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 granted bail to an accused in a Rs.30 crore fake GST ITC case after noting that no complaint had been fil...
Goods and Services Tax : Considering Clauses 7 and 7.1 of the 2022 Circular, the Court found that the amount in question appeared to be compensation rather...
Goods and Services Tax : The Allahabad High Court held that GST appellate authorities cannot dismiss appeals solely on limitation without examining the act...
Goods and Services Tax : The Punjab and Haryana High Court directed the competent authority to decide a representation alleging fraudulent GST record manip...
Goods and Services Tax : The Karnataka High Court set aside a GST adjudication order after finding that the authority incorrectly stated that no reply had ...
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% ...
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Key Features of New Returns as discussed in the GST Council’s 27th, 28th and 31st Meetings are as under: A. Monthly GST return: – All taxpayers (having previous year aggregate turnover exceeding 5 crore ) excluding small taxpayers and a few exceptions like lSD etc. shall file one monthly return. – Taxpayers opting for monthly […]
Hello friends in the current article we will discuss about implications of GST for housing societies. Housing societies are entities registered under the Co-operative laws of respective state or union territories. According to various laws in place ‘Housing societies’ means a society the object of which is to provide its members provide its members with […]
Point No.14 of Part IV of GSTR-9C provides for reconciliation of ITC declared in Annual Return (GSTR-9) with ITC availed on expenses as per audited Annual Financial Statement or books of account. The total ITC availed during the year has to be bifurcated on the basis of heads like purchases, freight/carriage, power and fuel, imported […]
No Automatic Refund of IGST Stringent Systems Put in Place to Detect Fraudulent Refund Claims by Exporters As per Sec 16. (3) of IGST Act, Exporters of Goods or Services are allowed to Export under Two Options 1. Export Without Payment of GST under Bond / LUT & Claim ITC Refund 2. Export On Payment […]
Article discusses Basic Documents required for Annual Return Form GSTR 9 which includes Documents Related to outward supply for Annual Return Form GSTR 9, Documents Related to Inward supply (RCM Applicable) for Annual Return Form GSTR 9, Documents Related to Input Tax Credit for Annual Return Form GSTR 9, Documents Related to HSN Summary for […]
The Goods and Services Tax is now going to complete almost two years in our country. Hon’ble Prime Minister Sri Narendra Modi and Hon’ble Finance Minister Sri Arun Jaitley had taken a bold step and implemented this tax system in our country from 01st July’2017. This was indeed a difficult endeavor. Today, we have reached […]
The Government had inserted the Rule 138E vide Notification 74/2018 Central tax Dated 31st December 2018. Subsequently CBIC had notified 21 June 2019 as the commencement date for provisions of CGST Rule 138E, vide CBIC Notification 22/2019 Central Tax dated 23rd April 2019. The purpose of this rule is to ensure timely compliance by GST […]
Challenges faced by the Taxpayers & Tax Consultants on certain issues in filing of Annual Return i.e. Form GSTR-9 with their practical solutions. INSTRUCTIONS The last date for filing of Annual return in FORM GSTR-9 for the FY 2017-18 is 30th June 2019. The trade and industry have raised certain queries with respect to filing […]
GSTR-9C can be divided in two parts namely Part A and Part B. In Part A reconciliation of outward supplies and ITC as per audited Annual Financial Statement with details of Annual Return is to be given. Part B deals with certification of GST Audit Report.
