12 Sep 24

E-Invoicing System to Enable GST Refunds for Foreign Tourists

Top IT Firms TCS, Infosys, Tech Mahindra Hit with Wave of GST Notices Across Multiple States

Ram Temple Construction in Ayodhya to Generate Rs 400 Crore in GST Revenue: Champat Rai

Educational Institutions Receive GST Exemption on Research Grants

Delhi ITAT: No Need to Maintain Books of Account for An Agriculturalist U/S 44AA to Claim Tax Exemption U/S 10(1)

Delhi HC: IT Assessment Can’t Be Re-opened Without Any Evidentiary Material U/S 148

11 Sep 24

GST Exemption Granted for Research Grants to Educational Institutions

Deputy CM Bhatti Urges Reduction in GST on Insurance Premiums for Senior Citizens

54th Council Proposes the Removal of GST Rules 96(10), 89(4A), and 89(4B) for Exporters

More Namkeens at the Same Rate, Center Slashes GST Rate to 12% from 18%

10 Sep 24

Payment Firms Hit with GST Demand for Transactions Under Rs 2000: Report

Gujarat HC: Delayed Filing of 10-IC Form Won’t Affect Reduced Tax Rate if Conditions of Section 115BAA Are Met

54th GST Council Meet Recommends IMS and New Ledgers to Streamline ITC Claims

54th GST Council Meeting: Changes/Clarifications in GST Tax Rates

54th GST Council Meeting: Key Recommendations on Trade Facilitation and GST Compliance

09 Sep 24

Payment Firms Hit with GST Demand for Transactions Under Rs 2000: Report

FM Urges Industry to Leverage PLI Schemes for Accelerated Investments

Lower GST on Insurance May Not Benefit Buyers, Experts Warn

Ahmedabad Businessman Denied Bail in Rs 175.93 Crore GST Refund Scam

08 Sep 24

54th GST Council Meet to Discuss Extending E-Invoicing Mandate to B2C Transactions

FM Sitharaman: No Centre-State Friction on GST, Federal Structure Must Be Respected

New GST Filing Rules to Boost Transparency and Efficiency, Experts Highlight Key Changes

07 Sep 24

54th GST Council Meeting to Focus on GoM Reports on Rate Rationalization and Real Estate Reforms

GSTN: Biometric-Based Aadhaar Authentication Rolled Out for GST Registration in Bihar, Delhi, Karnataka & Punjab

Centre May Levy 18% GST on PAs Below 2K Via Debit & Credit Cards

Delhi ITAT Cancels Tax Penalty u/s 270 Due to Income Discrepancy Caused by Auditors’ Incorrect Recording of WDV in Audit

02 Sep 24

GST collections increase by 10% to reach ?1.74 trillion in August

CBDT rolls out Dispute Resolution Scheme (e-DRS) 2022 to minimise litigation

Siemens Hit with Rs 29.4 Crore Tax Demand from Income Tax Department

Infosys Hit with Rs 3 Crore Tax Penalty Over Alleged Discrepancies in ITC and Payments

01 Sep 24

Shipping Corporation Faces Rs 160 Crore GST Demand for FY20 Due to Input Credit Mismatch

CBIC to Notify GST Provisions Under Finance Act 2024 Post 54th GST Council Meeting on 9th September

SCI Faces GST Controversy: ?160 Crore Demand Notice for FY 2019-20

31 Aug 24

GST E-way Bill Expiry Due to Lack of Route Can’t Be a Ground for Applying Section 129: Allahabad HC Rejects Order

P&H HC Quashes ?128 Cr Fine Imposed on LAO for Failure to Deduct TDS from Interest on Increased Compensation

Delhi ITAT: Routine Support Services Can’t Be Classified as FTS Under India-UK DTAA

27 Aug 24

Mandatory Biometric Aadhaar Authentication & Document Verification for GST Registration in Dadra and Nagar Haveli, Daman and Diu and Chandigarh

Ministers panel on GST reviews rates of several categories

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1

26 Aug 24

Unlinked PAN with Aadhaar Result in High Tax Demands, Putting Firms in a Difficult Position

Payment, GST Invoice, E-way Bill Insufficient to Prove Physical Movement of Particular Goods: HC Upholds Penalty U/S 74

All About New RCM Liability/ITC Statement Under GST Regime

25 Aug 24

GST Portal Introduces RCM Liability/ITC Statement.

GSTN Issues Advisory for Furnishing Bank Account Details Before Filing GSTR-1/IFF

Delhi CESTAT: Wrong Address Cited in Invoices Can’t be a Valid Reason to Reject CENVAT Credit

24 Aug 24

Calcutta HC: Non-compliance with the Statutory Provision of Section 75(4) Invalidates the GST Order

GoM Defers GST Slab Changes, Focuses on Rate Review Across Sectors

Madras HC Allows One-Day GSTR-3B Filing Delay and Dismisses ITC Reversal GST Notice

23 Aug 24

Madras HC: GST Authority Must Rectify Mistakes in GSTR 1 Made by the Assessee

Kerala HC: Delay Condonation Applications Should Be Judicious, Not Hyper-Technical

New Fear for Companies, CBDT Seeks Explanation for Major Discrepancies in Their Reported Incomes

FM Sitharaman: Increase in Tax Collections Reflect India`s Growing Economic Formalization

FM Sitharaman Pushes for RRBs to Boost Credit Flow to MSMEs in Cluster Areas