Cancellation of GST Registration Can Solely Occur U/S. 29 r.w Rule 21 In a recent ruling, the Allahabad High Court reaffirmed the legal framework for cancellation of GST registration. The court emphasized that the cancellation of GST registration should be …
WB AAR Clarifies GST Exemption on Question Paper Printing In a significant ruling, the West Bengal Authority for Advance Ruling (AAR) has clarified that Goods and Services Tax (GST) does not apply to services involving the printing of question papers …
DGGI’s Efforts to Combat GST Evasion In its mission to combat GST evasion across India, the Directorate General of GST Intelligence (DGGI) has achieved remarkable milestones from April 2020 to September 2023. DGGI’s vigilant approach has uncovered more than 6,000 …
GSTN Advisory Dt. 17 October 2023 In light of recent amendments to the CGST/SGST Act, the IGST Act, and the CGST/SGST Rules, individuals or entities situated outside the taxable territory, providing online money gaming services to individuals within the taxable …
In a recent ruling dated September 12, 2023, the Kerala High Court ordered that the denial of ITC to a buyer solely based on missing entries in GSTR-2A of seller is not justifiable. The court emphasized that the GSTR-2A form …
In a significant development, the Kerala High Court has overturned the disallowance of tax credit for small-scale dealers, attributed to the challenges faced during the initial implementation of the GST regime. The decision, handed down by Justice Dinesh Kumar Singh, …
No Service Tax on Water and Electricity Supply to Tenants: In a recent ruling by the Hyderabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), it was ruled against applicability of service tax on water and electricity supply …
CBIC Clarification on Taxability of Gangajal In response to controversies based on some recent media report on taxability of Gangajal, the official handle of the Central Board of Indirect Taxes (CBIC) in its tweet in social media “X” (previously tweeter) …
In an update on the GST portal on 12th October 2023, GSTN has informed about development of a new functionality in the GST portal for enrolment of unregistered persons for supply of goods through E-Commerce operators. In terms of the …
In an update in the GST portal on 12th October 2023, GSTN has informed about the development of a facility for E-Commerce Operators through whom unregistered persons can supply goods. Under this facility in the GST portal, the GSTN has …
GSTR 2A and GSTR 3B Discrepancy Not Grounds for ITC Denial In a significant ruling, the Hon’ble High Court of Kerala, in the case of M/s. Henna Medicals vs. State Tax Office, Thalassery & Ors., held on 19th September 2023 …
Introduction-Highlights of 52nd GST Council Meeting The 52nd GST Council Meeting, held in New Delhi, concluded with several significant decisions aimed at boosting specific sectors and streamlining tax provisions. Finance Minister Ms. Nirmala Sitharaman announced the outcomes, showcasing a focus …
Special Campaign 3.0: The Central Board of Direct Taxes (CBDT) has initiated Special Campaign 3.0 dedicated to promoting cleanliness (Swachhata) within various branches of Income Tax Department throughout nation. The campaign kickstarted with a preparatory phase commencing on September 15, …
Introduction: 52nd GST Council Meeting The 52nd GST Council meeting is scheduled to take place on October 7, 2023, in New Delhi, with Union Finance Minister, Mrs. Nirmala Sitharaman, serving as the chairperson. This meeting comes about two months after …
In an Advisory on 3rd October 2023, GSTN has informed that the e-Invoice JSON download functionality is now live on the GST e-Invoice Portal. For the benefit of taxpayers, in its advisory, GSTN has mentioned the key steps to download …
Bajaj Allianz General Insurance Co. on Tuesday received a GST demand notice of Rs.1,010 crore for alleged non-payment of GST on the co-insurance and re-insurance premiums. The Show Cause-Cum-Demand Notice on Bajaj Allianz was sent by the Directorate General of …
E-commerce marketplace Meesho on Tuesday announced that it is set to welcome non-GST registered sellers to its platform. This will benefit a vast network of small e-commerce businesses across the country. The decision follows the government’s recent elimination of mandatory …
The gross GST collection in the month of September, 2023 is Rs.1,62,712 crore, out of which CGST is Rs.29,818 crore, SGST is Rs.37,657 crore, IGST is Rs.83,623 crore (including Rs.41,145 crore collected on import of goods) and cess is Rs.11,613 crore (including Rs.881 crore collected on import …
The All India Gaming Federation (AIGF) has appealed to the finance ministry to postpone the implementation of a 28% GST on online gaming, starting from October 1, 2023. This comes after the ministry announced the enforcement of amended GST law …
The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No.51/2023 Dated 29 September 2023, notified the Central Goods and Service Tax (Third Amendment) Rules 2023 by bringing amendments in many of the rules under the Central Goods …