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Goods And Services Tax

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.

Latest Articles


Is Section 61 ASMT-10 Notice Required for Actions Under Sections 73 or 74?

Goods and Services Tax : Overview of GST tax liability, self-assessment, and the distinction between scrutiny under Section 61 and actions under Sections 7...

August 18, 2024 9 Views 0 comment Print

Granting of hearing opportunity is mandatory under Section 75(4) before passing of adverse order

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...

August 16, 2024 585 Views 0 comment Print

GST Provision for Invoice & credit notes related to sale of under construction flat/shop

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...

August 16, 2024 5049 Views 0 comment Print

Taxability of loans granted between related persons or between group companies

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 ...

August 16, 2024 993 Views 0 comment Print

Recent GST Portal Advisories: July-August 2024 Updates

Goods and Services Tax : Get the latest updates on GST portal advisories issued in July-August 2024, including changes in registration, refund processes, a...

August 14, 2024 3390 Views 0 comment Print


Latest News


Superintendent Sentenced in Bribery Case; GST Officers Under Probe

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 ...

August 17, 2024 495 Views 0 comment Print

Live Course on Grow Your IDT Practice & Preparation for GSTAT (GST Tribunal)

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...

August 16, 2024 2799 Views 0 comment Print

Tax Benefits For Skill Training Institutions

Income Tax : Explore the latest updates on tax benefits for skill development institutions in India, including GST exemptions and income tax re...

August 5, 2024 324 Views 0 comment Print

GST on Agricultural Equipment: Government’s Stance & Rates

Goods and Services Tax : Explore the latest details on GST rates for agricultural equipment, machinery, and fertilizers, and the government's stance on pot...

August 5, 2024 1029 Views 0 comment Print

Tax Incentives To Fintech Sector

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...

August 5, 2024 216 Views 0 comment Print


Latest Judiciary


Bank’s Registered Security Interest with CERSAI Takes Priority Over Tax Authorities’ Claim: Bombay HC

Corporate Law : Bombay HC upholds priority of Janaseva Sahakari Bank's secured interest over Sales Tax Dept’s claims, setting aside the mutation...

August 18, 2024 3 Views 0 comment Print

Appeal should be heard despite delay in filing when adjudicating authority passed order without granting opportunity of being heard

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...

August 16, 2024 339 Views 0 comment Print

HC grants interim protection when login credentials & GST number misused to avail of ITC

Goods and Services Tax : Delhi HC grants interim protection to a petitioner alleging misuse of GST credentials for ITC claims, pending further investigatio...

August 16, 2024 177 Views 0 comment Print

Amount quantified before 30th June 2019 eligible for benefit under SVLDRS: Bombay HC

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...

August 16, 2024 90 Views 0 comment Print

GST Appeals Must Be Decided on Merits Despite Some Laches or Delay: Rajasthan HC

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 ...

August 16, 2024 165 Views 0 comment Print


Latest Notifications


Maharashtra GST Guidelines for Recovery of Dues After First Appeal Until Appellate Tribunal Operation

Goods and Services Tax : Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate...

August 17, 2024 648 Views 0 comment Print

Guidelines for CGST Audit and Investigations

Goods and Services Tax : Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence ...

August 14, 2024 759 Views 0 comment Print

Clarification on Penalty Calculation Under IGST Act 2017

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...

August 13, 2024 282 Views 0 comment Print

Weekly newsletter from Chairman, CBIC dated 12.08.2024

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...

August 12, 2024 225 Views 0 comment Print

Guidelines for Second special All-India Drive against fake registrations

Goods and Services Tax : CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenu...

August 12, 2024 8610 Views 0 comment Print


Facebook post of 2019 cannot be considered for Assessment of 2018

December 31, 2022 459 Views 0 comment Print

Syamaladasan Kumaran Vs State Tax Officer (Kerala High Court) A reading of order shows that the proceedings were initiated and continued against the petitioner on the basis of certain facebook posts which showed that the petitioner was dealing in branded rice. The contentions taken by the petitioner that the facebook post itself was of the […]

Delay & laches not to be calculated solely by length of time taken by party to approach legal forum

December 31, 2022 489 Views 0 comment Print

Delay and laches are not to be calculated solely by the length of the time taken by the party to approach the legal forum. It is elementary principle that none stands to benefit by lodging an appeal or a petition belatedly.

GST treatment on cancellation of contract/ agreement of sale of Flat/building or insurance policy where the buyer or insurer was not registered under GST

December 31, 2022 3411 Views 0 comment Print

GST treatment on cancellation of contract/agreement of sale of Flat/building where the buyer is not registered. Gain insight on refunds and applicable tax/GST

Entries reflected in GSTR-2A lead to Income Tax Demands

December 31, 2022 10413 Views 0 comment Print

Extra income tax demands may be triggered if certain entries reflected in GSTR 2A are not taken in GSTR 3B. Learn how to address this issue.

CBIC Circular on ITC Mismatch For FY 2017-18 & 2018-19 – Solving A Problem That May Not Exist

December 30, 2022 100662 Views 1 comment Print

The recent CBIC Circular No. 183/15/2022-GST dt. 27.12.2022 dealing with the issue of mismatch of the input tax credit (ITC) claim made in GSTR 3B with GSTR 2A for FY 2017-18 & FY 2018-19 demonstrates the same mindset as it seeks to do something which should not be done at all.

Implementation of 48th GST Council Meeting Decisions

December 30, 2022 13842 Views 0 comment Print

Learn about the implementation of 48th GST Council Meeting Decisions notified by The CBIC with Notification No. 26 & 27/2022-Central Tax. Notification amendments include Rules 8, 9, 12, 37, 46, 46A, 59, 87, 89, 108, 138 and 161 and Forms REG 01, REG 17, GSTR-01, APL-01, APL-03, DRC-01A, DRC-03 and DRC-25.

Empanelment for Special Audit with Delhi GST department

December 30, 2022 20421 Views 0 comment Print

Empanelment of Chartered Accountants/Chartered Accountant firms/Cost Accountants/Cost Accountant firms for Special Audit of GST registered persons under Section 66 of the Central Goods & Services Tax Act, 2017

5% GST payable on custom milling of paddy

December 30, 2022 18936 Views 0 comment Print

In re Chopra Trading Company (GST AAR Chhattisgarh) Whether the activity of custom milling of paddy is exempted from the purview of Goods and services Tax, if it is exemption notification the same is exempted? The activity of custom milling of paddy carried out by the applicant is not exempted from the purview of Goods […]

Seeks to amend notification No. 12/2017- Central Tax (Rate)

December 30, 2022 6453 Views 0 comment Print

Seeks to amend notification No. 12/2017- Central Tax (Rate) dated 28th June, 2017 vide Notification No. 15/2022 -Central Tax (Rate) | Dated: 30th December, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION Notification No. 15/2022 -Central Tax (Rate) | Dated: 30th December, 2022 G.S.R. 926(E).—In exercise of the powers conferred by sub-sections (3) and (4) of […]

Seeks to amend notification No. 4/2017- Central Tax (Rate)

December 30, 2022 3183 Views 0 comment Print

Seeks to amend notification No. 4/2017- Central Tax (Rate) dated 28th June, 2017 vide Notification No. 14/2022-Central Tax (Rate) | Dated:  30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) Notification No. 14/2022-Central Tax (Rate) | Dated:  30th December, 2022 G.S.R. 922(E).— In exercise of the powers conferred by sub-section (3) of section 9 of the […]

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