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 explains how GST composition scheme, exemption rules, and time of supply provisions work in practice. It highlights co...
Goods and Services Tax : The GST Invoice Management System (IMS) promises stronger ITC reconciliation, fraud prevention, and invoice-level transparency. Ho...
CA, CS, CMA : The article summarizes important notifications, circulars, judicial rulings, and regulatory changes issued between 11–17 May 202...
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 : 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 Odisha High Court ruled that only one valid assessment order can exist for a single tax period, quashing an ex parte order when a merit-based order for the same period already existed.
Understand GST interest on delayed payments under Rule 88B. Learn when interest is and isn’t payable for late returns, cash ledger use and Input Tax Credit.
Understand the challenges bona fide buyers face with GST Input Tax Credit denials due to supplier non-compliance and the legal stance on this contentious issue.
Allahabad High Court sets aside tax penalty on Goverdhan Oil Mill, citing no tax evasion intent in stock transfers despite HSN discrepancy.
After 8 years, India’s GST has unified taxes and boosted revenue. Discover its gains, persistent challenges and upcoming reforms for a more mature tax system.
Gujarat AAR rules Protego Services not eligible for GST exemption on student transport and catering as payments were collected directly from students, not the school.
Gujarat AAR classifies peeled and chopped garlic under HSN 07032000, confirming no GST liability for Purnam Cuisines Pvt Ltd.
Gujarat AAR rules Shoft Shipyard is not liable for GST on interest and arbitration costs received from a pre-GST contract, as the original supply and related invoice predate the GST regime.
Gujarat AAR rules Bharat Petroleum’s LNG re-gasification service for GAIL as job work, taxable at 12% GST under Notification 11/2017-CT(Rate).
GST classification of tapioca flour re-examined by AAAR Tamil Nadu. Advance ruling remanded to AAR for fresh consideration, citing need for clearer manufacturing evidence and adherence to natural justice.
