Payment of Net Receivables by One GSTIN for Another GSTIN of Same Company is Not Supply: ITC can be Claimed If Done through Book Adjustment, AAR Rules in favour of Malabar Gold [Read Order]
The Kerala Authority of Advance Ruling (AAR), Thiruvananthapuram has held that the payment of net receivables by one Goods and Services Tax Identification Number (GSTIN) for another GSTIN of the same Company is not a
Welding Electrodes used for Repairing and Maintenance of Plant & Machinery are not involved in Manufacturing Process but are Inputs: Rajasthan HC [Read Order]
The Rajasthan High Court has held that welding electrodes used for repairing and maintenance of plant & machinery are not involved in the manufacturing process but are inputs. Hindustan Zinc Ltd, the petitioner questioned whether
Central Govt Extends due date of Amnesty Schemes for non-filers of GSTR-4, GSTR-9 & GSTR-10 till August 31, 2023 [Read Notification]
The Central Government has extended the due date of the amnesty schemes for the non-filers of the GSTR-4, GSTR-9 and GSTR-10. The 50th Meeting of the GST Council took place in New Delhi on July
GST Leviable on Services by Head Office to Branch Offices in Other States, Branch Offices Eligible for ITC: CBIC [Read Circular]
With respect to the recommendations of the 50th Goods and Services Tax (GST) Council, the Central Board of Indirect Taxes and Customs (CBIC) has issued circular No. 199/11/2023-GST on 17th July 2023, clarifying the taxability
Holding of shares of subsidiary company by Holding company is Not Supply, No GST CBIC Clarifies [Read Circular]
With respect to the recommendations of the 50th Goods and Services Tax (GST) Council issued circular No. 196/08/2023-GST on 17th July 2023, the Central Board of Indirect Taxes and Customs (CBIC)clarified the taxability of shares
GST ITC Difference due to Mismatch in GSTR 3B and GSTR-2A CBIC Issues Clarification [Read Circular]
With respect to the changes recommended in the 50th GST Council meeting, the Central Board of Indirect Taxes and Customs(CBIC) has issued a circular no. 193/05/2023-GST on 17th July 2023 providing clarifications. Attention is invited
7.5% GST Rate is Liable to Pay on Service of Construction of Residential Apartments: AAR [Read Order]
The Kerala Authority for Advance Ruling (KAAR) has held that a 7.5 % Good and Services Tax rate is liable to pay on service of construction of residential apartments. Prime Property Developers,  the applicant is
Service Supplied Charitable Society to Educational Institution is liable to GST: AAR [Read Order]
The Kerala Authority for Advance Ruling (KAAR) has held that educational service supplied by charitable societies to educational institutions is liable to Goods and Service Tax (GST). M/ s. Choice Foundation,  the applicant is a
Payment made to State Govt. for Change of Description of Land from Wetland to Ordinary Land Attracts GST under RCM: AAR [Read Order]
The Kerala Authority for Advance Ruling (AAR), Thiruvananthapuram has held that the payment made to the Government of Kerala for changing the description of land from wetland to ordinary land attracts Goods and Services Tax
GST Dept and Anti-Fraud Dept of Police cannot send Notices to Advocates of Alleged Tax Evaders: Calcutta HC Issues Directions
In a recent ruling, the  bench of Chief Justice T.S. Sivagnanam and Justice Hiranmay Bhattacharyya of Calcutta High Court ruled that the Goods and Services Department (GST) or Anti-Fraud Dept of police cannot issue any
ICAI reprimands CA Soliciting Clients by Advertising Free Services in Accounts/Tax/GST/Audit through WhatsApp Pamphlets
The Disciplinary Committee of Institute of Chartered Accountants of India (ICAI) has reprimanded the Chartered Accountant (CA) Sunil Goyal for soliciting the clients by advertising and offering free services in the areas of Accounts/Tax/Returns GST/
GST Council Clarifies ISD Mechanism not mandatory for Distribution of ITC of Common Input Services under Present GST Law
The Union Finance Minister Nirmala Sitaraman presided over the 50th meeting of the GST Council today (11th July 2023) at Vigyan Bhawan in New Delhi including Revenue Secretary and CBIC chairman. The Council provided clarification
Refund Claim by Adding Invoices of Previous Quarter which was not used for Claiming during Previous Quarter is Valid: CESTAT [Read Order]
The Kolkata bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the refund of a claim by adding invoices of the previous quarter which were not used for claiming during the previous
50th GST Council: Reduced, Regularised and Exempted Goods under GST
The Union Finance Minister Nirmala Sitaraman presided over the 50th meeting of the GST Council on 11th July 2023 at Vigyan Bhawan in New Delhi including Revenue Secretary, CBIC chairman. Read more : 50th GST
GST Council clarifies E-invoicing mandatory for registered persons beyond threshold for supplies to Govt. Departments
The Union Finance Minister Nirmala Sitaraman presided over the 50th meeting of the GST Council on 11th July 2023 at Vigyan Bhawan in New Delhi including Revenue Secretary Sanjay Malhotra, CBIC chairman, Vivek Johri. The