Good news for Taxpayers: Delinking of Credit Note/Debit Note with Original Invoice has been implemented on the GSTN portal
The De-linking of original invoices and credit and debit notes are incorporated on the GSTN portal. The same was amended vide CGST amendment Act, 2018 with the effect of February 1, 2019. However, the same
Govt to Implement TDS, TCS provisions under GST from April 2018
In a significant move, the Central Government will implement the provisions relating to Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) under the new Goods and Services (GST) Laws from 1st April
SEBI Chairperson pitches for Technology driven third-party validation to evade Fraud
Chairperson of Security and Exchange Board, Ms Madhabi Puri Buch today pitched for technology driven third-party validation in order to evade fraud. She was addressing auditors are the closing ceremony of Audit Week Celebrations by
GST Evasion: CGST Vadodara busts illicit/clandestine Clearance of Goods under guise of Invoices/E-Way Bills issued on the Fake GSTINs
On the basis of specific intelligence as well as further data mining/analysis on GSTN and E way bill portals, the officers of Central GST, Vadodara-I Commissionerate, have busted a syndicate of illicit/clandestine clearance of goods
GSTN provides New Features in Returns
The Goods and Services Tax Network (GSTN) has added some new features in Form GSTR 1 and GSTR 5. As per a communication issued by the portal, a field to enter cess amount paid on
GST : Small Businesses with Zero Liability may be allowed to file Return Twice a Year
Reportedly, Businesses having nil tax liability under the Goods and Services Tax (GST) for six consecutive months may soon be allowed to file return bi-annually. If this proposal gets the nod of the GST Council,
GSTN adds New Feature: Composition Dealers can now provide Amendment Details in Return
To the relief of composition taxpayers, the Goods and Services Tax Network (GSTN) has provided the facility to provide details of amendment, in FORM GSTR 4. With this, the composition taxpayers can now file amendment
No Response to E-Notices: Delhi Govt to Restore Cancelled GST Registrations [Read Order]
The Delhi Government has ordered to restore/ revoke all the GST registrations as the show cause notices sent by the officers during the verification of the application for migration to GST remained unresponsive. An order
GST Dept issues SOP on Implementation of Provision on Extension of Time Limit to Apply for Revocation of Cancellation of Registration [Read Circular]
The Delhi GST department has issued a Standard Operating Procedure for the implementation of the provision of extension of time limit to apply for revocation of cancellation of registration under section 30 of the DGST
Finance Ministry Meets on April 4 to Review Functioning of GST Portal and GST Systems
As per the reports, the finance ministry chaired by Revenue Secretary Sanjay Malhotra called a meeting to review the functioning of the Goods and Services Tax (GST) Portal and the systems on April 4, 2023
CBIC notifies different due dates for GSTR-3B for Taxpayers having turnover of upto Rs. 5 cr for Jan to March, 2020 [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the different due dates for GSTR-3B for the Taxpayers having turnover up to Rs. 5cr for January to March 2020. The Notification
Preparation of Gutka at Pan Shop for sale not eligible for Composition Scheme: AAR [Read Order]
The Madhya Pradesh Authority of Advance Ruling (AAR) ruled that preparation of Gutka at Pan Shop for sale is not eligible for the Composition Scheme. The applicant, Gulab Singh is proposed to open a new
100 Days of GST: This is How Indian Judiciary Welcomed the New Tax Law
India welcomed the new Goods and Services Tax (GST) amidst a lot of confusions and ambiguities. As GST turns 100 days older, let’s have a look at how the judiciary tried to balance the side
Kerala HC dismisses Writ Petition on availability of statutory remedy under CGST Act [Read Order]
The Kerala High Court dismissed the writ petition on the availability of a statutory remedy under the Central Goods and Service Tax ( CGST ) Act, 2017. The Court disposed of the writ petition with
Failure to Avail Transitional Credit Manually and Online: Gauhati HC directs Assessee to Avail Benefit of Re-opening of GST Portal [Read Order]
In a relief to the taxpayers who could not avail the GST transitional credit due to technical glitches on the portal and thereafter manually, the Gauhati High Court has directed the assessee to avail the