5% GST payable on Dried and Polished Turmeric: AAR [Read Order]
The Maharashtra Authority of Advance Ruling (AAR) held that 5% GST payable on Dried and Polished Turmeric. The Applicant, Nitin Bapusheb Patil has been a registered person under GST Act, 2017, as a 'Commission Agent'
GST: CBEC issues Concept Note on Advance Rule
The Central Board of Excise and Customs (CBEC) released a concept note on ‘Advance Rule’ under the new Goods and Services Tax (GST) regime. An advance ruling helps the applicant in planning his activities which
GST Demand Penalty cannot be based on Presumption: Allahabad HC [Read Order]
In a recent ruling, the Allahabad High Court, while quashing an order demanding GST and penalty, has held that the tax demand and penalty cannot be solely based on presumptions under the Central GST Act,
GST: Kerala again postpones Flood Cess [Read Notification]
The Kerala Government has again postponed the implementation of Flood Cess on the goods and services supplied within the State to final customers to 1st August from July 1st 2019. As per the recommendation of
GST Portal: GSTN releases GSTR-1 enhancements & improvements
The Goods and Services Tax Network ( GSTN ) has released the GSTR-1 enhancements & improvements on the GST Portal. The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal
There is Scope for further Rationalisation of GST rates, says Finance Minister
While ruling out the concept of single GST rates, the Finance Minister, on Monday said that those seeking a single rate for GST have no understanding of tariff structure. He also added that there is
No GST Leviable on Hostels as it Comes under Purview of ‘Residential Dwelling For Use as Residence’ : Madras HC [Read Order]
The Madras High Court has ruled that Goods and Services Tax ( GST ) shall not be levied on hostels as it comes under the purview of 'Residential Dwelling For Use as Residence' under Entry
Madras HC says GST is in Nascent Stage, Taxpayers are Still Learning the Ropes, allows TRAN-1 Filing [Read Order]
The Madras High Court took into account the difficulties faced by taxpayers due to inconsistent performance of the GST portal and allowed delayed upload of the Tran-1 declaration. The court shared this view while addressing
GST: Haryana to block Non- Genuine Input Tax Credit Claims
The Goods and Services Tax department, Haryana has asked the GST officials to block the input tax credit on certain conditions. A circular has been issued in this regard by the department said that input
GSTR-1 Due Date extended
The Central Government has extended the due date for filing GSTR-1, the quarterly return for registered persons with aggregate turnover up to Rs. 1.50 Crores for the period of October to December 2018 to 31st
No further Extension to GSTR-1: Govt Confirmed
The last date for filing of return in FORM GSTR-1 is today. There has been no further extension of date for filing return in FORM GSTR-1, the Government confirmed today. Earlier, a fake notification was
UP Clarifies Issues relating to GST Refund and Invoice [Read Circular]
The Uttar Pradesh GST Department has issued a circular on Wednesday clarifying various issues with respect to the availment of Input Tax Credit, e-invoice, and refund under GST provisions. This is in the light of
GST Fraud worth Rs. 450 Crore using Fake Invoices Unearthed
The GST -Intelligence Unit has unearthed a racket which used fake bills to claim input tax credit worth Rs 450 crore, the Financial Express reported today. This is considered as the biggest GST scam so
GST: E-Way Bill generation facility to be blocked for Taxpayers who failed to file GSTR-3B for 2 or more Tax period from Oct 15
The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that, E-Way Bill generation facility to be blocked for Taxpayers who failed to file GSTR-3B for 2 or more Tax period from
GST Annual Return voluntary if turnover is less than Rs.2 crores: CBIC notifies it’s applicability for FY 2019-20 also [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) notified that the notification no. 47/2019 - Central Tax dated the 9th October, 2019 will be applicable for Financial Year 2019-20. The notification dated the 9th