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% ...
Introduction of QRMP Scheme The Central Board of Indirect Taxes & Customs (CBIC) introduced Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme under Goods and Services Tax (GST) to help small taxpayers whose turnover is less than Rs.5 crores. The QRMP scheme allows the taxpayers to file GSTR-3B on a quarterly basis and […]
On the recommendations of the GST Council made in the 43rd meeting held on 28th May, 2021, CBIC has issued a number of circulars on 17th June, 2021. These clarification cover: applicability of GST rate on laterals/parts of Sprinklers or Drip Irrigation System;
Deciphering a Comparison of Permanent Account Number (PAN), Tax Deduction and Collection Account Number (TAN), Goods and Services Taxpayer Identification Number (GSTIN) and Taxpayer Identification Number (TIN) Basis Expansion PAN Permanent Account Number GST Number / GSTIN Goods & Service tax Number / Goods & Service Tax Identification number TAN TIN Tax Deduction & Collection […]
In re Saddles International Automotive & Aviation Interiors Private Limited (GST AAR Andhra Pradesh) Question: Whether the product namely ‘Car Seat Covers’ merits classification under HSN 9401? If not, what is the correct classification applicable to ‘Car Seat Covers’? Answer: Car seat covers fall under the entry at Serial No.170 under HSN 8708 Schedule IV of Notification […]
CBIC clarifies on applicability of Dynamic Quick Response (QR) Code on B2C (Registered person to Customer) invoices and compliance of notification 14/2020-Central Tax, dated 21st March, 2020 as amended vide Circular no. 156/12/2021-GST Dated 21st June, 2021. Circular no. 156/12/2021-GST CBEC-20/16/38/2020-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes […]
Petitioner made representation to Chief Secretary, Government of Kerala, to request GST Council to include the petrol and diesel in the GST regime and till a decision is taken by the GST Council, Government of Kerala may refrain from levying the state tax on petrol and diesel.
Constitutional Validity of the Provision levying GST on the supply of Business Promotion Services to the Recipient located Outside India- By Justice Abhay Ahuja in Bombay High Court in Dharmendra M. Jani Versus Union of India and Others Also Read: Constitutional Validity of GST on supply of Business Promotion Services to Recipient located Outside India […]
Constitutional Validity of the Provision levying GST on the supply of Business Promotion Services to the Recipient located Outside India- As held by Justice Ujjal Bhuyan in Bombay High Court in Dharmendra M. Jani Versus Union of India and Others Also Read:Constitutional Validity of Provision levying GST on supply of Business Promotion Services to Recipient […]
Overview The Businesses are booming with the introduction of GST as it eliminated the complicated existing indirect tax structure in the country on sale of goods or of providing services and due to this complicated tax structure the businesses were incurring huge cost on meeting their compliance and maintenance of records. The Government through its […]
Various representations have been received by CBIC seeking clarification regarding applicability of GST on exemption of serving of food in schools under Mid-Day Meals Scheme if such supplies are funded by government grants and/or corporate donations.
