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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...

Demand of interest on delayed payments of tax without considering the detailed submission of Noticee is not sustainable.

Case Details: Particular Details Case No. Civil Writ Petition No. 12419 and 12416 of 2022 Case Name Hindustan Construction Company Ltd. v. Union of India Court Rajasthan High Court Date of Judgement 15-12-2022 Citation GIG-CLS-0079   Issue- In...

Popular:

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

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

According to Section 2(44) of CGST Act, 2017, ‘Electronic Commerce means the supply of goods and services or both, including digital products...

Member's Query

Important Judgements

Weekly Updates

Sector wise GST Updates

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...

Government Release

Latest Articles

GST Body Weighs @ 16% Tax on Gold Jewellery

  The Goods and Services Tax Council, which will decide the GST rates, has discussed levying 16% GST rate on gold jewellery, cutting customs duty...

GST: 8th of November is the D-day for migration of eight million assessees

"GSTN to get real time import data from CBEC for levy of iGST, says official" Come November 8, and the Goods and Services Tax Network...

GST: One tax, many voices; council divided over rate structure, dual control

Unable to cobble together an agreement on two crucial issues of the proposed goods and services tax (GST), rate structure and jurisdiction over tax...

Congress to oppose 28% GST rate in parliament

Congress spokes person says, We are not against GST but we are concerned about the impact of the four-tier structure The Congress has hardened its...
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Some Important

GST on Refundable interest free deposit

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

Daimler Financial Services India (P.) Ltd, In re [16/AAR/2019]

Facts: M/s. Daimler Financial Services India (P.) Ltd. (‘DFSI’) was...

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...

Transition of Excess TDS available from Pre-GST Regime to Post-GST Regime.

Case Details: Particular Details Case No. W.P. (T) NO. 4572 of 2021 Case Name Anvil...