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...
In re Casa Rouge Owners Association (GST AAR Telangana) In the reference 1st cited, M/s. Casa Rouge Owners Association, Hyderabad, (36AACAC1805C1ZG) has sought certain clarification by filing an application for Advance Ruling. The Case was posted for personal hearing on 05-01-2022, 10-03-2022, 24-03-2022, 06-04-2022. 27-04-2022& 28-06-2022. However, in the reference 13th cited, M/s. Casa Rouge […]
DGGI Gurugram arrests one person for fraudulently availing ITC and evading GST of Rs 52.04 crore The Gurugram Zonal Unit (GZU) of Directorate General of GST Intelligence (DGGI), has arrested one person under the provisions of the GST Act on charges of availment of Input Tax Credit on the strength of goods-less invoices. An intelligence […]
Get detailed clarification on demand and penalty on FAKE INVOICES under GST. Learn about the provisions and actions taken by CBIC.
Understanding the recent changes in GST on unbranded specified food items. Get insights on the recommendations made by the GST Council.
Rescinds notification No. 47/2017- Integrated Tax (Rate) vide Notification No. 11/2022-Integrated Tax (Rate) Dated: 13th July, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 11/2022-Integrated Tax (Rate) Dated: 13th July, 2022 G.S.R. 566(E).-In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and […]
Rescinds notification No. 45/2017- Union Territory Tax (Rate) vide Notification No. 11/2022-Union Territory Tax (Rate) Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 11/2022-Union Territory Tax (Rate) Dated: 13th July, 2022 G.S.R. 567(E).-In exercise of the powers conferred by sub-section (1) of section 8 of the […]
Seeks to amend notification No. 2/2017- Union Territory Tax (Rate) vide Notification No. 10/2022-Union Territory Tax (Rate) |Dated : 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) Notification No. 10/2022-Union Territory Tax (Rate) |Dated : 13th July, 2022 G.S.R.564(E).– In exercise of the powers conferred by sub-section (1) of section 8 and clause […]
Seeks to amend notification No. 2/2022- Integrated Tax (Rate) vide Notification No. 10/2022-Integrated Tax (Rate) Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 10/2022-Integrated Tax (Rate) Dated: 13th July, 2022 G.S.R. 563(E).– In exercise of the powers conferred by sub-section (1) of section 6 and clause […]
Seeks to amend notification No. 05/2017-Union Territory Tax (Rate), dated the 28th day of June, 2017, vide Notification No. 09/2022-Union Territory Tax (Rate) | Dated: 13th July, 2022 Government of India Ministry of Finance (Department of Revenue) New Delhi Notification No. 09/2022-Union Territory Tax (Rate) |Dated: 13th July, 2022 G.S.R.561 (E).- In exercise of the powers […]
Seeks to amend notification No.5/2017-Integrated Tax (Rate), dated the 28th day of June, 2017, vide Notification No. 09/2022-Integrated Tax (Rate) Dated: 13th July, 2022 GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 09/2022-Integrated Tax (Rate) Dated: 13th July, 2022 G.S.R.560(E).- In exercise of the powers conferred by clause (ii) of […]
