Clipped from: https://taxguru.in/goods-and-service-tax/apppellate-authorities-decide-cases-merits-ex-parte-cases-patna-hc.html Silverline Vs State of Bihar (Patna High Court) In the case of Silverline vs State of Bihar, the Patna High Court examined the dismissal
Category: GST
*****CESTAT quashes Service Tax Demand for Belated SCN
Clipped from: https://www.taxscan.in/time-barred-scn-cestat-quashes-service-tax-demand/478578/ Intentional suppression cannot be assumed merely because the appellant operated under self-assessment, disagreed with audit findings, claimed CENVAT credit eligibility, or failed to
*E-way bills in December at second highest level in two years, shows data | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/e-way-bills-in-december-at-second-highest-level-in-two-years-shows-data-125010901252_1.html E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and
👍GST Provisional Attachment Ends After One Year, Assessee Allowed Bank Access: Rajasthan HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-provisional-attachment-ends-year-assessee-allowed-bank-access-rajasthan-hc.html Sunshine Exim Vs Directorate General of GST Intelligence Jaipur Zonal Unit (Rajasthan High Court) Rajasthan High Court addressed the issue of provisional attachment
👍EEPC India proposes faceless GST audit system – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/eepc-india-proposes-faceless-gst-audit-system/article69040758.ece The apex engineering exports promotion body’s proposal comes following the successful implementation of ‘faceless assessment’ by the Income Tax department The Engineering Export
👍👍👍👍👍Plans underway for bigger role for TReDS, to enrol million MSMEs in 2 years | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/plans-underway-for-bigger-role-for-treds-to-enrol-million-msmes-in-2-years-124121901540_1.html It is also expected that the Union Budget for FY26 may have more measures for MSME financing, with a bigger role for TReDS
👍👍👍GST reforms, a work in progress – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-reforms-a-work-in-progress/article69024040.ece While decisions on treatment of health insurance and compensation cess are pending, incremental reforms are in evidence The GST Council, at its latest
👍GST on sale of used and old EVs: The fineprint – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-on-sale-of-used-and-old-evs-the-fineprint/article69023548.ece The GST Council on July 21 recommended bringing sale of old and used electric vehicles (EVs) and smaller petrol and diesel cars on
👍Amid outrage, govt says caramelised popcorn to stay at 5% GST in theatres | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/amid-cries-caramelised-popcorn-likely-to-remain-at-5-gst-in-theatres-124122401119_1.html Change in sale of old EVs a simplification measure Listen to This Article Amid outrage in the social media over 18 per cent
👍GST on old used cars only when sale price higher than depreciated value | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/gst-on-old-used-cars-only-when-sale-price-higher-than-depreciated-value-124122401045_1.html In any other cases, GST is payable only on the value that represents the margin of the supplier i.e. the difference between selling
👍Frequently Asked Questions: GST rate applicable on popcorn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/frequently-asked-questions-gst-rate-applicable-on-popcorn/article69024012.ece The GST Council has recommended to issue a clarification on the rates applicable to popcorn following a recent storm that took over internet.
👍GST on popcorn: Varying rates may be difficult to implement, lead to classification disputes, say experts – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/gst-on-popcorn-varying-rates-may-be-difficult-to-implement-lead-to-classification-disputes-say-experts-458430-2024-12-24 Call for rationalised rates and review of multiple rates on various forms of a single product The GST Council has clarified that popcorn
👍👍👍Conceived as a simple tax, GST is now quite the opposite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/conceived-as-a-simple-tax-gst-is-now-quite-the-opposite/article69019489.ece A decision on exempting health insurance from GST has been too slow in coming. Nor has the transition out of compensation cess been
👍👍👍👍👍👍👍Annual Tax Cases Digest 2024: Supreme Court and High Court
Clipped from: https://www.taxscan.in/annual-digest-supreme-court-and-high-court-cases-on-taxation-part-16/468447/ This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported
Multi-Factor Authentication required for E-Way Bill and E-Invoice generation for all GST assesses from April 1, 2025 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/multi-factor-authentication-required-for-generating-e-way-bill-and-e-invoice-for-all-gst-assesses-from-april-1-2025/article68997345.ece The updated systems aim to enhance security and restrict E-Way Bill generation to documents dated within 180 days, with extensions capped at 360
👌👌👌Madras HC rules Maximum of Three Personal Hearings must be Provided Pursuant to GST DRC-01 Notice
Clipped from: https://www.taxscan.in/maximum-of-three-personal-hearings-must-be-provided-pursuant-to-gst-drc-01-notice-madras-hc/465722/ Maximum three personal hearings is not a directory, it is mandatory By Navasree A.M – On December 12, 2024 12:09 pm – 2 mins read The Madurai
GST imperatives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-imperatives/article68978220.ece GST Council should not introduce 35 per cent slab The Modi government after a prolonged consultative process, brought in historic tax reforms with
A comprehensive review: GST Council needs to address all aspects
Clipped from: https://www.business-standard.com/opinion/editorial/a-comprehensive-review-gst-council-needs-to-address-all-aspects-124120301304_1.html The idea should be to simplify the structure. This will increase compliance and reduce disputes Listen to This Article The group of state
👌👌👌👌👌👌👌Dimension to Service of Notices/ Orders Under GST
Clipped from: https://taxguru.in/goods-and-service-tax/dimension-service-notices-orders-gst.html Introduction Service of a notice or an order is an extremely critical event in tax litigation and has been a matter of dispute
Neither good, nor simple – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/neither-good-nor-simple/3683444/?ref=opinion_hp The GoM’s proposals may be well-intended, but they will make the GST regime more complex. India has the fiscal space to rid this