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 arrest under GST requires clear evidence of fraudulent intent and active involvement. Mere association with di...
Goods and Services Tax : This guide explains GST rates, composition scheme eligibility, and new hotel tariff slabs. It highlights how ITC restrictions and ...
Goods and Services Tax : The Court held that genuine errors in returns can be corrected despite statutory deadlines. Technical timelines cannot override ac...
Goods and Services Tax : Selling cigarettes disqualifies traders from the GST composition scheme regardless of turnover. Small retailers must follow regula...
Goods and Services Tax : Learn why bank loans are rejected due to poor documentation, weak financials, and unclear business models. Discover practical solu...
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 : CBI arrested GST officials for demanding a bribe to facilitate registration approval. The case highlights strict enforcement again...
Goods and Services Tax : The High Court ruled that rejecting condonation requests through mere communication without a speaking order is invalid. Authoriti...
Goods and Services Tax : The Court found that tax already paid cannot be demanded again through adjudication proceedings. It allowed the taxpayer to seek r...
Goods and Services Tax : The Court allowed the taxpayer to seek revocation even after expiry of the statutory timeline. It directed authorities to consider...
Goods and Services Tax : The Court held that tax authorities cannot coerce payment when no demand has been raised. It directed cooperation in investigation...
Goods and Services Tax : The Court held that payments to pigmy agents qualify as employee wages, not taxable services. As a result, GST under reverse charg...
Goods and Services Tax : The GST portal launches an Excel-based IMS Offline Tool to help taxpayers efficiently manage and process invoices. It enables bulk...
Goods and Services Tax : CBIC extends due date for filing March 2026 GSTR-3B to April 21, 2026, for registered persons under Section 39 of the CGST Act....
Goods and Services Tax : GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical iss...
Goods and Services Tax : GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verificat...
Goods and Services Tax : Taxpayers faced issues filing appeals where adjudication orders showed zero demand. GSTN clarified that such system limitations re...
The Ministry of Finance amends the Integrated Tax Rate for helicopter passenger transport, effective October 10, 2024, clarifying input tax credit rules.
The Ministry of Finance amends Central Tax rates for air transportation, effective October 10, 2024, specifying passenger transport conditions.
Patna High Court held that petitioner cannot be deprived of the benefit due to non-constitution of the Tribunal accordingly, petitioner must be extended statutory benefit of stay u/s. 112(9) of Bihar Goods and Services Tax Act.
Notification No. 06/2024 revises Union Territory Tax on metal scrap sales, effective from 10th October 2024.
The Ministry of Finance amends Integrated Tax rates on metal scrap, effective October 10, 2024, detailing reverse charge responsibilities.
Notification No. 06/2024 updates reverse charge mechanism for metal scrap transactions, applicable from 10th October 2024.
Notification No. 05/2024 revises Union Territory GST rates on products including medicines, snack pellets, and vehicle seats, effective 10th October 2024.
Notification No. 05/2024 updates IGST rates for medicines, snack pellets, and vehicle seats. Effective from 10th October 2024.
Ministry of Finance notifies changes to GST tax rates for goods including pharmaceuticals, snacks, and motor vehicle seats, effective from 10th October 2024.
IGST amendment requires registered recipients to pay tax on renting of non-residential property from unregistered persons, effective from October 10, 2024.