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 explains that where recipients never avail ITC on rejected goods, no reversal is required upon issuance of credit note...
Goods and Services Tax : The representation seeks safeguards against automatic ITC reversals arising from supplier defaults and retrospective cancellations...
Goods and Services Tax : The Madras High Court held that complete failure to file the annual return can attract both late fee under Section 47 and general ...
Goods and Services Tax : The Karnataka High Court held that granting only one day's time to respond to a show cause notice violates principles of natural j...
Goods and Services Tax : The Madras High Court held that cross-examination is not an absolute right in GST adjudication. Where allegations of fraudulent IT...
CA, CS, CMA : CAAS suggested that while favourable outcomes may be automated, adverse actions should require a named officer's approval supporte...
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 : The Telangana High Court dealt with the legality of issuing multiple show cause notices for the same tax period without adjudicati...
Goods and Services Tax : The issue was whether a GST appeal filed within limitation could be dismissed merely because the mandatory pre-deposit was not mad...
Goods and Services Tax : The issue was whether a taxpayer could pursue a statutory appeal after approaching the High Court against a GST demand order and s...
Goods and Services Tax : The Madras High Court held that failure to file the annual return in Form GSTR-9 attracts late fee under Section 47(2) of the CGST...
Goods and Services Tax : The High Court held that healthcare services remain exempt even when delivered through another hospital under a revenue-sharing ar...
Goods and Services Tax : GSTAT Mumbai Bench has officially commenced functioning, making it mandatory for taxpayers within its jurisdiction to file appeals...
Goods and Services Tax : The Committee recommended replacing daily cause lists with weekly schedules and permitting supplementary lists when necessary. The...
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% ...
CBIC notifies Amendment in CGST rate on specified handicraft items WEF 01.01.2022 vide Notification No. 20/2021-Central Tax (Rate) Dated 28th December, 2021 by amending Notification No. 21/2018-Central Tax (Rate), dated the 26th July, 2018 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 20/2021-Central Tax (Rate) G.S.R. 898(E).— In exercise […]
UTGST: CBIC notifies amendment in list of exempt goods wef 01.01.2022 vide Notification No. 19/2021-Union Territory Tax (Rate), Dated: 28.12.2021 by amending Notification No. 2/2017- Union Territory Tax (Rate), dated the 28th June, 2017 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 19/2021-Union Territory Tax (Rate) G.S.R. 897(E).— In […]
IGST: CBIC notifies amendment in list of exempt goods wef 01.01.2022 vide Notification No. 19/2021-Integrated Tax (Rate), Dated: 28.12.2021 by amending Notification No. 2/2017-Integrated Tax (Rate), dated the 28th June, 2017 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 19/2021-Integrated Tax (Rate) G.S.R. 896(E).— In exercise of the powers conferred […]
CGST: CBIC notifies amendment in list of exempt goods wef 01.01.2022 vide Notification No. 19/2021-Central Tax (Rate) Dated 28th December, 2021 by amending Notification No. 2/2017-Central Tax (Rate), dated the 28th June, 2017 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 19/2021-Central Tax (Rate) G.S.R. 895(E).— In exercise of […]
CBIC notifies changes in UTGST Rate on Goods wef 01.01.2022 vide Notification No. 18/2021-Union Territory Tax (Rate), Dated: 28.12.2021 by amending Notification No. 1/2017- Union Territory Tax (Rate), dated the 28th June, 2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 18/2021-Union Territory Tax (Rate) G.S.R. 894(E).— In exercise […]
CBIC notifies changes in IGST Rate on Goods wef 01.01.2022 vide Notification No. 18/2021-Integrated Tax (Rate), Dated: 28.12.2021 by amending Notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 18/2021-Integrated Tax (Rate) G.S.R. 893(E).—In exercise of the powers conferred by sub-section […]
CBIC notifies changes in CGST Rate on Goods wef 01.01.2022 vide Notification No. 18/2021-Central Tax (Rate) Dated: 28th December, 2021 by amending Notification No 1/2017- Central Tax (Rate) dated 28.06.2017. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 28th December, 2021 Notification No. 18/2021-Central Tax (Rate) G.S.R. 892(E).—In exercise of the powers conferred by […]
Government has issued a Notification No. 39/2021-CT dated 21.12.2021 vide which certain provisions viz. Section 7(1)(aa), 16(2)(aa), 74, 75(12), 83(1), 107(6), 129, 130, 151, 152, 168 of CGST Act,2017 are brought in to force w.e.f. 01.01.2022. It is pertinent to mention here that these provisions have been amended in the Finance Act,2021. Let’s discuss the amendments one by one.
In re Chep India Private Limited (GST AAR Tamilnadu) It is observed that the business model proposed is in the stage of contemplation and has not attained finality with respect to merger, disposition of the assets and the following supply, in as much as the applicant could not provide any finalized document such as MOU […]
In re Resonance Eduventures Limited (GST AAR Rajasthan) The order is important as it contradicts its own ruling in Symmetric Infrastructure Private Limited dated 02.09.2021 in which Supply of services of coaching to students which also includes along with coaching, supply of goods/printed material/test papers, uniform, bags and other goods to students was held as […]
