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 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 : The new Invoice Management System (IMS) will introduce real-time invoice matching and automated ITC verification under GST. Busine...
Goods and Services Tax : This article explains updated GST rates, ITC rules, SAC classifications, and compliance requirements applicable to hotels and hosp...
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 ...
The Allahabad High Court has nullified tax orders and demands against a company, ruling that all pre-existing claims are extinguished once a CIRP resolution plan is approved.
The Supreme Court has allowed a taxpayer to go back to the High Court, directing the court to address the lack of a remand power for GST appellate authorities.
The Orissa High Court directs a taxpayer to seek a remedy from the GST Department after their bank account was frozen, impacting daily business operations.
The Orissa High Court has allowed a delayed GST appeal from Chandrakanta Parida on the condition that he deposits 10% of the disputed tax within a week.
The Patna High Court has set aside a tax demand against Satguru Cattle Feeds ruling that the petitioner was denied a personal hearing after submitting a response to the show-cause notice.
The Patna High Court directs a petitioner challenging an illegal GST demand to file an appeal, noting the issues are factual and require adjudication.
The Gauhati High Court has made the interim bail of a trader accused in a GST case absolute. The court’s order directs the petitioner to continue cooperating with the investigation and provide all relevant documents.
The 56th GST Council meeting introduced major reforms, including rate reductions on essentials and increases on luxury goods. Businesses must prepare for these changes.
Learn about GST interest on delayed payments. A summary of Section 50 of the CGST Act explains that interest is on cash-paid tax, with conditions and exceptions.
Explore the core of India’s GST system: Input Tax Credit (ITC). Learn how it works, its legal framework, common challenges for businesses, and key judicial decisions.