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This portal provides effective GST (Goods and Services Tax) news about what is going in the financial world such as filing, taxes, evasion of taxes, etc. The financial news will bring you the knowledge and are helpful for the CAs.
The Blogs on this portal will also tell you about the trending GST news and financial updates whether it might be from any government or non-government portal. You can also stream into the GST articles relevant to the GST REG, the updated scheme for the people of India, and awareness about how to manage or provide consultancy to the people of India in managing their businesses.
The blog will regularly provide press releases of the GST council meetings held by the finance minister of India. Moreover, people can also seek information about the petitions imposed by the applicant and the progress or the result of the cases.
The matter of Hydro Pneumatic Accessories India Pvt. Ltd. vs Assistant Commissioner of State Tax, heard by the Bombay High Court, stated crucial aspects of procedural fairness and natural justice in administrative proceedings. The blog discusses a comprehensive analysis of the decision, analyzing the implications of the findings of the court on the rights of […]
The Delhi High Court during witnessing the dispute for the principal place of business concerning canceling the registration mandated the applicant to file a detailed response to Show Cause Notice (SCN). The applicant, Deep Plastic Granules Trading Company filed the writ petition against the order of canceling the GST registration of the applicant for the […]
The Delhi High Court in a ruling asked for the re-adjudication since the same revealed the GST assessment order is flawed. It noted that the proper officer loses to regard the taxpayer’s detailed answer. The applicant impugned order, in which the impugned SCN, asking for the demand of Rs. 44,24,400.00 against the applicant has been […]
The Delhi High Court has awarded relief of as low as 5% Integrated Goods and Service Tax (IGST) towards importing dialysis machines by Fresenius Medical Care India Private Limited (FMC India). Dialysis machines covered under HSN Codes 9018 and 9031 are exposed to be taxed at 5%, essentially awarding a significant rebate of 7% on […]
Various large companies that obtained the GST demand notices intend to file a petition with the appellate authority. A rise in the number of GST notices has been sent before distinct companies, particularly on account of the alleged differences in the ITC. ICICI Lombard General Insurance Company Limited, received an order from the Additional Commissioner, […]
Madras High Court in a recent judgment in the case of Parthasarathy Narasimhan vs. Deputy Commercial/State Tax Officer stresses an influential issue arising from an error in GSTR-1 turnover reporting. The applicant challenged an assessment order that charged a substantial tax obligation, claiming that the reported turnover was erroneously high as of inadvertent error. The […]
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. […]
If a taxpayer deposits all taxes, interest, etc., and complies with other formalities the Proper Officer is then able to open the GST portal to enable the taxpayer to file GST returns. The Hon’ble Orrisa High Court for the matter of Akshya Kumar Sahu v. Commissioner, Central Goods and Service Tax & Central Excise [Writ […]
GAIL chairman Sandeep Kumar Gupta mentioned that the government should consider more stringent policy interventions if the country wishes to achieve its objective of exceeding than doubling the share of natural gas in the energy mix to 15% by 2030. The government must mandate the use of natural gas in refineries and steelmaking, and make […]