https://taxguru.in/goods-and-service-tax/gstn-simplifies-integration-ecommerce-operators-unregistered-suppliers.html Clipped from: https://taxguru.in/goods-and-service-tax/gstn-simplifies-integration-ecommerce-operators-unregistered-suppliers.html The Goods and Services Tax Network (GSTN) has introduced a streamlined process for e-commerce operators (ECOs) through which unregistered suppliers can provide
Category: GST
GST Exemption for Gangajal and Puja Samagri: CBIC Clarification
https://taxguru.in/goods-and-service-tax/gst-exemption-gangajal-puja-samagri-cbic-clarification.html lipped from: https://taxguru.in/goods-and-service-tax/gst-exemption-gangajal-puja-samagri-cbic-clarification.html Introduction: The Central Board of Indirect Taxes and Customs (CBIC) recently issued a clarification in response to certain media reports regarding the applicability
👍👍👍👍👍👍😉Extended Limitation Period Not Universally Applicable; Context Matters: SC
https://taxguru.in/excise-duty/extended-limitation-period-universally-applicable-context-matters-sc.html Clipped from: https://taxguru.in/excise-duty/extended-limitation-period-universally-applicable-context-matters-sc.html Commissioner of CGST And Central Excise Vs Birla Corporation Limited (Supreme Court of India) The Supreme Court of India recently addressed the issue of invoking the
👍👍👍👍👍Representation Concerning Mass GST Show Cause Notices in September 2023
https://taxguru.in/goods-and-service-tax/representation-regard-mass-show-notices-issued-month-september-2023.html Clipped from: https://taxguru.in/goods-and-service-tax/representation-regard-mass-show-notices-issued-month-september-2023.html The Goods and Services Tax (GST) was introduced in India with the promise of simplifying and harmonizing the indirect tax system, reducing
ENA used for distilling alcoholic liquor for human consumption outside GST to give cost comfort to industry – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ena-used-for-distilling-alcoholic-liquor-for-human-consumption-outside-gst-to-give-cost-comfort-to-industry/article67395856.ece Clipped from: https://www.thehindubusinessline.com/economy/ena-used-for-distilling-alcoholic-liquor-for-human-consumption-outside-gst-to-give-cost-comfort-to-industry/article67395856.ece GST Council recommended keeping ENA used for the manufacture of alcoholic liquor for human consumption outside GST Alcoholic beverage companies may get
Remittances received in Vostro account to qualify as export of services, ending disputes on GST refunds – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/remittances-received-in-vostro-account-to-qualify-as-export-of-services-ending-disputes-on-gst-refunds/article67395600.ece Clipped from: https://www.thehindubusinessline.com/economy/remittances-received-in-vostro-account-to-qualify-as-export-of-services-ending-disputes-on-gst-refunds/article67395600.ece When an Indian importer wants to make a payment to a foreign trader in rupees, the amount will be credited to this
Remittances received in Vostro account to qualify as export of services, ending disputes on GST refunds – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/remittances-received-in-vostro-account-to-qualify-as-export-of-services-ending-disputes-on-gst-refunds/article67395600.ece Clipped from: https://www.thehindubusinessline.com/economy/remittances-received-in-vostro-account-to-qualify-as-export-of-services-ending-disputes-on-gst-refunds/article67395600.ece When an Indian importer wants to make a payment to a foreign trader in rupees, the amount will be credited to this
GST impact– Personal guarantee offered by directors –Courtesy Business Standard
https://www.business-standard.com/economy/news/personal-guarantee-to-attract-18-gst-in-exceptional-considerations-123100800732_1.html Clipped from: https://www.business-standard.com/economy/news/personal-guarantee-to-attract-18-gst-in-exceptional-considerations-123100800732_1.html Centre to issue circular soon outlining scenarios, which could trigger tax liability Listen to This Article The personal guarantee offered by directors
ENA used for distilling alcoholic liquor for human consumption outside GST to give cost comfort to industry – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/ena-used-for-distilling-alcoholic-liquor-for-human-consumption-outside-gst-to-give-cost-comfort-to-industry/article67395856.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61#cxrecs_s GST Council recommended keeping ENA used for the manufacture of alcoholic liquor for human consumption outside GST Alcoholic beverage companies may get some
GST Council: 18% tax on parent company’s guarantee to subsidiary, waives tax for director’s personal guarantees – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/corporate-loan-guarantee-by-parent-co-to-attract-18-gst-corporate/article67392836.ece Clipped from: https://www.thehindubusinessline.com/economy/corporate-loan-guarantee-by-parent-co-to-attract-18-gst-corporate/article67392836.ece The council also introduced an amnesty scheme for late appeals and revised rules for GST Appellate Tribunal appointments. However, the 28% GST
Big GST relief for millets, molasses | The Financial Express
https://www.financialexpress.com/policy/economy-big-gst-relief-for-millets-molasses-3266015/ Clipped from: https://www.financialexpress.com/policy/economy-big-gst-relief-for-millets-molasses-3266015/ Advocates can be GSTAT members. X The Goods and Service Tax (GST) Council on Saturday decided to give big tax relief to
👍👍👍👍👍👍👍Effective GST Changes w.e.f October 01, 2023
https://taxguru.in/goods-and-service-tax/effective-gst-w-e-f-october-01-2023.html Clipped from: https://taxguru.in/goods-and-service-tax/effective-gst-w-e-f-october-01-2023.html The Goods and Services Tax (GST) system in India is dynamic and subject to regular revisions and updates to address evolving business
E-comm unicorn Meesho makes platform non-GST inclusive – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/e-comm-unicorn-meesho-makes-platform-non-gst-inclusive/article67375106.ece Clipped from: https://www.thehindubusinessline.com/companies/e-comm-unicorn-meesho-makes-platform-non-gst-inclusive/article67375106.ece According to Meesho, based on industry insights, it has been observed that 1.2 million sellers drop out every year during the registration
GST Appellate Tribunals must kick off smoothly – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/gst-appellate-tribunals-must-kick-off-smoothly/article67331531.ece Clipped from: https://www.thehindubusinessline.com/opinion/gst-appellate-tribunals-must-kick-off-smoothly/article67331531.ece Madras Tax Bar Association has rightly raised the issue of selection of its members, questioning recent legal changes Ever since GST assessments
👍👍👍👍👍👍👍Webinar on Practical aspect of Annual Return (GSTR-9) under GST
https://taxguru.in/goods-and-service-tax/webinar-practical-aspect-annual-return-gstr-9-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/webinar-practical-aspect-annual-return-gstr-9-gst.html Practical aspect of Annual Return (GSTR-9) under GST, highlighting its significance, challenges, and vital provisions Join us for an insightful YouTube live
👍👍👍👍👍👍👍Understanding Time of Supply for GST Calculation
https://taxguru.in/goods-and-service-tax/time-supply-gst-calculation.html Clipped from: https://taxguru.in/goods-and-service-tax/time-supply-gst-calculation.html In the realm of taxation, understanding the time of supply (TOS) is fundamental. It plays a pivotal role in determining when the
GST council to clarify on corporate guarantees, some exemptions likely
https://www.business-standard.com/economy/news/18-gst-on-corporate-guarantee-given-in-favour-of-related-parties-123100401220_1.html Clipped from: https://www.business-standard.com/economy/news/18-gst-on-corporate-guarantee-given-in-favour-of-related-parties-123100401220_1.html Likely to recommend 18% GST on 1% of amount guaranteed Representative Image Listen to This Article Corporate guarantees given in favour of
👍👍👍👍👍👍👍GST Input Tax Credit Claim: Problems Due to Wrong Interpretation of Law
https://taxguru.in/goods-and-service-tax/gst-input-tax-credit-claim-problems-due-wrong-interpretation-law.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-input-tax-credit-claim-problems-due-wrong-interpretation-law.html In recent years, the Goods and Services Tax (GST) system in India has been a topic of discussion and debate, particularly regarding
👍👍👍👍👍👍👍E-Invoice Portal releases New FAQs on e-Invoicing and e-Way Bills
Read More: https://www.taxscan.in/e-invoice-portal-releases-new-faqs-on-e-invoicing-and-e-way-bills/326504/ Clipped from: https://www.taxscan.in/e-invoice-portal-releases-new-faqs-on-e-invoicing-and-e-way-bills/326504/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=E-Invoice%20Portal%20releases%20New%20FAQs%20on%20e-Invoicing%20and%20e-Way%20Bills By Manu Sharma – On September 30, 2023 4:07 pm – 4 mins read The e-Invoicing Portal has been updated with a new set of
👍👍👍👍👍GSTN enables Form DRC-01C for Dealing Discrepancies Between GSTR 2B and GSTR 3B
Clipped from: https://www.taxscan.in/gstn-enables-form-drc-01c-for-dealing-discrepancies-between-gstr-2b-and-gstr-3b/327017/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=GSTN%20enables%20Form%20DRC-01C%20for%20Dealing%20Discrepancies%20Between%20GSTR%202B%20and%20GSTR%203B The Goods and Services Tax Network (GSTN) has enabled the Form DRC-01C for dealing mismatches between GSTR 2B and GSTR 3B. The Form