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There will be no GST levied on the leasing of the residential premises as a hostel, students, and working professionals said Karnataka High Court has ruled. The applicant Taghar Vasudeva Ambrish and the co-owners lead a property with 42 rooms to the company said as 12 spaces Pvt ltd. the property was leased as a […]
Central and state governments would execute the proposed structural update of the GST in phases as the impact tax rate revised and would be on the consumptions. The proposed amendments would consist of pruning tax exemptions, eliminating the anomalies from taxing raw materials and the intermediates higher with respect to the finished products, and eliminating […]
Members of the Punjab Pradesh Beopar Mandal (PPBM) support the statement of the Gujarat High court where the same is mentioned that it was easy to reach the moon but difficult to understand GST. Sameer Jain, general secretary, PPBM said that nearly 1000 amendments were started in the GST since its formation dated July 2017 […]
E-commerce changed the procedure of business performed in India. Much rise in the industry would be formed through the penetration of the internet and the smartphone. As per that there is an increase seen in the sellers on the e-commerce portals. In this article, we would discuss the points that shall support the e-commerce sellers […]
Budget showcases the subsequent phase of the tax administration assisted by the digitization and central integration and the state-level framework via IT bridges and elimination of overlapping adherence. But for the GST the Finance minister does not indicate the suggested amendments in the compliance procedure and the technology infrastructure preparedness. Because one reads about the […]
Delhi government has circulated the rules on the issuance of the show cause notice under GST. a notice has been drawn of the competent head that in various cases non-speaking and vague Show Cause Notices (SCNs) would be provided in violation of the provision of the GST act and the rules build in it. Towards […]
The Hon’ble Delhi high court in Shakti Shiva Magnets Private Limited v. Assistant Commissioner & Ors [W.P.(C) 1559/2022 dated January 31, 2022, refused the Show cause notice provided by the revenue department suspending the enrollment for GST of the taxpayer and rendered to again provide the new SCN through all the concerned facts and cause […]
The Rajasthan High court has rendered that the GST council should not impose the assessee for depositing the GST or take the measures with force without following the steps given under Section 74 of the CGST Act. The applicant is the owner of Dhariwal Products and wants to answer to the respondent GST department along […]
The second meet of the group of ministers GoM on the system reforms addressed via Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar would be decided to build 7 suggestions to the GST official. The same engaged the use of the biometric system to control GST theft, physical inspection of the office space of […]
