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Breaking news:

Fake GST invoice racket: 357 arrested so far, including 12 CAs

In the fake GST invoices fraud, the DGGI had apprehended 357 people comprising 12 Chartered Accountants (CA), an advocate, and a company secretary (CS). The...

Proceedings without assessment is void ab initio.

Case Details: Particular Details Case No. W.P. NO. 26187 of 2019 Case Name V.N. Mehta & Company v. Assistant Commissioner, Nungambakkam, Chennai Court Madras High Court Date of Judgement 08-11-2019 Citation GIG-CLS-0083   Issue- In the above case,...

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Declaration of Taxable turnover in form GSTR 3B by E commerce operator

According to Section 2(44) of CGST Act, 2017, ‘Electronic...

Recent Advance Rulings

20% limit under Rule 36(4) is to be seen Act wise and no refund of amount deposited

The new Rule 36(4) has created waves across all assessees. For the first time, a serious examination of...

Rule 36(4) – Is it intra vires the Act?

While Rule 36 provides for the condition of entitlement, Section 49 read with Rule 86 provides for as to how much ITC shall be credited to the electronic credit ledger.  There is a big difference between entitlement and crediting of amounts to the ledger.  Any restriction on entitlement should be brought by way of Section 16, while any restriction on the crediting of such amount in the electronic credit ledger should be brought vide Section 49.  The Sub Rule provides for the restricting the entitlement itself (as it forms part of Rule 36), which means that ITC which was otherwise available to him has been made ineligible merely on account of non uploading of details by the supplier.

GST Updates

GST on Services provided by Charitable trusts registered under section 12A of Income Tax Act, 1961

Swayam, In re Ruling by: Authority for Advance Ruling, West Bengal Facts: The applicant was a charitable trust under section 12A of Income Tax...

Member's Query

Important Judgements

Weekly Updates

Sector wise GST Updates

GST on Membership Subscription

Rotary Club of Mumbai Queens Necklace, In re Ruling...

GST on Refundable interest free deposit

Rajkot Nagarik Sahakari Bank Ltd, In re Ruling by:...

GST on interest subvention scheme

Daimler Financial Services India (P.) Ltd, In re Ruling...

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Case Details: Particular Details Case No. WP(MD)No. 24778 of 2022 Case Name Ramki Cements Pvt...

Government Release

Latest Articles

Seminar On GST May Be Held As A Part Of Vibrant Gujarat Summit

AHMEDABAD : A special seminar on Goods and Services Tax (GST) may be organised as a part of Vibrant Gujarat Global Investors' Summit, state government...

Foreign Investors Buy Rs. 34,000-Crore Shares In 17 Sensex Companies In Q2

"Market experts said a slew of factors including sound progress in rollout of GST, better corporate earnings and the Federal Reserve's decision of not...

MP to become India’s supply hub post GST roll out: Arun Jaitley

"MP which has been reporting over 10 per cent growth in the past few years is no more BIMARU as it has achieved all...

14% annual growth rate over the 2015-16 value added tax (VAT)

Looks like the 14% annual growth rate over the 2015-16 value added tax (VAT) revenue base assumed for compensation to states losing revenue due...
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GST Can be Paid via Debit, Credit Cards: Adhia

Individuals and entities can pay taxes online using debit or credit cards once the Goods and Services Tax (GST) is rolled out, Revenue Secretary...

GST law to boost domestic demand, drive job creation, PM Narendra Modi Said :

NEW DELHI: The Goods and Services Tax law will boost domestic demand, create more opportunities for domestic business and drive job creation, Prime Minister...

IGL chief bats for inclusion of natural gas products in GST

E S Ranganathan, managing director of Indraprastha Gas Ltd (IGL), is batting for inclusion of natural gas, piped natural gas and compressed natural gas...

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Some Important

Association of Inner Wheel Clubs of India, In re [11/WBAAAR/2018]

Ruling by: Appellate Authority for Advance Ruling, West Bengal Facts The...

GST on Membership Subscription

Rotary Club of Mumbai Queens Necklace, In re Ruling...

GST on Refundable interest free deposit

Rajkot Nagarik Sahakari Bank Ltd, In re Ruling by:...

GST on interest subvention scheme

Daimler Financial Services India (P.) Ltd, In re Ruling...

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Case Details: Particular Details Case No. WP(MD)No. 24778 of 2022 Case Name Ramki Cements Pvt...

Anticipatory Bail for offences committed under GST Act

Case Details: Particular Details Case No. Bail Appln. No. 3771 of 2021 Case Name Tarun Jain...