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The Delhi High Court in a judgment addressed the petition of Krishan Traders asking for the GST registration cancellation, marking the case for GST compliance and legal procedure field in India. The case, Krishan Traders Vs Principal Commissioner of Goods And Service Tax North Delhi delves into the difficulties of GST deregistration procedures and the […]
Unveiling the Basics of GEO-Coding Geocoding stands as a requisite step in the address verification process within the Goods and Services Tax (GST) framework in India. This procedure entails the transformation of physical addresses into geographic coordinates, specifically latitude and longitude. It has evolved into a crucial instrument for validating the precision of a business […]
In the recent case of M/s. Sanscorp India Pvt. Ltd. vs. the Assistant Commissioner, Goods and Service Tax Network (GSTN), Union of India – 2023(9) TMI 1002, the Kerala High Court made a significant ruling. The court held that if a taxpayer fails to submit returns for a continuous period of six months, their registration […]
The government is currently developing a supplier database that will assess suppliers based on their history of complying with the goods and services tax (GST), their credit history, transaction records, and past instances of non-compliance. This plan could be included in the upcoming budget proposal and put into action during the following year. Companies will […]
With regard to the process for matching the credit note of the supplier with the ITC reversal, the Rajasthan High Court seeks recommendations from the authorities. In the absence of any legal obligation cast on the respondent to perform the matching actions when the applicant wishes to avail the decrease in the liability of tax, […]
A senior government official has revealed that pilot initiatives aimed at testing biometric and geotagging authentication for GST registration have been postponed due to disagreements concerning access to the Aadhaar identity database. Nevertheless, the finance ministry remains optimistic about implementing both biometric and geotagging authentication methods in Fiscal Year 2025. These measures are designed to […]
The process to comply with regard to section 83(2) of the CGST Act, 2017 when provisional attachment of property ceases to have an effect, the Central Board of Indirect Taxes and Customs (CBIC) is notified. “Keeping in view the convenience of taxpayers, the Board prescribes the procedure that in such types of situations, the Commissioner […]
The High Court of Andhra Pradesh for the case of Thirumalakonda Plywoods Vs. The Assistant Commissioner would incorporate three crucial observations: (i) Point No.1: The time limit specified to claim input tax credit (ITC) U/s 16(4) of APGST Act/CGST Act, 2017 is not violative of Articles 14, 19(1)(g) and 300-A of the Constitution of India. […]
The 50th GST Council meeting chaired by Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman suggested measures to streamline compliance with GST. The Council has recommended inserting rule 138F in the CGST Rules, 2017, as well as in the SGST Rules, 2017, of the States that want to mandate the generation of e-way bills […]
