Category: GST
GSTN Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Ladakh GSTN has issued ad advisory for biometric-based aadhaar authentication and document verification for GST Registration Applicants of Ladakh as under: This is to inform taxpayers about recent developments concerning the application process for …
Orders passed u/s 73 of CGST Act 2017 quashed as notice uploaded on ‘Additional Notices and Orders’ Tab of GST Portal In a recent judgment, Hon’ble Allahabad High Court has quashed the orders passed u/s 73 of CGST Act 2017 as the notices were uploaded on ‘Additional Notices …
CBIC clarifies various doubts related to Section 128A of the CGST Act, 2017 relating to waiver of interest or penalty or both in respect of demands under section 73 CBIC has issued Circular No. 238/32/2024-GST dated 15th October, 2024 to clarify various doubts regarding newly inserted section 128A …
CBCI clarifies issues on eligibility and conditions for taking input tax credit u/s 16(5) and 16(6) of CGST Act 2017 As per sub-section (5) and sub-section (6) of section 16 of the Central Goods & Services Tax Act, 2017 (the “CGST Act”) inserted in section 16 of the …
Supply of Metal scrap by a unregistered person to any registered person brough under GST Reverse Charge Mechanism GOVERNMENT OF INDIAMINISTRY OF FINANCE(Department of Revenue) Notification No. 06/2024-Central Tax (Rate) New Delhi, the 8th October, 2024 G.S.R….(E).- In exercise of the powers conferred by sub-section (3) of section …
GST Notifications issued to implement the recommendations of the 54th meeting of the GST CBIC has issued GST Notifications to implement the recommendations of the 54th meeting of the GST Council held on 09.09.2024. The summary of the various notification dated 08.10.2024 issued is as under: Notification No. …
Revised and up-to-date list of services covered under GST RCM as on 09.10.2024. Categories of supply of services where GST is to be paid on reverse charge basis Up-to-date list of services covered under GST reverse Charge Mechanism (RCM) There are two type of reverse charge scenarios provided …
Building can also be treated as a plant u/s 17(5)(d) of CGST Act 2017 for giving benefit of ITC – SC remands case to High Court to decide whether the shopping mall is a “plant” In a recent judgment, the Hon’ble Supreme Court has held that a building …
Principal Bench of the GSTAT to examine whether input tax credits benefit due to reduction in rate passed on to the consumers Section 171 of the CGST Act 2017 (the Act) empowers the Central Government to take anti-profiteering measures. It provides that any reduction in rate of tax …
GST Proceedings u/s 73 if finalized cannot be reopened u/s 74 except the case of fraud or wilful mis-statement or suppression of facts to evade tax. In a recent judgment, the Hon’ble Allahabad High Court has held that if the proceedings under Section 73 of the CSGT Act …