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 : The article argues that Rule 14A creates a compliance trap by restricting taxpayers from reporting actual liabilities after crossi...
Goods and Services Tax : The article examines how NGTP classifications are increasingly being used as standalone grounds for ITC blockage and fraud proceed...
Goods and Services Tax : Missing GST return deadlines triggers late fees under Section 47 and interest under Section 50, both calculated separately. Unders...
Goods and Services Tax : The Court reaffirmed that taxpayers are entitled to due process before coercive recovery measures are initiated. Recovery actions ...
Goods and Services Tax : The guide explains that GST registration certificates are available only through the GST Portal and must be downloaded manually. I...
Goods and Services Tax : Haryana recorded the highest State GST growth rate in India at 22% in May 2026. The achievement is attributed to strong tax admini...
Goods and Services Tax : Practitioners are reportedly following different methods while completing GSTAT appeal forms because of inadequate guidance. The r...
Goods and Services Tax : The certificate clarifies that dealing and investment in securities are outside the scope of GST. Companies engaged solely in secu...
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 Rajasthan High Court held that a taxpayer who defaults in filing GST returns in one State cannot obtain fresh registration in ...
Goods and Services Tax : The Telangana High Court granted interim protection against coercive GST recovery proceedings until the GST Appellate Tribunal bec...
Goods and Services Tax : The Telangana High Court permitted the taxpayer to withdraw the writ petition challenging a GST demand order and pursue the statut...
Goods and Services Tax : The Telangana High Court permitted manual filing of a revocation application even after dismissal of a delayed appeal against GST ...
Goods and Services Tax : The Gauhati High Court directed authorities to consider restoration of GST registration after the taxpayer filed pending returns a...
Goods and Services Tax : GSTN has postponed the implementation of mandatory "Ship To GSTIN" capture and voluntary E-Way Bill closure to 1 August 2026. The ...
Corporate Law : The 2026 amendments significantly expand disclosure requirements for operational creditors and corporate applicants. The changes a...
Goods and Services Tax : Gross GST collections reached ₹1.94 lakh crore in May 2026, registering 3.2% growth. The increase was driven largely by a 19.1% ...
Goods and Services Tax : The West Bengal GST Department ruled that intra-State movement of goods related to job work remains exempt from e-way bill generat...
Goods and Services Tax : GSTN has announced mandatory capture of Ship-To GSTIN in Bill-To/Ship-To transactions under the EWB system. The change aims to imp...
♦ Goods Transport Agency(GTA) As per Notification No. 11/2017-Central Tax (Rate) dated 28th June, 2017,GTA means (i) any person who provides service in relation to transport of goods by road and (ii) issues consignment note, by whatever name called. Sec.23(1) CGST Act (i) Any Person engaged exclusively in non-taxable supply or (ii) Exempted supply No […]
CA Shailesh R Ghedia, President, Mumbai BJP Professional Cell has requested FM to extend Return Filing/compliances dates, as falling under various Laws in April-2021, and/or for waiver of penalty/interest for late filing /compliances. Full text of his letter is as follows: BJP professional Cell, Mumbai Date: 14th April 2021 To, Smt Nirmala Sitharaman Ma’am Hon’ble […]
Jamshedpur Chartered Accountants Society (JCAS) has written a letter to Hon’ble Finance Minister and requested to extend due dates of filing various GST Returns for the month of March for at least 3 months. Jamshedpur Chartered Accountants Society 402,A J TOWER ,Q ROAD,BISTUPUR, JAMSHEDPUR-831001 E-MAIL : jcasociety@gmail.com Mobile : 943117621 (P), 8292850001 (S) Date : […]
It is suggested that: 1. The adherence to Rule 36(4) be kept in abeyance for the months of March to May 2021. 2. The due date to furnish GSTR 3B for March 2021 to May 2021 be extended suitably. 3. A nearest date to conduct a virtual GST Council Meeting be decided at the earliest & informed accordingly. 4. The Due date of Filling I.T.R. of A.Y. 20-21 should be extended as many are left behind due to this pandemic
E Commerce is the buzz word in today’s world. Sale and purchase of goods and availing services has gone on digital platform. The world is shrinking as the E commerce platforms are growing. Being a new business model, the compliance and taxation under E commerce is multiple and complex. Definition of E commerce and E […]
Here is the summarized Statewise list of Intra state E-way bill. Table Provides Name of the State, Intra-State E-Way Bill Threshold limit (In Rs.) and Date or Official Press release etc vide which Intra-State E-Way Bill Threshold limit is made applicable. State wise Intra-State E-Way Bill Threshold limit (In Rs.) S.No State Threshold limit (In […]
The Western Maharashtra Tax Practitioners’ Association has written a letter to FM and expected Urgent Relaxation in GST Compliance due to Outbreak of Covid19 again in whole country.They requested that Due Dates For March 2021 Of All GST Returns be extended, OTP Based GST Return Filing And Other Compliance, Should Be Allowed For All Kinds […]
Under GST law, generally supplier (seller of goods or services or both) collects tax from recipient (buyer/ customer of goods or service or both) and pay to the Government (net of ITC) (but ultimately GST is borne by end customer or consumer that is why it is called indirect tax) this mechanism is known as […]
Analysis of Provisional Attachment of Property under GST : Now a days it is seen that department is commonly attaching bank accounts/ property of the taxable person by invoking the powers given in section 83 of the CGST Act. Prior to amendment through Finance Act 2021, Extract of Section 83 is as below: Section 83 […]
Radha Krishan Industries Vs State of Himachal Pradesh (Supreme Court) SC explains law for provisional attachment of Bank Account under GST This Appeal was filed against the judgment and order of the Hon’ble Himachal Pradesh High Court (HP HC) wherein, the Court dismissed the writ petition challenging orders of provisional attachment on the ground that […]
