G. S. T. Blogs

compiled by LALAN ASSOCIATES

09th May 2025 compilation

New GST Registration Grievance Process by CBIC AnnouncedCBIC introduces Grievance Redressal Mechanism for Processing of GST Registration Applications Subject: Grievance Redressal Mechanism for processing of

22nd April 2025 compilation

Most Important Advisory Related to GST Registration Issued by CBICMost Important Advisory Related to GST Registration Issued by @cbic_india An indicative list of documents has been prescribed in FORM GST REG-01,for

જી.એસ.ટી. હેઠળ GSTR 1 રિટર્ન મોડા ફાઇલ કરનાર ઉપર થઈ શકે છે કાર્યવાહી - Tax TodayReading Time: 2 minutesSpread the loveતમામ વેપારીઓને GSTR 1 સમયસર ભરવા જોઇન્ટ કમિશ્નર ધર્મજિત યાજ્ઞિકની તાકીદ: તા. 24.04.2025,...

Myth Busted: No GST on UPI Transactions Over ₹2000Claims that the Government is considering levying Goods and Services Tax (GST) on UPI transactions over ₹2,000 are completely false, misleading, and

01st April 2025 compilation

March 2025 GST Closing ChecklistHere is a comprehensive GST Closing Checklist for March 2025, keeping in mind that the Financial Year 2024-25 is ending: I. Reconciliations: Outward

New GST Rules for Hotels: What You Need to KnowTo simplify compliance, the Central Board of Indirect Taxes and Customs (CBIC) released frequently asked questions (FAQs) on Thursday. The FAQs clarify

26th March 2025 compilation

GST અંતર્ગત માર્ચ-2025 ના મહિનામાં કરવાના કાર્યની સરળ ભાષામાં માહિતી - Tax TodayReading Time: 2 minutesSpread the love–By Prashant Makwana, Tax Consultant પ્રસ્તાવના : નાણાકીય વર્ષ 2024-25 પૂરું થવા જઈ...

Important Year Ending Tasks- GSTImportant Year Ending Tasks (Must do it every year) ▪︎ Check Sale Invoice Series so that you can report any missing Invoices in GSTR 1 ▪︎ Check Sale

GST REGISTRATION MADE EASIER BIOMETRIC AUTHENTICATION NOW IN YOUR HOME STATEGST registration: New advisory by Goods and Services Tax Network (GSTN) dated March 3, 2025 says additional facility allowing certain Promoters/Directors

NEW GST RULES FROM APRIL 1, 2025The government has announced a key change in GST rules, introducing the Input Service Distributor (ISD) system from April 1, 2025. This system will help

New E-Invoice Rules: 30-Day Reporting Deadline for 10 Crore AATOFrom 01st April, 2025, the time limit for creating E Invoice for taxpayers whose sales are more than 10 Cr will be 30 days. So if your sales are more than

28th February 2025 compilation

GST Exemption Clarified on Black PepperIn a move welcomed by agricultural communities, the Goods and Services Tax (GST) Council has officially clarified vide Circular No. 247/04/2025-GST dated

TCS on Sale of Goods: Big Relief for Businessman from 1st April 2025In a significant move to simplify tax compliance and reduce the burden on sellers, the Indian government has announced the removal of Tax Collected at

Govt notifies new TIN rule for non-GST registered entitiesEntities that are not required to get a GST registration but are required to make a tax payment under the GST Act provision can now obtain a Temporary

Filing ENR-03 - A Step-by-Step Guide for e-Way Bill GenerationENR-03 form is used by unregistered dealers to enroll in the e-Way Bill system. This allows them to generate e-Way Bills for the movement of goods without

How to Correctly Use DRC-03 for Amnesty ApplicationsApplying for the Amnesty Scheme with DRC-03: A Guide If you've received an order under Section 73(9) and are looking to apply for the amnesty scheme,

જી.એસ.ટી. હેઠળ ચાલી રહી છે માફી યોજના. આ યોજનાનો લાભ કેવી રીતે મેળવવા શું કરવું?? - Tax TodayReading Time: 3 minutesSpread the love-By Bhavya Popat Dt: 28.02.2025 જી.એસ.ટી. કાયદો તારીખ 01.07.2017 થી લાગુ થયો છે....

27th January 2025 compilation

GSTN Announces Phase-3 Changes for HSN Code Reporting in GSTR-1 & 1A Starting February 2025GSTN issued Updated Advisory: Phase-3 of reporting of HSN codes in Table 12 of GSTR-1 & 1A is being implemented from February 2025 return period The

New Rules for Filing GSTR-1 from January 2025The Goods and Services Tax Network (GSTN) has implemented multiple changes in Table 12 of GSTR-1 return starting from the January 2025 tax

Big relief for small taxpayers No GST on leased premisesAhmedabad: In a crucial update for small taxpayers participating in the composition scheme, the Central Board of Indirect Taxes and Customs (CBIC) has

કંપોઝીશન પરવાનગી ધરાવતા નાના કરદાતાઓને થયો મોટો ફાયદો!! - Tax TodayReading Time: 4 minutesSpread the loveસરકારના નવા નિર્ણયથી ભાડા ની જગ્યા પર વેપાર કરતા કમ્પોઝિશનના વેપારીઓને હવે જીએસટીના...

09th January 2025 compilation

Now send takedown orders against online money gaming apps evading GSTFor the purpose of GST, ‘online money gaming’ refers to any game where players deposit money with the expectation of winning. An officer from the

07th January 2025 compilation

GST Council meeting: What gets cheaper and more expensive?Here's a breakdown of items that will become costlier, those that will get cheaper, and decisions that have been postponed. What becomes more expensive?

Taxed even for popcorn! Startup founder urges high earners to leave India, deletes viral postA Reddit post by a startup founder urged high-earning individuals to emigrate from India, citing restrictive regulations, poor infrastructure, and socio-economic issues. The post detailed the founders struggles, including bribery demands, regional bias, and civic issues, while recommending alternative nations like the UAE and Thailand. Despite the post being deleted, its content has stirred widespread discussion, drawing agreement and criticism from readers. It highlights ongoing challenges faced by professionals and innovators in India.

18 per cent GST on sale of old cars, including EVs, applicable only to registered businessesGST is not applicable when individuals sell old cars to each other. Only businesses involved in buying and selling old vehicles must pay GST on their margin at 18 percent. The GST Council has unified the tax rate for all used vehicles. Simplification measures are in place to streamline the process.

Latest GST Waiver Scheme Advisory for Taxpayers Relief under Section 128AAdvisory for Waiver Scheme under Section 128A 1. Taxpayer’s attention is invited to the advisory on the above subject issued by GSTN on

22nd November 2024 compilation

Big Step! Implements Biometric Authentication to Combat GST Registration FraudBiometric Authentication Introduced at 46 GST Service Centres to Combat Registration Fraud Indore: In a significant move to tackle fraudulent taxpayers,

Make the GST list shorter, not longerA GST panel recommends moving more goods to the 28% luxury slab to simplify mid-range categories and merge 12% and 18% slabs. Focus on exempting fewer items, like petroleum, to improve GST efficiency and enhance progressive taxation, aligning with the nations economic objectives.

GST Amnesty Scheme: Key Steps and New Forms for TaxpayersGSTN has issued an advisory today outlining the steps for individuals to pay their tax demand under the GST Amnesty Scheme. If you are looking to apply

Very Important advisory on GSTR 2B and IMS1. It has been reported by few taxpayers that their GSTR-2B for October-2024 period has not been generated on 14th November, 2024. In this regard it to

Health insurance tax relief coming soon? GST Council may consider lowering tax rates on insurance in December meetingThe GST Council is likely to consider lowering the tax rate on certain insurance plans, including potentially eliminating the 18% tax on term life insurance. They may also eliminate the tax on health insurance for senior citizens and those with coverage up to Rs 5 lakh. However, broader GST changes are unlikely due to concerns from some states about potential revenue loss.

GST Committee Reviews Delivery Charges TaxationState and central government goods and services tax (GST) officials, part of the fitment committee, are currently reviewing the taxation of delivery

“ઇ વે બિલ” અંગે ગુજરાત હાઇકોર્ટનો કરદાતાની તરફેણમાં મહત્વનો ચુકાદો - Tax TodayReading Time: 4 minutes Spread the love-By Bhavya Popat તા. 20.11.2024: જી.એસ.ટી. કાયદા હેઠળ 50000/- થી વધુ રકમનો માલ...

29th October 2024 compilation

GST a "Classical Example of Cooperative Federalism," Says CJI D Y ChandrachudChief Justice of India CJI D Y Chandrachud emphasized the significance of cooperative federalism in the governance of India calling the introduction of the Good

GST Returns to Be Barred After Three-Year DeadlineBarring of GST Return on expiry of three years As per the Finance Act 2023 8 of 2023 dt 31 03 2023 implemented w e f 01 10 2023 vide Notification No 28 2023 Cen

Manpower Supply to Foreign Firms for Work in India Will Attract GST: UPAAR RulingIn a recent ruling the Uttar Pradesh Authority for Advance Ruling UPAAR stated that the supply of manpower for work in India to foreign clients who have no perm

28th October 2024 compilation

Latest GST News, Information, Notifications & Announcements [Period 22/10/24 to 28/10/24]GST WEEKLY UPDATE :30/2024-25 (27.10.2024) 1. Advisory for GST REG-07: In pursuance the advisory issued on October 13 regarding the "New GST provision for

CBIC Issues Corrigendum to Clarify Provisions Under Section 16 of CGST Act, 2017The Central Board of Indirect Taxes and Customs CBIC has issued a corrigendum dated October 25 2024 to Circular No 237 31 2024 GST which was originally released

Biometric-Based Aadhaar Authentication Introduced for GST Registrations to Curb Tax FraudIn a bid to combat tax fraud the State GST Department has announced the introduction of biometric based Aadhaar authentication for Goods and Services Tax GST re

26th October 2024 compilation

Clarification on GST Notification: Definition of Property for Renting Under RCMBREAKING: GST IMPORTANT NOTIFICATION: The CBIC issued a Corrigendum dated October 22, 2024 to Notification No. 09/2024-Central Tax (Rate) dated October

Reverse Charge Mechanism (RCM) under GST - Updated till dateLatest updates 23rd July 2024In the Union Budget 2024, the Finance Minister proposed an amendment to Section 13 of the CGST Act to provide for the time of

Big relief news regarding GST- common man will get direct benefitThere may soon be relief from GST on health and term life insurance premiums. According to CNBC Awaaz sources, the GST panel has decided that senior

Good news for GST tradersThere is good news for GST traders from the government. According to CNBC Awaaz, it will now be easier for traders to take input tax credit and file GST

Attention: Validation of bank account details while adding bank account as Non Core amendmentAttention: Validation of Bank Account Details During Non-Core Amendments When it comes to managing finances, the accuracy of bank account details is

New GST Regulations: Important Updates on Form GST REG-07Advisory - Reg 07 GSTN has introduced an update to facilitate the registration compliance for buyers of metal scrap through form GST REG-07. This update

23rd October 2024 compilation

End of GST compensation cess may not be blessing for 'sin taxed'Cigarettes, tobacco products, carbonated drinks, and high-end automobiles in the 28% GST slab might see a rise in taxation as a cess ends in March 2026. Discussions are focused on maintaining high tax rates for demerit goods while possibly lowering GST on essentials such as pharmaceuticals.

Ministry of Finance introduced new rules effective November 1, 2024The Ministry of Finance announced on October 8, 2024, new rules and procedures to waive interest and penalties for non-fraudulent GST demands. This

Attention GST Taxpayers – Hard - Locking of auto-populated liability in GSTR-3B1. In order to assist taxpayers in filing their returns and minimizing human errors, GSTN has continuously improving the GST return filing process and in

Reasons for Cancelling GST RegistrationReasons for Cancelling GST Registration: Completed Guide Goods and Services Tax (GST) registration is essential for businesses in India. However, there

One of the big changes in GSTR 9One of the major changes in GSTR 9 Is From 23-24, the TABLE 8A will be summation of GSTR 2B ( not 2A) Query -New kind of mismatch transactions will emerge

GST PORTAL BREAKING: Reversals required under Rule 37A are now live in GSTR-2B!Rule 37A was introduced by Notification No. 26/2022 – Central Tax Dated 26th Dec, 2022 It requires reversal of Input Tax Credit in the case of non-payment

Latest GST News, Information, Notifications & Announcements [Period 15/10/24 to 21/10/24]GST Weekly Update: Key Changes and Advisories for Taxpayers (October 2024) GST WEEKLY UPDATE :29/2024-25 (20.10.2024) 1. Important

જી.એસ.ટી. હેઠળ ઓકરોબર મહિનાનું GSTR 1 તથા 3B રિટર્ન છે અતિ મહત્વનુ - Tax TodayReading Time: 3 minutes Spread the loveતા. 22.10.2024 નાણાકીય વર્ષ 2023 24 ના વર્ષ ની ઈન્પુટ ટેક્સ ક્રેડિટ ક્લેઇમ...

2nd October 2024 compilation

GST legacy issues can undermine government’s efforts to ease tax structureGST Council is moving in the right direction, addressing hardships faced by taxpayers. However, some clarifications have not helped because it overlaps ongoing tax litigation

Finance Ministry Notifies Effective Dates for Various Provisions of the Finance (No. 2) Act, 2024Ministry of Finance has issued Notification No. 17/2024-Central Tax on September 27, 2024, outlining the commencement dates for several provisions of the

18% GST on small transactions up to Rs 200018% GST ON SMALL TRANSACTIONS UPTO RS. 2000 The Goods and Services Tax (GST) Council may consider imposing an 18% tax on payment aggregators for small

Big GST Relief! Notification by the Department: No Interest or Penalty on Old GST Tax DemandsAttention all GST-registered businesses! The Indian Ministry of Finance has announced a major relief scheme, waiving interest and penalties on certain

Latest GST News, Information, Notifications & Announcements [Period 24/09/24 to 30/09/24]1. Various effective dates have been declared for the effective applicability of the new amended gst section: The Ministry of Finance,

Taxpayer ITC Relief: Understanding CGST Section 16 ChangesIn a significant update to the Central Goods and Services Tax (CGST) Act, Section 16 has been amended with the insertion of two new sub-sections. This

Important Alert! GST Return Data will not be available on GST Portal for more than 7 yearsArchival of GST Returns data on GST portal Section 39 (11) of the CGST Act, 2017, implemented w.e.f 01-10-2023 vide Notification No. 28/2023 Central Tax

Latest GST News, Information, Notifications and AnnouncementsGST News - Get latest GST news, updates, announcements, information, and stories in India. Stay updated with all the current notifications about Goods & Service Tax (GST) in India.

16th September 2024 compilation

GST Rate Rationalisation: Impact on different industries and challenges in tax simplificationGST rate rationalisation has sought to simplify India’s tax structure, aiming to reduce cascading taxes and litigation. Efforts include merging tax slabs and addressing input tax credit issues to create a more transparent and efficient tax environment

Latest GST News, Information, Notifications & Announcements [Period 10/09/24 to 16/09/24]GST WEEKLY UPDATE :24/2024-25 (15.09.2024) 1. Clarification on place of supply (pos)of advertising company advertising service rendered to foreign co:

𝐑𝐞𝐧𝐭𝐢𝐧𝐠 𝐨𝐟 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐛𝐲 𝐚𝐧 𝐮𝐧𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐨𝐰𝐧𝐞𝐫 𝐭𝐨 𝐚 𝐭𝐞𝐧𝐚𝐧𝐭 𝐬𝐡𝐚𝐥𝐥 𝐧𝐨𝐰 𝐛𝐞 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐮𝐧𝐝𝐞𝐫 𝐑𝐂𝐌 𝐩𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧𝐑𝐞𝐧𝐭𝐢𝐧𝐠 𝐨𝐟 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐛𝐲 𝐚𝐧 𝐮𝐧𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐨𝐰𝐧𝐞𝐫 𝐭𝐨 𝐚 𝐭𝐞𝐧𝐚𝐧𝐭 𝐬𝐡𝐚𝐥𝐥 𝐧𝐨𝐰 𝐛𝐞 𝐜𝐨𝐯𝐞𝐫𝐞𝐝 𝐮𝐧𝐝𝐞𝐫 𝐑𝐂𝐌 𝐩𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧 (𝐍𝐨𝐭𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐬𝐭𝐢𝐥𝐥 𝐚𝐰𝐚𝐢𝐭𝐞𝐝)And as per

GST NewsGST news - read latest news, insights, views and stories in India. Latest GST information and updates

GST Council to deliberate on taxation of insurance premium, report on online gamingThe GST Council will discuss various issues, including taxation on insurance premiums, rate rationalisation, and online gaming. They will consider reducing the tax burden on health insurance and review the status of GST on online gaming. It will also address fake registrations and approve notifications from previous meetings.

Finance Ministry gives relief in GST to advertising agencies and automobile dealersFINANCE MINISTRY GRANTS GST RELIEF TO AD AGENCIES AND AUTOMOBILE DEALERS The Union finance ministry on Wednesday issued a set of circulars giving relief

GST E-invoice Big UpdateE-invoice mandate may cover B2C transactions The Goods and Services Tax (GST) Council, in its forthcoming meeting on Monday, is expected to discuss

3 Mumbai Businessmen Arrested in GST Fraud: Fake ITC Claims via 8 Shell CompaniesIn a major crackdown on fraudulent Input Tax Credit ITC claims the Central Goods and Services Tax CGST Palghar Commissionerate has uncovered a fake ITC racket a

18th April 2024 compilation

New e-Invoicing Mandate for Turnover Exceeding INR 5 Crores w.e.f 1st April 2024Advisory Self Enablement For e Invoicing 1 If your turnover exceeds INR 5 crores in the financial year 2023 2024 you will be required to start e Invoicing from

Gujarat's GST Department Sees 43% Drop in GSTIN ApplicationsGujarats GST department has observed a substantial 43 decline in the monthly average of GSTIN Goods and Services Tax Identification Number applications since No

23rd May 2023 compilation

બોગસ વેપારીઓને ડામવાની કવાયતમાં પ્રમાણિક વેપારીઓને કોઈ કનડગત થશે નહીં: રાજ્ય જી.એસ.ટી. - Tax TodayReading Time: < 1 minute Spread the loveપ્રમાણિક વેપારીને કોઈ અધિકારી દ્વારા કનડગત કરવામાં આવે તો ડે. કમિશ્નર અથવા જોઇન્ટ...

Automated GST Scrutiny to trigger notices in cases of data mismatchesThe central governments rollout of automated scrutiny of Goods and Services Tax GST returns this week could lead to assessees getting notices in cases where the

10th May 2023 compilation

GST Dept Issues Important Advisory for Timely Filing of GST Returns1. It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March 23’ period on 20th April 2023’. On analysing the reasons, it was

E-Invoice Applicability limit Reduced to Rs.5 Crore from 1st August 2023E-Invoice Applicability limit Reduced to Rs.5 Crore from 1st August 2023 Notification No. 10/2023 – Central Tax Dated 10.05.2023. Notifications

Guidelines for Special All-India Drive against fake GST registrations– regardingGuidelines for Special All-India Drive against fake registrations– regarding gst-ins-01-2023Download

જી.એસ.ટી. માં બિલિંગ પ્રવૃતિ દ્વારા થઈ રહી છે મોટા પ્રમાણમાં કરચોરી!! - Tax TodayReading Time: 4 minutes Spread the loveતા. 05.05.2023 -By Bhavya Popat ક્યારેક જાણતા ક્યારેક અજાણ હોવાથી થઈ જાય છે...

જી.એસ.ટી. હેઠળ કરચોરને પકડવા જી.એસ.ટી. ડિપાર્ટમેંટ મે-જૂન મહિનામાં હાથ ધરશે વિશેષ અભિયાન - Tax TodayReading Time: 2 minutes Spread the loveનેશનલ કોઓર્ડિનેશન કમિટીની 24 એપ્રિલના રોજ મળેલ મિટિંગમાં જી.એસ.ટી. કરચોરી રોકવા અભિયાન ચલાવવા...

2nd May 2023 compilation

Now GST payment can be made through 23 banks; Know complete listNow GST payment can be made through 23 banks. 1. Axis Bank 2. Bank of Baroda 3. Bank of India 4. Bank of Maharashtra 5. Canara Bank 6. Central bank of

GSTN portal advisory: New facility to verify document Reference Number (RFN)New facility to verify document Reference Number (RFN) mentioned on offline communications issued by State GST authorities The GST portal ("System")

6th April 2023 compilation

Attention all! The Government has issued certain notifications regarding the GST , effective from April 1, 2023Late fee for GSTR 4 filed between Apr 1-Jun 30, 2023, for the quarters from Jul 2017-Mar 2019 or FY 2019-20 to FY 2021-22, will be restricted to Rs. 500.

જી.એસ.ટી. હેઠળ કંપોઝીશન કરદાતાઓ માટે જાહેર થઈ આ રાહતો - Tax TodayReading Time: < 1 minute Spread the loveજુલાઇ 2017 થી માર્ચ 2021-22 સુધી બાકી GSTR 04 માટે લેઇટ ફી ભરવામાં...

GST અંતર્ગત બુક્સ ઓફ એકાઉન્ટ ક્લોઝ કરતી વખતે ધ્યાનમાં રાખવાના મુદ્દાઓ ની સરળ ભાષામાં સમજુતી. - Tax TodayReading Time: 3 minutes Spread the loveતા: 01/04/2023 -By Prashant Makwana પ્રસ્તાવના નાણાકીય વર્ષ ૨૦૨૨-૨૩...

Big relief in GST Return filingReliefs in GST Regime: CBIC notifies Amendments to GST Return Filing Late Fees, Cancellation of Registration and Many More The Central Board of

રિટર્ન ના ભરવાના કારણે રદ્દ થયેલ નોંધણી દાખલો ફરી ચાલુ કરાવવા આપવામાં આવી તક!! - Tax TodayReading Time: < 1 minute Spread the love31.12.2022 પહેલા રિટર્ન ના ભરવાના કારણે રદ્દ થયેલ નોંધણી દાખલો કરી શકાશે પુનઃજીવિત...

31st March 2023 compilation

24th December 2022 compilation

You can now recover GST paid on under-construction property if the deal is called offOnce the finer details are worked out, buyers of under-construction property will be soon able to reclaim the GST paid on the property directly from the government if the person opts out of the deal and the time period for the developer to refund the money has expired.

Arrested for an alleged GST fraud to the tune of Rs 5 croreThe Economic Offences Wing of the police arrested Fatehgarh Sahib resident Jitender Singh Bhalla, alias Vicky, 39, Kharar resident Rajeev Poonga, 55, and Sector 49 resident Pushp Behal, 49, who allegedly committed the fraud by opening a firm in Dhanas on fake documents. Bhalla, Behal and Poonga forged the rent deed of the premises, took a … Arrested for an alleged GST fraud to the tune of Rs 5 crore Read More »

3 people held for GST fraud in ChandigarhThe three accused identified as Jitender Singh Bhalla alias Vicky 39 of Fatehgarh Sahib Rajeev Poonga 55 of Sunny Enclave Kharar and Pushp Behal 49 of PGI Socie

GST registration could not be suspended and cancelled on basis of direction of Head Office without assigning any reason; High Court sets aside cancellation orderGST registration could not be suspended and cancelled on basis of direction of Head Office without assigning any reason; High Court sets aside cancellation order HIGH COURT OF TELANGANA S.B.Traders v. Superintendent UJJAL BHUYAN, CJ.AND C.V. BHASKAR REDDY, J. W.P.NOS.39498 & 39502 OF 2022 OCTOBER 28, 2022 Registration – Cancellation of registration – Show cause notice … GST registration could not be suspended and cancelled on basis of direction of Head Office without assigning any reason; High Court sets aside cancellation order Read More »

Businessman gets 5 years in jail for GST input tax credit fraud of ₹17 croreBusinessman in Uttarakhand’s Haridwar district has been sentenced to five years in jail for an input tax credit fraud of ₹17 crore. The state’s Goods and Services Tax department said this was the first conviction for GST evasion in Uttarakhand. Businessman Surendra Singh has been convicted by the chief judicial magistrate Mukesh Chandra Arya under the … Businessman gets 5 years in jail for GST input tax credit fraud of ₹17 crore Read More »

BREAKING: CBI arrested tax department official case of Rs 20 lakh to close GST evasion caseCBI has arrested a Superintendent of CGST, Anti-Evasion Unit, Vashi, Navi Mumbai (Maharashtra) in a bribery case for demanding a bribe of Rs 20 Lakh for closing an investigation and not arresting accused in a GST evasion case. It was further alleged that the accused agreed to take Rs 10 lakh.Searches were conducted at the … BREAKING: CBI arrested tax department official case of Rs 20 lakh to close GST evasion case Read More »

17th December 2022 compilation

GST Council decriminalises 3 offences, focus now on widening tax baseThe latest meeting of the GST Council comes nearly six months after it's previous one in Chandigarh

14th December 2022 compilation

18% GST Is Payable On Work Contract Service Of Constructing Warehouse And Cold Storage Godown: AAR[ORDER UNDER SECTION 98(4) OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 AND UNDER SECTION 98(4) OF THE TEALANGANA GOODS AND SERVICES TAX ACT, 2017.] 1. M/s. Shree Constructions, 10-60/E, Shasthri Nagar, Near Razvi Chaman, Bommakal, Karimnagar, Telangana – 505 001 (36AJGPD3553L1Z5) has filed an application in FORM GST ARA-01 under Section 97(1) of … 18% GST Is Payable On Work Contract Service Of Constructing Warehouse And Cold Storage Godown: AAR Read More »

GST Council consider raising the monetary threshold for launching prosecution for tax evasionGoods and Services Tax (GST) Council will on Saturday consider raising the monetary threshold for launching prosecution for tax evasion, two people familiar with the Centre-state discussions said, as the federal indirect tax body aims to improve business climate and ease of doing business. The council is considering amending the penalty provisions for tax evasion, … GST Council consider raising the monetary threshold for launching prosecution for tax evasion Read More »

10th December 2022 compilation

GST registration restored which was cancelled without due service of Show Cause NoticeHC set aside order cancelling GST Registration on the grounds that SCN was not duly issued for cancellation of registration by State Tax Officer.

GST scam of 1 billion by telling business of 1000 croresarrested two accused including Praveen Jangid, accused of a vicious GST scam. Praveen Jangid is the master mind of cheating people in the name of GST through fake bills from fake company. Murlipura police station and GST department have arrested Praveen in the past. The accused, along with his accomplices, had earlier done a GST scam of 1 billion by telling a business of 1000 crores. DCP South Yogesh Goyal said that on March 10, 2022, the complaint of the victim Ramavatar Meena was registered on the court order. Meena told that her firm is by the name M/s Meena Steels. The accused firm M/s Prerna Sales Corporation registered office at Murlipura. Paid tax by purchasing goods on different dates through invoices. To whom at different times invai no. Without Tax GST Bill Amount Paid Date CGST SGST Taxed.

Higher sales in GSTR-1 and lower tax liability in GSTR-3BMenace of fake billing whereby seller was showing higher sales in FORM GSTR-1 to enable a purchaser to claim ITC but report suppressed sales in FORM GSTR-3B to lower GST liability.

13 people booked for using fake documents to get GST numbersOn a complaint file by the district GST Department the police have registered a case against 13 persons who had applied for GST numbers using fake documents Of

7th December 2022 compilation

GSTR 9 and 9C - Optional to Mandatory reporting in FY 2021-22As we are into 1st week of December 2022, the said month assumes comparatively more importance from GST compliance perspective since 31 December 2022 is the due date to furnish GSTR 9 and GSTR 9C for FY 2021-22. In this article, we would mainly comment on applicability of GSTR 9 and 9C along-with key pre-requisites. […]

Now Taxpayers can initiate Drop Proceeding for suspension of Registration at GST portal & revoke the suspension of RegistrationFacility to initiate Drop Proceeding for suspension of Registration at the GST portal and revoke the suspension of Registration. Let’s understand this enhancement: Log on to GST portal > Services > User Services > View Notices and Orders > Click on ‘Initiate Drop Proceeding’

Big Update for Taxpayers: GSTR-1 Late Fees Notice startedCentral Government has amended Section 37 & Section 39 of Central Goods & Service Tax Act (CGST), 2017 vide Notification dated 28th September 2022 with effect from 01 October, 2022. According to section 37(4) of CGST, Act, a taxpayer shall not be allowed to file GSTR-1 if previous GSTR-1 is not filed and as per … Big Update for Taxpayers: GSTR-1 Late Fees Notice started Read More »

GST collections are on a record-breaking spree!

6th December 2022 compilation

Applicability of GST on export of pre-packaged and labelled rice upto 25 kgAfter issue of GST notification no. 6/2022 dated 13th July, 2022, there was a doubt that whether pre-packaged and labelled rice upto 25 KG can be exported with payment of IGST. The answer to question has been duly given by Haryana Authority for advance Ruing vide its order dated 02.12.2022. Main extract of the advance […]

GST council likely to consider decriminalisation of GST law in 17th Dec MeetThe GST Council in its next meeting is likely to discuss the decriminalisation of offences under GST law along with raising the threshold of launching prosecuti

5th December 2022 compilation

Mixed Supply Levy Post GSTIn India, the GST was implemented beginning in July 2017. It is a 'supply' tax on goods and services. Identification of the supplier, or 'classification,' is essential to the practical workings of GST because it establishes the amount of tax, the duration of tax duty, and other procedural elements like invoicing and compliances.

ICAI releases Handbook on Annual Return under GSTAnnual Return under GST Introduction Goods and services tax hereinafter referred to as GST a consumption based value added tax is the tax levied on the purchase

Restrictions under CGST Rule 96(10) & Deemed Export under GST Law – Time to revisit?Export Oriented Units (EOUs) face unique challenges due to restrictions and lack of clarity in the GST Law in availing ITC, claiming refund of ITC etc., which may not be not there for any other industries.

4th December 2022 compilation

Key Amendments in Financial Year 2021-22 relevant for GST AuditAs we mark end of the financial year 2021-22 with respect to GST laws as next month we all would filing GST Annual returns normally called GSTR 9 & GSTR 9C wherever applicable, before filing the annual return it is very important to consider the major amendments that have been brought in Financial year 2021-22.

Chhattisgarh: Pvt firm director, employee held for GST fraud in RaipurThe director and accountant of a private firm were arrested in Chhattisgarhs Raipur on Tuesday for evasion of the Good and Services Tax GST by passing on fake i

In-depth Audit Programme & Checklist for conducting GST Audit - GST Audit Series (Part 2)An audit programme can be understood as written guidelines which can also mean an action plan which contains the broad details of work to be done by the auditor and his team. It would contain the evaluation of internal control processes in place and a list of audit procedures to be performed in order to obtain appropriate evidence.

GST revenue collections jumped 11% at Rs. 1.46 lakh crore in Nov 20221 45 867 crore gross GST revenue collected for November 2022 records increase of 11 Year on Year Monthly GST revenues more than 1 4 lakh crore for nine straight

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