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...
Seeks to amend notification No. 2/2017- Central Tax (Rate) dated 28th June, 2017 vide Notification No. 13/2022-Central Tax (Rate) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 13/2022-Central Tax (Rate) | Dated: 30th December, 2022 G.S.R. 919(E).—In exercise of the powers conferred by sub-section (1) of section 11 of […]
Seeks to amend notification No. 1/2017- Central Tax (Rate) dated 28th June, 2017 vide Notification No. 12/2022-Central Tax (Rate) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 12/2022-Central Tax (Rate) | Dated: 30th December, 2022 G.S.R. 916(E).—In exercise of the powers conferred by sub-section (1) of section 9 and […]
An advance ruling helps the applicant in planning his activities which are liable for payment of GST, well in advance. It also brings certainty in determining the tax liability, as the ruling given by the Authority for Advance Ruling is binding on the applicant as well as concerned Government authorities.
Seeks to amend notification No. 12/2017- Union Territory Tax (Rate) dated 28thJune, 2017 vide Notification No. 15/2022 -Union Territory Tax (Rate) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION Notification No. 15/2022 -Union Territory Tax (Rate) | Dated: 30th December, 2022 G.S.R. 928(E).—In exercise of the powers conferred by sub-sections (3) and […]
Seeks to amend notification No. 4/2017- Union Territory Tax (Rate) dated 28thJune, 2017 vide Notification No. 14/2022-Union Territory Tax (Rate) | Dated: 30th December, 2022. MINISTRY OF FINANCE (Department of Revenue) Notification No. 14/2022-Union Territory Tax (Rate) | Dated: 30th December, 2022 G.S.R. 924(E).—In exercise of the powers conferred by sub-section (3) of section 7 of […]
Seeks to amend notification No. 2/2017- Union Territory Tax (Rate) dated 28thJune, 2017 vide Notification No. 13/2022-Union Territory Tax (Rate) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 13/2022-Union Territory Tax (Rate) | Dated: 30th December, 2022 G.S.R. 921(E).—In exercise of the powers conferred by sub-section (1) of section […]
Seeks to amend notification No. 1/2017- Union Territory Tax (Rate) dated 28th June, 2017 vide Notification No. 12/2022-Union Territory Tax (Rate) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 12/2022-Union Territory Tax (Rate) | Dated: 30th December, 2022 G.S.R. 918(E).—In exercise of the powers conferred by sub-section (1) of section […]
Seeks to amend notification No. 9/2017- Integrated Tax (Rate) dated 28th June, 2017 vide Notification No. 15/2022 – Integrated Tax (Rate) | Dated: 30th December, 2022. MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION Notification No. 15/2022 – Integrated Tax (Rate) | Dated: 30th December, 2022 G.S.R. 927(E).—In exercise of the powers conferred by sub-section (3) […]
Seeks to amend notification No. 4/2017- Integrated Tax (Rate) dated 28th June, 2017 vide Notification No. 14/2022-Integrated Tax (Rate) | Dated: 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) Notification No. 14/2022-Integrated Tax (Rate) | Dated: 30th December, 2022 G.S.R. 923(E).—In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated […]
Seeks to amend notification No. 2/2017- Integrated Tax (Rate) dated 28th June, 2017 vide Notification No. 13/2022-Integrated Tax (Rate) | Dated: the 30th December, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 13/2022-Integrated Tax (Rate) | Dated: the 30th December, 2022 G.S.R. 920(E).— In exercise of the powers conferred by sub-section (1) of section 6 […]
