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 article explains that ITC eligibility under Section 16 can still be denied by the overriding provisions of Section 17(5). It h...
Goods and Services Tax : Understand the key rules governing ITC claims under GST, including eligibility conditions, blocked credits, GSTR-2B reconciliation...
Goods and Services Tax : The Supreme Court ruled that fantasy sports involving monetary stakes constitute betting and gambling for GST purposes. The judgme...
Goods and Services Tax : The article argues that Rule 14A creates a compliance trap by restricting taxpayers from reporting actual liabilities after crossi...
Goods and Services Tax : The article examines how NGTP classifications are increasingly being used as standalone grounds for ITC blockage and fraud proceed...
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 certificate clarifies that dealing and investment in securities are outside the scope of GST. Companies engaged solely in secu...
Goods and Services Tax : Representation addressed to Union Finance Minister, GST Council and CBIC seeks legislative and administrative relief for bona fide...
Goods and Services Tax : The Authority held that retrospective insertion of Section 16(5) does not permit reclaim of ITC already reversed under earlier rul...
Goods and Services Tax : The Kerala High Court ruled that businesses could distribute common ITC through cross-charge without obtaining ISD registration be...
Goods and Services Tax : The High Court remitted the GST matter for fresh consideration after the taxpayer agreed to deposit 25% of the disputed tax. The C...
Goods and Services Tax : The Uttarakhand High Court held that scheduling a personal hearing before the expiry of the time granted for filing a reply violat...
Goods and Services Tax : The Court set aside a GST demand order after finding that the personal hearing was scheduled before the last date for filing a rep...
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...
Goods and Services Tax : Gross GST collections reached ₹1.94 lakh crore in May 2026, registering 3.2% growth. The increase was driven largely by a 19.1% ...
Goods and Services Tax : The West Bengal GST Department ruled that intra-State movement of goods related to job work remains exempt from e-way bill generat...
Goods and Services Tax : GSTN has announced mandatory capture of Ship-To GSTIN in Bill-To/Ship-To transactions under the EWB system. The change aims to imp...
Comprehensive summary of 53rd GST Council meeting held on June 22, 2024, covering changes in GST rates for goods and services and facilitation measures for trade, and their implications.
Key recommendations from 53rd GST Council meeting held on June 22, 2024, covering legal amendments, GST rate changes for goods and services and implications.
Is a 200% penalty justified under Sec 129 for e-waybill non-generation due to negligence? Explore implications and legal insights in this analysis.
The 53rd GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, produced several key recommendations aimed at easing compliance burdens and refining tax rates under GST. Notably, the Council proposed waiving interest and penalties on demand notices under Section 73 of the CGST Act for fiscal years 2017-18 to 2019-20, provided full tax payment is […]
AGFTC and ITBA urge amendments to reduce penalties under CGST Act, 2017, proposing fairer penalties for genuine errors. Detailed representation to FM Sitharaman.
Madras High Court quashes GST Appellate Authority’s time bar rejection, directs reconsideration on merits, and permits refund application for appropriated bank funds.
Karnataka High Court rules that transporters only need a duplicate tax invoice under CGST and SGST Acts. Original invoice not mandatory.
Explore the Delhi High Court’s ruling in Mitsubishi Electric India Pvt. Ltd. v. Union of India, emphasizing the obligation of Proper Officers to consider an assessee’s replies on merits.
Discover the Madras High Court’s ruling in Perfect Assayers (P.) Ltd. v. State Tax Officer, emphasizing the necessity of considering an assessee’s reply to discrepancies raised in returns before passing orders.
Explore expectations from upcoming 53rd GST Council meeting scheduled for June 22nd, 2024. Key issues like dual jurisdiction, notice system improvements, litigation control, ITC provisions, penalty rationalization, and registration concerns are analyzed.
