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 Uttarakhand High Court held that scheduling a personal hearing before the expiry of the time granted for filing a reply violat...
Goods and Services Tax : The Court set aside a GST demand order after finding that the personal hearing was scheduled before the last date for filing a rep...
Goods and Services Tax : Saurabh Kumar Gupta Vs Union of India (Allahabad High Court) The Allahabad High Court dismissed the writ petition challenging the ...
Goods and Services Tax : The Court restrained coercive recovery proceedings after noting allegations that the adjudication order relied heavily on witness ...
Goods and Services Tax : The Court held that a taxpayer who does not respond to a show cause notice cannot later invoke writ jurisdiction alleging procedur...
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...
Lately, a lot of confusion has been seen regarding the ‘late fee waiver’ that was earlier notified by the CBIC for filing of GSTR-3B. A further simplification has been issued by the Government in this regard. What were the notifications in regard to late fee waiver? In the earlier Notification No. 52/2020-Central Tax dated 24th […]
Simplified GST Series – Section 59-64/CGST ACT 2017/Assessment- Article explains Section 59- Self Assessment, Section 60- Provisional Assessment, Section 61- Scrutiny of Returns, Section 62- Assessment of non-filers of returns, Section 63-Assessment of unregistered persons and Section 64- Summary assessment in certain special cases. Section 59- Self Assessment Every registered taxable person shall self assess […]
The process of preparing and filing of annual return in GSTR 9 for FY 2018-19 under GST has already started, however, some basic doubts regarding the correct way to reconcile and report the Input Tax Credit (ITC) under various tables pertaining to the FY 2018-19 are yet be cleared by the creators and owners of […]
With the introduction of GST we have seen a lot of concepts from the erstwhile law have also been carried forward in GST with some or the other modifications. One such concept which is carried forward in GST is the concept of Input Service Distributor. A new concept of cross charge is also introduced in […]
Explore Ankit Babeley vs. State of M.P. & Ors. case. Petitioner seeks permission to file Trans-1 for claiming transitional credit. High Court’s directive to respondents regarding pending representation.
In this article we will discuss about registration requirement in case of supply of service of works contract & renting of immovable property. In the GST regime a person may either have to mandatory or he may at his will shall voluntarily apply for GST registration.
Introduction The Fiscal Policy is the government’s means to influence and regulate the economy by means of revenue and expenditure. The two main tools of fiscal policy are – Taxation (for raising revenue and is the major source of Income for government). Expenditure (on public welfare for achieving desirable social and economic goals) Types of […]
Synopsis of Extension of Due date for GSTR-3B for August 2020 having less than 5 crore turnover CBIC released Notification No. 54/2020 – Central Tax dated, the 24th June, 2020 for extension of Due date for GSTR-3B for August 2020. Following questions emerge out of this-: ♣ Is it extended for all the Registered Persons? […]
What do you mean by Input Tax Credit under GST? Input tax credit means reducing the amount of tax (CGST, SGST, IGST) paid on the purchase of taxable Goods & services or tax paid under reverse charge from the Output liability and paying the balance amount to the Government. Who is eligible to book Input […]
Introduction E-commerce does not need any introduction to start with. However, the unique features of e-commerce transactions have always made it a bit complex to levy tax. In e-commerce transactions, the supplier of goods and services may or may not have a permanent establishment or an office in a taxable territory in which he supplies […]
