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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.
To provide transparency in the telecom sector the forthcoming GST council meeting is been scheduled for June 22 in New Delhi. The council might recommend the requirement for definitive guidelines on the GST timing regarding spectrum allotment to telecom companies. The council can specify for the telecom companies the payment of license fees and spectrum […]
The Andhra Pradesh High Court held that GST ( Goods and Services Tax ) proceedings that do not have the Document Identification Number (DIN) are legally not valid. The bench of Justice Kiranmayee Mandava and Justice Nyapathy Vijay of the Andhra Pradesh High Court discovered that the impugned proceedings do not hold DIN. The court […]
The Madras High Court has remanded a GST order for reconsideration because of the absence of a mandatory personal hearing, as mandated under Section 75(4) of the Goods and Services Tax (GST) Act. M/s. Vaduvambikai Enterprises contested an order issued via the State Tax Officer without a personal hearing. Represented by P. Rajkumar, the applicant […]
The Madras High Court has set aside assessment orders issued u/s 63 of the Goods and Services Tax ( GST ) Act, 2017, and the cases were remanded for reconsideration. The writ petitions contested the orders enacted via the Deputy State Tax Officer and the Deputy Commercial Tax Officer of Mettur Circle. Annalakshmi Stores, the […]
Gross Direct Tax collections for the Financial Year (FY) 2024-25 register a growth of 22.19% Net Direct Tax collections for FY2024-25 grow at over 20.99% Advance Tax collections for FY2024-25 stood at Rs. 1,48,823 crore with a growth of 27.34% Refunds aggregating to Rs. 53,322 crore issued in the current fiscal The provisional numbers of […]
The GST council has recommended one additional GST return Form, GSTR-1A. A new optional form, lets you change your GSTR-1 for a specific tax period. This means you can: Latest Updates 01st August 2024 26th July 2024 Changes in GSTR-1A Before GSTR-3B Filing The Form GSTR-1A shall furnish, the flexibility feature in the amendment. GSTR-1A […]
The petitioner in the matter of Bheemaneni Projects v. Deputy Assistant Commissioner ST III, heard by the Andhra Pradesh High Court under Article 226 of the Constitution of India, asked for relief against the rejection of their appeal contesting an adjudication order and subsequent rejection by the 2nd respondent. The applicant, a firm headed by […]
By requesting the Centre to redress the grievances concerning Goods and Services Tax (GST), the Tamil Nadu Food Grains Merchants Association has written to the Union Finance Minister Nirmala Sitharaman. The president of the association S. V. S. S. Velshankar, said that when GST was incorporated, Finance Minister Arun Jaitley had expressed that when GST […]
The Madras High Court in a ruling set aside an order for GST obligation because of the non-payment under the Reverse Charge Mechanism (RCM). The matter, Tvl. Kwatra Karteek Vs Assistant Commissioner (ST)(FAC), is on the violation of natural justice principles and the applicant’s accidental error during filing Form GSTR 3B. The importance of due […]