Category: GST
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
Overriding Effect of ITC Provisions over Time Limit of Filing Returns: Calcutta HC upholds Constitutional Validity of Section 16(4) of GST Act [Read Order]
Clipped from: https://www.taxscan.in/overriding-effect-of-itc-provisions-over-time-limit-of-filing-returns-calcutta-hc-upholds-constitutional-validity-of-section-164-of-gst-act/353766/ The Calcutta High Court, reaffirming the prevalence of time limit conditions imposed on filing of Goods and Services Tax Returns over legal right
Supreme Court upholds Calcutta HC Verdict granting GST ITC to Purchaser except in Exceptional Cases
Clipped from: https://www.taxscan.in/supreme-court-upholds-calcutta-hc-verdict-granting-gst-itc-to-purchaser-except-in-exceptional-cases-read-order/353638/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Supreme%20Court%20upholds%20Calcutta%20HC%20Verdict%20granting%20GST%20ITC%20to%20Purchaser%20except%20in%20Exceptional%20Cases A Two-Judge Bench of the Supreme Court has upheld the Calcutta High Court judgment, rejecting the department’s appeal against the Calcutta High Court
Commerce Ministry submits list of items to FinMin for removal of inverted duties – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/commerce-ministry-submits-list-of-items-to-finmin-for-removal-of-inverted-duties/article67638973.ece Clipped from: https://www.thehindubusinessline.com/economy/commerce-ministry-submits-list-of-items-to-finmin-for-removal-of-inverted-duties/article67638973.ece Budget 2024-25 likely to continue the exercise of addressing inverted duty structure as it leads to inefficiencies, says official The Commerce &
Refund of Tax paid on export is not barred by period of Limitation: Delhi HC
https://taxguru.in/goods-and-service-tax/refund-tax-paid-export-barred-period-limitationdelhi-high-court.html Clipped from: https://taxguru.in/goods-and-service-tax/refund-tax-paid-export-barred-period-limitationdelhi-high-court.html Grapes Digital Pvt. Ltd. Vs Principal Commissioner & Anr (Delhi High Court) In case of GRAPES DIGITAL PVT. LTD. (W.P.(C)No. 2918/2021) Delhi high court
GST on expat salary: CBIC asks officers not to apply SC order mechanically
https://www.business-standard.com/economy/news/gst-on-expat-salary-cbic-asks-officers-not-to-apply-sc-order-mechanically-123121400343_1.html Clipped from: https://www.business-standard.com/economy/news/gst-on-expat-salary-cbic-asks-officers-not-to-apply-sc-order-mechanically-123121400343_1.html Investigation in each case requires a careful consideration of facts, including the terms of contract: CBIC Listen to This Article The Central
GST revenues soar amid unclear laws
https://www.deccanherald.com/opinion/gst-revenues-soar-amid-unclear-laws-2805104 Clipped from: https://www.deccanherald.com/opinion/gst-revenues-soar-amid-unclear-laws-2805104 The average Goods and Services Tax (GST) collection for the April-November period this year is around Rs 1,66,000 crore per month. The
Non-Consideration of Reply Violates Natural Justice; HC Grants Opportunity of Hearing
https://taxguru.in/goods-and-service-tax/gst-non-consideration-reply-violates-natural-justice-hc-grants-opportunity-hearing.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-non-consideration-reply-violates-natural-justice-hc-grants-opportunity-hearing.html Daksh Enterprise Vs Commissioner Of State Tax (Gujarat High Court) Introduction: In a recent judgment, the Gujarat High Court addressed a critical issue
GST Rule 42 and 43: Reversal of Input Tax Credit
https://taxguru.in/goods-and-service-tax/gst-rule-42-43-reversal-input-tax-credit.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-rule-42-43-reversal-input-tax-credit.html In the realm of Goods and Services Tax (GST), businesses navigate the intricacies of Input Tax Credit (ITC) and its reversal under
GST Taxpayers Exceeding 5 crores AATO must Include 6-Digit HSN in E-invoices from Dec 15, 2023
Clipped from: https://www.taxscan.in/important-update-gst-taxpayers-exceeding-5-crores-aato-must-include-6-digit-hsn-in-e-invoices-from-dec-15-2023/349822/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Important%20Update:%20GST%20Taxpayers%20Exceeding%205%20crores%20AATO%20must%20Include%206-Digit%20HSN%20in%20E-invoices%20from%20Dec%2015,%202023 From December 15, 2023, the GST e-invoice system mandates a minimum 6-digit HSN code for taxpayers with an Annual Aggregate Turnover (AATO) exceeding
Important Update: E-way Bill System Issues Advisory on Verification of Transporter ID in E-way Bills
Clipped from: https://www.taxscan.in/important-update-e-way-bill-system-issues-advisory-on-verification-of-transporter-id-in-e-way-bills/341938/ The E-way bill system has issued an advisory on verification of transporter ID in E-way bills based on the queries received by the
Online Compliance Advisory: ITC Mismatch Resolution with GST DRC-01C
https://taxguru.in/goods-and-service-tax/online-compliance-advisory-itc-mismatch-resolution-gst-drc-01c.html Clipped from: https://taxguru.in/goods-and-service-tax/online-compliance-advisory-itc-mismatch-resolution-gst-drc-01c.html Introduction: As of November 14, 2023, the Goods and Services Tax Network (GSTN) has introduced a crucial feature to address discrepancies in Input
Understanding ITC Reversal: Rule 37(A) Compliance Guide
https://taxguru.in/goods-and-service-tax/understanding-itc-reversal-rule-37a-compliance-guide.html Clipped from: https://taxguru.in/goods-and-service-tax/understanding-itc-reversal-rule-37a-compliance-guide.html Introduction: On November 14, 2023, Team GSTN issued crucial information regarding Input Tax Credit (ITC) reversal obligations under Rule 37(A) of the CGST Rules,
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