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
Category: GST
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/ 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
