Goods and Services Tax : Get a detailed summary of the latest GST notifications and circulars issued on 10 July 2024, including changes in GSTR 1, ISD mech...
Goods and Services Tax : Explore the major decisions from the 53rd GST Council Meeting, including tax rate changes, compliance relaxations, and new measure...
Goods and Services Tax : Tamil Nadu AAR ruling clarifies GST applicability on goods sold from 3P FTWZ to bonded warehouse under MOOWR scheme. Analysis of S...
Goods and Services Tax : Explore the implications of GST on hotels & restaurants in India. Detailed analysis of rate changes, billing procedures, and indus...
Goods and Services Tax : Today, we are talking about cross empowerment of the Central and State Authorities under GST. It has been seen there is ambiguity ...
Goods and Services Tax : Explore the Ministry of Finance latest report on GST revenue collection in October 2023. Discover detailed analysis, state-wise fi...
Goods and Services Tax : CGST Mumbai South Commissionerate arrests a fake GST invoice racketeer, uncovering a Rs. 263 Crore fraud involving Rs. 7.66 Crores...
Goods and Services Tax : I propose that the CGST Department consider the introduction of a mechanism to remit interest on un-utilized ITC. Much like the sy...
Goods and Services Tax : In July 2023, India's GST revenue collection reached ₹1,65,105 crore, marking an 11% YoY growth. Domestic transactions saw a 15%...
Goods and Services Tax : Requested to provide one-time amnesty by waiving-off the late fees under section 47 and penalty under section 125 of the CGST Act ...
Goods and Services Tax : Madras High Court rules that appeals cannot be dismissed for procedural lapses, emphasizing timely filing. Key case: Indian Potash...
Goods and Services Tax : Calcutta HC rules IGST credit wrongly claimed instead of CGST and SGST need not be reversed. Key details on the Cosyn Limited case...
Goods and Services Tax : Explore the detailed analysis of Andhra Pradesh High Court verdict in Raghavaiah Thelapalli v. State of Andhra Pradesh and Ors., s...
Goods and Services Tax : Learn about the dismissal of Best Recharge appeal regarding interest payment on excess Input Tax Credit. Details of the case and c...
Goods and Services Tax : HC held that According to Section 12 of Limitation Act, 1963, the day order was signed and the day judgment was pronounced shoul...
Goods and Services Tax : Ministry of Finance updates Central Tax rates for railway services. Notification No. 04/2024 details tax exemptions. Effective fro...
Goods and Services Tax : CBIC notifies via Notification No. 03/2024 that agricultural packages over 25kg/25L are not considered 'pre-packaged and labelled'...
Goods and Services Tax : CBIC's Notification No. 02/2024 lowers GST rates on cartons, milk cans, solar cookers, and brooders' parts, effective 15th July 20...
Goods and Services Tax : CBDT shifts CGST functions to Superintendents of Central Tax. Circular No. 223/17/2024-GST details changes for registration and co...
Goods and Services Tax : Notification No. 15/2024-Central Tax dated 10th July 2024: E-commerce operators (not agents) now collect 0.25% (reduced from 0.50%...
CGST ghaziabad arrested the mastermind in follow up of an earlier case involved in GST fraud of Rs.783 crs. in value & fake ITC of approx 137 crs. by creating 76 bogus firms in connivance with 2 other persons using multiple PAN, mobile no etc. 3 persons have been arrested so far. PRESS NOTE CENTRAL […]
Notification No. 02/2022-Central Tax (Rate), Dated: 31.03.2022 – Seeks to provide for a concessional rate on intra state supply of bricks conditional to not availing the ITC , as recommended by 45th GST Council Meeting. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 02/2022-Central Tax (Rate) | Dated: 31st March, 2022 G.S.R. 237(E).—In […]
Notification No. 01/2022-Central Tax (Rate), Dated: 31.03.2022 – Seeks to amend notification No. 1/2017-Central Tax (Rate) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2022 Notification No. 01/2022-Central Tax (Rate) G.S.R. 236(E).—In exercise of the powers conferred by sub-section (1) of section 9 of the Central Goods and Services Tax Act, 2017 […]
Notification No. 04/2022-Central Tax, Dated: 31.03.2022 – Seeks to amend notification no. 14/2019-Central Tax to implement special composition scheme for Brick Kilns, as recommended by 45th GST Council Meeting. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2022 Notification No. 04/2022-Central Tax G.S.R. 243(E).—In exercise of the powers conferred under the proviso […]
Notification No. 03/2022-Central Tax, Dated: 31.03.2022 – Seeks to amend notification no. 10/2019-Central Tax to implement special composition scheme for Brick Kilns, as recommended by 45th GST Council Meeting. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st March, 2022 Notification No. 03/2022-Central Tax G.S.R. 242(E).—In exercise of the powers conferred by sub-section (2) […]
GST has been a landmark reform of Independent India showcasing the spirit of Cooperative Federalism. While aspirations were high, there were huge challenges too. These challenges were overcome deftly and painstakingly under the guidance and oversight of the GST Council. The right balance between facilitation and enforcement has engendered significantly better compliance. GST revenues are […]
Please find Central Goods And Services Tax Act, 2017 (CGST Act, 2017) Updated till 01.01.2022. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 12th April, 2017/Chaitra 22, 1939 (Saka) The following Act of Parliament received the assent of the President on the 12th April, 2017, and is hereby published for general information:— THE […]
CBIC amends Notification No. 11/2017 – Central Tax (Rate), dated the 28th June, 2017 related to CGST Rate on Services wef 01.01.2022 vide Notification No. 22/2021-Central Tax (Rate) Dated: 31st December, 2021. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 31st December, 2021 Notification No. 22/2021-Central Tax (Rate) G.S.R. 923(E).—In exercise of the powers conferred […]
Notification No. 21/2021-Central Tax (Rate)| Dated 31st December, 2021 Government removed Entry No. 225 of Notification No.01/2017- Central Tax (Rate), dated the 28th June, 2017 in CGST ‘Schedule I –2.5%‘ by which Footwear were Taxed at the Rate of 5% (2.5% CGST + 2.50% SGST) for Footwear of sale value not exceeding Rs.1000 per pair. Government […]
CBIC notifies Amendment in CGST rate on specified handicraft items WEF 01.01.2022 vide Notification No. 20/2021-Central Tax (Rate) Dated 28th December, 2021 by amending Notification No. 21/2018-Central Tax (Rate), dated the 26th July, 2018 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 20/2021-Central Tax (Rate) G.S.R. 898(E).— In exercise […]
