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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 government ensures non-banking financial companies (NBFCS) that it will inspect the concerns around the charge of goods and services tax (GST) on their co-lending arrangements with banks. As per the officials, a clarification can be furnished after the problem is seen into. Banks and NBFCs ask for the issue of GST authorities serving notices, […]
The Delhi High Court asked the appropriate officer to expedite the refund process for a petitioner who asked the Court to direct the refund of a sum of Rs.81,79,52 u/s 54 of the Central Goods and Services Act,2017. The applicant, AJ Flight Reservations Pvt. Ltd., represented by Advocate Vineet Bhatia, had filed a refund claim […]
The Delhi High Court in its judgment addressed the matter of Mudita Express Cargo Private Limited versus the Commissioner, State Goods and Services Tax, Delhi & Another. A tax demand of Rs 2.4 crore against the petitioner has been quashed by the court citing inadequate reason for rejecting their response to the Show Cause Notice […]
In getting licenses in the Goods and Services Tax (GST ) regime, the Federation of Indian Micro and Small & Medium Enterprises (FISME) and Tamil Nadu Chamber of Commerce show the issues faced by online micro, small and medium enterprises (MSMEs) and sellers in Tamil Nadu The industry body in a statement quoted that in […]
Services furnished via Indian information technology (IT), marketing, and consulting companies to foreign clients might not always draw integrated goods and services tax (IGST) if a ruling by the Authority for Advance Rulings’ (AAR’s) Telangana Bench becomes a precedent. In the case of referral services furnished under the Hyderabad-based Center for International Admission and Visas […]
The Allahabad High Court ruled that it is obvious that the only breach is a technical one wherein the E-Way Bill was not present in the vehicle while quashing the Goods and Services Tax (GST) SCN and Penalty Order for alleged tax evasion. For transporting goods without an E-Way Bill the petitioner’s vehicle was intercepted […]
A 10% pre-deposit for the reconsideration of a case where the petitioner was clueless about Goods and Services Tax (GST) proceedings because of the failure of their GST consultant to inform them about the disparity between GSTR 3B and GSTR 2A, as obligated by the Madras High Court in a ruling. The applicant, Muthu Traders […]
As the adjournment request of the applicant was disregarded and no chance was provided, the Madras High Court quashed the Goods and Services Tax (GST) demand order. The applicant, Sri Nallamal Steels received SCNs on 05.02.2024 regarding diverse financial years, except for 2021-2022, with a due date for reply by 07.02.2024. Even after the applicant’s […]
The Allahabad High Court in a judgment addressed the problem of levying the penalties for non-filing of Part-B of the GST E-Way Bill without proof of intention to evade tax. The case, Rs Industrial Solutions vs Additional Commissioner Grade 2, sheds light on the interpretation of tax laws and penalties under the Act. The matter […]