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Search results for: collection of tax

GST Instructions on Force Recovery in Time of Investigation

CBIC Notifies GST Instructions 01/2022-23 on Force Recovery

The tax counsel would now suffer the execution when an assessee makes the voluntary payment of the tax in an investigation. The Central Board of Indirect Taxes and Customs (CBIC) rendered its field formation that the tax recovery dues must be executed by complying with the last legal process post to issuing the adjudication order […]

Delay GST Rate Rationalisation Due to Inflationary Problems

High Inflation Rate May Slow New GST Amendments on Products: Sources

As the current inflation is running it is not expected to change the GST rates on the goods and services.  Goods and services would get taxed in four slabs of 5%, 12%, 18%, and 28% beneath the GST regime. It was acknowledged to diminish these tax slabs reaching three, a practice that engaged raising the […]

Calcutta High Court's Judgment for GST E-way Bill

HC: Authority Can’t Take Vehicle for Want of 2nd Bill Since 1st was Valid

The Calcutta High Court ruled that the GST department would not seize the vehicle in the absence of a second e-way bill since the first GST e-way bill was valid in the period of interception. A bench of Justice T. S. Sivagnanam and Justice Hiranmay Bhattacharyya was acknowledging an appeal by the department questioning the […]

CBIC Chairman Secret GST Plan for Revenue Buoyancy

CBIC Chairman Secretly Discloses Plan for GST Revenue Buoyancy

The GST collection of April has crossed Rs 1.5 lakh cr, it is for the first time and the Rs 1 lakh cr mark for the tenth month in a row. Also, Rs 1.35 lakh crore per month is been expected to come in the same fiscal said by Central Board of Indirect Taxes and […]

File GST Returns on Time

CBIC Requests Suppliers for Timely File Forms on the GST Portal

CBIC requests the businesses to furnish several GST return forms on time that is due in the subsequent days as a portion of an online campaign to promote compliance. CBIC wants the businesses to furnish the GSTR-1 form, concerning the sales made in April, which is left on Wednesday and is needed to be furnished […]

Easy Calculate GST Yourself

Full Guide to Calculate GST Yourself with Simple Formulas

Did you not confident about the complicated laws? Finance concerns and related things are just hard to record at the fingertips as there are so many external things that are engaged in it. This article is related to the subject of GST. You would simply compute the GST in our country. What Do You Mean […]

GST and TDS on Promotion Via Google Ads

Full Guide to GST and TDS Rate on Promotion Via Google Ads

GST @ 18% is charged and TDS @ 2% is deductible up on the Google Adwords advertisement expense. The same is essential to find out that some publishers are advertising with the help of the Google entity which is enrolled in India and some of the advertisers are doing the same with the support of […]

West Bengal AAR Order for SNG Envirosolutions Pvt Ltd

WB AAR: No GST Applicability on Services to State Govt for Bio-Medical Waste Disposal

The West Bengal Authority for Advance Ruling ( AAR ) ruled that the service given to the state government for the collection and disposal of the bio-medical waste gets privileged from GST. The petitioner is the owner of SNG Envirosolutions Pvt Ltd and has entered into an agreement with the department of health services, Department […]

Gujarat HC's Order in the Case of Valerius Industries Vs. Union of India

Gujarat HC: Not to Hurdle Compliance Movements via Provisional Attachment

The Gujarat High Court bench of Justice J.B. Pardiwala and Justice Nisha M. Thakore has ruled that the provisional attachment must not lay the burden on the normal business activities of the taxable person. The petitioner is involved in the business of manufacturing and selling ingots and has a factory located near Rajkot Gujrat state. […]

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