Tax liability can be paid in monthly installments
The Hon’ble Madras High Court in the case of M/s Ohm Srinivasa Paper Boards (P.) Ltd. v. Assistant Commissioner of […]
Important Pronouncements
Important Pronouncements
Supreme Court reaffirms royalty is not in the nature of tax as review petition filed dismissed
The Hon’ble Supreme Court in the case of Karnataka Iron and Steel Manufacturers Association v. Mineral Area Development Authority (Diary
54th GST Council
CBIC notifies new Rule 47A – Time limit for issuing tax invoice in cases where recipient is required to issue invoice
Background: In accordance with the GST law, when a registered person receives supplies from an unregistered person and is liable
54th GST Council
CBIC Omits Rules 96(10), 89(4A), and 89(4B) from the CGST Rules, 2017 to Simplify and Expedite Export Refund Procedure
Background: In the 54th GST Council Meeting held on September 09, 2024 recommended to clarify that where the inputs were
54th GST Council
Insertion of Section 74A in various Sections w.e.f. November 01, 2024
The 53rd GST Council Meeting held on June 22, 2024 recommended amendments in Section 73 and Section 74 of the
54th GST Council
CBIC notifies reduction of the quantum of pre-deposit required to be paid for filing of Appeals under GST
Background: The 53rd GST Council recommended reducing the amount of pre-deposit for filing of appeals under GST to ease cash
54th GST Council
CBIC notifies the GST Amnesty Scheme Procedure and conditions for waiver of interest or penalty or both for FYs 2017-20
Background: Section 128A was first announced in the 53rd GST Council meeting held on June 22, 2024. Thereafter, on July
CBIC, Notification And Circular, Notification and Circular
Govt notifies the Union Territory Goods and Services Tax (Ladakh) Rules, 2024
The Ministry of Finance vide Notification No. 02/2024 – Union Territory Tax dated October 07, 2024, notifies the Union Territory
GST Recent News
Government to Operationalise All GST Appellate Tribunal Benches by November-End to Clear Backlog
The government is likely to operationalise all the benches of the GST Appellate Tribunal (GSTAT) by November-end, as it aims
Important Pronouncements
Bank Accounts can be defreezed, which were reattached after Lapse
The Hon’ble Supreme Court in the case of RHC Global Exports Pvt. Ltd. & Ors. v. Union of India [SLP(C)