GST ITC Rejected due to Claims filed beyond Period Specified u/s 16(4): Madras HC Directs to Re-do Assessment in Light of Finance Act, 2024 [Read Order]

In its ruling, the bench set aside the assessment order dated January 31, 2024, and directed the assessing officer to re-evaluate the case, taking into account the amendments introduced by…

Continue ReadingGST ITC Rejected due to Claims filed beyond Period Specified u/s 16(4): Madras HC Directs to Re-do Assessment in Light of Finance Act, 2024 [Read Order]

CBIC notifies Introduction of GST under RCM on Supply of Metal Scrap by Unregistered to Registered Person [Read Notification]

New Notification Shifts GST Liability to Buyers, Aims to Enhance Compliance in the Metal Scrap Industry Starting October 10, 2024 The Department of Revenue, Ministry of Finance, through a recent…

Continue ReadingCBIC notifies Introduction of GST under RCM on Supply of Metal Scrap by Unregistered to Registered Person [Read Notification]

Ex Parte GST Demand Order issued after 6 months of Post-SCN: Madras High Court sets aside Order [Read Order]

The bench observed that the absence of a personal hearing before issuing the impugned GST demand order amounted to a violation of the principles of natural justice The Madras High…

Continue ReadingEx Parte GST Demand Order issued after 6 months of Post-SCN: Madras High Court sets aside Order [Read Order]

Supply of Metering Equipment and Ancillary Electricity Services Exempted from GST: CBIC [Read Notification]

This exemption was followed by the GST Council recommendations, where it was recommended to exempt several services that are integral to the transmission and distribution of electricity The Central Board…

Continue ReadingSupply of Metering Equipment and Ancillary Electricity Services Exempted from GST: CBIC [Read Notification]

Affiliation Services provided to Government Schools by Educational Boards Exempted from GST, CBIC notifies [Read Notification]

The schools under the control of the Central or State Governments, Union Territories, or local authorities, as well as governmental entities, will benefit from this exemption moving forward The Central…

Continue ReadingAffiliation Services provided to Government Schools by Educational Boards Exempted from GST, CBIC notifies [Read Notification]

CBIC notifies 5% GST on Helicopter Passenger Transport on Seat-Share Basis, Regularizes Past Dues [Read Notification]

The notification specifies that the transportation of passengers, whether with or without accompanied baggage, by helicopter on a seat-share basis will be charged at the reduced GST rate The Central…

Continue ReadingCBIC notifies 5% GST on Helicopter Passenger Transport on Seat-Share Basis, Regularizes Past Dues [Read Notification]

Cab Service from Driver to Passengers through Yatri Sathi App does not amount to supply by App Developer: AAR [Read Order]

The chief issue sought to be addressed by AAR was whether the Applicant could be classified as an ‘electronic commerce operator’ under the GST Act The Authority For Advance Ruling,…

Continue ReadingCab Service from Driver to Passengers through Yatri Sathi App does not amount to supply by App Developer: AAR [Read Order]

Interest Charges to be Treated as Inward Supply for Calculating 80% Threshold Limit under GST: AAR [Read Order]

The primary question posed by the Applicant pertained to the includability of interest charges against finance scheme as an inward supply The West Bengal Authority for Advance Ruling ( AAR…

Continue ReadingInterest Charges to be Treated as Inward Supply for Calculating 80% Threshold Limit under GST: AAR [Read Order]