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...
A major concern for businessmen registered under GST is to avail Tax Benefit & Input Credit of Old Regime. In order to avail such benefit, a registered person is required to file TRAN – 1 Within 90 days (28th Sep 2017 )of the appointed day, that is 01 July 2017.
Manufacturing Industry is one of the most important pillar of an economy. In this era of GST almost every industry has been affected some favorably and the others Adversely. While talking about Food Processing industry it can be clearly seen that in some cases GST has adversely affected it. For example
The CBEC on 30th August 2017 by way of notification CGST 27/2017 notified the E-way Bill and the procedure related to generation and verification. The highlights of the notification are enlisted below:
With reference to Item No. 1, at the time of launching GST the Government has proudly announced and made much publicity and highlighted its friendly approach for small business persons of keeping them out from the burden of GST by fixing the threshold limit in major states Rs. 20,00,000/-.
GST is the most debated topic in India nowadays. Whether it is a business or a company, they all needs to get GST ready and follow the GST compliances adequately. However, they still have a lot of confusions regarding the compliance. Businesses, companies and organizations need to simply get registered under the GST and follow the basic rules that needs to be done before the due date.
Government on Wednesday, vide notification no. 27/2017-Central Tax dated 30th August, 2017, issued the much delayed rules regarding Procedure and Information to be furnished before commencement of movement of goods and generation of e-way bill. So finally the benefit of not filing any way bills under GST as enjoyed by the registered person is soon going to end. Effective date of applicability of e-way bills shall be notified by the government through another notification, which is expected to come soon, so let’s understand the procedure and law related to generation and issue of E-way bills under GST.
Rules: The Central Goods and Services Tax Rules, 2017 Amended Rules: The Central Goods and Services Tax (Sixth Amendment) Rules, 2017. W.e.f: On such date as the Central Government may, by notification in the Official Gazette, appoint. Rules: 138, 138A, 138B, 138C, 138D Information to be furnished prior to commencement of movement of goods and generation of e-way bill – R 138
Composite supply means supply made by taxable person 1. Consisting of two or more taxable supplies of good or services and 2. Which are naturally bundled and supplied in conjunction with each other in ordinary sources of the business, one of which is principal supply. Both the criteria mentioned are required to be fulfilled.
The United Arab Emirates (UAE) and Saudi Arabia is all set to welcome the New Value Added Tax (VAT) regime from 1st January, 2018. Other Gulf Cooperation Council (GCC) Countries, VAT may be implemented from January 2019. The President, His Highness Sheikh Khalifa Bin Zayed Al Nahyan, has issued the Federal Decree-Law No. 8 of 2017 for VAT on 23rd August 2017.
This article is written with a view to ensure smooth credit transition for businessmen & Professionals and to ensure businessmen concentrates more on Value Addition rather than bringing back what he already owns !! a article to understand how to fill TRAN-1 and where my credit should be suited into
