Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Under the Indian GST Act, assessment is a crucial step in the process. It deals with confirming and figuring out a taxpayer’s tax liability. The GST authorities perform assessments under the GST to make sure that taxpayers are adhering to the Act’s requirements and paying the right amount of tax. Self-assessment is used in the […]
According to the Jharkhand High Court, the unadjusted TDS amount must be viewed as an input tax credit amount and must be carried forward. The unadjusted TDS amount would have been otherwise refundable to the petitioners if it had not been permitted to be carried forward as an excess input tax credit in the statutory […]
The business warns that the requirement to pay GST, or the goods and services tax, of 18%, on the services of transporting products, might cause cash flow problems at a time when exports are falling. This is in response to a GST Council that suggests that the location of the service recipient should be used […]
The Rajasthan Government has made a decision to compensate late filing costs paid by taxpayers for the months of April 2021 to March 2022 in a way that will soon be regulated. The State Government is responsible, under the ruling, for reimbursing the late charge. The Rajasthan Goods and Services Tax Act, 2017, registered taxable […]
The unsigned show cause notice and assessment orders were revoked by the Delhi High Court (HC), presided over by Justices Vibhu Bharkru and Amit Mahajan. A total demand of Rs 49,26,623 has been made by the petitioner in this case, which challenges a judgement made by the adjudicating authority (assistant commissioner) under Section 73 of […]
The installation of a digital platform under the GST system has transformed the process of tax assessments and compliance verification. The system now generates show-cause notes under GST automatically, in contrast to the pre-GST period when tax authorities would manually perform audits and issue notices based on their findings. Why are System-generated GST Notices Sending? […]
The Delhi High court rendered the revenue heads to allow the budgetary support for the manufacturing units beneath the “Scheme of Budgetary Support under Goods and Services Tax (GST) Regime”, open for the qualified units situated in the mentioned states. The Court noted that the petitioner was qualified for a Central Excise Duty exemption before […]
Extracts from the GST-related amendments that were included in the Finance Bill for 2023 (Budget 2023-24), which Union Minister of Finance Mrs Nirmala Sitharaman submitted to the Loksabha on February 01, 2023. Except for those in clause 142, modifications proposed in the Finance Bill, 2023 will go into effect on the date they are announced, […]
Finance Minister Nirmala Sitharaman proposed nine legislative revisions to the GST law in the Union Budget 2023. Decriminalization GST Offences Facilitate Microbusiness E-commerce Operators Unregistered suppliers and composition taxpayers will now be able to provide goods within a state via E-commerce operators (ECOs), subject to a few restrictions. Changes to Schedule III of the 2017 […]
