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GST

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.

Latest Articles


GST Impact on supply of Capital Goods

Goods and Services Tax : As per Section 18(6) of the Central Goods and Service Tax Act, 2017 In case of supply of capital goods or plant and machinery, on ...

August 19, 2024 9 Views 0 comment Print

Reverse Charge Mechanism Under GST – Brief View

Goods and Services Tax : Reverse Charge Mechanism (RCM) in GST is a system where the recipient of goods or services is liable to pay the tax instead of th...

August 19, 2024 3789 Views 0 comment Print

The Finance Act 2024 – Key Amendments relating to Indirect Taxes

Goods and Services Tax : The Finance (No 2) Act 2024 been notified on 16th August 2024. The Finance Act sections 114 to 157 Page  114 to 157 (Page 67 to 6...

August 18, 2024 789 Views 0 comment Print

Is Section 61 ASMT-10 Notice Required for Actions Under Sections 73 or 74?

Goods and Services Tax : Overview of GST tax liability, self-assessment, and the distinction between scrutiny under Section 61 and actions under Sections 7...

August 18, 2024 2970 Views 0 comment Print

Granting of hearing opportunity is mandatory under Section 75(4) before passing of adverse order

Goods and Services Tax : Karnataka HC ruled that under Section 75(4) of CGST Act, a hearing opportunity must be granted before passing an adverse order. Ba...

August 16, 2024 702 Views 0 comment Print


Latest News


Tax Audit Under Income Tax Act: Detailed Live Course with Practical Insights

Income Tax : Join our live course from Aug 23-25, 2024, to master tax audits, including Form 3CD, financial statements, and GST, with practical...

August 19, 2024 1149 Views 0 comment Print

Live Course on Grow Your IDT Practice & Preparation for GSTAT (GST Tribunal)

Goods and Services Tax : Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Regist...

August 19, 2024 2928 Views 0 comment Print

Superintendent Sentenced in Bribery Case; GST Officers Under Probe

Goods and Services Tax : A Superintendent in Nadiad is sentenced to 5 years for bribery. CBI also investigates two GST officers in Hyderabad for demanding ...

August 17, 2024 588 Views 0 comment Print

Tax Exemptions for BCCI & IPL: Government’s Revenue Impact

Income Tax : Explore the financial impact of tax exemptions for BCCI and IPL, government actions, and proposed reforms from the latest Rajya Sa...

August 6, 2024 354 Views 0 comment Print

Tax Benefits For Skill Training Institutions

Income Tax : Explore the latest updates on tax benefits for skill development institutions in India, including GST exemptions and income tax re...

August 5, 2024 324 Views 0 comment Print


Latest Judiciary


Section 130 GST Proceedings Inapplicable for Excess Stock Found During Survey

Goods and Services Tax : Allahabad High Court ruled Section 130 of GST Act can't be applied for excess stock found during search; Section 73/74 should be u...

August 19, 2024 15 Views 0 comment Print

GST Authorities Empowered to Detain Goods & Survey Business Premises for Document Verification

Goods and Services Tax : Allahabad HC rules that GST authorities can survey business premises for verifying transactions when goods are intercepted without...

August 19, 2024 27 Views 0 comment Print

₹1.36 Crore Penalty for Tax demand of ₹25000: Madras HC set aside GST Department Order

Goods and Services Tax : Madras High Court judgment on Hajee S M Ahamed and Company vs Deputy State Tax Officer, remanding ₹25,000 GST demand and ₹1.36...

August 19, 2024 1911 Views 0 comment Print

Right to Challenge Section 129(3) GST Order Upheld Despite Technical Issues: Calcutta HC

Goods and Services Tax : Calcutta HC reinstates GST appeal for Rahul Bansal, ruling technical glitches can't negate statutory rights to challenge orders un...

August 19, 2024 42 Views 0 comment Print

Failure to check order at GST portal due to registration cancellation: HC directs fresh adjudication

Goods and Services Tax : Kerala High Court grants a petitioner the opportunity to challenge GST assessment orders uploaded post-registration cancellation, ...

August 19, 2024 30 Views 0 comment Print


Latest Notifications


Maharashtra GST Guidelines for Recovery of Dues After First Appeal Until Appellate Tribunal Operation

Goods and Services Tax : Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate...

August 17, 2024 759 Views 0 comment Print

Guidelines for CGST Audit and Investigations

Goods and Services Tax : Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence ...

August 14, 2024 954 Views 0 comment Print

Clarification on Penalty Calculation Under IGST Act 2017

Goods and Services Tax : Kerala SGST department issues a circular clarifying the method of penalty calculation under the IGST Act, 2017 for tax demands mad...

August 13, 2024 393 Views 0 comment Print

Weekly newsletter from Chairman, CBIC dated 12.08.2024

Goods and Services Tax : CBIC's latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smugg...

August 12, 2024 243 Views 0 comment Print

Guidelines for Second special All-India Drive against fake registrations

Goods and Services Tax : CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenu...

August 12, 2024 8907 Views 0 comment Print


ITC available on CSR expenses as in the course of business

March 24, 2021 4962 Views 0 comment Print

The Hon’ble AAR, Uttar Pradesh in the matter of M/S. Dwarikesh Sugar Industries Limited [Order No. 52, dated January 22, 2020] held that expenses incurred towards Corporate Social Responsibility (CSR) by the Company in order to comply with requirements under the Companies Act, 2013 (Companies Act) qualify as being incurred in the course of business […]

GST-related matters are not Ministry of Finance matters: FM

March 24, 2021 4554 Views 0 comment Print

GST-related matters are not Ministry of Finance matters. They are the GST council matters in which all states’ Finance Ministers are members. Without the council’s clearance, no step is taken: Smt @nsitharaman in her reply to the debate on the Finance Bill, 2021 in Lok Sabha. GST-related matters are not Ministry of Finance matters. They […]

If proceedings pending under CGST Act than no proceedings can be initiated under SGST

March 24, 2021 3561 Views 0 comment Print

Raj Metal Industries & Anr. Vs Union of India & Ors. (Calcutta High Court) While allowing a writ petition filed by Raj Metal Industries & Anr, the Calcutta High Court has quashed the proceedings initiated by the West Bengal GST authorities by considering the fact that the matter is already pending before the CGST authorities. […]

GST: HC waives condition of Bank Guarantee of Rs. 30 Crore

March 24, 2021 1155 Views 0 comment Print

What is the reasonable apprehension with the authority is not disclosed in the order at Ext.P6(Series) or in the order at Ext.P9. Furnishing bank guarantee of about Rs.30 crores would certainly block that much amount from the business of the petitioner. The petitioner, on account of an order by the adjudicating authority has no remedy of appeal under Section 107 of the CGST Act in the matter.

Fake GST ITC: Meerut Court Rejects Bail Application

March 24, 2021 1518 Views 0 comment Print

Vishan Gupta Vs State of U.P. (Meerut District Court) The applicant has been arrested and he has been explained the grounds of his arrest. The raid and search operation were conducted by the team of officers of Directorate General of GST intelligence on 25/­05/­2019 at the rented premises and during search some documents and Computer […]

Allow payment of GST by buyer directly to Govt similar to RCM: FAIVM

March 23, 2021 7185 Views 1 comment Print

Allow payment of GST by buyer directly to Government similar to RCM: FAIVM said in its representation Distressed by the complexities and oddities of GST, traders have made a unique effort. Submission of collective representation in series , has been initiated by the Federation of All India Vyapar Mandal (FAIVM), the nation’s apex trade organization. […]

Steps to register on GST e-invoice portal

March 23, 2021 95793 Views 6 comments Print

The present article covers the basics of the e-invoice portal and also explains the steps to register on the e-invoice portal. Basic understanding of e-invoice portal- Following are some of the basics of an e-invoice portal– ♥ https://einvoice1.gst.gov.in/ is the first invoice registration portal. ♥ The e-invoice portal is maintained by the NIC (i.e., National […]

Mixed Supply & Composite Supply under new GST Law

March 23, 2021 14283 Views 0 comment Print

‘Mixed Supply’ and ‘Composite Supply’ are defined in the GST Law. The purpose/intent for such specific definition was to differentiate between the two types of supplies so as to determine the appropriate tax rate that would be applicable for such supplies.

GST Changes From 01/04/2021 & things to do before 31/03/2021

March 23, 2021 40701 Views 4 comments Print

1. E-Invoicing is Mandatory for Registered Person under GST if Supply (Turnover) (U/s 7(1) of CGST Act 2017) for the FY 2020-21 Exceeds Rs. 50 Crores. (Notification No. 05/2021 – Central Tax Dated 08/03/2021.) 2. Regular Registered Person wanting to opt for Composition Scheme for FY 2021-22 may apply for change on or before 31/03/2021. […]

Enable submission of rectified Form GST TRAN-2: HC

March 23, 2021 690 Views 0 comment Print

Jigar Cars Pvt. Ltd. Vs Union of India (Gujarat High Court) The respondents are directed to either open an online portal so as to enable the writ-applicants to again file a rectified Form GST TRAN-2 electronically, for the month of July 2017 as well as the Form GST TRAN-2 for the subsequent months from August […]

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