ITC availed Details in GSTR 2A reconciled with GSTR 3B: Madras HC directs GST Dept to dispose of Rectification Petition within 1 Month [Read Order]
In a recent ruling, the Madras High Court directed the Goods and Services Tax ( GST ) department to dispose of the Rectification Petition within 1 Month as the petitioner correctly submitted the reconciled GSTR
5% Effective GST applicable after 1/3 Deduction on Sale of Land and Duplex Construction, No ITC Eligible: Odisha AAR [Read Order]
The Odisha Authority for Advance Ruling ( AAR ) ruled that sale of land and duplex construction on same land executing two separate agreements attracts an effective rate of 5% Goods and Services Tax (
Accountant misses GST Notices uploaded in Additional notices and Order tab in Portal, fails to Reply to SCN: Madras HC allows to Contest on 10% Pre-deposit [Read Order]
The Madras High Court granted the petitioner the opportunity to contest a Goods and Services Tax ( GST ) demand, provided they make a 10% pre-deposit. This decision arised from a situation where the petitioner's
Dealer to Pay 18% GST on Reimbursement of Loss from Mercedes Benz on Sale of Demo Cars: AAR
The West Bengal Authority of Advance Ruling ( AAR ) has determined that a GST of 18% must be paid on the sum received by the applicant from Mercedes-Benz India as reimbursement for the "Loss
GST Demand Order issued Completely on Different Basis from SCN: Madras HC Orders Fresh Proceedings [Read Order]
In a recent ruling, the Madras High Court set aside the Goods and Services Tax ( GST ) demand order issued completely on a different basis from the Show Cause Notice ( SCN ). The
Rectification Filed on Error in Reporting Outward supplies & ITC : Madras HC remands GST Demand for Reconsideration on Pre-deposit Condition [Read Order]
The Madras High Court remanded the Goods and Services Tax ( GST ) demand for reconsideration on 10% pre-deposit condition as rectification was filed on error in reporting outward supplies and Input Tax Credit (
Service Recipient Cannot Face Penalty for Seller’s Failure to Remit GST to State Treasury unless in Exceptional Circumstances: Calcutta HC [Read Order]
The Calcutta High Court has ruled that the onus of inquiry regarding non-remittance of Goods and Services Tax ( GST ) to the state treasury falls upon the seller, particularly in cases where the service
Fake GST Registrations and Fraudulent ITC Claims: CGST and SGST Officers to meet under Revenue Secretary to hold Discussion
India's Revenue Secretary, Sanjay Malhotra, is taking the helm in a coordinated effort to tighten the Goods and Services Tax ( GST ) net following a surge in tax collections. This move comes in wake
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 20th, 2024 to May 3rd, 2024. SUPREME COURT Compounding of Offence u/s 137 of
CESTAT Weekly Round Up
This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at taxscan.in, from April 20, 2024  to May 3, 2024. Value of Services Provided
Appeal on issue of Reversal of Credit on Input In Stock when Final Product is exemplified: Rajasthan HC admits Appeal [Read Order]
The Rajasthan High Court accepts the appeal on the issue of credit on input in stock when the final product is exemplified. The court issued a notice of admission of appeal to the respondents on
AAR and AAAR Weekly Round-Up
This round-up analytically summarises the key stories related to the Goods and Services Tax Authority for Advance Ruling ( AAR ) and Appellate Authority for Advance Ruling ( AAAR ) reported at Taxscan.in during the
GST National Coordination Meeting being held Today: Discussions on Curbing Fake GST Registrations Underway
The upcoming meeting for Nation-level Coordination of Goods and Services Tax administration, led by Revenue Secretary Sanjay Malhotra, will convene Central and state GST officers to delve into critical matters such as strengthening registration norms
Fraudulent GST ITC Claims: Noida Sector 20 Police nabs Three, recovers Maserati Car and Five other Luxury Vehicles
In a joint operation involving officials from the Sector 20 police station and the Noida crime response team, three individuals were apprehended in connection with a ₹10,000 crore GST irregularities case, stated senior police officers.
Ineligible ITC Reversal: Yes Bank gets GST Demand Notice of Rs. 6.87 Lakhs
Yes Bank announced on Wednesday that it has been issued two GST demand orders, imposing a penalty exceeding Rs 6.87 lakh, in a regulatory filing. The penalties, imposed by the Manipur and Punjab GST departments,