Clipped from: https://www.taxscan.in/top-stories/section-93-of-gst-act-covers-liability-of-legal-heirs-but-determination-against-dead-person-invalid-allahabad-hc-1433178 For liability to be enforceable, the legal heir must first be issued a show cause notice and given an opportunity to contest the
Category: GST
ITC cannot Be Denied Merely Because Supplier’s Suppliers Defaulted: Allahabad HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itc-cannot-be-denied-merely-because-suppliers-suppliers-defaulted-allahabad-hc-1432679?from-login=567931&token=RDWEBI4U4FHBBHBCTS5O9PLATYUTM89RFGFV3 Allahabad HC ruled that GST Dept cannot deny ITC on genuine, well-documented transactions merely because the supplier’s suppliers failed to pay tax In
GST Appeal Limitation Begins Only on Effective Communication, Not Portal Upload: Madras HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-appeal-limitation-begins-effective-communication-portal-upload-madras-hc.html Sharp Tanks and Structurals Private Limited Vs Deputy Commissioner (GST) (Appeals) (Madras High Court) Madras HC clarifies GST Appeal Limitation Begins Only on
*******The Great Stimulus: Will GST rate cut spur a consumption boom? – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/cover-story/story/the-great-stimulus-will-gst-rate-cut-spur-a-consumption-boom-494679-2025-09-18 From income tax cuts to the new I-T act, and now reforms in the Goods and Services Tax, the Centre has implemented a
*****GSTR 9 just got easier: Here’s what’s new in ITC reporting and why it matters for FY25 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gstr-9-just-got-easier-heres-whats-new-in-itc-reporting-and-why-it-matters-for-fy25-494698-2025-09-19 As per the latest notification, GSTR-9’s Table 6 now includes new rows A1 and A2 under Part III, allowing taxpayers to clearly distinguish
P Chidambaram writes: Time for an apology | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/p-chidambaram-writes-time-for-an-apology-10248428/?ref=opinion_hp In the first part-year (July 2017 to March 2018), the government collected about Rs 11 lakh crore. In 2024-25, it collected about Rs
*****Govt seeks monthly reports on pricing after GST rate cuts from Sep 22 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-seeks-monthly-reports-on-price-changes-after-gst-rate-cuts-from-sep-22-125091201334_1.html In the circular, which is seen by Business Standard, the CBIC directed principal chief commissioners to compile commodity-wise price data from trade associations
GST 2.0 will boost growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-20-will-boost-growth/article70038895.ece The reforms are both citizen- and business-friendly The 56th meeting of the GST Council on September 3 marks one of the most significant
*******GST 2.0: Towards simpler and citizen-centric indirect tax regime | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-2-0-towards-simpler-and-citizen-centric-indirect-tax-regime-125090801127_1.html The GST Council’s efforts at rationalisation have steadily lowered the system’s complexity while sustaining revenue buoyancy The 56th meeting of the Goods and
*******Officials explore input tax credit fixes for smooth GST transition | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/officials-explore-input-tax-credit-fixes-for-smooth-gst-transition-125090801362_1.html Suggest allowing unused ITC for SGST payments, Customs duty offsets, or tradable scrips The meeting, chaired by Cabinet Secretary T V Somanathan, was
If hotels charge 7500/*-or more for your room –what it means to others ? – Reference to news item BL
Full GST waiver could push up costs: Insurers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/full-gst-waiver-could-push-up-costs-insurers-3952640/ India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input