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 SCN uploaded in the Additional Notices Tab without effective visibility denied the assessee a fair hearing,...
Goods and Services Tax : The ruling clarifies that an annual return is incomplete without the reconciliation statement where required. Late filing of GSTR-...
Goods and Services Tax : The case addressed whether cancellation for non-filing of returns could be reversed. The court allowed revocation subject to filin...
Goods and Services Tax : The Court held that two assessment orders for the same discrepancies and tax period cannot coexist. It quashed one order and allow...
Goods and Services Tax : The court held that tax liability was fixed at the time of auction completion, prior to GST implementation. Delayed payment could ...
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...
A detailed analysis of the bail case involving Ravinder Nath Sharma and the Union of India at the Allahabad High Court. Get insights into the court’s judgment related to GST recovery and illegal arrest allegations.
Uncover the concerns and challenges of GST Rule 88C, introduced through Notification No. 26/2022-Central Tax, in the form of FORM GST DRC-01B. Explore the potential abuse of power, short response time, and initiation of recovery under Section 79. Understand the implications and consider the constitutionality of Rule 88C. Stay informed and protect your rights.
Explore the complexities of GST on services exported without consideration. Despite the absence of payment, the tax authorities may demand GST during audits, leading to challenges for exporters. Understand the relevant provisions, analyze the taxability, and stay informed on the latest developments.
Explore the Orissa High Court’s recent ruling in the case of Chirag Industries vs the Additional Commissioner of State Tax, where coercive actions for GST arrears recovery were suspended pending a writ petition
A.P. Processor judgment of High Court is affirmed by Hon’ble Supreme Court. The issue is regarding the measure of levy of tax on dyeing units. The High Court had held that no tax would be imposed on wastage generated through the process. Only the goods which are embedded in the final cloth would be taxable as those are the only goods in which the property had been transferred as the process in question is works contract.
Read about the recent judgment by the Delhi High Court in the case of Advance Systems vs. Commissioner of Central Excise and CGST, where the court ruled that once an appeal has been successful before the appellate authority, no fresh refund applications are required.
Andhra Pradesh High Court held that initiation of demand of tax u/s 74 may be either section 61 (scrutiny of returns) or section 65 (audit by tax authorities) or some other fact. Mere scrutiny of return not mandatory for initiation of demand of tax u/s 74.
There are discrepancies between the Invoice Value and value in the shipping bill/bill of export and hence required clarity on which one should be adopted as export value for the purpose of refund.
GST Council meetings hit the half-century on 11 July 2023. Various recommendations were made in the 50th GST Council meeting to streamline and enhance the existing procedures and practices. In this regard, this article highlights the various recommendations of the council concerning proposed measures to streamline GST compliance.
Unravel the Penalty Puzzle under GST: Section 122 or 73/74? Dive into the debate over penalty imposition for non-payment, short-payment, and offenses. Understand the divided interpretations, implications, and the legislative intent. Stay informed to navigate GST complexities.
