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 Finance (No 2) Act 2024 been notified on 16th August 2024. The Finance Act sections 114 to 157 Page 114 to 157 (Page 67 to 6...
Goods and Services Tax : Overview of GST tax liability, self-assessment, and the distinction between scrutiny under Section 61 and actions under Sections 7...
Goods and Services Tax : Karnataka HC ruled that under Section 75(4) of CGST Act, a hearing opportunity must be granted before passing an adverse order. Ba...
Goods and Services Tax : Understand GST provisions for invoices and credit notes in the sale of under-construction flats/shops, including time limits, e-in...
Goods and Services Tax : In the recent times, GST Department by exercising the powers bestowed on them by way of Section 65 of the CGST Act 2017, has been ...
Goods and Services Tax : A Superintendent in Nadiad is sentenced to 5 years for bribery. CBI also investigates two GST officers in Hyderabad for demanding ...
Goods and Services Tax : Join our webinars on GST Tribunals preparation. Learn to grow your IDT practice and prepare for GSTAT with expert guidance. Regist...
Income Tax : Join our live course from Aug 23-25, 2024, to master tax audits, including Form 3CD, financial statements, and GST, with practical...
Income Tax : Explore the financial impact of tax exemptions for BCCI and IPL, government actions, and proposed reforms from the latest Rajya Sa...
Income Tax : Explore the latest updates on tax benefits for skill development institutions in India, including GST exemptions and income tax re...
Goods and Services Tax : Sri Avantika Contractors (I) Limited. Vs Appellate Authority for Advance Ruling (GST) and others. (Telangana High Court) Telangana...
Corporate Law : Bombay HC upholds priority of Janaseva Sahakari Bank's secured interest over Sales Tax Dept’s claims, setting aside the mutation...
Goods and Services Tax : Madras HC sets aside dismissal of GST appeal for delay, remands case to the appellate authority for fresh consideration despite th...
Goods and Services Tax : Delhi HC grants interim protection to a petitioner alleging misuse of GST credentials for ITC claims, pending further investigatio...
Goods and Services Tax : Bombay High Court held that amount payable has been quantified before 30th June 2019 and hence eligible to avail benefit under Sab...
Goods and Services Tax : Maharashtra GST Circular No. 21T of 2024 updates guidelines for recovering outstanding dues after first appeal until the Appellate...
Goods and Services Tax : Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence ...
Goods and Services Tax : Kerala SGST department issues a circular clarifying the method of penalty calculation under the IGST Act, 2017 for tax demands mad...
Goods and Services Tax : CBIC's latest updates include a Customs cooperation deal with New Zealand, a new Hindi magazine, and significant seizures of smugg...
Goods and Services Tax : CBIC issues guidelines for a second All-India drive to detect and eliminate fake GST registrations, safeguarding government revenu...
Since the registration was obtained for the subject projects post the introduction of Goods and Services Tax only, the provisions of Section 171 dealing with Anti-profiteering could not be made applicable to the said projects in the view of the fact that there was no additional ITC that had been made available to the Respondent,
Explore GST implications on road transportation of goods in India. Understand e-waybill requirements, taxation on Goods Transport Agency (GTA) services, and the rate mechanism. Learn about forward charge options, reverse charge mechanism, and recent exemptions. Stay informed to ensure compliance.
Stay informed on proposed changes in GST returns for enhanced taxpayer convenience. Explore new tables in GSTR 3B, mandatory reporting of supplies, HSN code implementation, and changes in ITC disclosure. Get insights into reporting supplies to unregistered persons and composition dealers. Understand the revised format for disclosing eligible ITC, reversals, and reporting ineligible ITC. Stay compliant with the latest updates from CBIC.
GST on the payments made towards FSSAI will be as per the following: Penalty for renewal of license/ registration after expiry date — Central License
In re Tutor Comp Info Tech Private limited (GST AAR Kerala) GST leviable on training/coaching services, as it does not come under the definition of ‘educational institution’ to claim GST exemption The AAR, Kerala in the matter of M/s Tutor Comp Info Tech Private Limited [Advance Ruling No. KER/ 143/2021 dated July 27, 2022] has […]
In the current indirect tax regime, GST we already have a system whereby prior stage indirect taxes are taken into account and credit is given for taxes on inputs, and under the IGST Act exports are zero-rated
Goods and Service tax is universally known as GST which is consumption based tax currently used in on the supply of goods and service. It is comprehensive tax because it has subsumed almost all the indirect tax except a few state taxes.
NAA held that Jay Cee Chemists did not pass on the benefit of exemption of GST on Sanitary Napkin’s amounting to Rs. 2048 to Customers.
Rajeev Goyal Vs Prateek Infra Projects India Pvt. Ltd. (NAA) The Authority finds that the Applicant No. 1 has alleged fraud and forgery on the part of the Respondent and fault in calculations of the profiteered amount, saleable area and the total turnover of the Respondent by the DGAP for the Project Prateek Edifice. The […]
Director General of Anti-Profiteering Vs Elan Ltd. (NAA) DGAP has carefully examined the Report of the DGAP and it has been observed that as per the Table ‘A’ of the Report all the relevant events for the project ‘Epic‘ took place in GST regime and the Respondent had not availed any CENVAT/ITC, related to ‘EPIC’ […]
