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...
The Prime Minister said human interface must be kept to a minimum in the tax administration’s dealings. He asked for a push to be given to e-assessment and anonymity of proceedings using technology, so that vested interests do not impede the due course of law.
Govt has release an offline utility tool to upload b2b, b2cl and b2cs sheet in GSTN portal. But challenge is how to generate data into these sheets. What values shall correspond to which sheet. For this user have to have knowledge of GST Act. Most of the users are new to GST. Therefore to make your work extra easy we have released a Master Excel sheet. In this sheet enter invoice details like a. GSTIN of recipient if any b. Place of supply c. Invoice value d. Taxable Value e. HSN f. Rate etc With these values all the 3 sheets shall be generated easily. Use this sheet for your client or self use it. Video is attached.
Value for the purpose of payment of GST on Job work: As per the provisions of Section 15 of CGST Act, 2017, the value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or payable for the said supply of goods or services or both where the supplier and the recipient of the supply are not related and the price is the sole consideration for the supply.
Notification No. 28 /2017 – Central Tax, dated- 01st September, 2017- CBEC waives late fee payable under section 47 of the CGST Act, 2017, for all registered persons who failed to furnish the return in FORM GSTR-3B for the month of July, 2017 by the due date.
Inconsistency in GSTN Portal, ie fields available in login of one dealer is not available in the login of other dealer. Option to chose composition scheme & cancellation of registration not available, even though composition scheme opted, it is not reflected in RC issued & getting message to file Form No.3B.
Goods Transport Agency has not been defined in GST Act. However, notifications related to provisions regarding GTA services have been issued by Central Tax 2017 on various dates. An attempt has been made to compile these notifications in one place & simplify the provisions of GTA services in GST regime.
In case where registration has been applied for within 30 days of being liable for registration in the month of July, 2017 but registration has been granted in the month of August, 2017, one single return for the month of July, 2017 & August, 2017 (FIRST RETURN) will have to be filed together and tax paid accordingly.
Tally have yesterday issued an advisory to its users on 4th September 2017 and suggested them to use GSTR Offline Utility 1.1 instead of GSTR Offline Utility 1.2. In their opinion use of GSTR Offline Utility 1.2 may potentially lead to an erroneous return which we may not be able to discover while filing. Extract […]
If you submit GSTR1 before it gets processed, then you will see message invoice pending in DOC section as the data entered in the document section is still being processed. Hence, wait till processing of data of this section is finished. You may find status of completion of processing by clicking refresh button.
The society collects the following charges from the members on quarterly basis as follows: 1. Property Tax-actual as per Municipal Corporation of Greater Mumbai (MCGM) 2. Water Tax- Municipal Corporation of Greater Mumbai (MCGM)
