Clipped from: https://www.loksatta.com/business/finance/estimated-tax-evasion-of-25-thousand-crores-18-thousand-fake-companies-busted-by-gst-authorities-print-eco-news-amy-95-4693367/ कर अधिकाऱ्यांनी वस्तू व सेवा कर अर्थात ‘जीएसटी’अंतर्गत नोंदणीकृत सुमारे १८,००० बनावट कंपन्यांचा छडा लावला असून, त्यांनी सुमारे २५,००० कोटी रुपयांची करचोरी केली
Category: GST
👌👌👌👌👌Section 75(4) GST Act: Personal Hearing Requires Written Request
Clipped from: https://taxguru.in/goods-and-service-tax/section-754-gst-act-personal-hearing-requires-written-request.html Future Consumer Limited Vs State of Madhya Pradesh And Others (Madhya Pradesh High Court) In a recent decision, the Madhya Pradesh High Court dismissed
👌👌👌👌👌👌👌E-Invoicing Under GST: Applicability and Key Requirements
Clipped from: https://taxguru.in/goods-and-service-tax/e-invoicing-gst-applicability-key-requirements.html E-Invoicing Under GST The GST Council, during its 37th meeting on September 20, 2019, recommended the phased implementation of electronic invoicing (referred to
👌👌👌👌👌👌👌GST Case Law Compendium- October 24 Edition
Clipped from: https://taxguru.in/goods-and-service-tax/gst-case-law-compendium-october-24-edition.html The October 2024 GST Case Law Compendium covers pivotal judicial decisions from the High Court, GSTAT, Supreme Court, and CESTAT on varied GST
👌👌👌👌👌👌👌Negative Liability Statement for Regular Taxpayers: Here’s What GSTR-3B Filers Need to Know
Clipped from: https://www.taxscan.in/negative-liability-statement-for-regular-taxpayers-heres-what-gstr-3b-filers-need-to-know/453648/ The Goods and Services Tax Network ( GSTN ) has introduced a new facility that allows regular taxpayers to enter negative amounts in
👌GST circulars should be clear and easy to understand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-circulars-should-be-clear-and-easy-to-understand/article68829812.ece This will smoothen the assessment process and reduce the piling up of appeals at the Tribunals Monthly GST collections are becoming a sort
👌CESTAT Rules Mere Non-Payment of Service Tax Not Suppression of fact
Clipped from: https://www.taxscan.in/mere-non-payment-of-service-tax-not-suppression-of-fact-cestat-quashes-order-under-extended-limitation-read-order/453127/ The appellant referred to precedents where it was held that non-disclosure alone does not equate to suppression unless it is accompanied by deliberate
Gauhati HC Holds Summary of SCN in GST DRC 01 Not same as SCN u/s 73 (1) of CGST Act
Clipped from: https://www.taxscan.in/summary-of-scn-in-gst-drc-01-not-same-as-scn-u-s-73-1-of-cgst-act-gauhati-hc-read-order/452992/ The court held that the Show Cause Notice to be issued in terms with Section 73 [1] of the Central Act or State
👌👌👌👌👌GST frauds multiply: Officials grapple with widespread evasion, complex scams | Business News – The Indian Express
Clipped from: https://indianexpress.com/article/business/gst-frauds-multiply-officials-grapple-with-widespread-evasion-complex-scams-9651890/?ref=latestnews_hp Over seven years after the rollout of GST in July 2017, authorities are still grappling with multiple such instances of GST frauds, involving
👌👌👌👌👌👌👌Composite Supply and Mixed Supply under GST Explained
Clipped from: https://taxguru.in/goods-and-service-tax/composite-supply-mixed-supply-gst-explained.html Many a times suppliers sold their product/services in a combination or as package. These package may be naturally bundled or not. These types
👌GST Amnesty Scheme 128A: No Interest, Penalty for FY 2017-18 to 2019-20
Clipped from: https://taxguru.in/goods-and-service-tax/gst-amnesty-scheme-128a-interest-penalty-fy-2017-18-2019-20.html GST Amnesty Scheme- 128A-No Interest & Penalty from FY 2017-18, 2018-19 & 2019-20 -Simplified Summary: The GST Amnesty Scheme under Section 128A offers relief
👌👌👌👌👌👌👌New RCM Time of Supply Rules Effective from 1st November 2024
Clipped from: https://taxguru.in/goods-and-service-tax/rcm-time-supply-rules-effective-1st-november-2024.html Summary: Effective November 1, 2024, new amendments to the CGST Act will change the time of supply rules for Reverse Charge Mechanism (RCM)
👌👌👌👌👌GST return time bar: No filing after 3 years of due date, taxpayers advised to file pending return – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-return-time-bar-no-filing-after-3-years-of-due-date-taxpayers-advised-to-file-pending-return-452067-2024-10-30 The new changes will be implemented on the GST portal in early 2025. Therefore, taxpayers are urged to review their records and submit
👌👌👌👌👌GST Registration Cannot Be Cancelled for Non-Submission of SCN Reply: Allahabad HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-non-submission-scn-reply-allahabad-hc.html Laxmi Traders Vs Addl. Comm. Grade 2 (Appeal) (Allahabad High Court) In Laxmi Traders Vs. Additional Commissioner (Appeal), the Allahabad High Court addressed the
GST returns to become time-barred: No filing after 3 years | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/gst-returns-to-become-time-barred-no-filing-after-3-years-124103001362_1.html The taxpayers shall compile or reconcile requisite information to prepare the GST returns and file the returns within three years from the respective
👌GST returns to become time-barred after three years from early 2025 | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/gst-returns-to-become-time-barred-after-three-years-from-early-2025-124102901337_1.html GST Network on Tuesday said beginning early next year, GST taxpayers will not be able to file monthly and annual GST returns after
👌👌👌👌👌👌👌Date of online acknowledgement is date of filing GST appeal: Karnataka HC
Clipped from: https://taxguru.in/goods-and-service-tax/date-online-acknowledgement-date-filing-gst-appeal-karnataka-hc.html Date of online acknowledgement of appeal filed be considered as date of filing appeal Summary: In the case of Hitachi Energy India Ltd. v. State
👌👌👌👌👌👌👌CBDT Circulars Cannot Override Income Tax Act: Punjab & Haryana HC
Clipped from: https://taxguru.in/income-tax/cbdt-circulars-override-income-tax-act-punjab-haryana-hc.html Ishwar Chand Vs Union of India (Punjab and Haryana HC) In the case of Ishwar Chand vs Union of India, the Punjab and Haryana
👌👌👌👌👌Patna HC rules GST Appellate Authority must consider Grounds raised in Memo even while Considering Appeal Ex-Parte
Clipped from: https://www.taxscan.in/gst-appellate-authority-must-consider-grounds-raised-in-memorandum-even-while-considering-appeal-ex-parte-patna-hc/449734/ The Patna High Court ruled that the Goods and Services Tax ( GST ) appellate authority must consider the grounds raised in the
👌👌👌👌👌CBIC revises GST Notification on Renting Immovable Property RCM
Clipped from: https://www.taxscan.in/cbic-issues-corrigendum-to-gst-rcm-notification-on-renting-immovable-property-read-notification/449785/ In a significant update, the Central Board of Indirect Taxes and Customs ( CBIC ) has issued a corrigendum on October 22, 2024,