CA, CS, CMA : Summary of key tax, GST, customs, RBI, and legal updates issued by Indian authorities for the week ending April 6, 2025, including...
CA, CS, CMA : Summary of tax and regulatory updates: income tax bonds, GST rulings, SEBI amendments, customs tariffs, and DGFT trade policy chan...
Goods and Services Tax : The Central Board of Indirect Taxes and Customs (CBIC) has announced significant extensions to the deadlines for filing Goods and ...
Goods and Services Tax : CBIC issues guidance on GST treatment of vouchers, addressing distribution models, unredeemed vouchers, and associated services to...
CA, CS, CMA : Key updates from Income Tax, GST, DGFT, RBI, and more for the week ending 29th Dec 2024....
Goods and Services Tax : CBI arrested a CGST Inspector in Prayagraj for allegedly demanding and accepting a Rs. 10,000 bribe for GST registration verificat...
Goods and Services Tax : Analysis of GST collection targets vs. actuals, tax evasion cases, and govt measures like e-invoicing and analytics to improve com...
Goods and Services Tax : The Sales Tax Bar Association (STBA) Delhi seeks an extension of the GST Amnesty Scheme deadline to 30th June 2025 due to taxpayer...
Goods and Services Tax : Insights on GST policies for medicines and medical goods, exemptions for healthcare services, and GST revenue data from 2019 to 20...
Goods and Services Tax : Details on import duties, GST rates, and tax incentives for lifesaving medical devices in India. Learn about GST Council's role an...
Goods and Services Tax : Allahabad HC grants stay on recovery against Saru Silver Alloys Pvt Ltd, noting challenges to Rule 96(10) of CGST Rules, 2017, ami...
Goods and Services Tax : Supreme Court allows 4 weeks extension to open common portal for Tran 1 & Tran 2 Hon’ble Supreme Court while hearing an appl...
Income Tax : M. K. Traders Vs UOI (Gujarat High Court) Conveyance and the goods came to be detained applying the provisions of Section 130 of t...
Goods and Services Tax : Respondent had issued incorrect invoices while selling the above products to his recipients as he had incorrectly shown the base p...
Goods and Services Tax : Hyderabad Zone GST introduces an email-based grievance mechanism for applicants facing issues with registration queries contradict...
Goods and Services Tax : April 2025 GST collections reached ₹2.36 lakh crore. Update covers CBIC activities, including a new health facility and a curren...
Goods and Services Tax : CBIC instructs officers to ensure timely submission of records to C&AG audit teams and coordinate with taxpayers for required GST-...
Goods and Services Tax : Odisha updates GST rules for appeals and applications, introducing electronic filing formats and withdrawal provisions before the ...
Goods and Services Tax : CBIC sets grievance redressal process for GST registration rejections. Applicants can now email Zonal Chiefs to resolve ARN-based ...
CBIC amends CGST powers for Additional Commissioners via Notification 27/2024. Effective 1st Dec 2024, updated powers cover notices under CGST Act sections.
Kerala SGST’s new circular streamlines adjudication of interconnected show cause notices with a single authority for consistent decision-making.
The due date for GSTR-3B for October 2024 is extended to November 21, 2024, for businesses in Maharashtra and Jharkhand as per CBIC Notification No. 26/2024.
CBIC highlights: GST Pavilion at Trade Fair 2024, customs reforms easing EXIM, online gaming tax evasion, and gold seizure worth Rs. 15 crores in Chennai.
The 18th Customs Consultative Group meeting discussed trade issues. Vigilance Awareness Week focused on integrity, with highlights on recent gold smuggling case.
GST waiver scheme offers relief for tax disputes, waiving interest and penalties if full tax is paid by March 31, 2025.
Omission of Rule 96(10) under Notification 20/2024-Central Tax offers relief to exporters claiming IGST refunds, easing refund procedures for smoother export operations.
Maharashtra GST Department allows offline processing of audits for FY 2020-21 due to technical issues, with instructions for manual notice issuance.
Guidance on GST registration for applicants in ‘Other Territory’ near India’s coasts; select Mumbai South or Chennai North Commissionerate based on location.
From April 1, 2025, taxpayers with AATO of ₹10 crores must report e-invoices within 30 days on the IRP portal.
