Goods and Services Tax : FY 2024-25 saw numerous GST audits and SCNs, creating compliance hurdles. Retrospective demands and procedural issues challenged b...
Goods and Services Tax : The government has introduced mandatory reporting of Harmonized System of Nomenclature (HSN) codes in Table-12 of GSTR-1 to enhanc...
CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...
Goods and Services Tax : Learn about the 55th GST Council recommendations on credit notes, amendments to CGST laws, and their impact on suppliers and recip...
Goods and Services Tax : From January 2025, reporting HSN codes in GSTR-1/1A Table 12 is mandatory. Key changes include auto-populated descriptions, dropdo...
Goods and Services Tax : Online gaming tax collection lacks specific tracking. Govt issued notices for ₹1.43 lakh crore. GST at 28% applies to real money...
Goods and Services Tax : India's outstanding tax dues exceed ₹16 lakh crore. The government is taking legal, digital, and enforcement measures to improve...
Goods and Services Tax : CBIC detected Rs. 36,374 crore worth of fake ITC in FY 2023-24 involving 9,190 cases. Key measures and data on ITC fraud detection...
Goods and Services Tax : Explore the impact of the 53rd GST Council Meeting recommendations, including waivers on interest and penalties under Section 73, ...
Goods and Services Tax : GSTR-1A allows taxpayers to promptly rectify any errors or omissions in their GSTR-1 submissions within the same period. This feat...
Goods and Services Tax : Madras High Court sets aside a GST demand order due to improper service, remanding the case with a condition to deposit 25% of the...
Goods and Services Tax : Madras HC quashes GST order against Ragul Industries, allowing new evidence for GSTR 3B/2A/1 mismatches, subject to 25% tax deposi...
Goods and Services Tax : Madras High Court sets aside GST order against Kayram Builders citing principles of natural justice, directs reassessment with per...
Goods and Services Tax : Gujarat High Court quashes ₹1.63 Cr GST demand, ruling SEZ to DTA supply as import. Proper adjudication required for tax assessm...
Goods and Services Tax : Andhra Pradesh HC rules cancellation of GST registration without personal hearing is illegal, directing the government to reconsid...
Goods and Services Tax : From April 2025, GSTR-1 Table-12 will be split into B2B and B2C with mandatory HSN code selection from dropdown. Manual entry will...
Goods and Services Tax : Draft GSTR-2B for December 2024 (Oct-Dec 2024 quarter) will be generated on January 16, 2025, following extended return filing dea...
Goods and Services Tax : The GST filing deadline for outward supplies in FORM GSTR-1 for December 2024 is extended to January 13, 2025, and for Q3 2024 to ...
Goods and Services Tax : The Supplier View functionality in GST IMS allows suppliers to track actions taken by recipients on invoices, ensuring better tr...
Goods and Services Tax : GSTN issues advisory on the new Invoice Management System (IMS) for accepting or rejecting supplier invoices, impacting GSTR-2B an...
Explore Section 18(6) of CGST Act regarding GST reversal on capital goods sale. Analysis of Rule 40(2) vs. Rule 44(6) methods & reflection in GSTR forms explained.
Explore the detailed analysis of the Ashish Kumar Sharma Vs Deputy Commissioner case by Calcutta High Court regarding the computation of penalty amount by the GST department.
Explore the applicability of time limits specified in Section 16(4) for claiming Input Tax Credit in GSTR 3B filed after the due date for September/November of the next financial year.
Madras High Court quashes order due to failure to respond to SCN, disparity in GSTR returns confirms GST demand. Detailed analysis & conclusion provided.
Maximize GST compliance and optimization for FY 2024-25 with this comprehensive guide. From LUT renewal to ITC reconciliation, ensure seamless operations and mitigate risks.
Read the full judgment of Madras High Court setting aside tax liability due to inadvertent error in GSTR-1, corrected in GSTR-3b. Detailed analysis provided.
Explore how Madras High Court quashed Assessment Order when Assessee incorrectly reported turnover in GSTR-1 but correctly in GSTR-3B. Full analysis & implications.
Discover how the Madras High Court upheld a GST payer’s right to a personal hearing, despite portal oversight. Analysis & implications outlined.
Absence of proper scrutiny and justification for rejecting petitioner’s ITC claims warranted the court to set aside the impugned order and remit the matter for re-adjudication.
CBIC Extends Due Date of Furnishing GSTR-1 for March 2024 to 12th April Due to Technical Issues on GST Portal vide Notification No. 09/2024 – Central Tax Dated: 12th April, 2024
