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 : GST notices are commonly issued due to mismatches, incorrect filings, and missing information in returns. The content highlights t...
Goods and Services Tax : The omission of Section 13(8)(b) applies only prospectively from 30 March 2026, as no saving clause exists. Past transactions and ...
Goods and Services Tax : GSTAT bridges a long-standing gap by providing a dedicated appellate forum, eliminating the need to directly approach High Courts....
Goods and Services Tax : Limitation start from date when Impugned Order in Form DRC 07 uploaded on portal and not from date of detailed order: Allahabad Hi...
Goods and Services Tax : The Court held that once a GST assessment order attains finality, recovery under Section 79 can proceed without issuing prior noti...
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 CBI arrested a CGST Assistant Commissioner for demanding a bribe to halt GST proceedings. The officer was caught red-handed ac...
Goods and Services Tax : The Government reduced GST on paper sacks and bags from 18% to 5% following GST Council recommendations. The move addresses farmer...
Goods and Services Tax : he Court declined to examine merits as the petitioner did not file a reply to the impugned communication. It directed submission o...
Goods and Services Tax : The respondents could not justify why the taxpayer would deposit money without a formal demand. The Court treated the payment as n...
Income Tax : The court examined whether consolidated GST show-cause notices across financial years are valid. It found no clear statutory bar b...
Goods and Services Tax : The issue was whether a show cause notice could be issued under a rule already omitted. The court stayed the notice, holding that ...
Goods and Services Tax : The Court ruled that temporary business inactivity due to genuine medical reasons cannot justify cancellation without proper consi...
Goods and Services Tax : GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical iss...
Goods and Services Tax : GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verificat...
Goods and Services Tax : Taxpayers faced issues filing appeals where adjudication orders showed zero demand. GSTN clarified that such system limitations re...
Goods and Services Tax : Both domestic and import revenues contributed to GST growth, alongside increased refunds. The figures highlight improved tax admin...
Goods and Services Tax : The government introduced new rules replacing the 2017 framework to streamline IGST settlement between Centre and States. The rule...
Electric car adoption in India is slowed by high costs, primarily driven by expensive, imported lithium-ion batteries and a higher quantity of semiconductor chips per vehicle.
Allahabad High Court held that initiation of proceedings under section 74 of the Central Goods and Services Tax Act cannot be reason for provisional attachment. Accordingly, provisional attachment notices quashed due to lack of specific reasoning.
CBIC withdraws Circular No. 212/2024-GST; suppliers no longer need to follow the procedure for evidence of compliance under Section 15(3)(b)(ii).
Delhi High Court confirmed that businesses must reduce prices to pass on GST rate cuts to consumers, rejecting claims that increased quantity or free products justify price retention. The profiteering amount was directed to the Consumer Welfare Fund.
Exporters claiming GST refund after payment must file Form RFD-01 within two years of export. The guide covers documentation, timelines (7 days for provisional, 60 days for final), and common rejection reasons.
The GST Act mandates strict timelines for issuing show cause notices and assessment orders. SCN under Section 73 or 74 must follow prescribed periods to be valid.
Effective Sept 22, 2025, GST on hotel rooms Rs.7,500 drops to 5% (without ITC), and beauty services to 5% (without ITC), compelling hotels to adjust pricing and ITC compliance.
GST rate rationalisation provides cost relief to Bihar’s economy, benefiting Makhana farmers, Sudha dairy producers, and artisans through lower taxes on key products.
GST reforms in 2025 cut rates to 5% on Assam’s tea, handlooms, GI crops (Joha Rice, Kaji Nemu), and mid-range hotel rooms, reducing costs and boosting demand across sectors.
GSTAT has mandated phased e-filing for appeals (Sec. 107/108) via a new portal, effective Sept 24, 2025, based on prior order dates, alongside the notification of the digital-first GSTAT Procedure Rules, 2025.