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...
In one of the recent judgment of Kerala High Court in M/S Indus Towers Limited Vs. The Assistant State Tax Officer, it was held that goods cannot be confiscated for every non- compliance of the provisions of the act.
There are approx. 46 draft amendments proposed in GST, some of the key draft amendments are Deletion of reverse charge mechanism provision (RCM is where registered person purchased goods or services from unregistered persons & pay taxes). Though this provision which is u/s 9(4) of CGST Act 2017 is suspended till 30th of Sept 2018. In Draft amendments this has been further proposed to restrict to specified class of registered person only. By this discrimination between registered person & unregistered person can be eliminated.
GST regime was introduced as Self- Assessment Tax i.e. taxpayer had to self assess his Tax liability and file return. However to avoid Error in Tax liability calculation or claim of ITC , registered person is require to get its Books of Accounts Audited by a CA/ CMA.
GST Practitioners Required To Pass Enrollment Of GST Practitioners Examination Before 31st December, 2018 To make compliance easy for businesses the Government has introduced various initiatives like GST Practitioners and GST Facilitation Centres. Section 48 of the CGST Act provides for the authorisation of an eligible person to act as approved GST practitioner. Role of GST […]
As a measure of Tax payer facilitation and to reduce tax litigations, the threshold monetary limits for filing Departmental Appeals in Central Excise and Service Tax cases have been enhanced
Though the format of GST Annual Audit is under discussion stage, the following would be the basic concepts of GST audit irrespective of the outcome of the format. GST Audit is like any other audit of independent examination of financial information with reference to GST provisions of any entity based on the turnover as notified under GST.
The GST composition Scheme is an easy and simple scheme for the taxpayers. Small taxpayers could get rid of the tedious tax formalities and can pay GST at a pre-determined rate of turnover. Any taxpayer with a turnover of less than INR 1.5 crore could opt for GST registration under composition scheme. This scheme is designed with the objective of making compliance cost effective and easier for the taxpayers.
The sole contention of the learned Senior Counsel for the petitioner is that after issuance of the notification, all the check posts have to be removed as GST regime has been introduced and, therefore, they cannot restrict or obstruct any of the vehicle from asking them to pay tax on the check posts except the GST.
1. Lot of confusion presently prevails as to whether registered persons under GST are required to undergo an GST audit by a Chartered Accountant or a Cost Accountant if the turnover of such persons exceed INR 2 crores. Let us look at the current legal provisions with regard to the said subject. Sec. 35(5) of […]
Calcutta High Court modifies bail conditions for GST evasion accused. Analysis of court order on stringent provisions, tax determination, and compounding under GST Act
