Failure to fill Part-B of E-way Bill would attract Penalty: Madhya Pradesh HC [Read Judgment]
A division bench of the Madhya Pradesh High Court, while upholding a penalty order passed by the GST department, held that filing Part-B of the E-Way Bill is a mandatory requirement and the failure to
GSTN enables option for opting quarterly filing of GST returns under QRMP Scheme
The Goods and Service Tax Network (GSTN) has enabled the option for opting for quarterly filing of GST returns under the quarterly return with the monthly payment (QRMP) scheme. The GSTN announced that for the
GST Applicable on Amount Received by Arbitration for Contract works executed in pre-GST Regime: AAR [Read Order]
In a recent ruling the Telangana State Authority For Advance Ruling (TSAAR) held that the Goods and Service Tax (GST) is applicable on the proposed receipt of money in case of Arbitration claims awarded for
Govt clarifies Last date to avail Input Tax Credit in respect of invoices pertaining to period from July 2017 to March 2018
There appears to be misgiving about the last date for taking Input Tax Credit (ITC) in relation to invoices or debit notes relating to such invoices pertaining to period from July, 2017 to March, 2018. Such
GST Checklist for the End of Financial Year 2022-2023
ReconciliationsComparing the outward supplies recorded in books and the GST returns (Books, GSTR-1, and GSTR-3B) can help identify if any changes need to be made to the GST returns. This comparison should include turnover and
GST Evasion: Patiala House Court refuses to grant Anticipatory Bail to person accused of claiming inadmissible ITC to the tune of Rs.500 Cr
The Patiala House Court refused to grant anticipatory bail to a person accused of claiming inadmissible ITC to the tune of Rs.500 Crores. The applicant, Mukul Mittal has been alleged of engaging himself in floating
Interactive Brokers hiring Tax Analyst
Interactive Brokers are hiring tax analyst. Chartered Accountant with 1-2 years of experience in accounting or Graduate with 4-5 years of experience in taxation from the financial service industry is required. Interactive Brokers a subsidiary
Supply of Solar Home Lighting System Attracts 12% GST: AAR
The Uttar Pradesh Authority for Advance Ruling (AAR( has ruled  that supply of solar home lighting systems attracts 12% Goods and Service Tax (GST). The applicant R2VR Technologies Private Limited  intent to supply solar home lighting systems.
GST: Registration of Taxpayers who are Non-Filers of GSTR-3B will be cancelled before 25.11.2019, says CBIC [Read Letter]
In a letter by Office of the Principal Chief Commissioner of GST and Central Excise, Mumbai said that, Registration of Taxpayers who are Non-Filers of GSTR-3B will be cancelled before 25.11.2019. The Principal Chief Commissioner
GST Demand: Kerala HC quashes SCN issued without giving Proper Opportunity of Hearing [Read Order]
The Kerala High Court quashed show cause notice (SCN) issued without giving proper opportunity of hearing in the matter of GST demand. The appellant filed the writ petition before the Single Judge impugning the order
GST Council did not Discuss any proposal to Bring Petrol, Diesel, LPG under GST Regime, says Centre
The Central Government in Lok Sabha stated that the GST Council did not discuss any proposal to bring Petrol, LPG and Diesel under the GST Regime. Minister Pankaj Choudhary said that the inclusion of petrol
GST on Real Estate: Know the Tax Rates on Commercial and Residential Property Rentals
What is GST on Rent? The introduction of the Goods and Service Tax ( GST ) in July 2017 brought about significant changes to the taxation of rental income in many countries. Renting a property
GSTN mandates Aadhaar Authentication to claim Refunds in GST Portal
The Goods and Services Tax Network ( GSTN ) has mandated the Aadhaar Authentication to claim refunds in GST Portal. In a Error message showing while file in the GST Portal said that, “In order
Top 10 Bestselling GST Reference Books You Need in Your Library!
In the dynamic realm of taxation, keeping abreast of the latest developments is indispensable for both seasoned practitioners and enthusiasts. Particularly in the realm of indirect taxation, such as the transition from the Pre-GST era
All you want to know about Communication between Recipient and Supplier Taxpayers on GST Portal
The Goods and Service Tax Network (GSTN) has enabled the new facility of “Communication between Taxpayers” on the GST portal. After the introduction of this facility, the supplier and recipient can directly communicate with each