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...
Know how an efficient GST compliance tool can help you deal with the new taxation system of India and how such tool can reduce tax complexity in your business
Step 1: login to GST Portal (www.gst.gov.in ) using the login credentials. Step 2: Go to Services-Registration-Amendment of Registration Non-Core Fields. Step 3: Select the Authorised Signatory Tab. Step 4: Select the edit option shown in the Authorised Signatory Person, de-select the Primary Authorised Signatory checkbox and save it. Step 5: After saving the Detail, […]
GSTR-3B application has been simplified by the GSTN. Following are the key changes in GSTR-3B return filing form. 1. Tax Payment:In the revised version of the form, the public can see whether the tax liability is being paid by cash or credit in tax liability, before submitting the form. But in the earlier filling, a […]
INSTRUCTIONS TO FILE LUT ONLINE – The registered person who desires to make zero rated supply of goods or services or both without payment of the Integrated Tax (IGST) shall file an application at GSTN portal in FORM GST RFD-11 (as notified under rule 96A of the MGST Rules vide Notification-State tax dated 1st July 2017 and as amended from time to time).
In Ramdev Trading Company & Another v. State of U.P. & 3 others (2017) 12 TMI 341 (Allahabad), where the goods of assessee were detained by detaining authority and also a penalty imposed on the ground that goods were mis described, it was observed that at the stage of seizure the detaining authority had not applied his mind, nor formed any opinion as to intention to evade tax and the only allegation made in the seizure order was to the effect that the Transit Declaration Form (TDF) was absent
Key Points related to Input Tax Credit (ITC) CGST Act, 2017(Section 16-21): [Act, Rules, FAQs are Covered] Section 16: 1. Every registered person is eligible to take the Input tax credit of tax paid on inputs and input services which is used or intended to be use for furtherance of business.
Use of e-Way Bill ♠ e-Way Bill is mandatory for Inter-State movement of goods of consignment value exceeding Rs.50,000/- in motorized conveyance. ♠ Registered GST Taxpayers can register in the e-Way Bill Portal using GSTIN. ♠ Unregistered Persons/ Transporters can enroll in the e-Way Bill System by providing their PAN and Aadhaar. ♠ Supplier/ Recipient/ […]
What is the audit limit under GST for a financial year? Audit limit for audit under GST is Rs. 2 crore (20,000,000), every registered person whose turnover exceeds prescribed limit should get his accounts audited by a Chartered Accountant (CA) or a Cost Accountant. And furnish a copy of the audited annual accounts and reconciliation statement, duly certified in Form GSTR 9C
The Government has given instructions to complete the back log VAT works and ensure improved revenue performance. The Department has developed the SCRUTINY MODULE to do the scrutiny and assessments efficiently as per the law, without any errors.
GSTN enables online filing of letter of Undertaking : Instructions for filing LUT online on GST Portal:- Access the GST Website. The GST Home page is displayed. Login to the GST Portal with valid credentials. Go to User Services and Select the Tab “Furnishing Letter of Undertaking” Form GST RFD-11 is displayed. Select the financial year for which […]
