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In April 2025, the revenue from the Goods and Services Tax (GST) hit an all-time high of ₹2.37 lakh crore. This figure represents a growth of 12.6% compared to the same time last year, based on information from the central government. This outperformed the previous second-highest collection of Rs 2.10 lakh crore recorded in April […]
The Allahabad High Court noted that while conducting verification, the authority cited the details of the goods found and verified the accuracy of the invoices and goods in transit. It ruled that the authority cannot later change its position and claim that the goods did not match the invoice. Justice Piyush Agrawal Ruled That “Once […]
The CESTAT Bench of New Delhi held that the same IGST rate and interest are applicable to both inter-state trade and import transactions. The bench, comprising Dilip Gupta (President) and P.V. Subba Rao (Technical), emphasised that the chargeability of Integrated Goods and Services Tax (IGST) arises from the inter-state supply of goods and services, including […]
Updated in the reporting of Harmonized System of Nomenclature (HSN) codes in Table 12 of GSTR-1/1A is executed by the Goods and Services Tax (GST) Portal, as per the amended advisory. Such amendments are to ease the reporting process for taxpayers, which is rolled out in phases. Key Updates of New Advisory Below, we have […]
The Supreme Court recently showed surprise at the decisions made by both the High Court and the Magistrate Court to deny bail to a person accused of breaking rules related to the Central Goods and Services Tax Act. Bail is granted normally in these cases, the court said. The offences alleged against the appellant were […]
Aurobindo Pharma Ltd. has recently been ordered by the Appellate Joint Commissioner in Hyderabad to repay a total of ₹7.05 crore. This amount includes ₹3.74 crore that the company claimed as input tax credit, along with ₹2.93 crore in interest and a penalty of ₹37.51 lakh. This demand is related to the company’s financial activities […]
Uploading a show cause notice via the GST department is improper under the additional notices tab on its portal, as the taxpayer may miss the same, the Delhi High Court mentioned. The decision holding that uploading of notices under the heading ‘additional notices’ amounts to sufficient service comes towards a coordinate bench decision rendered in […]
Calcutta High Court, the GST registration cancellation and rejection of revocation applications are explained since the premises were not discovered. As per that, writ petition dismissed. Key Facts Under the West Bengal Goods and Services Tax Act, 2017, the petitioner became a registered dealer effective July 1, 2017, and performed the business activities during F.Y. […]
To bring more businesses under GST, the West Bengal Finance Department is initiating a one-year campaign during this financial year. To increase the total tax revenue collection through GST is the main objective, commercial tax officials claim. The GST collection in FY 2024-25 grew by only 2% points more than the national average. In FY […]
