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 : Overview of GST tax liability, self-assessment, and the distinction between scrutiny under Section 61 and actions under Sections 7...
Goods and Services Tax : Karnataka HC ruled that under Section 75(4) of CGST Act, a hearing opportunity must be granted before passing an adverse order. Ba...
Goods and Services Tax : Understand GST provisions for invoices and credit notes in the sale of under-construction flats/shops, including time limits, e-in...
Goods and Services Tax : In the recent times, GST Department by exercising the powers bestowed on them by way of Section 65 of the CGST Act 2017, has been ...
Goods and Services Tax : Get the latest updates on GST portal advisories issued in July-August 2024, including changes in registration, refund processes, a...
Goods and Services Tax : A Superintendent in Nadiad is sentenced to 5 years for bribery. CBI also investigates two GST officers in Hyderabad for demanding ...
Goods and Services Tax : Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Regist...
Income Tax : Explore the latest updates on tax benefits for skill development institutions in India, including GST exemptions and income tax re...
Goods and Services Tax : Explore the latest details on GST rates for agricultural equipment, machinery, and fertilizers, and the government's stance on pot...
Income Tax : On August 5, 2024, it was clarified in the Lok Sabha that there are no specific tax incentives or waivers currently in place for t...
Corporate Law : Bombay HC upholds priority of Janaseva Sahakari Bank's secured interest over Sales Tax Dept’s claims, setting aside the mutation...
Goods and Services Tax : Madras HC sets aside dismissal of GST appeal for delay, remands case to the appellate authority for fresh consideration despite th...
Goods and Services Tax : Delhi HC grants interim protection to a petitioner alleging misuse of GST credentials for ITC claims, pending further investigatio...
Goods and Services Tax : Bombay High Court held that amount payable has been quantified before 30th June 2019 and hence eligible to avail benefit under Sab...
Goods and Services Tax : Rajasthan HC ruled that appeals should be considered on merits, even if filed late, quashing a CGST order dismissing an appeal as ...
Goods and Services Tax : Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate...
Goods and Services Tax : Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence ...
Goods and Services Tax : Kerala SGST department issues a circular clarifying the method of penalty calculation under the IGST Act, 2017 for tax demands mad...
Goods and Services Tax : CBIC's latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smugg...
Goods and Services Tax : CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenu...
Discover the key highlights of the GST Amnesty Scheme introduced in April 2023 by the Finance Ministry. Explore relief measures, late fee reductions, and extended due dates outlined in CBICs notifications on 31st March, 2023.
Explore the comprehensive analysis of all GST notifications issued on 31st March 2023, covering reduced late fees for GSTR-4, special procedures for revocation of registration, and amendments in biometric Aadhar authentication rules. Additionally, discover the one-time amnesty for withdrawal of best judgment assessment, rationalization of late fees for annual returns, and relief for non-filers of GSTR-10. Stay informed about the extension of time for issuing orders under section 73, providing a pro-revenue extension.
Section 130 was introduced with a view to avoid any transportation of Goods using unfair means , where the taxpayer has an intention to evade tax.
Explore the key highlights of GST Notifications issued on March 31, 2023. Learn about late fee waivers, revocation of registration, Aadhaar authentication, and other crucial updates for GST compliance. Stay informed to ensure your business adheres to the latest regulations.
CBIC issued Circular No. 09/2023 – Customs, dated 30 March 2023 to clarify on phased implementation of Electronic Cash Ledger (ECL) with effect from 01 April 2023.
Understand Composite and Mixed Supply in GST with insights on Schedule II of CGST Act, 2017. Learn about tax implications, identification criteria, and examples. Navigate Schedule II’s tabular breakdown of transactions treated as supply of goods or services.
If Composition taxpayers who has failed to furnish the return in FORM GSTR-4 for the period from July, 2017 to March 2022 and files the return during 1st April, 2023 to 30th June, 2023 then the late fee will be restricted to Rs. 500 per year.
Explore the details of the GST Amnesty Scheme 2023 with waived late fees on GSTR-4, revocation of cancellation, assessment orders, and GSTR-9 late filing. Stay informed about the latest notifications and CGST late fee waivers.
Bombay High Court dismissed the present petition as petitioner has the option to file a statutory appeal to the Appellate Tribunal and there is no reason why petitioner cannot avail of the statutory remedy of appeal.
Suretex Prophylactics (India) Private Limited Vs Union of India (Karnataka High Court) Karnataka High Court held that as on the date of recovery, there was no order/ adjudication made by the department quantifying the amount of tax/ duty payable by the petitioner. Accordingly, recovery of such amount is without authority of law and liable to […]
