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 : A GST Bar Association has sought a three-month extension for filing GSTAT appeals, citing procedural complexities and evolving fil...
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 : 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 : Haryana has directed officers to send GST show cause notices and demand orders by registered or speed post in addition to portal-b...
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 ...
To provide greater relief from complex compliance requirements under GST Law for small businesses for taking credit and issuing Tax Invoice, maintaining various records of inputs and outputs, filling mandatory three returns monthly etc., an option is provided to go for a COMPOSITION SCHEME. This scheme provides much needed procedural simplicity for small dealers, small manufacturers and small restaurants.
In GST the taxable person on the taxable supplies made shall charge CGST+SGST on Intra state supplies or IGST on Interstate supplies. The same is dependent on two major factors viz the place of registered person making the supplies the place of supply.
The applicability of various taxes (such as Excise, Custom, Service Tax, VAT and CST) in the present indirect tax system and in the coming GST regime has been explained through this article with the help of examples in each of the situations mentioned below:
With the introduction of GST there will be easy credit flow mechanism, input tax benefits and reduced tax rates on supply of some goods or services. This is what the prima facie picture looks like but the intent of the government is to pass on the benefit of the same to the ultimate consumer. So if you are benefited by GST you have to pass on the benefit by reduction in prices.
As we will be part of the Historic change in the taxation structure of India which is moving from multiple taxes to one tax GST. Now as far as transition phase is concerned, there may be precautions to be observed by the registered persons as well as Professionals. On the basis of issues we have received, following is the list of FAQs on Transitional provisions of GST. The below given responses are in line with law as on 20th June 2017.
Kerala Goods and Services Tax Ordinance, 2017 to provide for levy and collection of tax on intra-State supply of goods or services or both by the State of Kerala.
RATES UNDER GST-: a. 3 % on all Interstate and Intra state Supply of Goods i.e. Polished Diamond b. 0.25 % on all Interstate and Intra state Supply of Goods i.e. Rough Diamond
Today everyone is talking about Goods and Services Tax (GST). It is the most compact, simple yet confusing system of taxation to be rolled out in India from 1st Day of July,2017 and will demolish number of wide indirect taxes such as Value Added Tax (VAT), Service Tax and Excise.
Chhattisgarh Government hereby specifies the persons who are only engaged in making supplies of taxable goods or services or both, the total. tax on which is liable to be paid on reverse charge basis by the recipient of such goods or services or both under sub-section (3) of section 9 of the said Act as the category of persons exempted from obtaining registration under the aforesaid Ad.
Chhattisgarh Government hereby appoints the 22nd day of June, 2017, as the date on which the provisions of sections 1, 2, 3, 4, 5, 10, 22, 23, 24, 25, 26, 27, 28, 29, 30, 139, 146 and 164 of the said Act shall come into force.
