Clipped from: https://taxguru.in/goods-and-service-tax/maharashtra-amnesty-scheme-2023-goods-services-tax-department.html HIGHLIGHTS OF THE MAHARASHTRA STATE BUDGET SPEECHDATED 9TH MARCH, 2023BY HONOURABLE DEPUTY CHIEF MINISTER (FINANCE)SHRI DEVENDRA FADNAVIS PART-II (A) Amnesty Scheme, 2023 for Goods
Category: GST
👍ITC not eligible even if preceding seller not discharged its GST liability
Clipped from: https://taxguru.in/goods-and-service-tax/itc-eligible-preceding-seller-discharged-gst-liability.html In re Vimal Alloys Pvt. Ltd. (GST AAR Punjab) Question 1. Whether the purchaser is entitled to claim Input Tax Credit on the purchases
👍Advisory on Mandatory reporting of 6 digit HSN codes
Clipped from: https://taxguru.in/goods-and-service-tax/advisory-mandatory-reporting-6-digit-hsn-codes.html Mandatory reporting of 6 digit HSN codes as per Notification No. 78/2020 – Central Tax dated 15/10/2020 Attention Taxpayers As per the Notification No.
👍👍👍Bombay HC relief for GST assessees amid non-existence of tribunal | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/bombay-hc-relief-for-gst-assessees-amid-non-existence-of-tribunal-123031000510_1.html No recovery from taxpayers once a declaration of intent filed by them to appeal against order of lower authorities is put on record
🙏🙏🙏🙏🙏Reversal of Input Tax Credit of GST
Clipped from: https://taxguru.in/goods-and-service-tax/reversal-input-tax-credit-gst.html Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services. Under the GST regime, Input Tax Credit
👍👍👍Clear starts GST e-invoicing generating services for large taxpayers | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/clear-starts-gst-e-invoicing-generating-services-for-large-taxpayers-123030600741_1.html Firm says since the infrastructure is largely digital, it is simultaneously affordable, scalable, modern, secure and pervasive Companies across the country can now
👍👍👍IRIS GST e-invoice registration portal goes live – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/iris-gst-e-invoice-registration-portal-goes-live/article66586793.ece The portal is authorised to authenticate B2B and export invoices, along with credit/ debit notes IRIS Business Services on Monday declared its GST
👍👍👍👍👍Ice-cream as a dessert in food thali to attract less GST than when sold independently – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-economy/ice-cream-as-a-dessert-in-food-thali-to-attract-less-gst-than-when-sold-independently/article66587130.ece When ordered as a dessert, a 5 per cent GST is imposed as against 18 per cent for an ice-cream bought separately Since
👍👍👍👍👍GST- Avoidance of undue harassments to taxpayers – Instructions
lipped from: https://taxguru.in/goods-and-service-tax/gst-avoidance-undue-harassments-taxpayers-instructions.html GOVERNMENT OF ANDHRA PRADESHCOMMERCIAL TAXES DEPARTMENT Office of theChief Commissioner of State TaxKunchanapalli, Guntur District. Circular No.1/2023/GST Audits CCSTs File No: REV03-22024/2/2023-L1 SEC-CCT,
Penalty order cannot be passed without serving SCN
lipped from: https://taxguru.in/custom-duty/penalty-order-passed-serving-scn.html Sun Aviation Pvt. Ltd. Vs Commissioner of Customs (Export) (Delhi High Court) The Hon’ble Delhi High Court in M/s. Sun Aviation Pvt. Ltd. v. Commissioner of
👍👍👍👍👍Tax liability on Composite & Mixed Supply under GST act 2017
Clipped from: https://taxguru.in/goods-and-service-tax/tax-liability-composite-mixed-supply-gst-act-2017.html In this article provisions regarding levy of tax on composite supply and mixed supply are discussed. Levy of GST on supply of goods
👍👍👍Revenue department cannot go beyond scope of SCN to create new ground at adjudication stage
Clipped from: https://taxguru.in/goods-and-service-tax/revenue-department-scope-scn-create-ground-adjudication-stage.html CJ Darcl Logistics Limited Vs Union of India Represented Through The Secretary (Jharkhand High Court) The Hon’ble Jharkhand High Court in M/s. CJ Darcl
👍👍👍GST Law in India
Clipped from: https://taxguru.in/goods-and-service-tax/gst-law-india.html GST is an indirect tax reform which attempts to create a common national market. GST has replaced multiple indirect taxes like excise duty,
GST on supply of ready to eat and ready to cook food products
Clipped from: https://taxguru.in/goods-and-service-tax/gst-supply-ready-eat-ready-cook-food-products.html In re SATS Food Solutions India Private Limited (GST AAR Karnataka) The applicant is engaged in the business of manufacture/production and supply of
👍👍👍RCM Liability under GST on Purchases From Unregistered Persons
Clipped from: https://taxguru.in/goods-and-service-tax/rcm-liability-gst-purchases-unregistered-persons.html Though it has been more than 5 years of completion of GST and government has left no stone unturned to celebrate the successful
RCM One Case Study- Is There Any Solution
Clipped from: https://taxguru.in/goods-and-service-tax/rcm-case-study-solution.html X & Company during the Financial Year has following sales amount for his mining business :- Table-1 TURNOVER SGST @5% CGST@5% 1,00,00,000.00 2,50,000.00
Not intentional or mala fide delay in filing of an appeal is condonable
Clipped from: https://taxguru.in/income-tax/intentional-mala-fide-delay-filing-appeal-condonable.html Punjab State Warehousing Vs ITO (ITAT Amritsar) ITAT Amritsar held that appellant being a government undertaking is required to take necessary permission for
Requirement of e-way bill cannot be escaped by undervaluing goods
Clipped from: https://taxguru.in/goods-and-service-tax/requirement-e-way-bill-escaped-undervaluing-goods.html Radha Fragrance Vs Union Of India (Allahabad High Court) The Hon’ble Allahabad High Court in M/s. Radha Fragnance v. Union of India and Others
Place of Supply Provisions under GST
Clipped from: https://taxguru.in/goods-and-service-tax/place-supply-provisions-gst.html In GST, the concept of a place of supply has been made relevant not only for the supply of services but also for