Powerd By SAG INFOTECH
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In this article, SAG Infotech explains how the GST Department recovers tax amounts from debtors under Section 79(1)(c) of the CGST Act 2017. Speaker Om Birla cited that the world learns from the tax system of India. Under GST the whole country has to pay the uniform indirect taxes. Before that, each state had its […]
The Madurai bench of the Madras High Court held that the personal delivery or e-mail notice of the Goods and Services Tax (GST) order must be furnished before providing the GST portal or newspaper. It held that without this personal delivery, it breaches the provision of Section 169 of the GST Act, 2017. In a series of […]
The Ministry of Heavy Industries (MHI) has supported the proposal by the Society of Indian Automobile Manufacturers (SIAM), assisting in their request for lessening a reduction in GST rate on CNG-powered two-wheelers from the existing 28 per cent to 18 per cent and then to 12 per cent in stages. Bajaj Auto can be the […]
The Margin Scheme as foreseen under Rule 35(5) of the Central Goods and Services Tax (CGST) Rules, 2017 shall be applied to the sale of used lead acid batteries, plastic waste and scrap from aluminium, steel, copper and brass utensils, as stated by the Rajasthan Appellate Authority for Advance Ruling (AAAR). Appellate Authority provides the […]
On the recommendations of the 54th GST Council, the Central Government has issued Notification No. 22/2024 – CT dated 08.10.2024 and reported that any registered person against whom any order affirming demand for the incorrect claim of the ITC based on the violation of provisions of sub-section (4) of section 16 of the articulated Act […]
According to the report, the Gujarat State GST department has escalated its concentration on business-to-consumer (B2C) sectors, objecting to solving tax compliance issues. For potential tax evasion and non-compliance, industries like coaching classes, ice cream parlours, salons and mobile phone dealers are under the probe. Tax evasions are exposed in the raids that emerged recently […]
A notification from the Ministry of Finance dated January 6, 2025, providing the authority to the Directorate General of GST Intelligence (DGGI) to manage bogus activities under the Information Technology Act, 2000, and the GST Act, 2017. The measure hires the Additional and Joint Directors (Intelligence) at DGGI headquarters as nodal officers for implementing provisions […]
With the Goods and Services Tax (GST) implementation on July 1, 2017, businesses in India have experienced a thrilling shift. The same amendment has substituted a complex system of various indirect taxes with a single tax structure (One Nation, One Tax), particularly impacting cost, compliance, and functional effectiveness. GST objectives were to improve the operation […]
A bench of the Gujarat High Court has quashed the tax liability notices issued via the GST department that ask for recovering the tax on the GIDC plots transferred to third parties from their original allottees. The court ruled that GST does not apply to these transactions and rejected the government’s appeal to stay the […]
