GST

Introduction: In recent developments, the Central Bureau of Investigation (CBI) has made a significant arrest involving corruption. An Inspector from the Central Goods and Services Tax (CGST) departme...

Introduction: The Ministry of Home Affairs (MHA) has announced a significant welfare measure aimed at supporting the personnel of Central Armed Police Forces (CAPFs) and their families. Under the lead...

Decoding the Concept of Aggregate Turnover under GST RegimeThe Goods and Services Tax (GST) has brought about a paradigm shift in the Indian taxation system, with the concept of Aggregate Turnover pla...

Unveiling the Intricacies of GST Audits: A Comprehensive Guide to Sections 65 and 66In the complex landscape of the Goods and Services Tax (GST) regime, audits play a crucial role in ensuring complian...

Introduction: The recent advisory on GSTR-1/IFF introduces two new tables, 14A and 15A, aimed at capturing amendments related to supplies made through e-commerce operators. This article delves into th...

Navigating the Complexities of Input Tax Credit in Special Circumstances under GST The Goods and Services Tax (GST) Act in India has established intricate provisions to govern the claiming of Input Ta...

Unraveling the Intricacies of Assessments under GST Regime The article "Unraveling the Intricacies of Assessments under GST Regime" provides a comprehensive overview of the various types of assessment...

Introduction: In a significant development, the Anti-Evasion branch of Central Goods and Services Tax (CGST) Commissionerate, Meerut, has successfully uncovered a large syndicate involved in a major I...

1. IntroductionThe Goods and Services Tax (GST) law, which refers to Central Goods and Services Tax Act, 2017 ('CGST Act'), Integrated Goods and Services Tax Act, 2017 ('IGST Act'), State Goods and Se...

Introduction: In a significant development, the Goods and Services Tax Network (GSTN) has successfully integrated E-Waybill services with four new Invoice Registration Portal (IRP) portals via the Nat...

Introduction: The Ministry of Finance recently made headlines with the arrest of the Finance Head of a prominent firm for alleged GST evasion amounting to a staggering Rs 88 crore. This incident, whic...

Brief Facts: M/s. Steelco Pvt Ltd (Name Changed) ('the Assessee') is engaged in the manufacture of steel products.During the manufacturing process, a small portion of inputs is inevitably lost, which...

Brief Facts: XYZ Pvt Ltd ('the Assessee') is a manufacturer of cosmetic products.The Assessee claimed input tax credit (ITC) on Corporate Social Responsibility (CSR) expenses incurred as per the manda...

Query: Subject: Query regarding chargeability of personal guarantee under GSTDear Editor,I am a tax professional working. Recently, we have been facing queries from our clients regarding the taxabilit...

Date: <DD/MM/YYYY> To, The Jurisdictional GST officer <PLACE>Dear Sir/Madam,Re.: Mr./ Ms./ Mrs./ M/s. <NAME OF INDIVIDUAL/FIRM/COMPANY> -GSTIN: <……….>Sub.: Reply to the Show Cause Notice No….. dated…....

Factual Background: ABC Ltd operates in the mobile phone trading sector and received accounting and taxation support from XYZ LLP in August 2022. However, an oversight led to the delayed issuance of t...

The Ministry of Finance recently announced impressive figures regarding the Goods and Services Tax (GST) revenue collection for February 2024. With a substantial increase in collections compared to th...

‍ HighlightsThe Allahabad High Court quashed a reassessment order against Flipkart, ruling assessment authorities must prove turnover was underreported.The burden of providing evidence for "reason to...

HighlightsThe Allahabad High Court quashed a GST order due to the Superintendent lacking jurisdiction based on the amount involved.The circular dated February 9, 2018, by the Indian Ministry of Financ...

CBI Arrests CGST Superintendent, Sentences Five for Bribery In recent developments, the Central Bureau of Investigation (CBI) has made significant strides in combating corruption. A CGST Superintenden...