Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The Goods and Services Tax ( GST ) assessment order is been quashed by the Single Bench of the Madras High Court where the applicant was disallowed from claiming the Input Tax Credit for incorrectly mentioning the Goods and Services Tax Identification Number ( GSTIN ) unintentionally. The applicant contested the GST assessment order through […]
The mother of a three-year-old boy suffering from Spinal Muscular Atrophy (SMA) is been permitted by the Kerala High Court to buy Risdiplam, an imported drug for treatment of the rare disease, without paying a 12% GST. When a writ petition filed by Amrita S. from Alappuzha came up for hearing Justice Gopinath P. passed […]
Mopidevi Venkata Ramana Rao, former Minister of Andhra Pradesh and current Member of Parliament, addresses a critical problem troubling businesses in India. In a letter to Hon’ble Finance Minister Nirmala Sitaraman, he advocates for the resolution of challenges surrounding Section 16(4) of the Goods and Services Tax Act, 2017. The Andhra Pradesh Tax Practitioners and […]
A network of 232 fake money-changing companies has been excavated by the Income Tax Department and detected tax evasion amounting to ₹1,000 crore via fraudulently generated Input Tax Credits under the Goods and Services Tax (GST) regime. Furnishing the information of the bogus process, the Chairman of the Central Board of Indirect Taxes and Customs […]
To develop an internal method desired to eliminate duplicate Goods and Services Tax ( GST ) notices sent to companies and individuals already under investigation by state goods and services tax authorities is been directed by the Central Board of Indirect Taxes ( CBIC ) to its field officers. Some instances show that the taxpayers […]
Finance Minister Atishi stated the plan of the state to strengthen its Goods and Services Tax (GST) administration, aiming for a faceless system. “In the fiscal year 2023-24, the tax collection for GST and VAT until January 2024 witnessed a growth of 13.96 per cent, compared to the previous year (until January 2023), reaching Rs […]
Delhi High Court in a judgment stressed the importance of complying with the statutory needs laid out in Section 74 of the Tamil Nadu Goods and Services Tax Act, 2017 (TNGST Act), in the case of Balaji Electrical & Hardwares Vs State Tax Officer (ST). The very ruling has set a precedent, assuring that the […]
Processed pulses received post-dehusking and splitting the grains are not similar to the whole pulse grains and not agricultural produce, making them taxable for goods and services tax (GST) at the rate of 18 per cent, ordered the Andhra Pradesh authority for advance rulings (AAR). For easing the transactions between wholesalers and millers or farmers […]
The Allahabad High Court ruled that when the Goods and Services Tax Regime was established in 2017, issues in downloading GST e-way bills were there. The difficulties were fixed and from April 2018 there were no problems in generating the same. Justice Shekhar B. Saraf ruled that keeping the penalty order under Section 129 of […]
