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 : This article explains the extent of the burden of proof under Section 155 of the CGST Act. The key takeaway is that recipients mus...
Goods and Services Tax : Dual Control Without Coordination: How CGST–SGST Jurisdiction Gaps Are Trapping Taxpayers in Parallel Proceedings Overview One o...
Goods and Services Tax : The debate over mandatory pre-deposit in GST penalty-only proceedings has gained momentum after the Finance Act, 2025 amendment. C...
Goods and Services Tax : The article examines whether automated interest notices for FY 2019–20 can survive after limitation under Section 73 has expired...
Goods and Services Tax : The Court held that absence of lorry receipts or weighment slips, by itself, cannot justify denial of Input Tax Credit when invoic...
Goods and Services Tax : Stakeholders identified persistent issues in GST registration, cancellations, and refund processing affecting MSMEs. The consultat...
CA, CS, CMA : CAAS suggested that while favourable outcomes may be automated, adverse actions should require a named officer's approval supporte...
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 Telangana High Court granted bail to an accused in a Rs.30 crore fake GST ITC case after noting that no complaint had been fil...
Goods and Services Tax : Considering Clauses 7 and 7.1 of the 2022 Circular, the Court found that the amount in question appeared to be compensation rather...
Goods and Services Tax : The Allahabad High Court held that GST appellate authorities cannot dismiss appeals solely on limitation without examining the act...
Goods and Services Tax : The Punjab and Haryana High Court directed the competent authority to decide a representation alleging fraudulent GST record manip...
Goods and Services Tax : The Karnataka High Court set aside a GST adjudication order after finding that the authority incorrectly stated that no reply had ...
Goods and Services Tax : GSTAT Mumbai Bench has officially commenced functioning, making it mandatory for taxpayers within its jurisdiction to file appeals...
Goods and Services Tax : The Committee recommended replacing daily cause lists with weekly schedules and permitting supplementary lists when necessary. The...
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% ...
It is directed to use the existing system to make immediate payment of refund of IGST on Exports w.e.f. 10th October 2017 till 14th October 2017. The payment through PFMS portal would be started from 16th October 2017
In this regard, it is stated that as GST is a tax where apart from various Central Taxes, many state taxes also have subsumed, there needs to be strong coordination between State and Central Government, so as to make GST rollout smooth and successful. It is felt that both the Centre and States should take a uniform stand in GST related petitions before the High Court (s) so as to obviate any contradictory orders or judgments.
The UN agencies and the Diplomatic Authorities (notified) in Maharashtra were eligible for refund of VAT on purchases in Maharashtra. VAT refund claims for periods prior to 1st July 2017, shall be processed as per VAT provisions.
GST Council has taken many positive decisions in this meeting and in the long run it will benefit the business and businessmen. It will also take away difficulties faced by Business people SME’s who were earlier more involved in compliance of Indirect Tax and were not able to concentrate on their business.
Krishna, the 22nd meeting of the GST council was held on 06th October. So in this way we can say that small taxpayers have got their Diwali gift in advance. Tell us something about that.
UAE has released its Tax Procedures to be adhered for VAT and other Tax Laws in the UAE along with its Executive Regulations. Also FTA has released Administrative Fee and Fines for VAT and other Tax Laws of the UAE. Here is an eBook, compiling the Tax Procedures, Executive Regulations and Fee/ Fines for VAT […]
A big relief to file returns Quarterly whereas tax has to be paid Monthly. For this purpose, Small and Medium Enterprises are those Assesses whose annual turnover is less than or Equal to Rs. 1.5 Crore.
Reverse charge means the liability to pay tax by a person receiving goods or services or both. In the normal circumstances the seller ( supplier ) would be paying sales tax to the Government on the goods sold or services supplied.
In order to make it possible for great number of tax payer to avail the benefit of ease of compliance under the composition scheme, it is recommended that turnover limit for availing composition scheme shall be raised from INR 75 lakhs to INR 100 lakhs. Threshold for special category states except the State of Jammu & Kashmir and Uttarakhand shall be raised from INR 50 lakhs to INR 75 lakhs.
UAE Cabinet has approved Executive Regulations of Federal Tax Procedures to be adhere on VAT and other Tax Laws of the UAE. Its is being as another mile stone of implementation of VAT in the UAE. A simplified English Translated version of the Executive Regulations can be access here.
