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 Court ruled that ITC on GIDC charges is allowable where no construction is involved. It also held that Section 74 proceedings ...
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 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...
Get an update on the issue of invoices not reflecting in GSTR 2B for April 2022. Learn about the withdrawn advisory and the due date extension.
Decoding GST Pain Points: A deep dive into the challenges faced by businesses in GST implementation. From stringent time-limits to refund hurdles, discover the complexities hindering smooth operations. Explore issues with GST raids, returns, litigation, registration, and accountability. A comprehensive analysis urging reforms for a more business-friendly GST environment.
Considering the difficulties faced by taxpayers in filing their GSTR-3B for the month of April 2022, a proposal to extend the due date of filing GSTR-3B for April 2022 is under active consideration.
Unraveling the Issues of GST: A call for Government Intervention. As GST revenue soars, challenges persist for taxpayers. From GSTR-2B glitches to last-minute rate adjustments, explore the complexities. Its time for the government to streamline the system and curb unwarranted notices for smoother GST compliance. A plea for a balanced and efficient GST ecosystem.
In re Fire Prevent Systems (GST AAR Karnataka) Applicant is providing training to the trainees on fire prevention, the same is covered under SAC 999293 and is liable to GST at 18% as per Serial No.30 of the Notification No. 11/2017-Central Tax (Rate) dated 28th June, 2017 FULL TEXT OF THE ORDER OF AUTHORITY FOR […]
In re Auriga Research Private Limited (GST AAR Karnataka) Section 95 (c) of the CGST Act 2017 defines ‘Applicant’ as any person registered or desirous of obtaining registration under the said Act. It could be easily inferred from above that any person registered or desirous of obtaining registration under CGST Act 2017 can seek advance […]
आइये पहले हाल ही की घटनाओं की चर्चा करें . अभी आपने देखा होगा कि जीएसटी के मुख्य रिटर्न के आधार जीएसटीआर- 2 बी निर्धारित तिथि पर साईट पर नहीं आ सका और उसके लिए भी अंतिम समय पर यह निर्देश दिए गए कि इस माह डीलर्स अपने जीएसटीआर 2 -A से काम चला लें लेकिन यह व्यवस्था नियम विरुद्ध है बल्कि जीएसटी के नेटवर्क के अधिकार क्षेत्र के बाहर भी है.
Taxpayer should claim ITC on the basis of GSTR 2B and not on the basis of GSTR 2A. as GSTR 2B is now available for the month of April 2022.
Earlier Bricks manufacturer mostly take GST number as composition dealer & enjoy 1% tax, but now they have to pay 6% tax at least. Bricks manufacturer now not able to take composition number for GST
CBIC extends due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme in FORM GST PMT-06 till 27th May, 2022
