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 debate examines why GST penalties under Section 122(1A) may survive a direct challenge under Article 20(2). The key takeaway i...
Goods and Services Tax : The Court held that cancellation proceedings for Rule 10A violations must be initiated through FORM GST REG-31, which grants thirt...
Goods and Services Tax : The Karnataka AAR held that ITC on statutory canteen services is available only to the extent of expenses actually borne by the em...
Goods and Services Tax : E-commerce sellers generally require GST registration from their very first sale, irrespective of turnover thresholds applicable t...
Goods and Services Tax : The Court held that recovery from third parties cannot be initiated when only a proposed demand exists and no final tax liability ...
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 Kerala High Court set aside a consolidated notice issued for FY 2019-20 to 2024-25. It held that separate notices must be issu...
Goods and Services Tax : The Gauhati High Court held that partners who retained benefits from GST violations and acted behind such transactions can be pena...
Goods and Services Tax : The Court held that denial of input tax credit cannot be justified solely because the selling dealer failed to deposit tax, where ...
Goods and Services Tax : The Court held that writ petitions need not continue once the GSTAT becomes operational and statutory appeal timelines are availab...
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 : 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 re M/s Sanjay Kumar Jain (GST AAR Rajasthan) The applicant uses service of GTA for transportation purpose, hence the applicant is recipient of service and concerned GTA is service provider. Being recipient of services the applicant is liable to pay GST as per the provisions mentioned in the above said Notification. Further, during the […]
Article contains Provisions applicable to a MSME related to GST Registration, Composition Levy Scheme, Input Tax Credit, Tax Invoice in GST, Exemption from Compulsory Audit by CA for MSME Sector, Returns in GST and Measures taken for the MSME Sector under GST. Article further contains Major Decisions of the GST Council related to MSME on […]
Article discusses Circular No. 105/24/2019-GST dated 28-06-2019 to Understand Implications of Clarification on secondary Discounts. Other relevant References 1. K K Polymers (AAR Rajasthan) dated 13-10-2018 2. MRF Limited (AAR Tamilnadu) dated 22/01/2019 3. UltraTech Cements (AAR Maharashtra) dated 27-06-2018 4. Polycab Wires (AAR Kerala) dated 2-03-2019 5. Circular No. 92/11/2019 dated 7-03-2019 Backdrop of […]
Introduction: Most of the government works contract comes under the slab rate of 12%. But GST rate on Government Sub contract is still widely debated in the Infrastructure sector since the notification governing tax rates is unclear. What GST Law Says? As per Sl no 3, clause (ix) of Notification 11/2017-Central Tax (rate) dt 28.06.2017 […]
The transport sector is one of the most important sectors of our economy where large numbers of industry and people are connected either directly or indirectly. Most of the industries use their services for rendering their supply either in goods or services. Due to the various challenges associated with the sector, the government always allows […]
It was held that as the Applicant need not take any separate registration in Odisha and can facilitate the transaction through Mumbai Head Office GSTIN, it appears to be correct to mention the GSTIN of Mumbai in the E-Way Bill and Dispatch place as Customs warehouse situated at Paradip, Odisha.
GST Revenue collection for the month of June, 2019 stands at Rs.99,939 crore. Total number of GSTR 3B Returns filed for the month of May up to 30th June, 2019 stands at 74.38 lakh Total gross GST revenue collected in the month of June, 2019 is ₹ 99,939 crore of which CGST is ₹ 18,366 crore, SGST is ₹ […]
♣ Taxpayers filing Form GSTR 3B will have to utilize IGST credit towards payment of Integrated tax. Then the IGST Credit remaining, will have to be utilised towards the payment of Central tax and State tax or Union territory tax, in any order. ♣ This can be done provided that the input tax credit on account of Central tax, […]
Happy GST day. The Goods and Services Tax regime completed 2 years. GST regime has seen many changes and faced many challenges during the 2 years. 2 years Journey of GST ♣ 35 GST Council meetings, ♣ 186 Central Tax Notifications, ♣ 88 Central (Tax) Notifications, ♣ 19 Integrated Tax Notifications, ♣ 84 Integrated (Tax) […]
Goods & Services tax (GST) is a comprehensive, destination based indirect tax levied on manufacture, sale and consumption of goods & services as well as on import of goods & services, except zero rated and exempt supplies. The registered person under GST is required to assess his own tax liability, utilize ITC & pay his […]
