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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.
FM Explains GST Revenue SharingIn response to the Opposition’s call for eliminating GST on health and life insurance, Finance Minister Nirmala Sitharaman stated that about three-fourths of the revenue generated is transferred to the states. She suggested that those who are protesting should direct their concerns to their respective state finance ministers. Before the start […]
The petitioner Metropolitan Transport Corporation Limited is a Government of Tamil Nadu operating the business of providing passenger transportation services. As per the Goods and Services Tax Laws, this primary business activity of the petitioner falls under the exempted category. The petitioner furnished a copy of the challan on 12-02-2024 proofing the payment of application […]
Order Section 73 of the Goods and Service Tax Act, 2017 cannot be passed to a company under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, the Allahabad High Court ruled. Section 73 of the Goods and Service Tax Act, 2017 designates a proper officer to start proceedings if he […]
GST council furnished the notices before 20 general insurance companies with the functionality in Special Economic Zones (SEZs), asking for Rs 2000 crore in unpaid dues pertinent to the services furnished before the employees of industrial units within these zones and their families. The companies that have received show-cause notices from the Directorate of GST […]
To redefine India’s tax landscape, the Finance Minister’s Budget 2024 presentation in Parliament shows a game-changing addition to the GST framework. The updated section 74A changes GST compliance and enforcement in the country. Taxpayers, businesses, and tax professionals across India wish to learn about the implications of the same new section and what it demonstrates […]
It was ruled by the Telangana High Court in the case that the SCN should comprise the information on fraud, wilful misstatement, or suppression of facts for cancelling the GST registration as under Section 29(2)(e) of CGST Act, 2017. Justice Sujoy Paul and Justice N. Tukaramji marked that “Needless to mention that the show cause […]
The supply of Residential Flat Construction services involves the Transfer of Undivided Shares of Land can draw an 8% Goods and Services Tax, ruled by the Chennai Authority for Advance Ruling. A copy of the challan on 22.04.2023 has been furnished by the petitioner for the application fee payment of Rs 5000 under Rules of […]
While quashing the detention order the Madurai Bench of Madras High Court ruled that if an invoice, bill of supply, delivery challan, or bill of entry and a valid e-way bill in physical or electronic form for verification are available, then no action may be initiated. It was remarked by the bench of Justice S.Srimathy […]
The Gauhati High Court ruled that the State GST Authorities cannot take advantage of Notification No. 56/2023-CE, which is also otherwise ultra vires the CGST Act, 2017. Notification No. 56/2023-CE related to The bench of Justice Devashis Baruah has remarked that the GST Council has not made any suggestion to date, and despite that, the […]