Govt plans to use fraud analytics to analyse GST data, check tax evasion
With instances of tax evasion on the rise, authorities are keen to bring in fraud analytics to analyse goods and […]
GST Recent News
GST Recent News
CBEC releases simplified Anti-profiteering application form ‘APAF – 1’
CBEC releases simplified application form for anti-profiteering complaints; Accordingly, affected consumers can file their grievance using Form APAF-1, which is
Important Pronouncements
HC : Chit fund transactions non-taxable before 2015; Refunds subject to ‘unjust enrichment’ test
HC upholds non-taxability of chit funds business prior to 2015, states that issue is no longer res integra in view
Important Pronouncements
High Court Invokes natural justice principles; Rejects reassessment, denying lessor ITC of motor vehicles
HC quashes reassessment u/s 39 of Karnataka VAT Act denying input tax credit (ITC) to assessee-lessor on ground that tax
Important Pronouncements
Returns filed by E-mode are not generated and accepted by department; still to be accepted provisionally
Returns filed by the electronic mode are not generated on the website of the Department, and thus were not accepted;
Important Pronouncements
Goods couldn’t be seized merely because movement of goods started one week after the invoice date: Allahabad HC
Section 67 of the Central Goods and Services Tax Act, 2017 – Goods of assessee were seized on ground of
Uncategorized
GST registration must for contractors: Jupally
Panchayat Raj Minister Jupally Krishna Rao said contractors who took up government works must register themselves and pay taxes as
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GSTN Portal could not be programmed in violation of provisions of GST Acts and Rules made thereunder : Delhi HC
Since mandate of Common Goods and Services Tax Electronic Portal is to facilitate registration, payment of tax, furnishing of its
GST Recent News
Advisory for change in taxpayer type from SEZ to Regular or Regular to SEZ
GSTN issued an advisory for change in taxpayer type from SEZ to Regular or vica versa. Accordingly, Migrated taxpayers who
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Bombay HC refuses to strike down 1 year transitional credit limitation
Bombay HC dismisses writ petition challenging constitutional validity of Section 140(3)(iv) of CGST Act, refuses