In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs. 500/- (five hundred only) per return for the tax period July 2017...
In a recent order, the Allahabad High Court has granted anticipatory bail who was accused of evading tax under section 122/132 U.P. GST Act, 2017. The Applicant Mr. Shahzad Alam, sought anticipatory bail before the...
The Goods and Services Tax Network ( GSTN ) has issued the advisory on filing NIL Form GSTR-1 through SMS on GST Portal. A taxpayer may now file NIL Form GSTR-1, through an SMS, apart...
Many companies that had not been able to claim transitional credit have dragged the government to court over a retrospective amendment of Section 140 under the Goods and Services Tax (GST) framework. An amendment has...
The West Bengal Authority of Advance Ruling (AAR) ruled that services to the students, faculty and staff with respect to the skill development courses for diesel mechanic, welder and sewing technology are exempt under Entry...
The Goods and Services Tax portal has today said that the system has not been updated according to the change in the late fee for the delay in GSTR-3B. The Central Board of Indirect Taxes...
GST Day, 2020 or third anniversary of the introduction of GST was marked by CBIC and all its field offices across India on July 01, 2020. GST has been instrumental in Breaking Barriers to build...
The GST Day, to commemorate the anniversary of the introduction of the historic indirect tax reform in line with the dream of One Nation One Tax One Market has been celebrated across the country today....
The Finance Minister, Nirmala Sitharaman in her message on the Goods and Service Tax (GST) Day ensures all the economic growth to all the countrymen. While highlighting the History, the Finance Minister quoted, “this government...
We have seen everything in this period-transitioning from existing regime to new era, understanding the provisions of GST, analyzing what impact it had rather still having on business, making GST compliances from return filing to...
The West Bengal Authority of Advance Ruling (AAR) ruled that a charitable trust providing legal, medical, psychological and financial support to the women and their children surviving violence and abuse do not amount to ‘supply’...
The gross GST revenue collected in the month of June 2020 is Rs. 90,917crore of which CGST is Rs. 18,980crore, SGST is Rs. 23,970crore, IGST is Rs. 40,302 crore (including Rs. 15,709 crore collected on...
The West Bengal Authority of Advance Ruling (AAR) ruled that Supply of service to Bharat Coking Coal Ltd. (BCCL) in terms of the Maintenance and Repair Contract (MARC) is not an import of service. The...
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified waive off late fees on GSTR-3B with Nill Liabilities. In a Notification issued by CBIC said that, For the period from July 2017...
The Goods and Services Tax (GST) has completed almost three years of operation. Hailed as the single-biggest tax reform, the GST was rolled out with a gong in a special session of Parliament three years...
A recent advance ruling issued by the Karnataka Authority for Advance Ruling covers multiple frequently asked questions and thereby assumes significance. The ruling is issued in Order No. KAR ADRG 30/20/04.05.2020 in a case where Mr. Anil...
The Central Board of Indirect Taxes and Customs (CBIC) has issued a letter dated June 22, 2020, addressing the Principal Director regarding reference form DGGI on cross empowerment of Central and State officers under Goods...
The High Court of Calcutta ruled that in terms of the residuary provisions of the Limitation Act, the period of three years should be the guiding principle, and thus a period of three years from...
The Goods and Services Tax ( GST ), with its historic rollout, promised to change the conventional methods prevailed in the old tax regime. One of the key objectives of the GST was the removal...
The Central Board of Indirect Taxes and Customs (CBIC) on Saturday notified the further extension of the limit for completion or compliance of any action, till August 30, 2020. The Board seeks to amend Notification...
In a major move towards GST taxpayers’ facilitation, the Central Board of Indirect Taxes and Customs ( CBIC ) has decided to provide the facility of SMS filing of NIL statement of FORM GSTR-1 from...
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