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Physical Verification of Business Under Special Drive Campaign

CH DC Confirms Physical Business Verification Only Under Special Drive

Vinay Pratap Singh, deputy commissioner-cum-excise and taxation commissioner, assured on Tuesday that the procedure will be restricted to physical verification alone and will not in any way involve an inspection of the taxpayers’ commercial properties. The initiative is part of a unique, two-month nationwide campaign that the central and state GST administrations initiated from May […]

18% GST Applies on Using Open Car Parking Space

Apartment Owners to Give 18% GST on Buying Parking Space

The sale or right to use a parking lot is not naturally packaged with construction services, according to the West Bengal bench of the Appellate Authority of Advance Ruling (AAAR), supporting an earlier decision. As a result, it won’t be considered a composite supply and will instead be subject to GST at a higher rate […]

Rajasthan Commercial Dept Clarification on Fake GST Drive

Govt Dept Assures Honest Businesses, Legal Action on GST Fraudsters

For All India Special Drive, Rajasthan Commercial Taxes issues clarification against the fake GST registration. However, the genuine assessee would not be needed to worry. The government would be needed to suffer a loss in revenue and the honest assessees would be required to suffer from the issues because of the fake practice of ITC. […]

10 More Insurance Companies Under GST Radar

GST Investigation Reaches 10 More Insurance Companies

The Goods and Services Tax Department has extended its investigation against some insurance companies on the belief that they are involved in the wrongful availment of the Input Tax Credit (ITC). The Director General of GST Intelligence (DGGI) is expected to issue show cause notices to 10 more insurers soon, taking the number of firms […]

GSTR-9 & 9C Annual Filing for FY 2022-23 is Now Available

GST Portal Opens GSTR-9 & 9C Annual Filing for FY 2022-23

The option to submit final annual returns (GSTR 9) and reconciliation statements (GSTR-9C) through the GST Portal has been enabled by the Goods and Services Tax (GST). The deadline for submitting the FY 2022-2023 returns and statements is December 31, 2023. Regular taxpayers in India who are registered for the Goods and Services Tax (GST) […]

Bombay HC's Order for Principal Global Services Pvt. Ltd

Bombay HC: Review GST Tax Credit Application, Process Stopped Due to Typographical Error

The Bombay High Court (HC) chaired by Justice Abhay Ahuja and Justice Nitin Jamdar ordered the Sales tax department to review the Goods and Services Tax (GST) Input Tax Credit (ITC) application for refund. It was also ordered by the High Court to assess the evidence that the petitioner presented along with the invoices and […]

Tips to Easily Handle Return Scrutiny Notice Via GST ASMT-10

Easy to Handle GST ASMT-10 Scrutiny Notice for Returns

A person registered under GST would be needed to file the GST returns as per the norms of the GST law. But there might be some cases when you might obtain a GST return scrutiny notice in ASMT-10. It provides you with a notice which has been issued via the department for validating the preciseness […]

Real-time Access to Banking Transactions to Catch GST Fraud

GST Authority Seeks Banking Transactions to Catch GST Fraud

The Goods and services tax authorities would be asking for near real-time access to the banking transactions of the assessees that render to fetch the bogus invoices and more use of the ITC through the businesses sections. The same procedure complies with the recent investigations that show that the undue tax credits collected via the […]

Tips to Quickly Handle SCN Under GST

Best Strategies to Handle GST SCN with Basic Reply Format

In this article, you shall read about the method for easy handling of the Show Cause Notice in GST, the specified steps shall make you learn about the process of managing the SCN. beyond that, an application provided in this article will make you understand the format of the response of SCN. In the complex […]

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