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…
Considering the addition made without any corroborative evidence, ITAT reversed the 8 Lakhs addition made by the AO The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) reversed…
The GSTN officially confirmed the launch of this feature through an advisory issued on September 3, 2024. The IMS will be available to taxpayers starting October 1, 2024 The Goods…
The tribunal noted that there was no corroborative evidence to support the claim of unaccounted sales The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) stated that torn…
The highest demand was issued by Assistant Commissioner, Large Taxpayer Unit of West Bengal of Rs. 33,44,72,827 Vodafone Idea ( Vi ), one of India’s leading telecommunications companies, has been…
The aim of issuing circular is to improve the quality of GST orders, reduce litigation, and secure the government revenue The Tamil Nadu GST Department recently issued Circular No. 08/2024…
GST Officer forced the Director of petitioner companies to withdraw the money from his personal bank account and deposit it for the company’s credit The Delhi High Court directed the…