https://www.thehindubusinessline.com/news/real-estate/gst-council-may-soon-clarify-tax-exemption-to-rera/article67884590.ece Clipped from: https://www.thehindubusinessline.com/news/real-estate/gst-council-may-soon-clarify-tax-exemption-to-rera/article67884590.ece RERA was set up in different states to ensure transparency in real estate projects, protect consumers and establish an adjudicating mechanism for
Category: GST
👌Credit sanction to entities–particularly the MSMEs will become easy–
With appropriate consent from the supplier / recipient, GSTN is empowered to disclose specific details submitted in the GST registration application, along with data from
GST portal’s new data sharing mechanism to facilitate seamless credit for assessees – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-assessees-to-have-more-seamless-experience-in-getting-bank-credit-due-to-new-data-sharing-mechanism/article67878375.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-assessees-to-have-more-seamless-experience-in-getting-bank-credit-due-to-new-data-sharing-mechanism/article67878375.ece GST portal can now share data with public tech platform for seamless credit sanctioning, impacting compliance and innovation in fintech. Getting credit
India unlikely to extend moratorium on customs duties on e-commerce – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/india-unlikely-to-extend-moratorium-on-customs-duties-on-e-commerce/article67868118.ece Clipped from: https://www.thehindubusinessline.com/economy/india-unlikely-to-extend-moratorium-on-customs-duties-on-e-commerce/article67868118.ece Will oppose efforts by countries, including China, for a plurilateral pact on investment facilitation, say officials India is unlikely to extend the
GST compliance for E-commerce operators and sellers
https://taxguru.in/goods-and-service-tax/gst-compliance-e-commerce-operators-sellers.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-compliance-e-commerce-operators-sellers.html Introduction: In the rapidly evolving landscape of e-commerce, adherence to Goods and Services Tax (GST) regulations is paramount. Recent amendments, particularly regarding composite
GST registration cannot be cancelled with retrospective effect mechanically
https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-retrospective-effect-mechanically.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-retrospective-effect-mechanically.html Trading Co. Proprietorship of Mr. Rajendra Kumar Bothra Through Legal Heir Sh. Mudit Bothra Vs Commissioner of Delhi Goods And Services Tax
Limitation Act Applicability in GST Appeals: Calcutta HC Ruling
https://taxguru.in/goods-and-service-tax/limitation-act-applicability-gst-appeals-calcutta-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/limitation-act-applicability-gst-appeals-calcutta-hc.html S.K. Chakraborty & Sons Vs Union of India & Ors. (Calcutta High Court) Introduction: The Calcutta High Court recently addressed the applicability of
Non-Acceptance of Goods Doesn’t Constitute Operational Debt under IBC: NCLT
https://taxguru.in/corporate-law/non-acceptance-goods-constitute-operational-debt-ibc-nclt.html Clipped from: https://taxguru.in/corporate-law/non-acceptance-goods-constitute-operational-debt-ibc-nclt.html Adishank Chemicals Pvt. Ltd. Vs Baerlocher India Additives Pvt. Ltd. (NCLT Mumbai) In a recent judgment, the National Company Law Tribunal (NCLT),
GST E-Way Bill Expired Due To Accident: Calcutta HC Quashes Penalty under West Bengal GST Act
Clipped from: https://www.taxscan.in/gst-e-way-bill-expired-due-to-accident-calcutta-hc-quashes-penalty-under-west-bengal-gst-act-read-order/374621/ The Calcutta High Court quashed the penalty under the West Bengal Goods and Service Tax ( WBGST) Act,2017. The GST e-way bill expired due to
👌👌👌E-invoicing to pave the path for India at 100’s economic resilience – SME News | The Financial Express
https://www.financialexpress.com/business/sme-e-invoicing-to-pave-the-path-for-india-at-100s-economic-resilience-3397150 Clipped from: https://www.financialexpress.com/business/sme-e-invoicing-to-pave-the-path-for-india-at-100s-economic-resilience-3397150/ The introduction of e-invoicing under GST clearly shows the government’s commitment to simplifying the tax system while promoting a more digitally inclusive
👌SC issues notice to central govt on GST anti-profiteering provisions
https://www.business-standard.com/finance/news/sc-issues-notice-to-central-govt-on-gst-anti-profiteering-provisions-124021200458_1.html Clipped from: https://www.business-standard.com/finance/news/sc-issues-notice-to-central-govt-on-gst-anti-profiteering-provisions-124021200458_1.html Petitioner appeals against Delhi HC order upholding provisions; more companies may approach apex court It is the first petition against the High
👌Madras High Court backs taxpayer in GST delayed payments interest case – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/madras-high-court-backs-taxpayer-in-gst-delayed-payments-interest-case/article67828809.ece Clipped from: https://www.thehindubusinessline.com/business-laws/madras-high-court-backs-taxpayer-in-gst-delayed-payments-interest-case/article67828809.ece Madras High Court delivers a landmark judgement against the GST department, ruling that interest is not payable on GST dues already paid
GST Input Tax Credit: Issues, Settlements and Government Measures
https://taxguru.in/goods-and-service-tax/gst-input-tax-credit-issues-settlements-government-measures.html lipped from: https://taxguru.in/goods-and-service-tax/gst-input-tax-credit-issues-settlements-government-measures.html The availability of GST input tax credit (ITC) has been a subject of concern for traders in India. Questions have arisen regarding
GST Demand Notices: A Guide to Sections 73 and 74 of GST Act
https://taxguru.in/goods-and-service-tax/gst-demand-notices-guide-sections-73-74-gst-act.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-notices-guide-sections-73-74-gst-act.html Introduction: The Goods and Services Tax (GST) legislation, encapsulated within Sections 73 and 74 of the GST Act, delineates clear procedures for addressing
GST — fake summons –
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GST
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Address GST blues – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/address-gst-blues/article67790039.ece Clipped from: https://www.thehindubusinessline.com/opinion/address-gst-blues/article67790039.ece The interim Budget can point to a roadmap The interim Budget may not have major policy announcements, but it could provide insights