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 Andhra Pradesh High Court held that GST recovery proceedings under Section 79 can be initiated against a bank after an assessm...
Goods and Services Tax : The Allahabad High Court considered a challenge to amended CGST provisions restricting ITC despite valid invoices and payment of t...
Goods and Services Tax : Kerala High Court ruled that authorities must determine both whether the payment amounts to a supply under Section 7(1) and whethe...
Goods and Services Tax : High Court ruled that a GST order could not survive where SCN did not specify date, time, or venue for personal hearing. Judgment ...
Goods and Services Tax : Patna HC refused to interfere with GST proceedings after taxpayer’s representative admitted liability towards interest and penal...
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 ...
Representing Karnataka State Chartered Accountants Association’s suggestions for GST Act changes to Hon. Union Minister of Finance, Nirmala Sitharaman. Recommendations aim to streamline tax laws, reduce disputes, and enhance compliance.
KSCAA urges FM Nirmala Sitharaman to reduce mandatory pre-deposit for GST appeals, addressing financial strain and clarifying ambiguities.
KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user experience.
Bombay High Court grants interim bail in Mahesh Devchand Gala vs Union of India, ruling against routine arrests under GST allegations. Full judgment details inside.
आजकल, जीएसटी फॉर्म डीआरसी 03 में अन्य विकल्प पोर्टल पर उपलब्ध कराए गए हैं। इसमें प्रथमत: ऑडिट से संबंधित भुगतान और दूसरे कारणों का उल्लेख करने वाले नोटिस (SCN) जारी होने के बाद स्वैच्छिक भुगतान के संबंध में है। हाल ही में किए गए यह परिवर्तन अत्यंत महत्वपूर्ण है, क्योंकि अब जीएसटी फॉर्म डीआरसी 03 […]
GSTR-1A allows taxpayers to promptly rectify any errors or omissions in their GSTR-1 submissions within the same period. This feature ensures that any necessary adjustments can be made before the finalization of GSTR-3B for the corresponding tax period.
Article discusses controversy around arbitrary extensions of limitation periods for SCNs under GST, analyzing legality, fairness, and implications for taxpayers.
Understand Section 161 of CGST Act for rectifying errors apparent on the face of record in GST filings. Learn about scope, application, and implications.
Article explains nuances of rectification under GST – an overlooked option for correcting apparent errors in assessment orders, ensuring fairness and compliance without resorting to lengthy appeals.
Explore whether THDCIL pays GST under Forward Charge or RCM and if UKPSVEN can have dual status as a local authority.
