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...
In the present article, we will discuss detail description and purpose of Authority of Advance Ruling (AAR) established under GST. I will try to cover or describe all the need and purposes of AAR under GST. INTRODUCTION: “Advance ruling” means a decision provided by the Authority or the Appellate Authority to an applicant on matters […]
1. A taxpayer may now file NIL Form GSTR-3B, through an SMS, apart from filing it through online mode, on GST Portal. 2. To file NIL Form GSTR-3B through SMS, the taxpayer must fulfill following conditions: -They must be registered as Normal taxpayer/ Casual taxpayer/ SEZ Unit / SEZ Developer. -They have valid GSTIN. -Phone […]
Extensions and relaxations announced in the due dates of Goods and Services Tax Act by the Government of India in the wake of COVID-19 Notification No. 31/2020; 32/2020; 33/2020; 36/2020 CGST Act 2017 GST COMPLIANCES CHART – JUNE 2020 MONTH GST T/O UPTO1.5CRT/O > 1.5CRUPTO 5CR T/O > 5CR FEB 20 GSTR 3B 30/06/20 29/06/20 […]
INTRODUCTION:– The word ‘Composition’ comes from the Latin , meaning ‘Put together’. It is a feature of Indirect tax laws that in order to provide comfort to an assessee from completing with the requirement of paying tax on value addition by maintaining details of ‘inputs’ & ‘outputs’, an option is provided to go for a […]
1. Introduction: Urbanisation paved the way towards real estate development around urban areas, may it be frontline metropolis or tier I Tier II semi urban areas. Real estate development may be for residential purpose, industrial activities or commercial purposes. The vertical development by way of high rise buildings is one kind of development. Equally eye […]
Section 11 of CGST Act, empower the government to grant exemptions on the recommendation of GST Council in the public interest.
In continuation to ease of compliance by the government in recent past, the finance ministry rolls out the facility which will allow taxpayers in filing of NIL GST monthly return in FORM GSTR-3B through SMS with Press Release dated 8Th June.This is again a major change which will benefit approx. 22 lacs traders to file […]
In this write up I tried to summaries all the relevant provisons under GST on Advocate Services 1) Relevant Definitions: i) Legal Services Definition of legal services has been provided under entry 2 (zm) of notification no. 12/2017 – Central tax (rate) dated 28.06.2017 which is reproduced hereunder: “Legal service means any service provided in […]
SECTION 9- Levy and Collection – In my previous articles we have discussed Section 7 and 8 now we will discuss today Section 9 very important section of CGST ACT 2017 in simplified manner. Section 9 is the charging provision of the CGST Act. It provides the maximum rate of tax that can be levied […]
(I) Mandatory GST Audit (Section 35 of CGST Act, 2017) Conducted by CA / CMA where aggregate turnover exceeds Rs. 2 crore. -This is a mandatory audit by CA / CMA where aggregate turnover exceeds Rs. 2 crore. -Form used for this is GSTR-9C. -Due date for filing GSTR-9C is 31st December of following year […]
