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 Court held that damages paid under an arbitral award do not qualify as consideration for a taxable service under GST. The ruli...
Goods and Services Tax : The article examines whether authorities can retain a redemption fine under Section 130 after setting aside the penalty. The key t...
Goods and Services Tax : The Goods and Services Tax (GST) regime in India aims to establish a transparent and efficient indirect tax system. Despite the se...
Goods and Services Tax : This article explains the legal significance of a Show Cause Notice under GST and why it forms the foundation of adjudication proc...
Goods and Services Tax : The article explains that taxpayers with orders communicated before 1 April 2026 must file GSTAT appeals by 30 June 2026 to preser...
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 Supreme Court permitted the appeal to be entertained without pre-deposit after noting that the appealable order predated the a...
Goods and Services Tax : The High Court held that the issue requires consideration where the show cause notice preceded the amendment. It granted interim r...
Goods and Services Tax : The issue involved rejection of a delayed revocation application for cancelled GST registration. The Telangana High Court held tha...
Goods and Services Tax : The issue involved delay in disposal of a rectification application filed against a GST order. The Telangana High Court directed t...
Goods and Services Tax : The issue was whether a taxpayer could directly invoke writ jurisdiction claiming that a GST show cause notice and order were mere...
Goods and Services Tax : GSTAT instructed scrutiny officers not to raise defects where appellants have uploaded the required documents in prescribed form. ...
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...
Determination Of Applicability Of Chapter Heading (CH) 7318 Or 8714 On Metal Parts Used In Automotive Sector On The Basis Of General Use Or Specific Use INTRODUCTION: Goods made of iron or steel are generally covered under Chapter Heading 73 while same goods made of iron or steel may be classified under Chapter Heading 87 […]
Annual return (Section 44) The government has notified an annual return under GSTR 9 form to be filed once in a year by the registered taxpayers under GST including those registered under composition levy scheme. It consists of details regarding the supplies made and received during the year under different tax heads i.e. CGST, SGST […]
There has been relief from enumerable and cumbersome indirect taxes like VAT, Excise, service tax, tolls and many more. This has also brought double taxation effect down to zero, reduced rate of taxes resulting in reduced prices of goods and services, much more transparency and more. But when talking about the other side of the coin, some issues have been raised frequently by not just common people but also professionals and authorities. These are few of the extremely pertinent requisites must be brought to the knowledge of GST Council as well as the Think-Tank which is very efficiently and dedicatedly developing and implementing GST in the country, so that some suitable solution could be urgently implemented.
Indirect Taxes Updates GST, Customs, Excise, Service Tax & VAT – Month – November 2018 A. Amendment in Goods & Services Tax for the Month of November 2018 ♦ CBIC extended due date for filing Form GSTR-7 till 31st January 2019 CBIC has extended time limit for furnishing return by a registered person required to […]
A reconciliation statement also known as the GST audit report in FORM GSTR 9C is to be submitted in case the GST audit provisions are applicable to the registered person.
In case the Nodal Officer decides to undertake the Audit, then he/she shall issue a notice in FORM-GST-ADT-01. Depending upon the record to be verified he/she may decide whether the Audit is to be carried out at the business premises of the tax payer or at the office concerned. The place at which the Audit is to be carried out shall be expressly stated in the said Notice.
There is sufficient cause and need for the extension of filing of Annual Forms GSTR-9, 9A, 9B and 9C for a reasonable period of time to give justice to the correctness of returns considering the need for reconciliations state-wise.
Internationally, GST was first introduced in France and now more than 160 countries have introduced GST. The Various countries have , depending upon their requirements and suitability introduced National level GST or Dual GST.
When the goods are dispatched through vehicles, Delivery to transporter by supplier is sufficient to take input tax credit. The expression “any other person “and the expression “otherwise” implies “the person on the behalf of recipient i.e. Transporter” and “by way of transportation contact “respectively. Section 39(1) of Sale of Goods Act also states that delivery of goods to carrier is prima facie delivery to buyer. As per section 23(2) of Sale of Goods Act, if, in pursuance of the contract, the seller delivers the goods to the buyer or to a carrier or other bailee, for the purpose of transmission to the buyer, and does not reserve the right of disposal, he is deemed to have unconditionally appropriated the goods to the contract. It does not make difference whether the bailee or buyer was named by buyer or not.
GSTR 9 has been prescribed for filing vide Notification No. 39/2018 – CGST dated 4th September 2018. GSTR 9 is not merely a compilation of data of monthly returns. It requires disclosure of data filed in the monthly returns in a new format along with certain additional disclosures. In the enclosed file, you will find […]
