2 goods and services tax

goods and services tax - Page 4

Mere expiry of E-way Bill does not create any scope for evasion

HC set aside detention order passed against assessee on the grounds of expiry of E-way bill. Held that, mere expiry of E-way bill does not create any scope for evasion, hence, in absence of evasion, there cannot be any loss to Revenue Department....

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Income Tax and GST on Online Gaming

Winnings from lottery, card games, crossword puzzles or any sort of games are taxable at flat rate of 30% as income from other sources....

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GST: Karnataka AAR allows withdrawal of application by TE Connectivity Services India Pvt. Ltd.

In re TE Connectivity Services India Pvt. Ltd. (GST AAR Karnataka)

Whether subsidized deduction made from employees availing transportation or canteen services within office is supply under Section 7 of CGST Act...

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GST on subsidised transportation and canteen services to employees – AAR allows withdrawal of application

In re TE Connectivity India Pvt. Ltd. (GST AAR Karnataka)

Whether the subsidised deduction made by the Applicant from the employees who are availing transportation services and / or canteen services within the factory would be considered as a 'supply' by the Applicant under the provisions of Section 7 of Central Goods and Service Tax Act, 2017 and Karnataka Goods and Service Tax Act, 2017....

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Weekly newsletter from Chairman, CBIC dated 30/01/2022

DO No. 61/CH(IC)/2022 30/01/2023

On the anti-evasion side, based on extensive data analysis, officers of Central Goods & Services Tax, Delhi Zone detected a case of availment of ineligible Input Tax Credit and short payment of tax in excess of Rs. 218 Crores. Out of this, an amount of Rs. 84 Crore has been since recovered. Kudos to the officers for their excellent detect...

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Compliance Calendar / Due Date Calendar for the Month of Feb 2023

Article explain due date for Deposit of Tax Deducted (TDS) and for issue of TDS Certificate (Form 16A) under Income Tax Act, 1961. Article further explains due date of GSTR-7 (TDS Deductor), GSTR-8 (TCS Collector), GSTR-1 (Monthly), IFF (QRMP), GSTR-6 (ISD), GSTR-2B, GSTR-5, GSTR-5A, GSTR 3B and PMT-06. Article also contains due date of D...

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Legal Position on Applicability of GST on Service Charges levied by Restaurants Industry

The restaurant industry defines “Service Charge” as a fee that is levied over and above the price of the food and drink for the additional convenience of serving inside a restaurant. They also emphasize that it is an internationally accepted best practice. TRANSACTION VALUE As per the GST law, GST will be charged on the […]...

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Expected Changes in GST; Union Budget 2023-24 in Finance Bill 2023

1. Raising the minimum threshold for launching prosecution under GST from Rs. One Crore to Rs. Two Crores, except for the offence of issuance of invoices without supply of goods or services or both; 2. Decriminalize certain offences specified u/s 132(1) (g), (j) and (k) of CGST Act, 2017,– obstruction or preventing any officer in [&...

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HC cannot condone delay in GST appeal if filed beyond maximum stipulated time limit

Hemasri Enterprises Vs Appellate Authority / Deputy Commissioner (ST) (FAC) GST-Appeal (Madras High Court)

High Court while exercising powers under Article 226 of Constitution of India, does not have power to condone delay when statutory appeal filed under section 107 of GST Act is beyond maximum time limit stipulated ...

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GST Appeal: There cannot be any condonation beyond the cap or belated period

Ramanujan Venkatesan Vs Joint Commissioner (Appeals- II) (Madras High Court)

Ramanujan Venkatesan Vs Joint Commissioner (Appeals- II) (Madras High Court) In this case date of communication to  writ petitioner qua the GST Registration cancellation order is 08.03.2022. Three months therefrom elapsed on 08.06.2022 i.e., the prescribed period qua Section 107 of CG&ST Act elapsed on 08.06.2022. Condonable period o...

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