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 examines how denying ITC to genuine buyers due to supplier tax default creates constitutional and commercial concerns ...
Goods and Services Tax : This article discusses GST compliance for service providers eligible for the QRMP scheme up to ₹5 crore turnover. It clarifies w...
Goods and Services Tax : The article discusses how GST authorities are increasingly reversing ITC based on upstream NGTP allegations without proving fraud ...
Goods and Services Tax : The article explains common objections raised during GST departmental audits under Section 65, including ITC mismatches, GSTR reco...
Goods and Services Tax : The article explains how rigid GST compliance and fear of penalties are pushing small businesses back into cash transactions. It s...
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 representation highlights ambiguity in whether the ₹2.5 crore ITC threshold should be annual or cumulative. It emphasizes th...
Goods and Services Tax : Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights str...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims exceeding ₹8 crore without actual supply of goods. The ruling highlights that ITC is...
Goods and Services Tax : The Bombay High Court held that rejection of a manual GST appeal was unsustainable where DRC-07 was not available on the GST porta...
Goods and Services Tax : Gauhati High Court held that cancellation of GST registration without assigning reasons in FORM GST REG-19 was illegal and violate...
Excise Duty : CESTAT Delhi remanded the matter after finding that the Commissioner (Appeals) failed to consider the appellant’s affidavit and ...
Goods and Services Tax : Bombay High Court held that GST proceedings initiated against a company that had ceased to exist after amalgamation were void ab i...
Corporate Law : High Court directed authorities to examine claims relating to additional road work, carriage charges, GST differential, and deduct...
Goods and Services Tax : The GST Appellate Tribunal issued a detailed order constituting benches across India and classifying GST disputes into three categ...
Goods and Services Tax : The Principal Bench of GSTAT instructed scrutiny officers not to raise defects where appellants upload required soft copy document...
Goods and Services Tax : The Central Government amended Notification No. 14/2018-UT Tax by replacing officials listed against Serial No. 2. The notificatio...
Goods and Services Tax : The Central Government has authorized the GSTAT Principal Bench, New Delhi, to hear appeals under Section 101B of the CGST Act. Th...
Goods and Services Tax : The data highlights a sharp increase in GST collections driven by import-related IGST. It confirms strong revenue performance and ...
ITAT Hyderabad held that addition towards bogus purchases based on supporting documentary evidence, without carrying out necessary verification from GST department, cannot be sustained. Accordingly, matter restored back to file of AO for re-adjudication.
Notifications under Section 168A need not be adjudicated in writ jurisdiction since matter could be taken before appellate forum. It may appropriately be pursued before the competent statutory authority empowered to adjudicate factual disputes under the GST Act and the Rules framed thereunder.
The 56th GST Council Meeting implemented a new three-slab tax structure, correcting inverted duties and lowering rates on essential goods. The changes impact businesses and trade.
56वीं जीएसटी परिषद ने दरों को सरल बनाया: 5% और 18% मुख्य स्लैब। आवश्यक वस्तुओं पर कर घटा, सिन गुड्स पर 40%। व्यापारियों के लिए फायदे और चुनौतियाँ।
The Finance Bill 2025 has altered Section 34(2) of the CGST Act. Learn how the new rule links credit note issuance to ITC reversal and its impact on businesses and bad debts.
A look at how India’s GST 2.0 reforms in 2025 aim to support the circular economy with tax incentives, simplified rates, and faster refunds for sustainable businesses.
GST 2.0 reforms in 2025 impact VDA taxation. This article examines the challenges and opportunities for India’s crypto ecosystem, including stable tax rates and compliance tools.
India’s new GST 2.0 framework simplifies tax slabs to 5% and 18%. This rationalisation impacts key sectors like construction, hospitality, and transport, affecting costs and ITC.
GST 2.0 simplifies India’s tax system by consolidating slabs into 5% for essentials and 18% for standard goods. Learn about the impact on businesses and consumers
Learn about the scope of GST on commission income. Understand the invoice test, registration thresholds, and key rulings that clarify tax liability for agents.
