Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Finance Minister Atishi stated the plan of the state to strengthen its Goods and Services Tax (GST) administration, aiming for a faceless system. “In the fiscal year 2023-24, the tax collection for GST and VAT until January 2024 witnessed a growth of 13.96 per cent, compared to the previous year (until January 2023), reaching Rs […]
Delhi High Court in a judgment stressed the importance of complying with the statutory needs laid out in Section 74 of the Tamil Nadu Goods and Services Tax Act, 2017 (TNGST Act), in the case of Balaji Electrical & Hardwares Vs State Tax Officer (ST). The very ruling has set a precedent, assuring that the […]
As per the experts the Gross Gross Goods and Services Tax (GST) revenue collected for February 2024 is Rs 1.68 lakh crore, standing a 12.5% rise compared to the identical month in 2023 which depicts the strength of the Indian economy and a powerful consumption level. “A robust 12.5 per cent growth in overall GST […]
The order by the GST and Central Excise Superintendent for lack of jurisdiction is been quashed by the Lucknow bench of Allahabad High Court. The bench of Justice Alok Mathur sees that as per the circular, February 9, 2018 issued by the Government of India, Ministry of Finance, and Department of Revenue, the power of […]
In a recent ruling, the Allahabad High Court noted that a single typographical error in an e-way bill cannot be a sufficient justification to impose a penalty. The judgment came in the case of Indeutsch Industries Private Limited Vs State of U.P. And 2 Other. A writ petition was filed by Indeutsch Industries Private Limited […]
The Hon’ble Madras High Court in the case of K.S. Janarthanam v. Deputy State Tax Officer [W.P. No. 1848 of 2024 on January 31, 2024] disposed of the writ petition, hence holding that, a 100 per cent penalty could not get levied if an SCN is issued under Section 73 of Tamil Nadu Goods and […]
Section 50 of The CGST Act was revised to furnish that there would be no interest obligation on late filing of GSTR-3B to the extent of the balance in The Electronic Credit Ledger, the Courts in the following and other cases ruled that interest was subjected to be paid even after there was balance in […]
A circular via the GST department might be furnished to address the dispute of the spate of notices sent before the Indian arms of the foreign firms asking for the tax salaries filed to immigrants via the local unit. As per the circular input tax credit (ITC) must not be held back from 2017 to […]
The Rajasthan GST Department in a recent development has issued a notification dated 8th February 2024 presenting the much expected Amnesty Scheme-2024. The same scheme has the objective of furnishing substantial advantages to dealers and individuals by offering rebates on taxes and facilitating the settlement of outstanding demands and disputed amounts under the Goods and […]
