy itself that there was a ‘...

Read More

CBIC extends tenure of NAPA & amends Form GST DRC-03

Notification No. 37/2021–Central Tax - (01/12/2021) - CBIC vide Notification No. 37/2021–Central Tax extends tenure of National Anti-Profiteering Authority (NAPA) to 5 years and amended FORM GST DRC-03. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 1st December, 2021 Notification No. 37/2021...

Read More

Notification No. 17/2021-Central Tax (Rate), Dated: 18.11.2021

Notification No. 17/2021-Central Tax (Rate) [G.S.R. 813(E).] - (18/11/2021) - Seeks to amend Notification No 17/2017- Central Tax (Rate) dated 28.06.2017 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 17/2021-Central Tax (Rate) G.S.R. 813(E).—In exercise of the powers conferred by sub-section (5) of section 9 of the Central G...

Read More

Notification No. 16/2021-Central Tax (Rate), Dated: 18.11.2021

Notification No. 16/2021-Central Tax (Rate) [G.S.R. 810(E).] - (18/11/2021) - Seeks to amend Notification No 12/2017- Central Tax (Rate) dated 28.06.2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 16/2021-Central Tax (Rate) G.S.R. 810(E).—In exercise of the powers conferred by sub-sections (3) and (4) of section 9, sub-...

Read More

Notification No. 15/2021- Central Tax (Rate), Dated: 18.11.2021

Notification No. 15/2021- Central Tax (Rate) [G.S.R. 807(E).] - (18/11/2021) - Seeks to amend Notification No 11/2017- Central Tax (Rate) dated 28.06.2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 15/2021- Central Tax (Rate) G.S.R. 807(E).—In exercise of the powers conferred by sub-section (1), sub-section (3) and sub­s...

Read More

Notification No. 14/2021-Central Tax (Rate), Dated: 18.11.2021

Notification No. 14/2021-Central Tax (Rate) [G.S.R. 816(E)] - (18/11/2021) - Seeks to further amend notification No. 01/2021-Central Tax (Rate) dated 28-06-2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 14/2021-Central Tax (Rate) G.S.R. 816(E).—In exercise of the powers conferred by sub-section (1) of section 9 and sub...

Read More

Recent Posts in "CGST"

Taxes you need to pay as when making money online in India

If you are Indian and considering making money online, read our comprehensive guide for the required taxes that you must pay....

Read More

CBIC extends tenure of NAPA & amends Form GST DRC-03

Notification No. 37/2021–Central Tax 01/12/2021

CBIC vide Notification No. 37/2021–Central Tax extends tenure of National Anti-Profiteering Authority (NAPA) to 5 years and amended FORM GST DRC-03. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 1st December, 2021 Notification No. 37/2021–Central Tax G.S.R. 842(E).—In exerci...

Read More

GST collection for Oct 2021 registered second highest since GST implementation

GST collection for October 2021 registered the second highest since implementation of GST ₹ 1,30,127 crore gross GST revenue collected in October Revenues for the month of October 2021 are 24% higher than the GST revenues in the same month last year and 36% over 2019-20 The gross GST revenue collected in the month of […]...

Read More

Notification No. 17/2021-Central Tax (Rate), Dated: 18.11.2021

Notification No. 17/2021-Central Tax (Rate) [G.S.R. 813(E).] 18/11/2021

Seeks to amend Notification No 17/2017- Central Tax (Rate) dated 28.06.2017 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 17/2021-Central Tax (Rate) G.S.R. 813(E).—In exercise of the powers conferred by sub-section (5) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2...

Read More

Notification No. 16/2021-Central Tax (Rate), Dated: 18.11.2021

Notification No. 16/2021-Central Tax (Rate) [G.S.R. 810(E).] 18/11/2021

Seeks to amend Notification No 12/2017- Central Tax (Rate) dated 28.06.2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 16/2021-Central Tax (Rate) G.S.R. 810(E).—In exercise of the powers conferred by sub-sections (3) and (4) of section 9, sub- section (1) of section 11, sub-section ...

Read More

Notification No. 15/2021- Central Tax (Rate), Dated: 18.11.2021

Notification No. 15/2021- Central Tax (Rate) [G.S.R. 807(E).] 18/11/2021

Seeks to amend Notification No 11/2017- Central Tax (Rate) dated 28.06.2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 15/2021- Central Tax (Rate) G.S.R. 807(E).—In exercise of the powers conferred by sub-section (1), sub-section (3) and sub­section (4) of section 9, sub-section (1)...

Read More

Notification No. 14/2021-Central Tax (Rate), Dated: 18.11.2021

Notification No. 14/2021-Central Tax (Rate) [G.S.R. 816(E)] 18/11/2021

Seeks to further amend notification No. 01/2021-Central Tax (Rate) dated 28-06-2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 18th November, 2021 Notification No. 14/2021-Central Tax (Rate) G.S.R. 816(E).—In exercise of the powers conferred by sub-section (1) of section 9 and sub­section (5) of section 15 of the Centra...

Read More

Increase in GST Rate on Information Technology software to 18%

Notification No. 13/2021-Central Tax (Rate) [G.S.R. 763(E)} 27/10/2021

MINISTRY OF FINANCE (Department of Revenue) Notification No. 13/2021-Central Tax (Rate) New Delhi, the 27th October, 2021 G.S.R. 763(E).—In exercise of the powers conferred by sub-section (1) of section 9 and subsection (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recomme...

Read More

Basic Overview of CGST, SGST, IGST and UTGST

Under GST, the Central Government collects CGST, SGST or IGST which is depend upon if the transaction is intrastate or it is interstate.On the off chance that the inventory of labor and products is being done inside the state then it is called as intra-state supply, and for this situation CGST and SGST will be […]...

Read More

Changes in GST RATES on services and Old vs New GST rates w.e.f 01.10.2021

Changes in GST RATES on services and Old vs New GST rates w.e.f 01.10.2021- The CBIC vide Notification No. 06/2021 Central Tax (Rate) dated September 30, 2021 has further amended Notification No. 11/2017-Central Tax (Rate) dated June 28, 2017 (“Services rate notification”), as under- 1. Wherever Section 12AA of Income Tax Act, 1961 is...

Read More

Browse All Categories

CA, CS, CMA (5,816)
Company Law (7,832)
Custom Duty (8,857)
DGFT (4,673)
Excise Duty (4,567)
Fema / RBI (4,906)
Finance (5,292)
Income Tax (39,010)
SEBI (4,225)
Service Tax (3,829)

Search Posts by Date

December 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031