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 ...
Calcutta High Court halts GST demand and recovery against Sigma Power Product, noting 90% tax recovered before appeal period, citing jurisdictional issue.
This article is based on judgement of Sikkim HC wherein Court allows refund of ITC lying in Electronic Credit Ledger at the time of close of business.
Calcutta High Court examines if GST authorities can issue orders after Rule 96(10) omission. Glen Industries challenged a demand for erroneous IGST refund post-omission.
Sikkim High Court rules unutilized ITC can be refunded on business discontinuation. No express prohibition in CGST Act, allowing claim despite specific Section 54(3) scenarios.
Delhi High Court rules writ petition not maintainable if rectification application is pending. Directs personal hearing for rectification under CGST Act Section 161.
Calcutta High Court stays ITC reversal order for Agro Trade Centre, citing a similar case where ITC misclassification was deemed revenue neutral.
Gauhati High Court addresses Shashi Kumar Choudhary’s petitions challenging simultaneous tax actions and jurisdiction, with a stay on coercive action.
Delhi High Court rules DGGI’s tax and penalty communication on seized areca nuts is not a final order, directing a formal show cause notice.
Calcutta High Court directs Public Works Department to revisit GST reimbursement claim for post-GST contracts, emphasizing Notification No. 5050-F(Y).
Calcutta High Court directs West Bengal PWD to revisit GST reimbursement claims for contracts executed after July 1, 2017, citing Notification No. 5050-F(Y).
