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Karnataka GST AAR's Order for M/s Uber India Systems Private Limited

Karnataka AAR: Uber Responsible to Pay GST as E-commerce Operator

Karnataka’s Authority for Advance Ruling (KAAR) mentioned that Uber, as an e-commerce operator, needs to collect and pay the GST on the passenger transportation services furnished via cab drivers via its offered platform. Also, it mentioned that the can aggregator will be obligated for GST even if its application (APP) merely connects the driver and […]

TDS Concept Under GST for the Metal Scrap Industry

TDS Concept for the Metal Scrap Industry Under GST

The provisions for Tax Deducted at Source (TDS) under GST as specified in section 51 of the CGST Act, were initially restricted to the government entities and public sector units (PSUs). Below mentioned are the suggestions of the GST council in its 54th meeting, the Notification No. 25/2024-CT dated 9th October 2024 has been issued […]

Gujarat HC's Order in the Case of M/s Shree Mahalaxmi Cement Products vs. State of Gujarat & Ors

Gujarat HC: 5% GST Rate on Fly Ash Bricks Containing Less Than 90% Fly Ash

On 25th September (Wednesday) the Gujarat High Court said that the applicable Goods and Services Tax (GST) to fly ash bricks and blocks with less than 90% fly ash content. It was carried by the court that the products entitled to a lower GST rate of 5% than the 18% GST rate on products that […]

No GST on Electricity Meter Replacement Charges for TNPDCL Customers

Big Relief for TNPDCL Customers: No GST on Replacement of Three-Phase Electricity Meters

Customers who replace electricity meters for a three-phase electricity connection, after damage or disconnection, will not be required to pay 18% GST on replacement charges of 1,610 to Tamil Nadu Power Distribution Corporation Ltd (TNPDCL), permitting them to save 290. GST on 25 services has been removed by TNPCDL on all consumers from households to […]

Rajasthan GST AAR's Order for M/s Green Infra Wind Farm Assets Limited

Rajasthan GST AAR: Tax on Corporate Guarantee By Overseas Group is Payable Only Once, Not Periodically

Rajasthan’s Authority for Advance Ruling (RAAR) carried that Goods & Services Tax (GST) on corporations from overseas group entity liable to get paid merely one time, not periodically. Experts cited that the ruling is in line with the circular, for the entire duration of the guarantee it has the challenge of filing the full tax. […]

No GST on Co-lending Activities, Says SBI-led Committee

SBI-led Committee Recommends FM to Remove 18% GST On Co-lending Activities

A State Bank of India (SBI)-led committee to motivate the co-lending between commercial banks and non-banking financial companies (NBFCs) has suggested removing the 18% GST. As per the source, the SBI-led co-lending committee has furnished the report before the finance ministry where it suggested that no GST is to be levied on the co-lending related […]

CBIC Informs GST ITC Reconciliation From GSTR-2B Instead of GSTR 2A in GSTR 9

GST ITC Reconciliation in GSTR 9 Should be Done Using GSTR 2B, Not GSTR 2A

The assessees earlier were obligated to reconcile the Input tax credit claimed in FORM GSTR-3B with the information shown in FORM GSTR-2A as per sub-rule (4) was inserted into Rule 36 of the Central Goods and Services Rules, 2017 (“the CGST Rules”) w.e.f. October 09, 2019. Also, the same condition emerges as of the obligation […]

GST Notification No. 20/2024 for Central Tax

CGST Rule 47A: 30-Day Duration for Issuing Tax Invoices Under RCM

The Central Board of Indirect Taxes and Customs (CBIC) on October 8, 2024, via GST Notification No. 20/2024 – Central Tax, introduced Rule 47A into the Central Goods and Services Tax (CGST) Rules, 2017. The very revision will come into force from 1st November 2024 and obligates a strict duration to issue the tax invoices […]

GST Notification No. 23/2024 for Central Tax

Central Tax Notification No. 23/2024 for Waiving GST Late Fees for Delayed Filing of GSTR-7

The Central Board of Indirect Taxes and Customs (CBIC) has given relief for taxpayers required to TDS under section 51 of the CGST Act, 2017, and has furnished central tax GST notification No. 23/2024, dated October 8, 2024. The same notification exempted the late fee for the delays in filing FORM GSTR-7 from June 2021 […]

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