Goods and Services Tax : Discover CBIC's latest circular setting monetary limits for GST appeals. Understand how these limits streamline litigation and imp...
Goods and Services Tax : Understand CGST Act's Section 16(4) time limits for claiming ITC on RCM supplies from unregistered persons, clarified in SEBI's Ci...
Goods and Services Tax : Explore summaries of recent GST circulars issued by CBIC following GST Council recommendations. Stay updated on key clarifications...
Goods and Services Tax : The Kerala High Court dismisses Tyre India Spare India's writ challenging CGST Act's Section 16(4). Assessee granted extended appe...
Goods and Services Tax : Unlock the guide to BSE (Bombay Stock Exchange) compliances covering XBRL filing, board meetings, and regulatory obligations. Esse...
Goods and Services Tax : Explore the impact of the 53rd GST Council Meeting recommendations, including waivers on interest and penalties under Section 73, ...
Goods and Services Tax : Explore the major challenges faced by GST taxpayers in India and recommendations for improvement. Read insights from Rajasthan GST...
Goods and Services Tax : Former A.P. Minister & MP Mopidevi Venkata Ramana Rao urges Finance Minister Nirmala Sitaraman to consider amnesty for GST Sec 16(...
Goods and Services Tax : Explore the key provisions of Finance Bill 2024, including mandatory ISD registration, penalties for unregistered machines, and up...
Goods and Services Tax : The Central Bureau of Investigation apprehends a CGST Inspector and two private individuals in a bribery case involving Rs. 10 lak...
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 : GST rates on solar cookers, fire water sprinklers, parts of poultry-keeping machinery, pre-packaged agricultural produce and suppl...
Goods and Services Tax : Latest GST clarifications on services including Indian Railways, RERA, digital payments, insurance schemes, and accommodation serv...
Goods and Services Tax : Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless...
Goods and Services Tax : Learn how exporters can claim refund of additional IGST paid due to price increases post-export. Details on application process an...
Goods and Services Tax : CBIC exempt Compensation cess on supply of aerated beverages and energy drinks to authorised customers by Unit Run Canteens under ...
Notification No. 07/2023 Union Territory Tax (Rate) exempts private sector organizations providing satellite launch services from GST, as per GST Council’s 50th meeting recommendations.
Ministry of Finance, through Notification No. 07/2023 Union Territory Tax (Rate) dated 26th July 2023, has issued an amendment to provide GST exemption for satellite launch services offered by private sector organizations. This amendment is based on the recommendations of the 50th GST Council Meeting. MINISTRY OF FINANCE (Department of Revenue) Notification No. 07/2023 Integrated […]
The Ministry of Finance, through Notification No. 07/2023 Central Tax (Rate) dated 26th July 2023, has issued an amendment to provide GST exemption for satellite launch services offered by private sector organizations. This amendment is based on the recommendations of the 50th GST Council Meeting. MINISTRY OF FINANCE (Department of Revenue) Notification No. 07/2023 Central […]
The Ministry of Finance, through Notification No. 06/2023-Union Territory Tax (Rate) issued on 26th July 2023, introduces amendments in GST for Goods Transport Agencies (GTA). Notification No. 06/2023- Union Territory Tax (Rate) focuses on the continuation/exercise of the Reverse Charge Mechanism (RCM) and Forward Charge Mechanism (FCM) options by GTAs, as per the recommendations of the […]
Notification No. 06/2023-Integrated Tax (Rate) amends GST for GTA, allowing the continuation/exercise of RCM/FCM option. Effective from 27th July 2023.
Notification No. 06/2023-Central Tax (Rate) issued by the Ministry of Finance amends GST rates for services as recommended by the GST Council’s 50th meeting.
GSTN announces the launch of the e-Invoice Exemption Declaration functionality for taxpayers exempted from e-Invoicing under CGST Rules.
he State Goods and Services Tax Department has introduced a new Reference Number (RFN) system to replace the existing Document Identification Number (DIN) for all communications issued to taxpayers and individuals. Circular No. 14/2023 provides guidelines for the implementation and exceptions to this new system. Circular No. 14/2023 highlights the transition from the DIN to […]
Six years after the rollout of the biggest indirect tax reform of India, the consistent monthly revenue of Rs 1.5 lakh crore from the Goods and Services Tax (GST) has established itself as the new normal. India implemented the Goods and Services Tax (GST) on July 1, 2017, marking a significant milestone in tax reform. […]
Stay updated on GST regulations! Analysis of 9 GST Circulars issued by CBIC on 17th July 2023. Key insights on interest charging, ITC, TCS liability, warranty replacement, and more.
