https://taxguru.in/goods-and-service-tax/section-16-4-delayed-filing-return-cost-availability-itc-defaulters.html Clipped from: https://taxguru.in/goods-and-service-tax/section-16-4-delayed-filing-return-cost-availability-itc-defaulters.html Section 16(4) of the CGST Act, 2017 sounds like a nightmare to taxpayers whose Input Tax Credit is disallowed by the Department. The significance
Category: GST
Typographical or clerical error in e-way bill is not a ground for penalty imposition
https://taxguru.in/goods-and-service-tax/typographical-clerical-error-e-way-bill-ground-imposition-penalty.html Clipped from: https://taxguru.in/goods-and-service-tax/typographical-clerical-error-e-way-bill-ground-imposition-penalty.html Introduction: In a landmark decision, the Allahabad High Court, in the case of Hawkins Cookers Ltd. v. State of UP [Writ Tax No. 739
👌👌👌👌👌👌👌Failure to Respond on SCN due to Missing Receipt of Notice from GST Portal: Delhi HC directs Re Adjudication
Clipped from: https://www.taxscan.in/failure-to-respond-on-scn-due-to-missing-receipt-of-notice-from-gst-portal-delhi-hc-directs-re-adjudication/378126/ The Delhi High Court directed re-adjudication as the failure to respond to Show Cause Notice ( SCN ) was due to a missing
👌👌👌👌👌👌👌Delhi HC Sets Aside Order Due to GST SCN sent on wrong Email Address
https://taxguru.in/goods-and-service-tax/delhi-hc-sets-aside-order-due-gst-scn-sent-wrong-email-address.html Clipped from: https://taxguru.in/goods-and-service-tax/delhi-hc-sets-aside-order-due-gst-scn-sent-wrong-email-address.html Babaji Bags A Proprietary Firm Vs Union of India (Delhi High Court) In a recent development, the Delhi High Court has overturned
👌5 Problems with the Indian Goods and Services Tax – GST Regime
Clipped from: https://www.taxscan.in/5-problems-with-the-indian-goods-and-services-tax-gst-regime/376727/ Top Stories Despite being proposed to be a Good and Simple Tax, the GST Regime has given a hard time for taxpayers as
Madras HC upholds ITC Claims despite discrepancies in GSTR-3B
https://taxguru.in/goods-and-service-tax/madras-hc-upholds-itc-claims-discrepancies-gstr-3b.html Clipped from: https://taxguru.in/goods-and-service-tax/madras-hc-upholds-itc-claims-discrepancies-gstr-3b.html Sri Shanmuga Hardwares Electricals Vs STO (Madras high court) In a recent judgment, the Madras High Court addressed the issue of Input
👌👌👌👌👌GST Registration Cancellation with Retrospective Effect Requires Intent & Justification: Delhi HC
https://taxguru.in/goods-and-service-tax/gst-registration-cancellation-retrospective-effect-requires-intent-justification-delhi-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancellation-retrospective-effect-requires-intent-justification-delhi-hc.html Koxan India Vs Asstt. Commissioner of GST & Anr. (Delhi High Court) Introduction: In a significant ruling, the Delhi High Court addressed the
GST Council may soon clarify tax exemption to RERA – The Hindu BusinessLine
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
👌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
