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 the extent of the burden of proof under Section 155 of the CGST Act. The key takeaway is that recipients mus...
Goods and Services Tax : Dual Control Without Coordination: How CGST–SGST Jurisdiction Gaps Are Trapping Taxpayers in Parallel Proceedings Overview One o...
Goods and Services Tax : The debate over mandatory pre-deposit in GST penalty-only proceedings has gained momentum after the Finance Act, 2025 amendment. C...
Goods and Services Tax : The article examines whether automated interest notices for FY 2019–20 can survive after limitation under Section 73 has expired...
Goods and Services Tax : The Court held that absence of lorry receipts or weighment slips, by itself, cannot justify denial of Input Tax Credit when invoic...
Goods and Services Tax : Stakeholders identified persistent issues in GST registration, cancellations, and refund processing affecting MSMEs. The consultat...
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 Telangana High Court set aside the rejection of a GST appeal that had been dismissed on limitation grounds despite being filed...
Goods and Services Tax : The Telangana High Court permitted the taxpayer to file an appeal against a Section 73 order despite the delay in approaching the ...
Goods and Services Tax : The Court held that cancellation of GST registration through a non-speaking order violates the statutory requirement of recording ...
Goods and Services Tax : GSTAT held that retaining the same ticket prices after GST reductions amounted to profiteering under Section 171 of the CGST Act. ...
Goods and Services Tax : The Karnataka High Court ruled that ITC for FY 2018-19 cannot be denied merely because import and SEZ transactions were absent fro...
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% ...
Functionality to file GST Registration Revocation Application under Removal of Difficulty Revocation of Registration Applications: Taxpayers can now file application for revocation of cancellation of registration, again, if previous revocation application is rejected. This is in pursuance of ROD Order no. 01/2020, dated 25.06.2020. In view of the Removal of Difficulty Order No. 01/2020 dated […]
e-invoice is supposed to be rolled out from 1st April 2020 but the same has been postponed to 1st Oct 2020. The threshold for the rollout of e-invoice has been increased to Rs 500 Crores on account of the pandemic like situation and also excluded the issue of e-invoice by the taxpayers registered under SEZ. […]
The tax systems in India have been rapidly changing and evolving over the last few years with the implementation of the Goods and Services Tax. A timely refund mechanism is essential in any tax administration, as it facilitates trade through the release of blocked funds for working capital, expansion, and modernisation of existing business. The […]
DIRECT TAXES UPDATES Recent circulars/ notifications/ rules/ clarifications/News ♦ CBDT extends due date for Income Tax Returns for FY 2018-19 from 31st July 2020 to 30th September 2020 (Notification no. 56/2020 dated 29th July 2020). ♦ CMDT amends rule 31a and form 26Q from 3rd July 2020 w.r.t. providing certain information related to cash withdrawals […]
Introduction:- In era of competition every client is looking for complete solution with perfection under one roof. Job work is very common between manufacturer in India. The manufacturing entities instead of carrying out entire operations themselves, outsource few processes to job workers to get the job done faster and more efficient manner. Job work sector […]
While filing an annual return (GSTR-9) under GST, numerous taxpayers find mismatch in ITC as per auto populated details in annual return and the data available in their GSTR-2A, which results in preparation of lot of reconciliation reports by the professionals in order to arrive at a figure shown in Table 8A. But if all […]
Providing basic Education is a constitutional obligation of Government therefore by taxing education, this fundamental right for education is violated. Not just that, there would be disparity in society with respect to education between rich and poor if it is made costlier. However, we cannot deny the fact that education has been commercialised in the […]
In a tweet today @Infosys_GSTN tweeted that the facility to view, file and download returns of the period July 2017 has been restored on GST portal. Earlier Taxpayers were surprised to see that GSTN has removed data of July 2017 from their portal (GST.gov.in) and Taxpayers criticized the move heavily on Social Media. Move came […]
Highlights of Article -All Transport services by road are exempt from GST except services from GTA and Courier agency -Anyone who provides consignment note for goods delivery will be treated as GTA -Mere Bill is not a consignment note -5% GST rate is applicable for transportation service by GTA on RCM basis means GST is […]
Aggregate turnover for the financial year 2019-20 has been computed by GST system based on the returns filed in Form GSTR-3B by all registrations on the common PAN which exceeds Rs. 5 Cr. The returns of FY 2019-20 filed upto 25th July, 2020 have been considered for the said computation.
