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...
Dive into the Calcutta High Court’s verdict on the case of Newby Teas Overseas Private Limited Vs Joint Commissioner (Appeal), leading to a remand for readjudication of a customs refund claim.
Explore the recent judgment from the Calcutta High Court in the case of Datta Iron & Steel Pvt Ltd Vs DCIT, as the court mandates filing of an affidavit in opposition over the show cause notice issued by GST authorities.
The weekly newsletter from the Chairman of the Central Board of Indirect Taxes & Customs (CBIC) dated 14/07/2023 highlights India’s exceptional trade facilitation ranking and showcases a traditional art form from the Tirupathi region. The newsletter also mentions significant achievements in customs operations and emphasizes the importance of supporting communities affected by extreme weather events. […]
Explore the provisions of Section 67(1) of the CGST Act, 2017, providing insights into the power of inspection, search, and seizure by authorized GST officials. Learn about the conditions and criteria under which such powers can be invoked, safeguarding the interests of revenue and ensuring compliance.
Although with the advent of E-commerce, the distance between a manufacturer and an end consumer is reducing day by day, however, the age-old system of a supply chain consisting of manufacturers, depots, stockiest, distributors, wholesalers, retailers etc. is still in existence.
Key highlights from the 50th GST Council Meeting: Changes in tax rates, trade facilitation measures, compliance streamlining, and proposed amendments in GST law. Stay informed with the latest GST updates.
Calcutta High Court quashed imposition of a 200% penalty on Bitumix India LLP for a violation related to an expired e-Way Bill. HC determined that while there was a violation, it was not grave enough to warrant such a high penalty. Instead, court directed appellants to pay a penalty of Rs. 50,000, which includes both CGST and WBGST.
Missed filing your GSTR-9 for financial years 2017-18 to 2021-22? A rare 2nd chance until 31.08.2023. Check your compliance, avoid late fees, and make the most of this opportunity.
Explore the significant shift in GST levies on online gaming, casinos, and horse racing following the 50th GST Council Meeting on 11th July 2023. Uncover the key recommendations, implications for skill-based and chance-based games, and the industry’s response. Stay informed on the evolving tax landscape for the gaming sector.
Explore the key recommendations from the 50th GST Council Meeting held on 11/07/2023. From clarifications on the Input Services Distributor (ISD) mechanism to proposed amendments in the GST law, discover insights that enhance efficiency and clarity in the GST system. Stay informed on crucial changes affecting businesses and compliance.
