Earlier in the investigation, two businessmen from Haryana, Ajay Sharma (28) and Sanjay Jindal (38) from Sonipat, were arrested for their roles in this fraud case. A Delhi-based businessman, Tushar Gupta, aged 39, has been apprehended by the Noida police …
CBIC Notifies that the effective date for following the special procedure by registered persons engaged in manufacturing of Pan-masala, Tobacco and Tobacco products has been extended to 15 May 2023. In a recent development, the Central Board of Indirect Taxes …
The Central Board of Indirect Taxes and Customs (CBIC) has instructed each zone to establish a framework for joint GST audits in their Respective Jurisdictions. Starting this financial year, businesses under the indirect tax regime will undergo joint audits by …
Advisory 630 dated 9 April 2024: Auto-Populating HSN-wise Data from e-Invoices Auto-Populating HSN-wise Data: In a recent development, the Goods and Services Tax Network (GSTN), vide its advisory no.630 dated 9 April 2024, informed about introduction of a new functionality …
GSTN Advisory No. 629 Dated 9 April 2024 pertaining to Opportunity to some Affected taxpayers to Re-file their GSTR-3B and rectify differences between saved data in GST system and the data actually filed. In a recent development, the Goods and …
Vijay Kelkar advocated for eliminating the longstanding practice of differential tax rates for essential and non-essential goods and services. Vijay Kelkar, former Chairman of the 13th Finance Commission, has called for the immediate introduction of a uniform Goods and Services …
Unlocking the GST Provisions and Benefits on Exporting Goods from India India stands tall as a global leader in both exporting goods and services. For businesses, regardless of size, exporting presents a myriad of advantages. One of the most appealing …
The petition filed by Bar Council of Kerala highlighted that CBIC had issued two show cause notices. The Bar Council of Kerala (BCK) has taken its case against Goods and Service Tax (GST) notices to the Kerala High Court, challenging …
The proposed GST 2.0, according to the congress manifesto, will see a redesign of the GST Council, positioning it as the ultimate authority on all policy matters related to GST. The Congress party recently unveiled its manifesto ahead of the …
In a recent development, the Bombay High Court has ruled in favour of four employees of Maersk Line, the Indian arm of a Denmark-based shipping giant. The high court struck down a notice issued by the GST Intelligence that sought …
GSTN Advisory No. 628 dated 3 April 2024 In a recent development, the Goods and Services Tax Network (GSTN) has introduced Advisory No. 628 dated 3 April 2024, outlining the self-enablement process for e-invoicing. This initiative aims to streamline invoicing …
The Delhi High Court acts as a protection against arbitrary cancellations of GST registration based on inaccurate field visit reports. In a recent case of Gulab Nagar v. Assistant Commissioner [W.P No. 3383 of 2024 on March 06, 2024], the …
GST Collection During Financial Year 2023-24 In a recent press release by the Ministry of Finance dated April 1, 2024, it was revealed that Gross Goods and Services Tax (GST) revenue for March 2024 reached a remarkable ₹1.78 lakh crore. …
The vulnerabilities in the system prompted the High Court to intervene and rectify the injustice caused by technical glitches in this case. Mr. Rohit Gupta, representing Polytec Industries, contested in the High Court, against an order from the Delhi Goods …
The six-page SOP provides clear instructions to DGGI officials on their conduct during various stages of tax investigations, including summons and searches. The Central Board of Indirect Tax and Customs (CBIC) has rolled out a new standard operating procedure (SOP) …
Delhi High Court ruling for Pedersen Consultants India Pvt Ltd The Delhi High Court has directed the timely application for GST refunds, following section 54 of the CGST Act, 2017. This ruling comes after the exclusion of the period between …
Rule 21A(4) dictates that if the proper officer fails to decide on the SCN within 30 days, the suspension is deemed to be revoked. In a recent ruling by the Punjab and Haryana High Court, in case of Shri Balaji …
The complainant, in a handwritten note submitted to the CBI, detailed how the officials asked for a bribe to resolve the issue. In a recent development, the Central Bureau of Investigation (CBI) has taken action against three GST officials for …
The Justice suggested that, arrested individuals should generally be granted bail, reflecting the legislative intent. SC Justice Urges Caution by GST Authorities: Encouraging GST authorities to exercise careful consideration and thorough examination before proceeding with the arrest of businessmen for …
The High Court emphasized that these hostels fall under the category of “exclusively residential purpose,” as per a 2017 notification of the central government. In a recent ruling by the Madras High Court, hostels renting rooms exclusively to girl students …