Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Haryana and Punjab High Court had observed initially that parliament was authorized under the constitution to have a problem solving mechanism post incorporation of the Central Goods and Services Tax (CGST) Act after 4 years. The force came as the Judge let go of the decision of Justice Rajan Gupta and Justice Karamjit Singh has […]
Hearings cannot be replaced by telephone & e-mails. This verdict was passed by the Bombay High Court while responding to the petitioner “BA Continuum India Pvt. Ltd.” and respondent “GST authority” in a hearing-related case. The petitioner(BA Continuum India Pvt. Ltd.) is a company and provides information technology and information technology-enabled services to customers located […]
The paucity of employees in the Central Goods and Service Tax Department is affecting the government exchequer along with the effectiveness and efficiency of the aforesaid department. Consequently, The All India Federation of Customs, Central Excise, and GST Employees Welfare Association has addressed a letter to Union finance minister Nirmala Sitaraman to fill up over […]
Through the highest number of bogus scams and those who are involved in the illegal claiming of ITC Gujarat reports the fourth-highest number of goods and services tax concerned frauds. As per the information tabled in the parliament through the central ministry of finance, the state has reported 2848 cases of GST concerning frauds from […]
The government is planning to upgrade the QR code for UPI in such a manner that it can include the GST component and show the same separately on the interface. This would make it possible for the government to formulate fiscal incentives for digital payments. Latest Update 19th December 2022 Under the RuPay Debit Card […]
Court Ordered to Unblock GST Account The Tripura High Court passed the judgment in favour of the taxpayer in a tussle between taxpayer and tax authority. The court ordered the tax authority to unblock the GST account of the petitioner/ on the official portal of GST. The petitioner is a sole proprietor and is in […]
You should know if the turnover of your business is not greater than INR 1.5 Crores The composition scheme of tax payment is meant for those small businesses whose turnover of taxable goods is not greater than INR 1.5 Crores. In such cases, the burden of GST must be borne by the seller. The rates […]
Input tax credit (ITC) benefit stated by the Madras High Court cannot be denied even if the column is mistakenly filled The applicant is the owner of Ram Auto and is a dealer in two-wheelers. He was enrolled under the taxpayer beneath Tamil Nadu Value Added Tax Act, 2006. The applicant held ITC to raise […]
Tax revenue from Indirect Tax collected by the Government i.e. Goods and Services Tax (GST) is mushrooming every month after the corona situation is in control. In January 2020 also, it soared to INR 1,19,875 crore and in March 2021, it might cross the record of January (INR 1,19,875 crore) i.e. by at least INR […]
