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.
Goods and Services Tax : The article questions the use of Section 74 for mere reconciliation differences between Form 26AS and GSTR-1. The key takeaway is ...
Goods and Services Tax : The debate examines why GST penalties under Section 122(1A) may survive a direct challenge under Article 20(2). The key takeaway i...
Goods and Services Tax : The Court held that cancellation proceedings for Rule 10A violations must be initiated through FORM GST REG-31, which grants thirt...
Goods and Services Tax : The Karnataka AAR held that ITC on statutory canteen services is available only to the extent of expenses actually borne by the em...
Goods and Services Tax : E-commerce sellers generally require GST registration from their very first sale, irrespective of turnover thresholds applicable t...
Goods and Services Tax : The Rajasthan GSTAT Bar has urged the Tribunal to adopt a pragmatic approach by accepting pre-deposits made through the Electronic...
Goods and Services Tax : Haryana recorded the highest State GST growth rate in India at 22% in May 2026. The achievement is attributed to strong tax admini...
Goods and Services Tax : Practitioners are reportedly following different methods while completing GSTAT appeal forms because of inadequate guidance. The r...
Goods and Services Tax : The certificate clarifies that dealing and investment in securities are outside the scope of GST. Companies engaged solely in secu...
Goods and Services Tax : Representation addressed to Union Finance Minister, GST Council and CBIC seeks legislative and administrative relief for bona fide...
Goods and Services Tax : The Kerala High Court set aside a consolidated notice issued for FY 2019-20 to 2024-25. It held that separate notices must be issu...
Goods and Services Tax : The Court granted interim protection after observing that proceedings under Section 73 appeared to nullify refund orders sanctione...
Goods and Services Tax : The Gauhati High Court held that partners who retained benefits from GST violations and acted behind such transactions can be pena...
Goods and Services Tax : The Court held that denial of input tax credit cannot be justified solely because the selling dealer failed to deposit tax, where ...
Goods and Services Tax : The Court held that writ petitions need not continue once the GSTAT becomes operational and statutory appeal timelines are availab...
Goods and Services Tax : GSTN has postponed the implementation of mandatory "Ship To GSTIN" capture and voluntary E-Way Bill closure to 1 August 2026. The ...
Corporate Law : The 2026 amendments significantly expand disclosure requirements for operational creditors and corporate applicants. The changes a...
Goods and Services Tax : Gross GST collections reached ₹1.94 lakh crore in May 2026, registering 3.2% growth. The increase was driven largely by a 19.1% ...
Goods and Services Tax : The West Bengal GST Department ruled that intra-State movement of goods related to job work remains exempt from e-way bill generat...
Goods and Services Tax : GSTN has announced mandatory capture of Ship-To GSTIN in Bill-To/Ship-To transactions under the EWB system. The change aims to imp...
Explore the implications of Input Tax Credit (ITC) on CGST and SGST paid in states where a registered person is not located. Learn through a real-world example and a relevant case ruling. Understand the destination-based nature of GST and how it impacts ITC eligibility. Gain insights into the Storm Communications Private Limited case to navigate the complexities of claiming CGST in a different state. Delve into the nuances of GST regulations for a comprehensive understanding.
Gain insights into the Reverse Charge Mechanism (RCM) implications on renting motor vehicles under GST. Understand the definition of motor vehicles, recent amendments to notifications, and the nuances of RCM in the context of renting motor vehicles designed for passenger use. Explore the flowchart illustrating the complexities of these transactions and address common questions on GST rates, registration requirements, and more.
Explore the highlights and impacts of the 48th GST Council meeting held virtually on December 17, 2022. Delve into key recommendations, including the reduction of GST on biofuel, clarifications on RuPay transactions, and the groundbreaking move to decriminalize certain GST offences. Uncover missed discussions on crucial issues, such as the establishment of an Appellate Tribunal and the tax rates on new technologies and products. Stay informed on the evolving landscape of GST regulations and reforms for businesses and consumers alike.
GST has made the tax return filing procedure simple by merging the information about the products and services of the sellers and customers under one head. The GST Council and the Finance Ministry developed the GSTN (Goods and Services Tax Network), a system where taxpayers are required to record all information on invoices, purchases, sales, dates, and locations. This provides a convenient platform for GST-registered taxpayers to connect and file the GST return form, claim ITC, and so on.
Advanced Analytics in Indirect Taxation (ADVAIT) has become the foremost arrow in our quiver of analytical tools. The Directorate General of Systems and Data Management has been consistently engaging with field formations to understand their requirements and to encourage the use of the tool.
Graziano Transmission India Private Limited Vs State of Gujarat (Gujarat High Court) Section 75(4) of the CGST Act, 2017 provides that an opportunity of hearing is to be provided where a request is received in writing from the person chargeable with tax or penalty or where any adverse decision is contemplated against such person. The […]
Interim relief in terms of deposit of fine in lieu of confiscation of vehicle being Rs. 2,50,062/- with penalty of Rs. 5,00,124/- under Section 129(1a) which included 200% of the tax amount and bond value against the release of the goods to the tune of Rs. 13,89,224/- as per GST MOV-10 should be furnished by assessee for release of the goods detained/ seized under that Section and no coercive steps or further order under Section 130 should be passed
Government has now made changes in the applicable Rules related to refund to consumers/ unregistered persons for cancelled contracts and where the time limit for making any changes by the supplier of service has expired.
Understand the intricacies of exporting goods and services against a Letter of Undertaking (LUT) in the GST regime. Learn about the eligibility criteria, validity, and the time for acceptance of LUT/Bond. Get insights into the consequences of delay in furnishing LUT and the process of furnishing LUT at the time of export. Stay compliant with the latest rules and regulations governing exports under LUT in the Goods and Services Tax system.
Stay updated with the latest GST developments! Explore the key clarifications and amendments issued by the Government in the Monthly GST Newsletter for January 2023. Know the compliance timelines and significant updates, including decisions from the 48th GST Council meeting.
