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The observations of the Gujarat High Court in an interim order have been removed by the Supreme Court on March 12 that statutory protection of the good faith clause u/s 157 of the Goods and Services Tax Act may not be available to the GST officers who operated a search operation in the instant case. […]
A detailed standard operating method for officials of the Directorate General of GST Intelligence (DGGI) is been approved by the Central Board of Indirect Tax and Customs (CBIC) accompanying certain instructions for their conduct at the time of the tax investigation, summons, and searches to rectify the simplicity of business procedure and to avert any […]
A demand notice of Rs 1.45 lakh cr has been issued to nearly 1500 businesses in December by the Goods and Services tax authorities. Because of the inconsistencies in annual returns and input tax credit claims for the financial year 2018, the notices were issued as per the officials. Due to the last date for […]
The Kerala High Court clarified that officials are authorized to use their power of arrest according to Section 69 of the Kerala State Goods and Services Act, 2017 if they have reasonable grounds to believe that an offence under Section 132 has occurred and that custodial interrogation is necessary. Section 132 (1) outlines penalties for […]
The central tax officials fetched the GST evasion surged to Rs 44,170 cr between April 2019 and October 2023, in Karnataka which directed the arrest of at least 30 people. But the recovery shall stand at only Rs 9,187 crore, accounting for only 20% of the evaded amount. As per the Ministry of Finance data, […]
This post discusses some of the basic effective strategies which are helpful for GST officials. They can be used to prevent input tax credit fraud. This technique provides a complete process for handling and determining possible fraudulent actions related to claiming ITC, which can assure tax compliance and save the integrity of the GST system. […]
Around 1,000 multinational corporations (MNCs) operating in India have recently been served with tax demands by the goods and services tax (GST) authorities. These demands pertain to a GST 18 per cent tax on salaries and allowances paid to foreign expatriates (expats) by their parent companies abroad. Over the past few weeks, tax demands ranging […]
On 25th August, the Supreme Court issued the notice for the two identical writ petitions that have been filed under Article 32 of the Constitution of India, contesting the constitutional validity of multiple provisions of the Central Goods and Services Tax Act, 2017 (CGST Act) including Section 69 (i.e., power to arrest), 70(1) (i.e., power […]
Concerning rescuing the assessee, the officials of the Commissioner of Goods and Services Tax have been reprimanded by the Delhi High Court for delaying the case stating their conduct as improper. A bench made up of justices Amit Mahajan and Vibhu Bakhru fined the authority Rs 5,000 for harassing Jupiter Exports by sending a tax […]
