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 Bombay High Court held that GST deposited during investigation before adjudication could not be treated as voluntary payment. ...
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 : 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...
Unravel the complexities of GST implications on the sale of old/used vehicles. Delve into the valuation rules under CGST Rules, 2017, governing transactions involving second-hand goods. Explore key points, including the applicability of the rule, conditions for valuation, and the impact of claimed depreciation. Understand the GST rates on used vehicles, categorized by engine capacity and type.
Advisory pertaining to Goods Transport Agencies (GTAs) opting to pay tax under the forward charge mechanism According to the advisory, GTAs that have commenced their business or crossed the registration threshold on or after 1st April 2023 and wish to opt for payment of tax under the forward charge mechanism must file their declaration in […]
These instructions have been issued to prevent fake GST registrations and weed out existing fake registered taxpayers. Although these instructions are issued by the State Tax Department of Odisha, they can be applicable to both authorities and stakeholders.
Explore simplified provisions of E-Way Bill system under CGST Act. Understand rules, procedures, and compliance. Get insights into the E-Way Bill’s 5th anniversary journey, covering over 353 crore bills. Learn about E-Way Bill generation, validity, exceptions, and blocking scenarios. Stay compliant with E-Way Bill regulations.
Get insights into Form GST ASMT-10 – a notice issued under Section 61 with Rule 99 of the CGST Act. Understand the obligations of the proper officer and the taxpayer. Learn about the timelines for proceedings and consequences if discrepancies are not addressed promptly.
Explore the crucial importance of conducting an inquiry on audit discrepancies and issuing FORM GST ADT-02 before initiating action under Sec 73 or 74. Understand the procedural nuances of departmental audits, ensuring fair and legal processes. Learn about the significance of inquiry letters, findings in audits, and the issuance of FORM GST ADT-02 for transparent and lawful tax procedures.
AAR held that if burden of GST have not been passed on to employees, The applicant is eligible for proportionate ITC on permanent employee, on food supplied by canteen service to employees only and not contractual workers.
Read about the GST AAR Andhra Pradesh ruling on Om Shree Maa Mangala Logistics Pvt Ltd. Lack of documents and absence during hearing render application not maintainable.
Madras High Court held that non-submission of certified copy of order within a period of 7 days as stipulated under Rule 108(3) of the Tamil Nadu Goods and Services Tax Rules, 2017 (TNGST Act) is only a technical defect.
Explore Schedule III of the CGST Act, 2017, focusing on the exemptions related to services provided by courts or tribunals. Understand legal service exemptions and implications for businesses. Stay informed to ensure GST compliance. Contact us for expert insights and assistance.
