https://www.business-standard.com/opinion/editorial/reforming-gst-124041400686_1.html Clipped from: https://www.business-standard.com/opinion/editorial/reforming-gst-124041400686_1.html It should be a priority after the elections One of the most significant reforms of the last decade has been the implementation
Category: GST
Right to personal hearing & object SCN cannot be compromised if SCN not uploaded on GST portal
https://taxguru.in/goods-and-service-tax/personal-hearing-object-scn-compromised-scn-uploaded-gst-portal.html Clipped from: https://taxguru.in/goods-and-service-tax/personal-hearing-object-scn-compromised-scn-uploaded-gst-portal.html Khanna Polyrib Private Limited Vs State of U.P. and Another (Allahabad High Court) The Hon’ble Allahabad High Court in the case of Khanna
Chhattisgarh HC Directs GST Council Consider Benefits Ice Cream Manufacturers
https://taxguru.in/goods-and-service-tax/chhattisgarh-hc-directs-gst-council-consider-benefits-ice-cream-manufacturers.html Clipped from: https://taxguru.in/goods-and-service-tax/chhattisgarh-hc-directs-gst-council-consider-benefits-ice-cream-manufacturers.html Small Scale Ice Cream Manufacturer Association Vs Union of India (Chhattisgarh High Court) Ice Cream is not luxurious item; Chhattisgarh HC directs GST council
Ratio of GST collections to GDP is increasing, albeit at a slow pace | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/ratio-of-gst-collections-to-gdp-is-increasing-albeit-at-a-slow-pace-124040900613_1.html Clipped from: https://www.business-standard.com/economy/news/ratio-of-gst-collections-to-gdp-is-increasing-albeit-at-a-slow-pace-124040900613_1.html GST receipts rose more than GDP growth in nominal terms in the past three years. But buoyancy came down from 1.6 to
👍👍👍Issuance of Form GST ASMT-10 Notice Prior to Show Cause Notice is Mandatory
https://taxguru.in/goods-and-service-tax/issuance-form-gst-asmt-10-notice-prior-show-notice-mandatory.html Clipped from: https://taxguru.in/goods-and-service-tax/issuance-form-gst-asmt-10-notice-prior-show-notice-mandatory.html Prime Steel Industries Pvt Ltd Vs State of H.P. & others (Himachal Pradesh High Court) In the recent case of Prime Steel
👍👍👍Kudos to CBIC for instructions on GST investigations | Expert Views – Business Standard
https://www.business-standard.com/opinion/columns/kudos-to-cbic-for-instructions-on-gst-investigations-124040700659_1.html Clipped from: https://www.business-standard.com/opinion/columns/kudos-to-cbic-for-instructions-on-gst-investigations-124040700659_1.html For issue of summons, prior approval of an officer not below rank of assistant/deputy commissioner must be obtained and relevancy and propriety
👍👍👍👍👍tax notice: Keep taxpayers in the loop before you act: Court to Income Tax dept – The Economic Times
https://economictimes.indiatimes.com/news/india/keep-taxpayers-in-the-loop-before-you-act-court-to-income-tax-dept/articleshow/109098291.cms Clipped from: https://economictimes.indiatimes.com/news/india/keep-taxpayers-in-the-loop-before-you-act-court-to-income-tax-dept/articleshow/109098291.cms Synopsis Quashing a November 2022 show-cause notice against Munjal BCU Centre of Innovation and Entrepreneurship, The Punjab and Haryana High Court said
👍👍👍A reform window: On the GST trajectory – The Hindu
https://www.thehindu.com/opinion/editorial/a-reform-window-on-the-gst-trajectory/article68020253.ece Clipped from: https://www.thehindu.com/opinion/editorial/a-reform-window-on-the-gst-trajectory/article68020253.ece Buoyant GST revenues create a chance to prioritise its overhaul The financial year 2023-24 appears to have ended on a high on
GST collection in March surges to ₹1.78-lakh crore – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-collection-in-march-surges-to-178-lakh-crore/article68016512.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-collection-in-march-surges-to-178-lakh-crore/article68016512.ece This is the second all-time high collection after ₹1.87-lakh crore in April last year Improved compliance coupled with a spur in economic
I-T dept busts network of money changers in GST ITC scam – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/cbic-busts-network-of-money-changer-firms-involved-in-fraudulent-claim-of-input-tax-credit-amounting-1000-crore/article67950698.ece Clipped from: https://www.thehindubusinessline.com/economy/cbic-busts-network-of-money-changer-firms-involved-in-fraudulent-claim-of-input-tax-credit-amounting-1000-crore/article67950698.ece The Income Tax Department has unearthed a network of 232 fake money changing companies and detected tax evasion through fraudulently generated Input
*****Order passed by an authority cannot go beyond scope of show cause notice
https://taxguru.in/corporate-law/order-passed-authority-beyond-scope-show-cause-notice.html Clipped from: https://taxguru.in/corporate-law/order-passed-authority-beyond-scope-show-cause-notice.html CA Sandeep Kanoi 28 Mar 2024 165 Views 0 comment Print Corporate Law | Judiciary Case Law Details Case Name : Ramlala Vs State of U.P. and 4 Others (Allahabad
👍👍👍👍👍ITC Claim Cannot Be Denied merely Due to GSTR-2A, 3B Mismatch: Kerala HC
https://taxguru.in/goods-and-service-tax/itc-claimed-denied-due-mismatch-gstr-2a-gstr-3bkerala-hc-sets-order-philips-auto-agencies.html Clipped from: https://taxguru.in/goods-and-service-tax/itc-claimed-denied-due-mismatch-gstr-2a-gstr-3bkerala-hc-sets-order-philips-auto-agencies.html Philips Auto Agencies (India) Pvt. Ltd. Vs State Tax Officer (Kerala High Court) Introduction: Philips Auto Agencies (India) Pvt. Ltd. approached the Kerala High
👍👍👍👍👍Portal Access Issue: Delhi HC Directs Re-Adjudication for GST Registration Cancellation
https://taxguru.in/goods-and-service-tax/portal-access-issue-delhi-hc-directs-re-adjudication-gst-registration-cancellation.html Clipped from: https://taxguru.in/goods-and-service-tax/portal-access-issue-delhi-hc-directs-re-adjudication-gst-registration-cancellation.html Polytec Industries Through Its Proprietor Mr.Rohit Gupta Vs Commissioner Delhi Goods And Services Tax Trade And Tax Department And Ors (Delhi High
👍👍👍👍👍👍👍Show Cause Notice Under GST Regime- A Comprehensive Analysis
https://taxguru.in/goods-and-service-tax/show-notice-goods-service-tax-regime-comprehensive-analysis.html Clipped from: https://taxguru.in/goods-and-service-tax/show-notice-goods-service-tax-regime-comprehensive-analysis.html INTRODUCTION Show cause notice which is usually termed as SCN is a notice issued by the proper officer to the registered tax
👍👍👍👍👍GST demand cannot be raised based on figures in Profit and Loss Account
https://taxguru.in/goods-and-service-tax/gst-demand-raised-based-figures-profit-loss-account.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-raised-based-figures-profit-loss-account.html Introduction: In a significant ruling, the Madras High Court addressed the issue of whether GST demand can be raised solely based on figures
👍👍👍👍👍👍👍No Reversal of ITC Despite Supplier’s Non-Existence
https://taxguru.in/goods-and-service-tax/reversal-itc-suppliers-non-existence.html Clipped from: https://taxguru.in/goods-and-service-tax/reversal-itc-suppliers-non-existence.html Introduction: The issue of Input Tax Credit (ITC) under the GST regime has been a contentious subject, particularly when suppliers’ registrations are
👍👍👍Whether issuance of pre-SCN intimation is mandatory or optional
https://taxguru.in/goods-and-service-tax/issuance-pre-scn-intimation-mandatory-optional.html Clipped from: https://taxguru.in/goods-and-service-tax/issuance-pre-scn-intimation-mandatory-optional.html W.e.f. 15.10.2020 issuance of pre-SCN intimation is optional. Rule 142(1A) of the Central Goods and Services Tax, Rules, 2017 (CGST Rules, 2017) was substituted
👍👍👍👍👍GST on Contributions to Housing Societies
https://taxguru.in/goods-and-service-tax/gst-contributions-housing-societies.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-contributions-housing-societies.html Introduction The interpretation of Goods and Services Tax (GST) laws regarding contributions to housing societies has been a subject of debate and
👍👍👍GST Registration not to be cancelled based on vague SCN: Delhi HC
https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-based-vague-scn-delhi-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-based-vague-scn-delhi-hc.html Introduction In a significant legal precedent, the Hon’ble Delhi High Court recently rendered a crucial verdict regarding the cancellation of GST registrations based
