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The Jammu and Kashmir High Court has ruled that trade between Jammu and Kashmir and the Pakistan-occupied Kashmir, or PoK, across the Line of Control is intra-state trade and no GST can be imposed on it. The trade across the LoC has remained suspended because of hostilities between India and Pakistan since 2019. The ruling […]
In November, India’s gross goods and services tax (GST) collections marked the lowest monthly mop-up since February 2024. The collection on a year-on-year basis has dropped by 0.7% as per the official data. The moderation specifies the effect of rate rationalisation with taxes on most items of consumption being dropped. In November, the net GST […]
Integrated Goods and Services Tax (IGST) Input Tax Credit (ITC) declared in GSTR-9 can be set off against tax demand if skipped in the monthly GSTR-3B, the Calcutta High Court held. Justice Om Narayan Rai bench said that the appellate authority did not give an explanation why the IGST ITC declared in GSTR-9 cannot be […]
The Delhi High Court stated that a provisional attachment order under section 83 of the Goods and Services Tax Act, 2017 (GST Act) cannot continue after its statutory one-year period, directing the de-freezing of a GST-implicated entity’s bank account while charging a minimum-balance requirement. A petition has been filed by M/s Aar Gee Impex contesting […]
The Appointments Committee of the Cabinet (ACC), in an administrative development, has approved the appointment of Shri Vivek Chaturvedi, a 1990-batch IRS (Customs & Indirect Taxes) officer, as the new Chairman of the Central Board of Indirect Taxes & Customs (CBIC). The Department of Personnel & Training (DoPT) has issued the appointment order on 28th […]
In a writ petition, the Delhi High Court has upheld the Show Cause Notice (SCN) issued by the GST Department, which was based on an intelligence, by the Income Tax Department. The Division Bench, Justice Prathiba M. Singh and Justice Shail Jain ruled the challenge to the SCN as ‘premature’ and noted the existence of […]
The Jammu & Kashmir Branch of NIRC of The Institute of Chartered Accountants of India (ICAI) organised a seminar on “GSTR-9, GSTR-9C & GST Litigations” at ICAI Bhawan, Canal Road. Under the banner of the GST & Indirect Taxes Committee of ICAI, the programme was conducted and witnessed enthusiastic participation from members. P. K. Bhat, […]
The Allahabad High Court has pulled up GST authorities for passing frequent orders for the cancellation of GST registration of traders without giving reasons and said it amounted to ‘economic death’ as it imposes disproportionate hardship on them and disrupts legitimate business activities. Depriving a dealer of this statutory lifeline without providing reasons or providing […]
The cancellation of a Goods and Services Tax (GST) registration without mentioning the mandatory date and time of the personal hearing in the show-cause notice (SCN) violates the statutory safeguard under the Karnataka Goods and Services Tax Act, 2017 (KGST Act), the High Court of Karnataka has held. Accordingly, the court set aside the cancellation […]
