https://www.thehindubusinessline.com/business-laws/when-is-a-corporate-guarantee-taxable/article66927544.ece Clipped from: https://www.thehindubusinessline.com/business-laws/when-is-a-corporate-guarantee-taxable/article66927544.ece GST law may deem a corporate guarantee for a related party as supply of service, but this remains a grey zone The
Category: GST
Gstn | Msme : How GSTN on Account Aggregator can help MSME Lenders ?
https://economictimes.indiatimes.com/small-biz/gst/how-gstn-on-account-aggregator-can-help-msme-lenders/articleshow/103774308.cms Clipped from: https://economictimes.indiatimes.com/small-biz/gst/how-gstn-on-account-aggregator-can-help-msme-lenders/articleshow/103774308.cms Synopsis GSTN on this framework will help lenders build better holistic credit profiles by complementing bank statement data and credit scores. The Account
👍👍👍👍👍👍👍30-Day E-Invoice Deadline for GST: New Rule from November 1
https://taxguru.in/goods-and-service-tax/30-day-e-invoice-deadline-gst-new-rule-november-1.html Clipped from: https://taxguru.in/goods-and-service-tax/30-day-e-invoice-deadline-gst-new-rule-november-1.html Introduction: Starting from November 1, significant changes are set to take effect in the Goods and Services Tax (GST) regime in India.
Time limit under GST to claim input tax credit constitutionally valid: HC
https://www.business-standard.com/finance/news/time-limit-under-gst-to-claim-input-tax-credit-constitutionally-valid-hc-123091800332_1.html Clipped from: https://www.business-standard.com/finance/news/time-limit-under-gst-to-claim-input-tax-credit-constitutionally-valid-hc-123091800332_1.html Under GST law, the deadline for claiming ITC is November 30 Illustration: Ajay Mohanty Listen to This Article The Patna High Court
Centre notifies setting up of 31 state benches of GST Appellate Tribunal
Centre notifies setting up of 31 state benches of GST Appellate Tribunal https://economictimes.indiatimes.com/news/economy/policy/centre-notifies-setting-up-of-31-state-benches-of-gst-appellate-tribunal/articleshow/103672031.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
👍👍👍👍👍👍👍Managing GST Compliance for Small Companies: Tips and Checklist
https://taxguru.in/goods-and-service-tax/manage-gst-compliance-small-companies-tips-checklist.html Clipped from: https://taxguru.in/goods-and-service-tax/manage-gst-compliance-small-companies-tips-checklist.html Introduction The foundation of the Indian economy, small and medium-sized enterprises play an essential part in export, GDP, job creation, and inclusive
👍👍👍👍👍👍👍Refunds under GST: Analysis of relevant provisions & important judgments
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
👍👍👍👍👍👍👍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/ Top Stories 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
👍👍👍👍👍👍👍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/ Top Stories 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
👍👍👍👍👍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