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 : This article explains why GST registration is not limited to turnover thresholds. It highlights transaction-based triggers that ca...
Goods and Services Tax : The article highlights how aggressive GST actions impact genuine businesses. The key takeaway is the need for balanced enforcement...
Goods and Services Tax : Understand the mandatory GST compliances when closing a business, including return filing and tax on stock. The guidance clarifies...
Goods and Services Tax : The Court ruled that limitation under Section 54 cannot bar refund of mistakenly paid GST. It held that excess tax collected witho...
Goods and Services Tax : Explains why liquidated damages are generally not subject to GST unless linked to a supply. Highlights the importance of distingui...
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 issue involved challenge to provisional attachment under Section 83 of the CGST Act. The Court refused to interfere, holding t...
Goods and Services Tax : The Court held that cancellation based on grounds not mentioned in the show cause notice violates natural justice. The order was s...
Goods and Services Tax : The court ruled that cancellation was unsustainable where authorities ignored documents and passed non-speaking orders. It emphasi...
Goods and Services Tax : The issue was whether a taxpayer could seek revocation after missing the prescribed timeline due to portal restrictions. The Court...
Goods and Services Tax : The issue was mismatch between Section 74 mentioned in summary and penalty imposed under Section 73. The Court allowed rectificati...
Goods and Services Tax : This case highlights how delays in filing appeals against adverse GST orders weaken the department’s legal position. It undersco...
Goods and Services Tax : This case examines delays in transferring non-priority files after departmental restructuring. It mandates systematic redistributi...
Goods and Services Tax : This case highlights lapses in examining tribunal orders before filing revisions. It mandates detailed legal analysis and reasoned...
Goods and Services Tax : The ruling highlights gaps in recovery proceedings due to unclear role allocation. It strengthens the system by redefining respons...
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...
कुछ विनम्र व्यवहारिक प्रश्न जो समस्या भी है 1. क्या जीएसटी में रिटर्न रिवाइज नहीं होगा इस घोषणा के साथ भारत मे जीएसटी लाया गया था ? क्या कानून किसी रिटर्न के रिवाइज करने के करदाता के अधिकार को रोकता है ? क्या जीएसटी रिटर्न भरते समय डीलर से गलती नहीं हो सकती है ? […]
In the ongoing anti-evasion drive, last week saw the Gurugram Zonal Unit (GZU) and the Nagpur Zonal Unit (NZU) of DGGI make big cases relating to fake invoices. In an ongoing investigation, GZU made arrests of two members of a fake invoicing syndicate who were involved in GST fraud by way of issuance of fake GST invoices in excess of Rs. 4800 crore which defrauded the exchequer of more than Rs. 690 crore.
The greed and avarice of the human being have been geneses of the gambling and betting in the society and their presence may be noted worldwide without knowing geographical boundaries. In ancient times, the number of precedents in the epics are found to show the practice of gambling and betting in vogue despite considering the […]
It is often said: Precaution is better than Cure. It is advisable to follow the compliances and avoid any penalty and/ or prosecution. Without going into the details of the section and rules, 11 commonly Ignored Compliances which can be detrimental to the interests of the dealers are listed below : 1. Display of GSTN […]
Refund is very important term under the GST for the person who is eligible to claim the refund and for the GST Authority who issues the refund order. Both persons i.e. who claim the refund and who issues refund should have fully conversant with the provisions and law in regard of Refund under the GST. […]
No bar on investigation by different officers independently investigating different matters without any overlapping The Hon’ble Punjab & Haryana High Court in Kaushal Kumar Mishra vs. Addl Director General & anr [CWP-21387-2020 (O&M), decided on February 12, 2021] dismissed the petition and refused to interfere with the investigations undertaken by the competent authorities against the […]
The Hon’ble Gujarat High Court in M/S Deepak Print v. Union of India [R/Special Civil Application No. 18157 of 2019, decided on March 9, 2021] directed the revenue department to allow the rectification of entries in the Form GSTR-3B return for the Month of May, 2019, on account of genuine bonafide human error. Facts: M/S […]
CGST Ghaziabad Commissionerate arrested 2 persons including the mastermind in case of issuance of fake invoice of Rs. 93 Cr. by creating 25 fake firms and passing of inadmissible ITC of approx Rs. 16 Cr. by conducting searches at 18 locations. PRESS NOTE CGST COMMISSIONERATE, GHAZIABAD ARRESTES TWO PERSONS IN CASE OF ISSUANCE OF FAKE […]
Introduction to GST- Section 63- Assessment of Unregistered Persons -Section 63 of CGST Act, 2017 is applicable to unregistered persons i.e., persons who are liable to obtain registration under Section 22 and have failed to obtain registration, will come within scope of operation of this section. -This provision also covers cases where registration was cancelled […]
I am on the landing page of the New Registration Application and there are two radio buttons – New Registration and Temporary Reference Number (TRN). Which one do I need to select? -Select the New Registration Application to begin applying for GST Registration . If you have already filled Part A of the Registration Application and have a valid TRN, select Temporary Reference Number.
