https://taxguru.in/goods-and-service-tax/refunds-gst-analysis-relevant-provisions-important-judgments.html Clipped from: https://taxguru.in/goods-and-service-tax/refunds-gst-analysis-relevant-provisions-important-judgments.html Refunds under GST: Analysis of relevant provisions & important judgments Introduction GST is a tax levied on the supply of goods and
Category: GST
👍👍👍👍👍👍👍Critical issues under GST – Care to be taken by taxpayers
https://taxguru.in/goods-and-service-tax/critical-issues-gst-care-taxpayers.html Clipped from: https://taxguru.in/goods-and-service-tax/critical-issues-gst-care-taxpayers.html Even after completion of six bumpy years of GST implementation, a lot many painful and critical issues are still giving sleepless nights
August records all-time high e-way bill generation, indicating festival demand surge and GST growth
August records all-time high e-way bill generation, indicating festival demand surge and GST growth: https://www.thehindubusinessline.com/economy/august-records-all-time-high-e-way-bill-generation-indicating-festival-demand-surge-and-gst-growth/article67298807.ece
👍👍👍👍👍👍👍New GST Portal Feature: Credit Reversal & ITC Reclaimed Statement
https://taxguru.in/goods-and-service-tax/gst-portal-feature-credit-reversal-itc-reclaimed-statement.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-portal-feature-credit-reversal-itc-reclaimed-statement.html New Feature Launched in the GST Common Portal about Credit Reversal and ITC Reclaimed Statement Another new feature in GST Common Portal
👍👍👍👍👍👍👍Electronic Credit Reversal and Re-claimed Statement on GSTN
https://taxguru.in/goods-and-service-tax/electronic-credit-reversal-re-claimed-statement-gstn.html Clipped from: https://taxguru.in/goods-and-service-tax/electronic-credit-reversal-re-claimed-statement-gstn.html The Goods and Services Tax Network (GSTN) has ushered in a new era of taxation in India, bringing efficiency and transparency to
👍👍👍👍👍👍👍e-Invoicing and e-Waybill HSN Code Requirement Changes to be effective from October 1, 2023
Clipped from: https://www.taxscan.in/gst-update-e-invoicing-and-e-waybill-hsn-code-requirement-changes-to-be-effective-from-october-1-2023/318039/ By Manu Sharma – On September 6, 2023 10:34 am – 2 mins read The Goods and Services Tax (GST) E-way bill system has recently released an
👍👍👍👍👍👍👍GST Investigation Wing Issues Advisory on Procedures to be Followed on Provisional Attachment u/s 83(2) of CGST Act
Clipped from: https://www.taxscan.in/gst-investigation-wing-issues-advisory-on-procedures-to-be-followed-on-provisional-attachment-u-s-832-of-cgst-act/318032/ The Goods and Service Tax Network (“GSTN”) has issued an Advisory issuing procedure to be followed concerning sub-section (2) of section 83 of Central Goods and
👍👍👍👍👍Supreme Court stays Karnataka HC order quashing ₹21,000-crore GST matter of GamesKraft – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/sc-stays-karnataka-hcs-order-quashing-21000-crore-gst-matter-of-gameskraft/article67276470.ece Clipped from: https://www.thehindubusinessline.com/news/sc-stays-karnataka-hcs-order-quashing-21000-crore-gst-matter-of-gameskraft/article67276470.ece Matter listed for hearing after three weeks The Supreme Court has stayed Karnataka High Court’s ruling in the matter of online gaming company GamesKraft.
👍👍👍👍👍👍👍Can GST Department pass order u/s 74 within 2 Months?
https://taxguru.in/goods-and-service-tax/gst-department-pass-order-u-s-74-2-months.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-department-pass-order-u-s-74-2-months.html In the complex legal framework of the Goods and Services Tax (GST) in India, every judicial interpretation can have far-reaching implications. One
👍👍👍👍👍👍👍Corporate Guarantee- Whether supply or not under GST
https://taxguru.in/goods-and-service-tax/corporate-guarantee-supply-gst.html Clipped from: https://taxguru.in/goods-and-service-tax/corporate-guarantee-supply-gst.html Applicability of GST on corporate guarantee wherein related parties are involved and there is no consideration, has been a matter of dispute
Consumption & compliance aided by inflation boosted GST collection in key States – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/consumption-compliance-aided-by-inflation-boosted-gst-collection-in-key-states/article67266203.ece Clipped from: https://www.thehindubusinessline.com/economy/consumption-compliance-aided-by-inflation-boosted-gst-collection-in-key-states/article67266203.ece The contemporaneous correlation between CPI and GST collections is relatively weak at 0.07, but it gains strength at 0.19 if lagged GST
Six years of GST – I: How the new tax regime changed indirect taxation
https://www.business-standard.com/opinion/columns/how-the-new-tax-regime-changed-indirect-taxation-123062900855_1.html Clipped from: https://www.business-standard.com/opinion/columns/how-the-new-tax-regime-changed-indirect-taxation-123062900855_1.html There used to be a local value-added tax (VAT) for intra-state movement of goods, and a central sale tax (CST) regime for
GST authorities to roll out biometric-based Aadhaar authentication of suspicious registration applicants – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Clipped from: https://www.thehindubusinessline.com/economy/gst-authorities-to-roll-out-biometric-based-aadhaar-authentication-of-suspicious-registration-applicants/article67075905.ece Special joint drive against fake registration may be extended beyond July 15,says Revenue Secretary GST Administration will soon begin a pilot for
Goods and Services Tax – A game changer – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/goods-and-services-tax-a-game-changer/article67024262.ece Clipped from: https://www.thehindubusinessline.com/opinion/goods-and-services-tax-a-game-changer/article67024262.ece Improved compliance and tax buoyancy on GST’s sixth anniversary points to the regime’s resounding success As we celebrate six years of the
GST@6: Well begun and more to be done – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/gst6-well-begun-and-more-to-be-done/article67035011.ece Clipped from: https://www.thehindubusinessline.com/opinion/gst6-well-begun-and-more-to-be-done/article67035011.ece Digitisation in compliance and seamless flow of input tax credit are some key areas that need tweaking With more than half a
👍👍👍👍👍👍👍Limitation Act 1963 Doesn’t Apply to GST Appeal Timeframes
https://taxguru.in/goods-and-service-tax/limitation-act-1963-apply-gst-appeal-timeframes.html Clipped from: https://taxguru.in/goods-and-service-tax/limitation-act-1963-apply-gst-appeal-timeframes.html Sanjib Kumar Pal Vs Union of India (Tripura High Court) Introduction: The Tripura High Court’s judgment in the case of “Sanjib Kumar Pal
Commissioner Holds Exclusive Power for Bank Account Attachment under CGST Act
https://taxguru.in/goods-and-service-tax/commissioner-holds-exclusive-power-bank-account-attachment-cgst-act.html Clipped from: https://taxguru.in/goods-and-service-tax/commissioner-holds-exclusive-power-bank-account-attachment-cgst-act.html Vikas Enterprises Vs Commissioner of Central Tax (GST) (Delhi High Court) Authority to issue Provisional Attachment Order under CGST Act is solely
SC issues notice in petition challenging power to arrest & summon under GST law – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/sc-issues-notice-in-petition-challenging-power-to-arrest-summon-under-gst-law/article67244884.ece Clipped from: https://www.thehindubusinessline.com/economy/sc-issues-notice-in-petition-challenging-power-to-arrest-summon-under-gst-law/article67244884.ece No coercive action against the petitioner as an interim measure The Supreme Court has issued notice to the Central Government in a
28% GST move: E-gaming companies fear tax liability may rise to 400%
https://www.business-standard.com/industry/news/amended-gst-law-will-increase-e-gaming-firms-tax-liability-by-over-400-123082200705_1.html lipped from: https://www.business-standard.com/industry/news/amended-gst-law-will-increase-e-gaming-firms-tax-liability-by-over-400-123082200705_1.html The law will come into force on October 1 this year and will be reviewed after six months, according to a decision
👍Saving clause u/s 174(2)(e) of CGST Act permits initiation of proceedings under service tax post 01.07.2017
https://taxguru.in/goods-and-service-tax/saving-clause-u-s-174-2-e-cgst-act-permits-initiation-proceedings-service-tax-post-01-07-2017.html Clipped from: https://taxguru.in/goods-and-service-tax/saving-clause-u-s-174-2-e-cgst-act-permits-initiation-proceedings-service-tax-post-01-07-2017.html Dev Versha Publication Private Limited and others Vs Union of India and others (Uttarakhand High Court) Uttarakhand High Court held that saving