The Central Government is likely to set up a 4-member Goods and Services Tax Appellate Tribunal (GSTAT) in each state. The primary objective of this tribunal will be to handle any disputes that may emerge

This Round-Up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during July 22 to 28, 2023. Non-filing of Income Tax Return (ITR): ITAT quashes Penalty u/s 271F

This round-up analytically summarises the key stories related to the Goods and Service Tax Authority for Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR) reported at Taxscan.in during July 22 to 28, 2023. Place

The Central Government has approved setting up of three national  level  multi-state  cooperative societies; one each for Exports, Organic produce  and  Seed.  These societies have  been registered under MSCS Act, 2002 on 26th July 2023.

The Goods and Services Tax Network (GSTN) has introduced a new tab ‘Rule-86B’ in the GST Portal restricting the use of Input Tax Credit (ITC) amount in the Electronic Cash Ledger (ECL). You can access

The Income Tax Appellate Tribunal (ITAT) Mumbai Bench Ruled that the Tax Deduction at Source should be allowed in a year under consideration for which such income is assessable. Ignitive Digitech Private Limited, the assessee

The Central Board of Indirect Taxes and Customs (CBIC) vide notification No. 06/2023- Central Tax (Rate) G.S.R. 537(E), No. 06/2023- Integrated Tax (Rate) G.S.R. 538(E), No. 06/2023- Union Territory Tax (Rate) G.S.R. 539(E) issued on

The Central Government published the Goods and Services Tax (GST) audit manual for the year 2023, in the month of April, which was prepared by the Committee of Officers on GST Audits. In light of

In the significant case, the Orissa High Court held that personal hearing could not be denied to taxpayers on grounds of mere mentioning “No” in GST DRC-06. Hence the court directed the adjudication authority for 

The Directorate General of GST Intelligence (DGGI) Meerut Zonal Unit has uncovered two significant fake billing schemes involving 246 shell/fake entities. These entities were involved in fraudulent activities, passing on a total of Rs. 557

The Institute of Company Secretaries of India (ISCI) has notified the draft on Company Secretaries (Amendment) Regulations, 2023 vide notification no. No. 710/1(M)/3 issued on 27th July 2023. The notification states that “The following draft

The Central Government plans to establish an internet-based audit system for the Goods and Services Tax (GST). This move comes in response to reports of large corporations engaging in anti-competitive activities. To enhance efficiency and

The Gujarat Authority for Advance Ruling (AAR), Ahmedabad has held that the Research & Development (R&D) activities and services provided by the applicant to foreign entities shall be treated as “Export of Service” and deemed

The Delhi High Court has reprimanded the Goods and Service Tax (GST) authority for unnecessarily delaying the case.                The petitioner, Jupiter Exports sought to set aside the demand order dated 25.03.2021, passed by the respondent

In a significant case, the Delhi High Court set aside the order of the Goods and Service Tax (GST) appellate authority rejected the claim of Input Tax Credit (ITC) without stating the reason. Chegg India