GST paying Traders under FTCCI, Telangana in Dismay after Govt issues Direction to Revise Orders by Re-opening Already Closed Proceedings
The commercial tax department's internal note, circulated to joint commissioners across divisions in the state, has caused concern among GST-paying traders associated with FTCCI (Federation of Telangana Chambers of Commerce and Industry). This note, issued
The saga of GST on Ocean Freight… Vaster than the Ocean itself!
It appears as if the taxability of Ocean Freight is a magnet of litigation under the Indian Indirect tax regime. Initially under Service Tax, ocean freight was exempt. However, the same was made subject to
Supreme Court & High Courts Weekly Round up
This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from April 13th, 2024 to April 20th, 2024. SUPREME COURT Licensing of software products of Microsoft
GST Anti-Profiteering Provision under Challenge: Supreme Court issues Notice to CBIC, NAA and GST Council
The Supreme Court has issued notices to various entities, including the central government, the Central Board of Indirect Taxes and Customs ( CBIC ), the Goods and Services ( GST ) Council, and the National
Parallel GST Proceedings: Telangana High Court quashes Demand Order of State GST Dept already passed by Central GST Authority [Read Order]
A Division Bench of the Telangana High Court recently overturned a GST Demand Order dated 30.12.2023 under the Telangana Goods and Services Tax Act, 2017 and Central Goods and Services Tax Act, 2017. The petitioner,
Govt updates Customs Tariff Value of Palm Oil, Gold, Silver and Areca Nuts w.e.f. 16th April 2024 [Read Notification]
The Central Board of Indirect Taxes & Customs ( CBIC ), under the Ministry of Finance, vide notification no. 29/2024-CUSTOMS (N.T.) has notified the amendment in tariff value of crude palm oil, Gold, Silver and Areca Nuts
Customs Alert! Ensure email, Phone Linked to GSTN and DGFT before ICEGATE Registration
The Central Board of Indirect Taxes and Customs ( CBIC ) has issued a public notice on ‘X’, that users must ensure registration of linked phone number with GSTN and DGFT portal, prior to ICEGATE
Arrest on Money Laundering Offence after Proper Compliance of Section 19 of PMLA: Delhi HC Refuses to Release Delhi Chief Minister Aravind Kejriwal
In a recent case, the Delhi High Court refused to release Arvind Kejriwal, the chief minister of Delhi from arrest on a Money laundering Offence under section 19 of the Prevention of Money Laundering Act,
CBIC Chairman urges Resolution of Legacy Adjudication Cases
Sanjay Kumar Agarwal, the Chairman of the Central Board of Indirect Taxes and Customs ( CBIC ), has urged the stakeholders and authorities to resolve long standing legacy adjudication cases. These cases, highlighted in the
CBIC Circular’s Procedure dealing GSTR 3B & 2A Disparity not applied: Madras HC allows to Contest Demand on 10% Pre-deposit [Read Order]
The Madras High Court, quashing the order, allowed the taxpayer to contest the demand on 10% Pre-deposit condition. The court considered the allegation of petitioner claiming the procedure in the Central Board of Indirect Taxes
CBIC notifies Extension of GST Return GSTR-1 Due Date [Read Notification]
On 12th April 2024, the Central Board of Indirect Taxes and Customs ( CBIC ) issued a notification, officially recognizing the extension of the GSTR-1 filing due date. The Goods and Services Tax Network (
Big Update: GSTR 1 Due Date Extended amidst Technical Issues
There is a big update for all Goods and Services Tax ( GST ) payers who are filing Goods and Services Tax Returns -1 ( GSTR 1) . The Goods and Services Tax Network (
GST Portal “Last Date” Glitch: GSTR-1 Filers and Professionals under Undue Distress, GST ITC claims to be unfit for Non-filing of Return
“And we are back to 2017. Thank you”, tweeted a stakeholder, as the Goods and Services Tax ( GST ) Portal chose to shut itself down and prevent professionals and honest taxpayers from accessing it
CBIC updates Customs Tariff Value of Palm Oil, Gold, Silver and Areca Nuts w.e.f. 10th April 2024 [Read Notification]
The Central Board of Indirect Taxes & Customs ( CBIC ), under the Ministry of Finance, vide notification no.  28/2024-CUSTOMS (N.T.)  has notified the amendment in tariff value of crude palm oil, Gold, Silver and
Cancellation of GST Registration for Disputed Principal Place of Business: Delhi HC directs to file detailed response to GST SCN [Read Order]
In a recent case, the Delhi High Court while observing the dispute regarding the principal place of business with respect to cancel the registration who directed the petitioner to file detailed response to Show Cause