Clipped from: https://taxguru.in/goods-and-service-tax/advisory-validity-gst-notices-orders-digital-signatures.html On September 26, 2024, an advisory was issued regarding the validity of documents such as Show Cause Notices (SCNs) and Orders issued by
Category: GST
👌👌👌👌👌Service of Notice Under GST Law: Key Requirements
Clipped from: https://taxguru.in/goods-and-service-tax/service-notice-gst-law-key-requirements.html Section 169(1) of the CGST Act, 2017 outlines the methods through which notices can be served by the department, such as personal delivery,
A Single SCN cannot be issued for multiple tax periods: Karnataka HC
Clipped from: https://taxguru.in/goods-and-service-tax/single-show-notice-issued-multiple-tax-periods-karnataka-hc.html Veremax Technologie Services Limited Vs Assistant Commissioner of Central Tax (Karnataka High Court) Summary: In Veremax Technologies Services Limited vs Assistant Commissioner of Central Tax,
GST officers detect 10,700 bogus firms, over Rs 10K crore evasion | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/gst-officers-detect-10-700-bogus-firms-over-rs-10k-crore-evasion-124092400519_1.html Speaking at an Assocham event, Shashank Priya also said that in future, the tax authorities may also put certain restrictions on new taxpayers
👌👌👌👌👌👌👌GST on Real Estate Sector: Key Rules and Rates
Clipped from: https://taxguru.in/goods-and-service-tax/gst-real-estate-sector-key-rules-rates.html Summary: The implementation of GST in India has significantly impacted the real estate sector, with varying tax rates based on the type of property
👌👌👌👌👌GST on Renting of Immovable Property: Applicability, Exemptions & Taxability
Clipped from: https://taxguru.in/goods-and-service-tax/gst-renting-immovable-property-applicability-exemptions-taxability.html The Goods and Services Tax (GST) on renting of immovable property is governed by specific provisions under the CGST Act, 2017. Renting or leasing
👌👌👌👌👌FAQs on Invoice Management System (IMS) in GST Portal
Clipped from: https://taxguru.in/goods-and-service-tax/frequently-asked-questions-ims.html The Invoice Management System (IMS) is a GST portal feature designed to streamline invoice handling for taxpayers. IMS allows recipients to accept, reject,
Is GST Registration Cancellation a ‘Capital Punishment’ for Traders?
Clipped from: https://www.taxscan.in/is-gst-registration-cancellation-a-capital-punishment-for-traders-analyzing-madras-hcs-insight/438907/ The cancellation of Goods and Services Tax ( GST ) registrations has emerged as a significant challenge for many small traders and businesses
GST demand orders cannot be passed without issuance of SCN: Jharkhand HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-orders-passed-issuance-scn-jharkhand-hc.html Prity Dokania sole proprietor of M/s Samridhi Enterprises Vs State of Jharkhand (Jharkhand High Court) In the case of Prity Dokania Vs State of
Issuance of single consolidate notice u/s. 73 for multiple assessment year contravenes CGST Act: Karnataka HC
lipped from: https://taxguru.in/goods-and-service-tax/issuance-single-consolidate-notice-u-s-73-multiple-assessment-year-contravenes-cgst-act-karnataka-hc.html Bangalore Golf Club Vs Assistant Commissioner of Commercial Taxes (Karnataka High Court) Karnataka High Court held that the practice of issuing a single,
👌Madras HC: GST dept has to Verify Correctness of Returns and Particulars before Initiating Action u/s 73
Clipped from: https://www.taxscan.in/gst-dept-has-to-verify-correctness-of-returns-and-particulars-before-initiating-action-u-s-73-madras-hc-read-order/438238/ The Madras High Court has ruled that the Goods and Services Tax ( GST ) Department should thoroughly verify the correctness of tax
👌Madras HC Deems GST Cancellation ‘Capital Punishment,’ Demands Simpler Rules and SMS Alerts
Clipped from: https://www.taxscan.in/madras-high-court-calls-gst-registration-cancellation-capital-punishment-for-traders-orders-easier-rules-and-sms-alerts-in-regional-languages/437127/ In the recent case,the High Court of Madras called the cancellation of GST registration ‘capital punishment’ for traders. The court ordered the Goods
👌👌👌👌👌Corporate guarantee: A ‘yearly’ quandary – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/corporate-guarantee-a-yearly-quandary/article68456741.ece Clipped from: https://www.thehindubusinessline.com/business-laws/corporate-guarantee-a-yearly-quandary/article68456741.ece Amendment threatens to dent the working capital of businesses offering corporate guarantees to related parties The 53rd Goods and Services Tax (GST)
Zomato receives fresh GST demand, penalty order amounting to Rs 17.7 cr | Company News – Business Standard
https://www.business-standard.com/companies/news/zomato-receives-fresh-gst-demand-penalty-order-amounting-to-rs-17-7-cr-124091801444_1.html Clipped from: https://www.business-standard.com/companies/news/zomato-receives-fresh-gst-demand-penalty-order-amounting-to-rs-17-7-cr-124091801444_1.html The demand order, received by the company on Tuesday, is with respect to non- payment of GST on delivery charges and interest,
👌Single Consolidated GST SCN u/s 73 cannot be issued for Multiple Assessment Years: Karnataka HC
Clipped from: https://www.taxscan.in/single-consolidated-gst-scn-u-s-73-cannot-be-issued-for-multiple-assessment-years-karnataka-hc/436871/ The Karnataka High Court has declared that issuing a single consolidated Show Cause Notice ( SCN ) under Section 73 of the Goods
👌👌👌👌👌GST Council recommends Rectification Process for ITC Orders u/s 73, 74, 107, and 108; Circular to Address ITC Issues
Clipped from: https://www.taxscan.in/gst-council-recommends-rectification-process-for-itc-orders-u-s-73-74-107-and-108-circular-to-address-itc-issues/436764/ Wrong availment of Income Tax Credit lead to the decision by 54th GST Council Meeting By Arjun A P – On September 14, 2024 10:12 am –
👌👌👌Extended Demand Period unsustainable Without Tax Evasion Intent
https://taxguru.in/excise-duty/extended-demand-period-unsustainable-tax-evasion-intent.html lipped from: https://taxguru.in/excise-duty/extended-demand-period-unsustainable-tax-evasion-intent.html Kanoria Energy & Infrastructure Ltd. Vs Commissioner, CGST & Central Excise (CESTAT Delhi) Summary: In the case of Kanoria Energy & Infrastructure Ltd.
👌👌👌Proceedings u/s. 130 of GST Act cannot be initiated for excess stock found during survey: Allahabad HC
https://taxguru.in/goods-and-service-tax/proceedings-u-s-130-gst-act-initiated-excess-stock-survey-allahabad-hc.html lipped from: https://taxguru.in/goods-and-service-tax/proceedings-u-s-130-gst-act-initiated-excess-stock-survey-allahabad-hc.html Vk Electricals Vs Additional Commissioner Grade-2 Appeal-Ii And Another (Allahabad High Court) Allahabad High Court held that in case of excess stock
👌👌👌👌👌RCM Liability/ITC Statement introduced on GST Portal
https://taxguru.in/goods-and-service-tax/rcm-liability-itc-statement-introduced-gst-portal.html Clipped from: https://taxguru.in/goods-and-service-tax/rcm-liability-itc-statement-introduced-gst-portal.html Summary: In August 2024, the GST Portal introduced a new RCM Liability/ITC Statement to help taxpayers manage their reverse charge mechanism (RCM) liabilities
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