Category: GST

CBIC issues eight circulars clarifying various GST related issues

CBIC issues eight circulars clarifying GST related issues CBIC has issued circulars clarifying various issues i.e. taxability of inter state services, e-invoice, refunds, taxability of share capital in subsidiary, ITC in respect of warranty replacement,  TCS liability under Sec 52 of the CGST Act, 2017 in case of …

GST Network brought under PMLA

GST Network brought under PMLA MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 7th July, 2023 G.S.R. 491(E).—In exercise of the powers conferred by clause (ii) of sub-section (1) of section 66 of thePrevention of Money-laundering Act, 2002 (15 of 2003), the Central Government, being satisfied that …

CBIC issues guidelines for processing of applications for GST registration

CBIC issues Guidelines for processing of applications for GST registration – Instruction No. 03/2023-GST CBIC has issued Instruction No. 03/2023-GST dated 14.06.2023 giving guidelines for processing of GST registration application. These guidelines have been issued in view of instances of unscrupulous elements obtaining fake/ bogus registration under GST …