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 …
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 …
The Court highlighted that a civil suit needs to be filed as per Rule 11(6) of 2nd Schedule of Income Tax Act, by the party against whom the attachment order has been issued, to establish their rights over the disputed …
Exit load is a fee levied by Mutual Fund firms when investors redeem or sell their units before the lock-in period expires. In a recent development, the Directorate General of Goods and Services Tax Intelligence (DGGI) has issued show-cause notices …
This demand of Bribe was made by the Deputy Commissioner in exchange for refunding GST worth ₹20 lakh belonging to the firm “ARDEM Data Services Private Limited In a recent development, a vigilance team in Uttar Pradesh made a significant …
Discover the latest from the Orissa High Court’s stay on demands related to Input Tax Credit (ITC) under GST laws. M/s. OSL Securities Limited challenged the constitutionality of Section 16(2)(c) of the OGST/CGST Act. In a recent development, the Orissa …
Last Date to Opt Composition Scheme for FY 2024-25 is 31 March 2024 The GST Composition Scheme offers a simplified tax structure for eligible taxpayers with a turnover within specified thresholds. Existing GST taxpayers can apply to avail this scheme …
The Central Board of Indirect Taxes and Customs (CBIC) Directs DGGI Officials to Adopt Bottom-Up Approach in GST Investigations of MNCs, Avoiding Immediate Summons for CEOs/CFOs/Directors CBIC Directive to DGGI Officials: The Central Board of Indirect Tax and Customs (CBIC) …
IIT-Hyderabad has affirmed its commitment to extending all possible support to the Commercial Taxes officials throughout the investigation process IIT-Hyderabad Support in GST Scam: The Indian Institute of Technology, Hyderabad (IIT-H) has announced its commitment to assisting Telangana Commercial Taxes …
Penalty Order was Overturned by the High Court Because the Vehicle Number was Updated in Part B of the GST e-way bill, but not in the Bilty. The Allahabad High Court, in case of Abhishek Sales vs State of UP …