Supreme Court Grants Relief to GST Officials by Quashing Gujarat HC’s Comments

supreme court

The Supreme Court emphasized that such premature opinions could compromise both prosecution and defence if left unaddressed. The Supreme Court came to the rescue of GST officials by overturning critical remarks made by the Gujarat High Court in an interim …

Read more

Please share

GST Fraud: Delhi Businessman Arrested in Rs 15,000 Crore GST Fraud

fraud

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 …

Read more

Please share

CBIC Notification 8/2024-CT: Extension of Due Date of Following Special Procedure by Manufacturers of T0bacco & Tobacco Products

cbic

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 …

Read more

Please share

GST Audit to be Conducted Jointly by Central & State Officials from FY 2024-25

gst audit

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 …

Read more

Please share

GSTN Advisory 630: Auto-populating HSN-wise Summary Data from e-Invoices into Table 12 of GSTR-1

auto-populating

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 …

Read more

Please share

GSTN Advisory 629: Opportunity to Re-file GSTR-3B by Affected Taxpayers to Correct Discrepancies

advisory

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 …

Read more

Please share

Vijay Kelkar Urges Swift Implementation of 12% Single Rate GST System

vijay kelkar

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 …

Read more

Please share

Congress Manifesto: Promises Replacing GST by GST-2 with Stable Income Tax Rates and People Friendly Tax Regime

congress

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 …

Read more

Please share

GSTN Issued Advisory 628 pertaining to Self-Enablement for E-Invoicing under GST

gstn

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 …

Read more

Please share

Delhi High Court Rules that a False Field Visit Report Can’t be the Ground of GST Registration Cancellation

court

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 …

Read more

Please share

Delhi High Court Orders Re-adjudication for Taxpayer’s Inability to Respond to GST Show Cause Notices

high court

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 …

Read more

Please share

CBIC Issues SOP for DGGI Officials for Preventing Undue Harassment of Taxpayers

sop

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) …

Read more

Please share

CBI Booked 3 GST Officials for Rs 22 Lakh Bribe Demand from Bullion Merchant

cbi

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 …

Read more

Please share

Supreme Court Justice Urges Caution by GST Authorities in Arrests for Tax Evasion

justice

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 …

Read more

Please share