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 issue was whether GST demand can exceed the show cause notice. The court held that such expansion violates Section 75(7) and m...
Goods and Services Tax : The issue was whether buyers can claim ITC when suppliers default on tax payment. The court upheld denial, emphasizing ITC is cond...
Goods and Services Tax : The article explains when GSTAT appeals are maintainable and outlines key filing conditions. It highlights timelines, pre-deposit ...
Goods and Services Tax : The central issue was whether incomplete notices satisfy legal requirements. The Court ruled that mere reproduction of statutory l...
Goods and Services Tax : The issue was whether the 2019 amendment to Section 54 could limit earlier refund claims. The Court ruled that the amendment is pr...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims based on fake invoices without actual supply of goods or services. The accused was arr...
Goods and Services Tax : The representation highlights ambiguity in whether the ₹2.5 crore ITC threshold should be annual or cumulative. It emphasizes th...
Goods and Services Tax : Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights str...
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 : The issue was imposition of a higher penalty than proposed in the show cause notice. The court set aside the order, holding it vio...
Goods and Services Tax : The issue was whether two adjudication orders for the same tax period constituted overlapping proceedings under GST law. The court...
Goods and Services Tax : The issue was whether a taxpayer could seek revocation after missing the statutory deadline due to non-filing of returns. The cour...
Goods and Services Tax : The case involved GST cancellation for non-filing of returns during financial hardship post-Covid. The court allowed manual revoca...
Goods and Services Tax : The issue was whether an adjudication order ignoring GST already paid under reverse charge could be challenged. The court allowed ...
Goods and Services Tax : This case highlights how delays in filing appeals against adverse GST orders weaken the department’s legal position. It undersco...
Goods and Services Tax : This case examines delays in transferring non-priority files after departmental restructuring. It mandates systematic redistributi...
Goods and Services Tax : This case highlights lapses in examining tribunal orders before filing revisions. It mandates detailed legal analysis and reasoned...
Goods and Services Tax : The ruling highlights gaps in recovery proceedings due to unclear role allocation. It strengthens the system by redefining respons...
Goods and Services Tax : The GST portal launches an Excel-based IMS Offline Tool to help taxpayers efficiently manage and process invoices. It enables bulk...
The GST Council in its 22nd Meeting had approved a major relief package for exporters. The Council was unanimous that it is in the national interest to take all possible measures to support the exporting community, which earns valuable foreign exchange and provides significant employment especially in the small and medium sector.
Ministry of Finance has announced on its twitter handle on 06th October that Shri Hasmukh Adhia, IAS (GJ:1981), Secretary, Department of Revenue, Ministry of Finance has been designated as the Finance Secretary. The vacancy was caused following the superannuation of Ashok Lavasa last month The Appointments Committee of the Cabinet has approved designating Adhia as […]
Due date for generation of FORM GSTR-2A and FORM GSTR-1A in accordance with the extension of due date for filing FORM GSTR-1 and GSTR-2 respectively
Ensure that the Shipping Bill is filed correctly and the details & particulars match with the details of the consignment mentioned in the Tax Invoice.
Enter the relevant details in each worksheet of the downloaded excel file as applicable (except Inward stipples from registered taxpayers, and amendment tables). Validate the entered details by pressing the Validate tab on each worksheet.
Step by step guideline for taxpayers to download GSTR 4 Offline Tool from the GST Portal. 1) Download GSTR 4 Offline tool from the download tab on GST portal. 2) Ensure that the minimum system requirements of Windows 7 and MS Excel 2007 is met. 3) Extract the GSTR 4 offline tool. Open the GSTR 4 […]
Question 1: Is it compulsory to put HSN code wise details in GSTR 2? Answer: Pl see instruction no. 16 below GSTR-1 and no. 14 below GSTR-2. Question 2 : Is there Any notifications for converting from regular to Composition scheme, as it available in the portal.Can Now we convert from regular dealer to Composition […]
Advisory by GSTN on GSTR 2 downloaded json and the exported excel provided by the taxpayer-1. It is recommended that please do not change the format of exported excel file. Otherwise there will be error in processing. Only fill up data as per given format.
Under the new tax regime, GST (comprising CGST, SGST and IGST) on works contracts for Government work was intially notified at 18 percent. This had resulted in representations from contractors of ongoing works for compensation by procuring entity for increased tax liability over and above the contracted value of work.
GSTR-2 is the details of inward supplies of goods or services which is to be furnished by registered taxpayer on a monthly basis. The GSTR-2 would be prepared by registered taxpayer by acting upon on auto-populated details from GSTR-1 filed by the corresponding supplier.
