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 explains that ITC eligibility under Section 16 can still be denied by the overriding provisions of Section 17(5). It h...
Goods and Services Tax : Understand the key rules governing ITC claims under GST, including eligibility conditions, blocked credits, GSTR-2B reconciliation...
Goods and Services Tax : The Supreme Court ruled that fantasy sports involving monetary stakes constitute betting and gambling for GST purposes. The judgme...
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 : The Rajasthan GSTAT Bar has urged the Tribunal to adopt a pragmatic approach by accepting pre-deposits made through the Electronic...
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 : The Authority held that retrospective insertion of Section 16(5) does not permit reclaim of ITC already reversed under earlier rul...
Goods and Services Tax : The Kerala High Court ruled that businesses could distribute common ITC through cross-charge without obtaining ISD registration be...
Goods and Services Tax : The High Court remitted the GST matter for fresh consideration after the taxpayer agreed to deposit 25% of the disputed tax. The C...
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 : 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...
Changes are being made in the credit utilization criteria in Form GSTR-6, filed by Input Service Distributors (ISDs). These changes are likely to be implemented on the GST portal with effect from 14.04.2020.
जीएसटी में एडवांस रूलिंग के लिए आवेदन कोई आवेदक यदि एडवांस रूलिंग के अंतर्गत निम्न प्रश्नों का समाधान चाहता है तो वह FORM GST ARA-01 तथा पांच हजार रूपए की फीस के साथ आवेदन प्रस्तुत करेगा एडवांस रूलिंग के अंतर्गत निम्न प्रश्नों का जबाब आदेश द्वारा पारित किया जायेगा (A) किसी भी माल या सेवाओं […]
Health care services become important in country like India where most of its population lies below the poverty line. With these things keeping in mind the tax authorities have done all the best possible that they can do to make this service outside the ambit of GST & thus affordable to weaker sections of the […]
Corona-Virus: ITC won’t be available on the masks and sanitizers distributed to employees? Hello folks, I hope you are in good spirits and are helping the nation in fighting the invisible demon of COVID-19 by staying at home. This COVID-19 has compelled us to live in a phase that was neither wished, nor imagined by […]
Gist of amendments in GST Via Notifications dated 03rd April 2020: 1. Notification number 30/2020- Central tax dated 03rd April 2020 Allow opting for Composition Scheme via portal for FY 2020-21 till 30th June 2020 and to allow cumulative application of condition in rule 36(4). 2. Notification number 31 & 32/2020– Central tax dated 03rd […]
The issue relating to leviability of tax on remuneration paid to directors has been a matter of debate very since August 07, 2012 when reverse charge mechanism (‘RCM’) in respect of services provided by directors was first introduced under Service Tax laws vide Notification No. 45/2012-ST dated August 07, 2012. RCM provisions were also built-in […]
As we all are aware that, SVLDRS was introduced with the twin objectives- First, finalize the legacy disputes in Central Excise and Service Tax that are pending at various forum and second, encouraging non-compliant taxpayer/tax evaders to declare the tax not paid so far and come under the tax net voluntarily. The scheme has received […]
How is actionable claim defined under the GST Act? Reference has been drawn to the Transfer of Property Act, 1882. Section 2(1) of the CGST Act, 2017 defines actionable claim as: ‘actionable claim shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882’ Section 3 of […]
Now question arises whether credit of input tax paid on expenses made to avoid spread of COVID-19 disease would be eligible or not and whether if the taxpayer is an exporter or supplier to SEZ unit, whether he will be eligible for refund under GST Act or not.
Tax/GST treatment to be given in case of cancelled flats GST compliance for real estate has always been a nightmare considering the day to day changes in the rates, tax structure, GST returns to be filed so an and so forth. Assessee to be tax compliant has to look for ways and means to make […]
