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 involved classification of a fan drive assembly used in vehicle cooling systems. The AAR held that the product operates ...
Goods and Services Tax : The issue was whether taxpayers could choose between concessional and standard GST rates. The AAR held that once classified as out...
Goods and Services Tax : The appellate authority found that facts presented on appeal differed from the original application. The case was remanded for fre...
Goods and Services Tax : The court held that Sections 73 and 74 allow show cause notices for any period, not limited to a financial year. Consolidated noti...
Goods and Services Tax : The issue was cancellation of GST registration due to non-filing of returns and rejection of appeal as time-barred. The Court allo...
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...
What are the steps involved in applying for Registration as a GST Practitioner (GSTP) on the GST Portal? 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed.
I am a normal taxpayer. How can I register with GST? For registering yourself as a normal taxpayer, perform the following steps: 1. Access the https://www.gst.gov.in/ URL. The GST Home page is displayed. 2. Click the Services > Registration > New Registration option. Alternatively, you can also click REGISTER NOW link.
If the goods and/or services are taken to deliver the same category of services or as a part of a composite supply, credit will be available.
वस्तु एवं सेवा कर या जी एस टी एक व्यापक, बहु-स्तरीय, डेस्टिनेशन (गंतव्य) आधारित कर है जो वस्तु व् सेवा कर बढ़ते हुए मूल्य पर लगेगा. यह कर प्रणाली वैल्यू एडेड टैक्स (VAT) की तरह ही है, जहाँ प्रत्येक सप्लाई पर सप्लाई के मूल्य में जो भी इजाफा होगा उस पर कर देय होगा. नई GST प्रणाली में यों तो अनेक कर (टैक्स) समाहित किये गए है,
As many Pharmaceutical Dealers and their association represented various matters the following advisory is issued for information and awareness generation. 1. In earlier VAT system, importers and Manufacturers in Medicines and drugs are entitled for composition. The rate of compounding is 5% of MRP. The MRP means maximum price printed on the package of any goods, for which goods are sold to the ultimate consumer.
Pre- GST there was buzz that as per section 9(4) of the Central GST Act, 2017, jewellers also falls under the Reverse Charge Mechanism. Revenue Secretary Hasmukh Adhia’s, right before a day before press release said that purchase of old gold jewellery by a jeweller from a consumer will be subject to GST at the […]
Commissioners of GST & Central Excise formations to undertake random visits to the Ranges/Divisions under their charge to review the working of the GST Sewa Kendras particularly since we have given wide publicity to the facilitation trade can expect from these Sewa Kendras.
Composition Scheme – GST Sr.No Questions Answer 1 Applicability A Registered Person whose Aggregate Turnover in preceding FY does not exceed i)75 Lakh (For other than Specified States) ii)50 Lakh (For Specified States i.e. North eastern States) 2 Optional or Compulsory It is optional scheme 3 Tax Rate Traders : 1.00% [CGST+SGST] Manufacturer : 2.00 […]
According to Section 22 of CGST Act 2017, Every supplier shall be liable to be registered under this Act in the State or Union territory, other than special category States, from where he makes a taxable supply of goods or services or both, if his aggregate turnover in a financial year exceeds twenty lakh rupees
CBEC Mobile app GST Rates Finder which is available on android platform and soon will be available on ios platform as well. To install GST Rate Finder, user of Android mobile has to first open Google Play Store and in the search option has to type GST Rate Finder. There may be many more apps available with similar names. The user has to download the app with CBEC Logo i.e.
