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 discusses how GST authorities are increasingly reversing ITC based on upstream NGTP allegations without proving fraud ...
Goods and Services Tax : The article explains common objections raised during GST departmental audits under Section 65, including ITC mismatches, GSTR reco...
Goods and Services Tax : The article explains how rigid GST compliance and fear of penalties are pushing small businesses back into cash transactions. It s...
Goods and Services Tax : The new Invoice Management System (IMS) will introduce real-time invoice matching and automated ITC verification under GST. Busine...
Goods and Services Tax : This article explains updated GST rates, ITC rules, SAC classifications, and compliance requirements applicable to hotels and hosp...
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 : 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 : Bombay High Court observed that payments made while search proceedings are continuing may not automatically qualify as voluntary d...
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 Authority dismissed the Departments appeal, confirming that geomembranes are textile products. The ruling relied on established judicial precedent and the product’s manufacturing process involving weaving.
The article highlights how higher GST on battery rentals erodes cost advantages of BaaS. It emphasizes the need for tax alignment to support EV adoption.
GST registration cannot be cancelled merely due to an unregistered rental agreement, as it is not a statutory ground. Courts emphasize that procedural defects do not justify drastic actions like cancellation.
The court held that failure to grant a personal hearing violated statutory provisions and natural justice, invalidating the proceedings. It ruled that such defects cannot be cured at the appellate stage.
The issue involved rejection of an appeal against GST cancellation on limitation grounds. The Court granted relief by following consistent precedents, allowing restoration subject to compliance conditions.
The issue concerns misuse of powers during GST proceedings. The key takeaway is that courts enforced strict statutory limits and protected taxpayer rights.
The case examined whether separate penalties under CGST and SGST were permissible. The Court ruled such imposition unjustified and restricted the penalty to ₹25,000.
The case shows that failure to respond to GST notices led to tax demand even for exempt supplies like raw milk. Authorities presumed taxability due to lack of evidence. Timely replies and documentation are crucial to avoid such outcomes.
GSTAT serves as the second appellate authority with defined procedures and timelines. Compliance with filing and pre-deposit rules is essential.
The amendment shifts place of supply to the recipient’s location. This impacts export eligibility and RCM applicability based on time of supply.
