Browsing category
The portal provides eminent updates about the ongoing details and news on GST filing, taxes, news on evasion, etc. Such news will keep you updated about the information of everything going on in the Goods and services tax arena.
Also, our SAG infotech blog gives updates about the trending GST news where one can find the relevant information on the latest tax slabs updated. Also, find complete information based on the discussion and important things in the meeting held by the finance minister of India known as the GST council meeting. The GST articles held about the GST REG forms, faceless schemes, updated policies are also included on the portal.
The news about various cases applied by the petitioner along with the judgment held is also available in our portal. The trending details about the financial governing bodies and their decisions and ruling will be updated, thus you will need to continuously visit our portal for more information so as to get the updated details.
Attention all taxpayers! The GST department has announced that starting from 1st September if you don’t have a valid bank account linked to your GST registration number, you won’t be able to file the GSTR-1 form under a new rule called GST Rule 10A. Effective Date for New GST Rule 10A Enforcement GST assessee should […]
Post-closing the pre-show cause notice for Infosys pertinent to FY 2017-18, the investigation officials will analyze whether full ITC was claimed towards the expenses made via the overseas branch offices from FY19 to FY22. A procedure to solve the issuance of the notices to Infosys along with the foreign airlines and shipping council is anticipated […]
An updated advisory has been issued by the Goods and Services Tax Network ( GSTN ) on the new statement titled RCM Liability/ITC Statement on the Goods and Services Tax ( GST ) portal to assist the assesses in precisely reporting the Reverse Charge Mechanism ( RCM ) transactions. The same statement has the objective […]
It was ruled by the Allahabad HC that the production of tax invoice, e-way bill, GR, or payment details is not enough to show the actual physical movement of the transaction for the objective of claiming the ITC u/s 16 of the Goods and Service Tax Act, 2017. Section 16 of the Goods and Service […]
It was ruled by the Calcutta High Court that the failure to comply with the legal provisions which obligate the consideration of explanation on the taxpayer’s end before passing the adverse order, breaches these orders. It was ruled by the High Court that so while acknowledging that the applicant was prevented from filing his reply […]
The Madras High Court has forgiven a one-day delay in filing the 3B return form and set aside the ITC reversal notice issued via the Goods and Services Tax (GST) department. It was noted by the court that the one-day delay required consideration. The bench of Justice Krishnan Ramasamy discovered that the applicant’s delay was […]
In between an ongoing legal battle on the GST application for Joint Development Agreement (JDA) in the real estate sector, the GST Council is anticipated to look into the problems, as the Group of Ministers recommended, on September 9 2024. It is anticipated that a GoM is likely to meet this week. The key terms […]
The Goods and Service Tax Appellate Authority asked Bharti Airtel to pay INR 194 crore GST on license fees and spectrum usage charges asked by the Department of Telecom, a regulatory filing said. The case is related to the demand for tax of INR 604.66 crore by the GST department under the RCM (reverse charge […]
The Hon’ble Madras High Court in Veeran Mehhta v. Deputy Commercial Tax Officer and Deputy State Tax Officer [Writ Petition No. 15789 of 2024 dated June 25, 2024], asked the disposal of the Order on January 22, 2024, which was established on a belatedly filed Form GSTR-1, for the incorrect assessment period. The Court said […]