Clipped from: https://www.financialexpress.com/economy/flavoured-milk-taxable-at-12-under-gst-aar-rules-in-amul-dairy-case/2235440/ Earlier the Karnataka AAR, in an application of Karnataka Cooperative Milk Producers Federation, had ruled that flavoured milk is taxable at 5 per
Category: GST
GST evasion by winning bidders: Rly purchases since July ’17 face enquiry | Business Standard News
Clipped from: https://www.business-standard.com/article/indian-railways/gst-evasion-by-winning-bidders-rly-purchases-since-july-17-face-enquiry-121041900026_1.html DGGI decision relates to misclassification of supplies This follows requests by two government departments, the CBIC and the DPIIT, to the Railways for
De-linking of Debit Notes for ITC – A Judicial perspective–tax guru
Clipped from: https://taxguru.in/goods-and-service-tax/itc-debit-note-issued-supplier.html Amended Section 16(4) to de-link ITC on Debit Note with Invoice fails to get stamping of Gujarat AAR in case of M/s I-Tech Plast
GST e-Invoicing and time of supply provisions: Should they be in sync? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-e-invoicing-and-time-of-supply-provisions-should-they-be-in-sync/articleshow/82113093.cmsSynopsis The concept of e-invoicing at this scale is new in the Indian indirect tax environment and its impact on regular commercial practices has
Data drive: The FY21 tax suprise – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/data-drive-the-fy21-tax-suprise/2234816/ The Centre’s indirect tax collection grew 12%, to Rs 10.71 lakh crore, in FY21 on the back of higher collection from central excise
GST: Failure to Produce Necessary Documents will lead to Cancellation of Registration for Supply of Goods, says Madhya Pradesh High Court
Clipped from: https://www.taxscan.in/gst-failure-to-produce-necessary-documents-will-lead-to-cancellation-of-registration-for-supply-of-goods-says-madhya-pradesh-high-court/110321/ By Taxscan Team – On April 14, 2021 7:39 pm The Madhya Pradesh High Court held that the failure to produce necessary documents will lead to
System generated returns under GST to accelerate digitization; more GST reforms may boost taxpayer confidence – The Financial Express
Clipped from: https://www.financialexpress.com/economy/system-generated-returns-under-gst-to-accelerate-digitization-more-gst-reforms-may-boost-taxpayer-confidence/2230504/ Majorly, at present two returns are required to be filed by every registered taxpayer. GSTR-1 and GSTR-3B. GSTR-1 is a sales return that
No backdate entries, recovery cases, more return filing, others help tax officers to up GST collection – The Financial Express
Clipped from: https://www.financialexpress.com/economy/revenue-mobilisation-no-backdate-entries-recovery-cases-more-return-filing-others-help-tax-officers-to-up-gst-collection/2230684/ Every taxpayer in India spends a good deal of time and money in undertaking tax compliance and procedures, still the fear of departmental
Contradictory AAR verdicts on CSR under GST regime baffle companies | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/contradictory-aar-verdicts-on-csr-under-gst-regime-baffle-companies-121040601388_1.html Recently, the Uttar Pradesh AAR had held that CSR spend by companies is eligible for input tax credit This is contradictory to the
GST dilemma: Contradictory AAR rulings leave industry perplexed | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst%E2%80%88dilemma-contradictory-aar-rulings-leave-industry-perplexed-121040201286_1.html States like Punjab and Delhi have reported delays in disposing of AAR applications. An auto company with a presence in 20 states of
Widening the net: How e-invoicing is boosting GST compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/widening-the-net-how-e-invoicing-is-boosting-gst-compliance/articleshow/82000603.cmsSynopsis Having an e-invoice which is validated by the GSTN ensures that the GSTN system captures at the incipient invoice generation stage, all supply
Registration requirements under GST–TAX GURU
Registration requirements under GST https://taxguru.in/goods-and-service-tax/registration-requirements-gst.html GST registration is mandatory for casual taxable p…. Read More GST registration is mandatory for casual taxable persons or persons making supplies
SUPREME COURT JUDGEMENTS-GST–SKILL LOTTO
Skill Lotto Solutions Ltd vs UoI.pdf
CGST RULES–SOURCE CBEC
Rule 92(3) of the Central Goods and Services Tax Rules, 2017 (CGST Rules).
Supreme Court says GST no longer citizen-friendly; calls provisional attachment ‘draconian’ – cnbctv18.com
Clipped from: https://www.cnbctv18.com/economy/supreme-court-says-gst-no-longer-citizen-friendly-calls-provisional-attachment-draconian-8845231.htmUpdated : April 07, 2021 09:44 PM ISTThe Supreme Court slammed GST enforcement by tax authorities on Tuesday saying GST is no longer the
GST case–Radhakishan v state of himachal pradesh–tax guru
Do not harass lawyers exempt from GST by sending notices–tax guru
lipped from: https://taxguru.in/goods-and-service-tax/harass-lawyers-exempt-gst-sending-notices.html Devi Prasad Tripathy Vs. Principal Commissioner CGST and Central Excise (Orissa High Court) High Court expresses its concern that practising advocates should not
GST: Firms challenge constitutional validity of arrest rules in top court | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-firms-challenge-constitutional-validity-of-arrest-rules-in-top-court-121040801501_1.html Counsel for companies raises concerns about whether or not well accepted, judicially tested, fair and proper procedures are being followed during such arrests
SC strikes down provision in tax law limiting extension of stay orders – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pepsico-case-sc-strikes-down-provision-in-tax-law-limiting-extension-of-stay-orders/2229723/ “Further, vacation of stay in favour of the revenue would ensue even if the revenue is itself responsible for the delay in hearing
SC right to caution taxman on attaching assets in GST – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sc-right-to-caution-taxman-on-attaching-assets-in-gst/2229609/ Attaching assets is a favourite tool of the taxman and, as SC points out, this is draconian and needs to be changed The
