https://www.financialexpress.com/business/industry-asian-paints-gets-gst-demand-notice-of-rs-13-83-crore-3352567/ Clipped from: https://www.financialexpress.com/business/industry-asian-paints-gets-gst-demand-notice-of-rs-13-83-crore-3352567/ The demand is for the financial year 2017-18 over mismatch on input tax credit (ITC), the leading paints maker said in a
Category: GST
LIC gets GST notice of Rs 806 crore; insurer says will file an appeal
https://www.business-standard.com/companies/news/lic-gets-gst-notice-of-rs-806-crore-insurer-says-will-file-an-appeal-124010100614_1.html Clipped from: https://www.business-standard.com/companies/news/lic-gets-gst-notice-of-rs-806-crore-insurer-says-will-file-an-appeal-124010100614_1.html The total includes GST worth Rs 365.02 crore, penalty of Rs 404.7 crore and interest of Rs 36.5 crore Illustration: Ajay Mohanty
Govt extends deadlines for GST officers to issue demand notices for FY’19, FY’20 – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/govt-extends-deadlines-for-gst-officers-to-issue-demand-notices-for-fy19-fy20/article67685880.ece Clipped from: https://www.thehindubusinessline.com/economy/govt-extends-deadlines-for-gst-officers-to-issue-demand-notices-for-fy19-fy20/article67685880.ece The government extended the deadline in this regard for 2018-19 fiscal to April 30, 2024 and for 2019-20 fiscal to August 31,
Provisional attachment of bank account u/s. 83 of CGST Act based on tangible material valid
Read more at: https://taxguru.in/goods-and-service-tax/provisional-attachment-bank-account-u-s-83-cgst-act-based-tangible-material-valid.html#google_vignetteCopyright © Taxguru.in https://taxguru.in/goods-and-service-tax/provisional-attachment-bank-account-u-s-83-cgst-act-based-tangible-material-valid.html Clipped from: https://taxguru.in/goods-and-service-tax/provisional-attachment-bank-account-u-s-83-cgst-act-based-tangible-material-valid.html Arramva Corporation & Ors. Vs Additional Director General & Ors. (Calcutta High Court) Calcutta High Court held
Post-Finance Act, 2022: A Handbook for Availment of Input Tax Credit
https://taxguru.in/goods-and-service-tax/post-finance-act-2022-landscape-handbook-availment-input-tax-credit.html Clipped from: https://taxguru.in/goods-and-service-tax/post-finance-act-2022-landscape-handbook-availment-input-tax-credit.html I. Introduction An Indian registered taxpayer must fulfil various criteria as stipulated in Section 16(2) of the Central Goods and Services Tax Act,
GST Case Law Compendium – December 2023 Edition
Read more at: https://taxguru.in/chartered-accountant/gst-case-law-compendium-december-2023-edition.html#google_vignetteCopyright © Taxguru.in https://taxguru.in/chartered-accountant/gst-case-law-compendium-december-2023-edition.html Clipped from: https://taxguru.in/chartered-accountant/gst-case-law-compendium-december-2023-edition.html The legal landscape of Goods and Services Tax (GST) in December 2023 unfolds through a compendium of
Industry demand amnesty scheme for customs settlement – Industry News | The Financial Express
https://www.financialexpress.com/business/industry-industry-demand-amnesty-scheme-for-customs-settlement-3347206/ Clipped from: https://www.financialexpress.com/business/industry-industry-demand-amnesty-scheme-for-customs-settlement-3347206/ The government had introduced ‘Sabka Vishwas’ and ‘Vivaad se Vishwas’ schemes in 2019 and 2020. The government had introduced ‘Sabka Vishwas’ and
GST on expat salaries mired in ambiguity – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/gst-on-expat-salaries-mired-in-ambiguity/article67674646.ece lipped from: https://www.thehindubusinessline.com/opinion/gst-on-expat-salaries-mired-in-ambiguity/article67674646.ece While the courts have not taken a clear view, CBIC has urged officials to exercise restraint Ever so often, indirect tax laws
Show Cause Notices (SCN) under GST: Procedures, Judgments & Implications
https://taxguru.in/goods-and-service-tax/show-cause-notices-gst-procedures-judgments-implications.html Clipped from: https://taxguru.in/goods-and-service-tax/show-cause-notices-gst-procedures-judgments-implications.html Navigating the intricacies of Show Cause Notices (SCN) under the Goods and Services Tax (GST) regime is crucial for businesses. This presentation
Opportunity of personal hearing u/s 75(4) of GST Act mandatory even if not opted by assessee
https://taxguru.in/goods-and-service-tax/opportunity-of-personal-hearing-u-s-75-4-of-gst-act-was-mandatory-even-if-otherwise-not-opted-by-assessee.html Clipped from: https://taxguru.in/goods-and-service-tax/opportunity-of-personal-hearing-u-s-75-4-of-gst-act-was-mandatory-even-if-otherwise-not-opted-by-assessee.html Gabriel India Limited Vs State Tax Officer (Madras High Court) Conclusion: Since it was mandatory on the part of the respondents to provide
Opportunity of personal hearing u/s 75(4) of GST Act mandatory even if not opted by assessee
https://taxguru.in/goods-and-service-tax/opportunity-of-personal-hearing-u-s-75-4-of-gst-act-was-mandatory-even-if-otherwise-not-opted-by-assessee.html#google_vignette Clipped from: https://taxguru.in/goods-and-service-tax/opportunity-of-personal-hearing-u-s-75-4-of-gst-act-was-mandatory-even-if-otherwise-not-opted-by-assessee.html#google_vignette Gabriel India Limited Vs State Tax Officer (Madras High Court) Conclusion: Since it was mandatory on the part of the respondents to provide
GST Annual Returns (GSTR-9) and Reconciliation Statement (GSTR-9C): A Complete Checklist
https://www.taxscan.in/gst-annual-returns-gstr-9-and-reconciliation-statement-gstr-9c-a-complete-checklist/353942/ Clipped from: https://www.taxscan.in/gst-annual-returns-gstr-9-and-reconciliation-statement-gstr-9c-a-complete-checklist/353942/ This article provides an extensive checklist tailored for business firms, specifically focusing on outward supplies concerning the annual return filing (GSTR-9) and
Inspection under GST Act as Per Order of Special Judge without Conducting any Prior Investigation: Delhi HC Quashes Proceedings
https://www.taxscan.in/inspection-under-gst-act-as-per-order-of-special-judge-without-conducting-any-prior-investigation-delhi-hc-quashes-proceedings-read-order/354080/ Clipped from: https://www.taxscan.in/inspection-under-gst-act-as-per-order-of-special-judge-without-conducting-any-prior-investigation-delhi-hc-quashes-proceedings-read-order/354080/ The Delhi High Court quashed the proceedings against the petitioner assessee, as the inspection under the Goods and Service Tax Act, 2017
Personal Hearing Mandatory u/s 75(4) of GST Act, even if otherwise opted for: Madras HC
Clipped from: https://www.taxscan.in/personal-hearing-mandatory-u-s-754-of-gst-act-even-if-otherwise-opted-for-madras-hc-read-order/354319/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Personal%20Hearing%20Mandatory%20u/s%2075(4)%20of%20GST%20Act,%20even%20if%20otherwise%20opted%20for:%20Madras%20HC The Madras High Court observed that personal hearing is mandatory under Section 75 (4) of the Goods and Services Tax (GST) Act, even
GST: E-commerce MSMEs, experts suggest measures for simplified tax regime; see recommendations – SME News | The Financial Express
https://www.financialexpress.com/business/sme/gst-e-commerce-msmes-experts-suggest-measures-for-simplified-tax-regime-see-recommendations/3339709/ Clipped from: https://www.financialexpress.com/business/sme/gst-e-commerce-msmes-experts-suggest-measures-for-simplified-tax-regime-see-recommendations/3339709/ MSMEs underscored the challenge in updating GST certificates for additional premises as there is a two-four-week long waiting period for Additional Place
Bombay HC allows Rectification of Bonafide Mistake in GST Form GSTR-1 beyond Stipulated Time Limit
Clipped from: https://www.taxscan.in/bombay-hc-allows-rectification-of-bonafide-mistake-in-gst-form-gstr-1-beyond-stipulated-time-limit/353694/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bombay%20HC%20allows%20Rectification%20of%20Bonafide%20Mistake%20in%20GST%20Form%20GSTR-1%20beyond%20Stipulated%20Time%20Limit The Bombay High Court has allowed a Goods and Services Tax (GST) taxpayer to rectify bonafide mistake in GST Form GSTR-1 beyond the
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