Understand the Goods and Services Tax (GST) and its impact on businesses. Learn about GST rates, compliance requirements, and its role in simplifying taxation. Stay updated with the latest GST news and updates.
Goods and Services Tax : This article explains the composition levy scheme under Section 10 of the CGST Act, including eligibility, tax rates, compliance o...
Goods and Services Tax : The article explains how GST composition scheme, exemption rules, and time of supply provisions work in practice. It highlights co...
Goods and Services Tax : The GST Invoice Management System (IMS) promises stronger ITC reconciliation, fraud prevention, and invoice-level transparency. Ho...
CA, CS, CMA : The article summarizes important notifications, circulars, judicial rulings, and regulatory changes issued between 11–17 May 202...
Goods and Services Tax : The article examines how denying ITC to genuine buyers due to supplier tax default creates constitutional and commercial concerns ...
Goods and Services Tax : Representation addressed to Union Finance Minister, GST Council and CBIC seeks legislative and administrative relief for bona fide...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims based on fake invoices without actual supply of goods or services. The accused was arr...
Goods and Services Tax : The representation highlights ambiguity in whether the ₹2.5 crore ITC threshold should be annual or cumulative. It emphasizes th...
Goods and Services Tax : Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights str...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims exceeding ₹8 crore without actual supply of goods. The ruling highlights that ITC is...
Goods and Services Tax : The Calcutta High Court set aside cancellation of GST registration for non-filing of returns, observing that preventing business o...
Goods and Services Tax : Punjab and Haryana High Court granted regular bail to an accused linked to alleged fake GST billing and forged documents. The Cour...
Goods and Services Tax : Gujarat High Court upheld confiscation proceedings under Section 130 after noting that goods were transported without an e-way bil...
Goods and Services Tax : The Andhra Pradesh High Court held that GST recovery proceedings under Section 79 can be initiated against a bank after an assessm...
Goods and Services Tax : The Allahabad High Court considered a challenge to amended CGST provisions restricting ITC despite valid invoices and payment of t...
Goods and Services Tax : GSTN has launched a standardized Annexure-B Offline Utility for refund applications involving accumulated ITC to enable automated ...
Goods and Services Tax : The GST Appellate Tribunal issued a detailed order constituting benches across India and classifying GST disputes into three categ...
Goods and Services Tax : The Principal Bench of GSTAT instructed scrutiny officers not to raise defects where appellants upload required soft copy document...
Goods and Services Tax : The Central Government amended Notification No. 14/2018-UT Tax by replacing officials listed against Serial No. 2. The notificatio...
Goods and Services Tax : The Central Government has authorized the GSTAT Principal Bench, New Delhi, to hear appeals under Section 101B of the CGST Act. Th...
Explore the response from the Indian Government regarding the issuance of GST concession certificates to disabled individuals. Learn about the state-wise distribution of beneficiaries and whether the government plans to reduce the percentage consideration for disability for availing concessions.
Explore the response from the Indian Government regarding the consideration of reducing the GST rate on millet-based health mix products and ready-to-eat millets products. Learn about the decision made by the GST Council and its implications.
Goods and Services Tax Network (GSTN) and its relationship with the Prevention of Money Laundering Act (PMLA). Explore the discussions around bringing GSTN under PMLA, its potential impact on businesses, and concerns about its implications on trade and industry.
Learn about latest updates in user management at National Informatics Centre, including sub-user access to e-Invoices and IRNs generated by main user.
Explore the detailed analysis of the new Rule 88D of CGST Rules, 2017 through Notification No.38/2023-Central Tax dated 4th August, 2023. Learn how this rule impacts taxpayers’ input tax credit claims and compliance.
“Unveiling the intricacies of E-Invoicing starting August 1, 2023! Explore the rules, applicability, and advantages of E-Invoicing in GST. Learn who needs to comply, the turnover thresholds, and the consequences of non-issuance. Stay ahead to streamline your business processes.
“Explore the impact of GST on healthcare services. Currently exempt, healthcare providers face increased costs without input tax credit. Learn about GST rates on medical equipment, the classification of healthcare services, and exemptions. Discover the potential benefits of allowing input credits and proposing a lower GST rate, fostering healthcare infrastructure development and reducing the burden on patients. Stay informed about recent changes and clarifications, ensuring compliance with GST regulations in the healthcare sector.
Delhi High Court rules that DGGI’s communication to freeze bank accounts without proper authorization is invalid. Details and analysis of M/s. Redamancy World case.
Learn about GST provisions for ECO supply without registration. Understand conditions, PAN validation, and enrolment process. Analysis and examples provided.
HC set aside demand raised on ground that assessee instead of passing ITC through Form GST ITC-02 transferred ITC through Form GSTR-3B and held that the stand of Revenue Department was not correct since Form ITC-02 was not live on common portal.
