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Revamping GST: New ISD Mechanism under Finance Act, 2024

Goods and Services Tax : The Government has notified the Finance Act, 2024 on February 15, 2024, to implement the financial proposals of the Central Govern...

June 13, 2024 1371 Views 0 comment Print

Benefit of extended date of Section 16(4) has to be given retrospectively from July 2017: HC

Goods and Services Tax : High Court rules Section 16(4) of GST Act should apply retrospectively from July 2017, ensuring taxpayers' rights to claim ITC are...

June 11, 2024 1518 Views 0 comment Print

Kerala HC upholds validity of Section 16(2)(c) and 16(4) of CGST Act

Goods and Services Tax : Explore the recent Kerala High Court judgment on the validity of Section 16(2)(c) and 16(4) of the CGST Act, analyzing the nature ...

June 11, 2024 1023 Views 0 comment Print

Section 16(2)(c) & 16(4) Validity, ITC availment deadline Shifted to November

Goods and Services Tax : Kerala High Court upholds constitutional validity of GST Sections 16(2)(c) and 16(4), extends ITC availment date to November 30 re...

June 11, 2024 1599 Views 0 comment Print

Transfer of Unutilized ITC During Demerger: Procedures, Rules & Practical Insights

Goods and Services Tax : Learn about the procedures, rules, and practical insights for transferring unutilized Input Tax Credit (ITC) during a demerger und...

June 8, 2024 1044 Views 0 comment Print

Latest News

Live webinar: Block Credit in GST under Section 17(5)

Goods and Services Tax : Join our live webinar on Block Credit in GST u/s 17(5) to understand ITC, eligibility criteria, and critical provisions. Expert in...

May 13, 2024 12513 Views 0 comment Print

Meerut CGST Commissionerate Busts Rs. 1,000 Cr ITC Fraud

Goods and Services Tax : Meerut CGST Commissionerate exposes a syndicate claiming fraudulent Input Tax Credit of over Rs. 1,000 crore through 232 fake firm...

March 9, 2024 540 Views 0 comment Print

GST Input Tax Credit: Issues, Settlements and Government Measures

Goods and Services Tax : Explore the limitations and settlements regarding GST input tax credit, including late fees, penalties, and recent amendments. Dis...

February 7, 2024 2232 Views 0 comment Print

Elimination of Inequality in Income & Living of Citizens by GST Implementation

Goods and Services Tax : Explore how the implementation of GST in India has affected income inequality and living standards. Analysis of tax collection imp...

February 7, 2024 465 Views 0 comment Print

Government Uncovers 4,153 Bogus Firms in GST Evasion Scandal

Goods and Services Tax : Details of how GST authorities detected 4,153 fake firms evading input tax credit worth Rs. 12,036 crore. Steps taken to prevent f...

February 7, 2024 450 Views 0 comment Print

Latest Judiciary

Delhi HC Sets Aside Order for Failure to Consider Petitioner’s Detailed Reply

Goods and Services Tax : Delhi High Court orders re-evaluation of a GST case due to inadequate consideration of petitioner's response. Detailed analysis an...

June 14, 2024 75 Views 0 comment Print

Delhi HC orders re-adjudication of GST demand notice due to accountant’s maternity leave

Goods and Services Tax : Delhi HC orders re-adjudication of GST demand notice due to accountant's maternity leave. Petitioner granted opportunity to respon...

June 13, 2024 177 Views 0 comment Print

GST Demand: HC directs officer to re-adjudicate & pass a fresh speaking order

Goods and Services Tax : Delhi High Court quashes demand in Sethia Enterprises vs Commissioner GST case, citing lack of consideration for petitioner's det...

June 13, 2024 129 Views 0 comment Print

Madras HC Sets Conditions for GST Registration Restoration

Goods and Services Tax : Vinayaga Enterprises challenges GST registration cancellation due to non-filing of GSTR. Madras High Court issues conditions for r...

June 13, 2024 687 Views 0 comment Print

Proper Officer’s Incomplete Consideration of Petitioner’s Reply: Delhi HC directs Re-adjudication

Goods and Services Tax : Delhi High Court orders re-evaluation of Show Cause Notice against MSW Solutions Ltd., citing non-application of mind by proper of...

June 9, 2024 255 Views 0 comment Print

Latest Notifications

Minutes of GST Grievance Redressal Meeting held on 22.04.2024

Goods and Services Tax : Explore the detailed minutes and recommendations from a recent Grievance Redressal Meeting chaired by the Principal Chief Commissi...

May 1, 2024 2001 Views 1 comment Print

Weekly Newsletter from Chairman, CBIC dated 08/04/2024

Goods and Services Tax : Catch up on the latest CBIC updates including legacy cases, gold smuggling bust, GST fraud crackdown, and inspiring achievements. ...

April 8, 2024 396 Views 0 comment Print

Non-issuance of notices in case of voluntary compliance under Sections 73 and 74 of KSGST Act, 2017

Goods and Services Tax : Understand the procedures for voluntary tax compliance under Sections 73 and 74 of the KSGST Act, 2017. Detailed analysis of Circu...

April 6, 2024 3159 Views 0 comment Print

CBIC Chairman’s Weekly Newsletter-11th March, 2024

Goods and Services Tax : Discover insights from the National Conference of Enforcement Chiefs on GST evasion, collaborative efforts, and tech utilization f...

March 11, 2024 240 Views 0 comment Print

Import of Yellow Peas ‘Free’ from MIP Condition & Port Restrictions Until April 30, 2024

DGFT : Explore Government of Indias DGFT Notification 61/2023, extending the import period for Yellow Peas. Get insights on revised polic...

February 23, 2024 534 Views 0 comment Print

Kerala HC Upholds Blocking of ITC in Fictitious Transactions Case

December 10, 2023 591 Views 0 comment Print

Read the Kerala High Court judgment in Shine Abraham Vs State Tax Officer case, upholding the blocking of input tax credit due to fictitious transactions and fake invoices.

ITC cannot be blocked when no order is issued u/s 74 of CGST Act or Rule 86A of CGST Rules

December 10, 2023 2397 Views 0 comment Print

Telangana High Court’s landmark decision in M/s. A.S.E. India v. Union of India, highlighting invalidity of blocking ITC without a CGST Act Section 74 order or Rule 86A compliance.

Latest GSTN Advisories: ITC Compliance, Rule 37(A) Reversal, Biometric Authentication

December 8, 2023 5208 Views 0 comment Print

Stay informed with the latest GSTN advisories, covering topics such as ITC compliance, Rule 37(A) reversal, biometric authentication pilot, and address/contact details of promoters.

Blocked Credits in Real Estate Construction: ITC Implications

December 8, 2023 12453 Views 0 comment Print

Understanding the complexities of blocked Input Tax Credit (ITC) in real estate construction. Explore implications for businesses dealing with raw materials in real estate projects. Stay informed on GST regulations and ITC eligibility

SOP for verification of Inadmissible ITC of IGST reversal in GSTR 3B

December 8, 2023 32052 Views 0 comment Print

Standard Operating Procedures for Monitoring Ineligible IGST Input Tax Credit Reversal by Taxpayers in Return Form GSTR 3B (SOP-1/2023)

CCI directs DGAP to investigate ITC benefit passing claim of ‘GP Infra’

December 6, 2023 396 Views 0 comment Print

Competition Commission of India (CCI) order on the complaint filed by Syed Ali Hussaini against Vasavi and GP Infra LLP. CCI directs DGAP to investigate ITC benefit claim.

CCI directs DGAP to verify claim of Ireo Grace Realtech of passing ITC benefit 

December 6, 2023 249 Views 0 comment Print

Competition Commission of India (CCI) directs DGAP to verify claim of Ireo Grace Realtech of passing ITC benefit following application alleging profiteering over the purchase of flat No. CD-A5-09-902 in The Corridors project in Sector 67A, Gurgaon, Haryana

ITC Disallowance: Allahabad HC Sets Aside Order on Wrong GSTIN in GSTR-1

December 4, 2023 3570 Views 0 comment Print

Allahabad HC in Shree Krishna Traders vs. State of UP sets aside order on ITC dispute, remits to Revenue Department. Clarifies on GSTIN error in GSTR-1.

A Critical Study with Reference to GSTR2A, 2B & Circumstances Under Which Reversal of Input Tax Credit Arises

November 26, 2023 20655 Views 2 comments Print

Gain a comprehensive understanding of input tax credit, GSTR2A, 2B, and the related conditions with this article. Claim ITC & understand GST rules & due dates

GST ITC optimum offset/Utilization Tool

November 25, 2023 4479 Views 0 comment Print

Use our GST ITC Utilization Tool to optimize your Input Tax Credit and minimize the challan amount. Our proposed methodology follows the relevant Sections and Rules of the GST Law.

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