Category: GST
Revised procedure for electronic submission and processing of GST refund application by CSD CBIC has issued Circular No. 227/21/2024-GST dated 11.07.2024 to lay down the revised procedure for electronic submission and processing of refund application by CSD, in accordance with section 55 of CGST Act, in supersession of …
Mechanism for refund of additional Integrated Tax (IGST) paid on account of upward revision in price of the goods subsequent to exports In order to ensure uniformity in the implementation of the provisions of the law across field formations, the CBIC has issued Circular No. 226/20/2024-GST dated 11th …
Guidelines for recovery of GST outstanding demands, in cases wherein first appeal has been disposed of, till Appellate Tribunal comes into operation CBIC has issued Circular No. 224/18/2024 – GST dated 11th July 2024 for giving following guidelines for recovery of outstanding dues, in cases wherein first appeal …
Central Goods and Services Tax (Amendment) Rules, 2024 notified. The Central Government, on the recommendations of the GST Council has notified Central Goods and Services Tax (Amendment) Rules 2024 by Notification No. 12/2024 – Central Tax dated 10th July 2024. The following Rules have been amended: Rule 8 …
Enhancements to Address-Related Fields in GST Registration Functionalities GSTN has made the following enhancements to address-related fields in the registration functionalities: New Registration, Amendment Application (Core & Non-Core), and Geocoding Business Addresses. These enhancements are based on the analysis of tickets and user feedback. The details are as …
Date of order has to be date of personal hearing. Hon’ble High Court quashed GST order passed without personal hearing In a recent judgment, the Allahabad High Court has quashed order passed under Section 74 of the UPGST Act for not affording personal hearing observing that it is …
Matters involving tax where provision of appeal is provided, the assessee should be relegated to the said remedy – High Court In a recent judgment, Hon’ble Allahabad High Court declined to invoke its Writ Jurisdiction against GST order and held that matters involving tax where provision of appeal …
Recommendations of 53rd GST Council Meeting held on 22.06.2024. The GST Council inter alia made the recommendations relating to changes in GST tax rates, measures for facilitation of trade and measures for streamlining compliances in GST. GST Council recommends waiving interest and penalties for demand notices issued under Section …
AGFTC and ITBA requests Finance Minister to reduce penalty u/s 73(9) of the CGST Act 2017 All Gujarat Federation of Tax Consultants (AGFTC) and Income Tax Bar Association (ITBA), Ahmedabad has given a Representation to Union Minister of Finance to amend the penalty provision under section 73(9) of …
Merely describing a claim unacceptable or false without affording reasons unacceptable In a recent judgment, the Hon’ble Allahabad High Court has quashed the order passed u/s 73(1) of UPGST Act holding that merely describing a claim as unacceptable or false without dealing the explanation furnished by affording adequate …
