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 : Explore simplified Input Service Distributor (ISD) provisions under GST, mandatory from April 2025, detailing credit distribution,...
Goods and Services Tax : Review 9 essential GST compliances before 31st March 2025, including LUT submission, composition scheme opting, e-invoicing, credi...
Goods and Services Tax : This Blog analyzes the consequences of GST on e-commerce businesses and the impacts of its tax policy, as well as compliance oblig...
Goods and Services Tax : Radhika Agarwal Judgment plays an important role for aligning and clarifying the procedures for arrest under the Customs and GST A...
Goods and Services Tax : Learn about India's GST Act, its structure, objectives, tax types, exemptions, compliance measures, and the role of the GST Counci...
CA, CS, CMA : Get the latest Income Tax and GST notifications, updates, and circulars from February 10 to 16, 2025, including ITR filing deadlin...
Goods and Services Tax : KSCAA highlights issues in GST registration, suggesting uniform SOPs, better verification, geocoding fixes, transparency, and supp...
Goods and Services Tax : Karnataka CA Association urges upgrades to the Professional Tax portal, addressing issues like OTP errors, payment glitches, and l...
Goods and Services Tax : West Bengal's GST share dropped from 4.6% in 2019-20 to 4% in 2024-25. Learn about factors affecting revenue, government measures,...
Goods and Services Tax : Government addresses GST exemption on health & life insurance premiums, forming a GoM for review. Key updates on current exemption...
Goods and Services Tax : Madras High Court quashes GST order against P. Rajasekaran, citing violation of natural justice. Petitioner granted relief on depo...
Goods and Services Tax : Orissa High Court denies pre-arrest bail to GST Officer accused of embezzling ₹71.03 lakhs, citing the seriousness of the econom...
Goods and Services Tax : Gujarat High Court sets aside a GST demand order for violating natural justice by denying a personal hearing, remanding the matter...
Goods and Services Tax : Kerala HC denies Neo Classic Cruise's plea against GST order, ruling classification disputes must be appealed under Section 107, n...
Goods and Services Tax : AP High Court quashes GST assessment order against Knight Hawk Security due to missing DIN, allowing fresh assessment with due not...
Goods and Services Tax : A Group of Ministers (GoM) is set up to evaluate the feasibility of a special cess under GST for disaster relief and recommend a u...
Goods and Services Tax : The GST Council reconstitutes the GoM on Revenue Analysis with new terms of reference to assess revenue trends, compliance, and po...
Goods and Services Tax : Rajasthan mandates virtual hearings for GST cases. Learn about the process, requirements, and compliance under the new guidelines ...
Goods and Services Tax : CBIC issues KYC compliance clarifications for couriers, reports on significant drug seizures, overvaluation cases, and announces p...
Goods and Services Tax : GSTN allows company directors to complete biometric authentication at any GST Suvidha Kendra in their home state. Read the latest ...
Stay informed about the latest clarifications in GST, including updates on tax rates, GST evasion cases, mandatory e-invoicing, and new IRPs. Learn about changes affecting businesses and taxpayers.
Elevate your understanding of E-Invoicing compliance with this concise note. Delve into Rule 48 of CGST Rules, covering the issuance of invoices and recent amendments. Uncover the specific conditions for generating an Invoice Reference Number (IRN) and its significance. Stay informed about the evolving thresholds and effective dates for E-Invoicing compliance. Explore key details on QR codes, applicability, modes of generation, and cancellation procedures. Stay ahead in the realm of GST compliance.
Dive into the intricacies of Composite Supply and Mixed Supply under GST as per Section 8 of the CGST Act, 2017. Uncover the distinctions between these concepts, exploring scenarios where goods and services are naturally bundled. Understand the tax rates applicable to Composite and Mixed supplies, distinguishing the primary supply and item of highest GST rate. Gain clarity with real-world examples, from booking train tickets to renting houses for dual purposes. Equip yourself with insights to navigate GST complexities effectively.
Explore the details of the recent case involving Director General of Anti-Profiteering and Subway Systems India Pvt. Ltd. The Competition Commission of India’s thorough analysis, findings, and conclusion on potential violations of CGST Act, 2017
Calcutta High Court has held that the denial of Input Tax Credit (ITC) to the recipient without due investigation of the supplier cannot be sustained. The ruling highlights the importance of conducting proper inquiries before reversing ITC claims.
CBIC recently issued two circulars, Circular No. 200/12/2023-GST and Circular No. 201/13/2023-GST, providing clarifications on the rates and classification of certain goods and services based on the recommendations of the GST Council in its 50th meeting held on 11th July 2023.
In a rapidly digitising world, ensuring tax compliance has become a challenging task for governments worldwide, and India is no exception. In response to a recent Lok Sabha query, the Government of India has shared insightful details on how they’re battling the rising challenge of GST and tax evasion, painting an intriguing picture of their […]
One crucial change was treatment of supplies made to SEZ units or developers, which were recognized as ‘Zero rated supplies’ under Section 16 of (IGST Act, 2017.
Recommendations of 51st GST Council Meeting GST Council recommends certain amendments in CGST Act 2017 and IGST Act 2017, including amendment in Schedule III of CGST Act, 2017, to provide clarity on taxation of supplies in casinos, horse racing and online gaming GST Council also recommends inserting a specific provision in IGST Act, 2017 to […]
Read about the recent Madras High Court ruling that denies Input Tax Credit (ITC) if tax hasn’t been paid to the government. Analysis and implications for businesses dealing with suppliers with cancelled GST registrations.
