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 Court examined whether ITC can be denied when the supplier fails to deposit tax. It upheld the provision, ruling that ITC depe...
Goods and Services Tax : The authority examined whether automatic service charges violate consumer rights. It ruled that default billing of such charges is...
Goods and Services Tax : The Tribunal remanded the case after finding that ITC reversals on unsold inventory were not adequately examined. It directed fres...
Goods and Services Tax : The issue was delay in filing appeal due to alleged non-service of notice. The court allowed appeal filing with delay condonation ...
Goods and Services Tax : The issue involved challenging a GST order through writ instead of appeal. The court allowed withdrawal and permitted filing appea...
Goods and Services Tax : CBIC has amended Notification No. 9/2025-Union Territory Tax (Rate) to revise tariff entries under UTGST schedules from May 1, 202...
Goods and Services Tax : CBIC has amended Notification No. 9/2025-Integrated Tax (Rate) to revise tariff entries under IGST schedules in line with Finance ...
Goods and Services Tax : CBIC has amended Notification No. 9/2025-Central Tax (Rate) to revise tariff entries in GST schedules in line with Finance Act, 20...
Goods and Services Tax : The data highlights a sharp increase in GST collections driven by import-related IGST. It confirms strong revenue performance and ...
Goods and Services Tax : This case highlights how delays in filing appeals against adverse GST orders weaken the department’s legal position. It undersco...
Dr Jitendra Singh was briefed here about the progress in GST implementation in Meghalaya by a delegation of public representatives and civil society activists led by Member of Parliament, Shri Conrad Sangma.
A typical truck spent 20% of its run time at interstate check posts. On an average, a truck in India runs an annual distance of 60,000 km as against 200,000 km in the West
Goods and Service Tax or GST is a new tax structure by the Government of India that will act as the indirect tax reform, eliminating the tax boundaries between the state and central. Due to the emergence of GST, there comes a sudden hike in the charges of the postpaid plans as the telecom industry will attract a tax rate of 18%.
As we all know that GST regime has also bring the concept of composition scheme for small and medium size trader’s, dealer’s and service provider (specifically for restaurant services).
When E-Way Bill Generated:Every registered person whose movement of goods of consignment value exceeding fifty thousand rupees In relation to a supply; For reasons other than supply Due to inward supply from an unregistered person.
As per the information received from the All Indian Origin Chemists & Distributors Limited (AIOCD), there is no shortage of essential drugs and smooth supplies are being maintained.
Uninterrupted and seamless chain of ITC is one of the key features of GST. ITC is a mechanism to avoid cascading of taxes. Cascading of taxes, in simple language, is tax on tax. Under the present system of taxation, credit of taxes being levied by Central Government is not available as set-off for payment of taxes levied by State Governments, and vice versa.
The GST Act makes special provisions with regard to removal of goods for job-work and receiving back the goods after processing from the job-worker without the payment of GST. The benefit of these provisions shall be available both to the principal and the job- worker.
Every deposit made for tax, interest, penalty and fees shall be credited to Electronic Cash Ledger in Form- GST PMT-5.
The basic features of the returns mechanism in GST include: – Electronic filing of returns, Uploading of invoice level information, Auto-population of information relating to Input Tax Credit (ITC) from returns of supplier to that of recipient,
