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.
CA, CS, CMA : The update discusses GST rulings on ITC and refunds, income tax relief interpretations, and insolvency reforms. It also covers dis...
Goods and Services Tax : The court held that recovery cannot proceed against a legal heir without determining liability under Section 93, reinforcing due p...
Goods and Services Tax : The comparison shows how large-scale frauds go undetected for years while professionals face immediate coercive action. Courts hav...
Goods and Services Tax : The law prohibits all real-money online games regardless of skill, marking a major shift from earlier legal precedents and reshapi...
Goods and Services Tax : The issue was classification of bundled hotel services under GST. It is clarified that naturally bundled services are taxed as com...
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 case highlights that summons lacking details of the underlying inquiry violate procedural fairness. It underscores the need fo...
Goods and Services Tax : CBI arrested GST officials for demanding a bribe to facilitate registration approval. The case highlights strict enforcement again...
Goods and Services Tax : The court held that an adjudication order passed without considering the taxpayer’s reply is unsustainable. It remitted the matt...
Goods and Services Tax : The Court held that a single show cause notice covering multiple assessment years is not legally sustainable. Authorities were per...
Goods and Services Tax : The ruling highlights that ignoring a taxpayer’s additional reply and request for hearing renders the order unsustainable. The c...
Goods and Services Tax : The court held that the revised 18% GST rate is applicable, but deferred recovery of the 6% differential tax as reimbursement from...
Goods and Services Tax : The Court removed the requirement to verify “authorized operations” for earlier transactions, holding that the condition was i...
Goods and Services Tax : The GST portal launches an Excel-based IMS Offline Tool to help taxpayers efficiently manage and process invoices. It enables bulk...
Goods and Services Tax : CBIC extends due date for filing March 2026 GSTR-3B to April 21, 2026, for registered persons under Section 39 of the CGST Act....
Goods and Services Tax : GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical iss...
Goods and Services Tax : GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verificat...
Goods and Services Tax : Taxpayers faced issues filing appeals where adjudication orders showed zero demand. GSTN clarified that such system limitations re...
In a significant ruling, the Jharkhand High Court finds that Revenue cannot issue fresh show cause notices for the same period after the accepted First Appellate Order. Learn more about the case and analysis.
Understand GST on renting residential dwellings: Taxability for residential or commercial purposes, reverse charge mechanism, IGST/CGST/SGST applicability, TDS, exemptions, and recent updates. Learn how the use of the property determines GST on rent and rental income. Stay informed about the latest changes effective from July 18, 2022.
Goods and Services Tax (GST) system has revolutionized the indirect taxation landscape in India. However, navigating the complexities of GST can be challenging for businesses, especially when it comes to concepts like Input Service Distributor (ISD) and Cross Charge.
Unlock the secrets of Reverse Charge Mechanism (RCM) under GST with our comprehensive guide. Delve into the intricacies of this transformative tax mechanism introduced in the Goods and Services Tax (GST) regime. Whether you’re a seasoned tax professional, an entrepreneur, or someone eager to understand the complexities of GST, this guide equips you with the knowledge to navigate the dynamic landscape of RCM.
Learn how to claim Input Tax Credit (ITC) when an unregistered supplier becomes liable for registration under GST. Follow the procedure, calculations, and rules for ITC eligibility and filing Form GST ITC-01
Explore the intricacies of ISD and Cross Charge in GST with CA Sagar V Shah. Delve into Circular No. 199/11/2023-GST, dissecting the taxability of internally generated and third-party services. Gain insights into the nuances, including the treatment of salary costs and the distribution of ITC. Unravel the complexities to make informed decisions in your business. Contact CA Sagar V Shah for expert advice. Disclaimer: This content is for informational purposes only and not professional advice.
DGGI Meerut Zonal Unit uncovers two major fake billing rackets involving 246 entities with Rs. 557 Cr ITC. Three arrests made. Details here.
Bombay HC sets aside tax refund rejection of Wallem Shipmanagement. Court cites COVID-19 disruptions and upholds principles of natural justice
HC set aside the order passed by Gujarat High Court and held that power to arrest a person by an empowered authority under GST Act may be termed as statutory in character and ordinarily high courts should not interfere with exercise of such power under writ jurisdiction.
Gujarat HC allows a second GST refund application for the same period in the case of Shree Renuka Sugars Ltd. Learn about the ruling’s implications, including situations for reapplication and key insights from the case. Understand the importance of meeting all conditions for a successful refund application. Stay informed with the latest updates.
