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...
Suraj Singh Vs Assistant Commissioner (Calcutta High Court) GST: Calcutta High Court Directs Assistant Commissioner To Grant Personal Hearing Before Passing Order Heard learned advocates appearing for the parties. By this writ petition, petitioner has challenged the impugned order passed by the Assistant Commissioner of State Tax, Asansol Charge, dated 9th March, 2022 on the […]
Explore key insights from 7 recent GST Circulars issued on 06th July 2022. Understand changes in filing, penalties, fake invoices, and more from the 47th GST Council Meeting.
Provisions of time of supply of goods or services are governed by section 12 and 13 respectively, however, in case of change in rate, provisions of time of supply will be governed by section 14 of CGST Act, 2017. Before going on the provisions under section 14, it is important to understand meaning of few relevant terms
Explore a detailed analysis of the latest GST notifications issued by CBIC on 5th July 2022, implementing the recommendations of the 47th GST Council Meeting. Stay informed about changes to annual return filing, CMP-08 due dates, late fees waiver for GSTR-4, extended timelines for demand orders, amendments to CGST rules, and updates on GSTR-9 & 9C for FY 2021-22. Stay ahead with the latest GST developments.
Explore the latest GST updates from CBIC issued on 5th July 2022 (Notification No. 09/2022–Central Tax to No. 14/2022–Central Tax). Key changes include E-Cash ledger transfers, GSTIN balance transfers, restrictions on E Credit Ledger, Interest on wrongly availed ITC, GSTR 9 exemption for FY 2021-22, CMP-08 due date, late fees waiver for GSTR-4, extended period for Demand Order issuance, rules for erroneous refund recovery, declaration on non-e-invoice issuance, UPI & IMPS for GST payments, and updates on GSTR 9 & 9C relief for FY 2021-22. Stay informed about the latest GST developments.
Gujarat High Courts landmark decision (2022 (7) TMI 127) holds that a Show Cause Notice lacking material particulars is not valid in the eyes of the law. The court sets aside the SCN/Order, emphasizing the importance of adherence to natural justice principles.
Explore the complexities and concerns arising from the recent decision to tax non-ICU hospital room charges exceeding Rs. 5000 per day at 5%, as discussed in the 47th GST Council meeting. Understand the potential impact on healthcare services, billing practices, and compliance challenges.
Notification issued by Commissioner of State Tax – Exempts the registered person whose aggregate turnover in the financial year 2021-22 is upto two crore rupees, from filing annual return for the said financial year Office of the Commissioner of Commercial Taxes, Ezhilagam, Chepauk, Chennai -600 005 Notification issued by Commissioner of State Tax, under T.N.G.S.T […]
Stay informed with a summary of GST Notifications issued on July 5, 2022. Explore changes in compliance exemptions, due date extensions, and provisions of the Finance Act 2022.
Stay updated with the latest recommendations and notifications from the 47th GST Council Meeting. Get insights into the key decisions made under GST Law.
