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HC Revokes SCN Under GST Section 74(1)

HC Revokes SCN Under GST Section 74(1) Due to Rule 142(1)(a) Violation

In violation of Rule 142(1)(a) of the GST Rules, the Jharkhand High Court division bench has quashed the order in the summary of GST show cause notice without issuing show cause notice pursuant to Section 74(1). As the portion of the search performed via the respondents on the premises of the petitioner, M/s. Juhi Industries […]

DIN Implementation for GST Taxpayers

CA vs Govt: Rectification in DIN System for GST Taxpayers

The Supreme Court heard a Public Interest Litigation (PIL) to take action to execute a system for electronic (digital) generation of a Document Identification Number for all communications sent by state tax officers to taxpayers. The applicant, CA Pradeep Goyal through Adv Charu Mathur approached the Supreme Court seeks precise directions towards the generation of […]

KMF Demands Reverse GST Rate on Dairy Products

KMF Requests Govt to Rollback New GST Rate on Dairy Products

Dairy Farmer is Not Accepting the Increase in GST Rates As the government has raised the GST on dairy products. The GST rate has risen from 5%. Also, the GST rates are raised on the machinery utilized in the dairy industry. The same would become a problem for the dairy farmers. Because of the same […]

GST Council's 6-member GoM for New Amendments and GSTAT

Council’s GoM to Suggest GST Law Amendments and GSTAT Setup

The Goods and Services Tax (GST) officials have made a six-member group of ministers (GoM) to guide critical revisions needed in the GST laws and additional legal modifications to set up the GST Appellate Tribunal (GSTAT). Haryana Deputy Chief Minister Dushyant Chautala has led the Group of Ministers. “In its 47th meeting held on June […]

CAIT to State FMs Over 5% GST Withdrawal on Food Items

CAIT to FMs: Withdrawal GST Rate on Unbranded & Pre-packed Foods

Traders all over the country have asked for the withdrawal of the decision of the GST for the exemption on prepacked unbranded food items and levy of a 5% GST. The Confederation of All India Traders (CAIT) issue a memorandum to all the state finance ministers asking for taking back the decision as this would […]

No GST Levy on Perks to Employees

CBIC Releases Clarification About GST on Employees’ Benefits

Various advantages such as free beverages, canteen facilities, free parking space, journal subscriptions or even group medical insurance furnished via businesses to its employees for the contractual agreement between the two, are not for Goods and Services Tax (GST). The same GST circular on the taxability of the perquisites to the employees would be provided […]

GST Circular No.170022022 About Correct Filing and ITC Reversal

CBIC GST Circular No.170/02/2022 for e-filing GSTR 3B & 1 with Correct Details

The Central Board of Indirect taxes and Customs (CBIC) has provided a circular concerning to essential filing of the correct and proper details of the inter-state supplies and the amount of the ineligible/blocked Input Tax Credit and reversal in return in FORM GSTR-3B and statement in FORM GSTR-1. Board who has been issued a circular […]

FICCI: Rethink 5% GST on Hospital Rooms

FICCI: Center to Rethink GST Rate on Hospital Rooms & Bio-medical Plants

There is distress in the sector and among the people in the medical sector because if the room rent of the hospital excluding ICU would surpass a limit of Rs 5000 per day then a 5% GST would be levied on it, says the GST council. While a 12% levy would be imposed on the […]

CBIC New GST Rules for Taxpayers

CBIC Notifies New GST Rules on UPI Payment, Annual Returns, ITC

A host of procedural amendments in the GST compliances is being reported by the government, along with the levy of interest for the bogus usage of input tax credit and the turnover limit for furnishing the yearly returns for 2021-22 fiscal. GST administration investigated the changes at its meeting in the former week. Through the […]

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