Gist: The 54th GST Council Meeting clarified various changes on the GST Rated of Services The Union Finance Minister Nirmala Sitharaman chaired the 54th meeting of the GST Council today…
Currently, the GST law allows businesses to claim ITC on goods used for business purposes, but it has been unclear whether demo cars fall under this provision In the press…
The SCN failed to provide specific allegations of fraud, misstatement, or suppression of facts In a recent ruling, the Delhi High Court has set aside the cancellation of Goods and…
Bombay High Court Requires Written Orders for Provisional Attachment to Safeguard Revenue In a recent case before Bombay High Court the petition was allowed in absence of written reasoning mandated…
This issue has sparked frustration among taxpayers, many of whom claim to have been using the same bank account for years, without previously facing such problems In a recent development,…
The Delhi HC observed that Section 167(2)(a)(ii) of the CrPC has been recognized by the apex court as a constitutional right to bail when procedural delays occur In a recent…
Where benefit of the specified concessional/ exemption notifications is availed on the inputs, the Council recommended to prospectively omit rule 96(10), rule 89(4A) & rule 89(4B) from CGST Rules, 2017…
The GST Council has recommended inserting Rule 164 into GST Rules, detailing the procedures and conditions for waiving interest or penalties on tax demands under Section 73 of the Act…
It would also provide an opportunity to the retail customers to verify the reporting of the invoice in the GST return The GST Council, in its 54th meeting chaired by…
The recipient of the metal scrap—who is a registered entity—will bear the responsibility of paying the GST on the supply, as the supplier remains unregistered The 54th GST ( Goods…