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GST Rate On Roti and Paratha

Just a 5% GST Rate on Roti Why 18% on Paratha, Check Here

The GST on paratha has been a hotly debated topic for Indian customers. Due to their varied compositions, roti and paratha are subject to various GST rates. In this post, let’s examine the specifics of the CBIC GST rate and the GST on the paratha. Why is the 18% GST Rate on Paratha While Roti […]

Brief Study About Issuance of GST SCN U/S 73(10)

Issuance of SCN Under GST Section 73(10) with Time Limits

The Hon’ble Kerala High Court in Pappachan Chakkiath v. Assistant Commissioner & Anr. [WP(C) NO. 816 of 2023 dated January 11, 2023] ruled that if the time restrictions for issuing the order under Section 73(10) of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) for the Fiscal year 2017-18 is postponed till […]

Budget 23-24 Expectations for Retail Sector

Union Budget 23-24 Expectations for Retail Sector in India

The retail industry plays a major role in supporting the Indian economy. In former 10 years, the need for online platforms would have surged at the speed of the sector, and offline retail would successively see a fall. But the sudden covid-19 has impacted the industry, the industry would have recovered almost from its impact […]

New GST Amendments via Finance Bill 2023 for Tax Credit on Charity

Finance Bill 2023: New Amendments May Deny GST Credit on Charity

Through the Finance Bill, 2023, the government is likely to make changes to the Goods and Services Tax (GST) law that will prevent businesses from receiving tax credits for the purchases of goods and services that they make on behalf of the community as part of their corporate social responsibility (CSR) obligations. According to two […]

GST AAAR'S Order for M/s Singareni Colleries Company Ltd

Telangana AAAR: 18% GST Will be Charged on the Forest Permit Fee

18% GST is subjected to be paid on the forest permit fee, the Telangana Appellate Authority for Advance Ruling (AAAR) stated. The two-member bench consists of B.P. Naga Siva Kumari tracked, the permit fees obtained via the forest council would be utilised by forest officials to track the activity of mining, assess quantity and type […]

GSTAT & Amnesty Scheme Setup in Budget 2023-24

Budget 2023-24: Excellent Time to Setup GSTAT & Amnesty Scheme

Finance Minister Nirmala Sitharaman, while presenting Union Budget 2021 referenced Rabindranath Tagore and stated that ‘faith is the bird that senses the light and sings while the morning is still black’. As another union budget release approaches, the market and residents remain hopeful and await budget pronouncements with bated breath, under the shadow of another […]

Kerala CM to Change GST Department Structure

Kerala FM Announces GST Department Redesigning Will Start Soon

The announcement for restructuring of the state GST department dated 19th January will be done by Chief Minister Pinarayi Vijayan said Kerala Finance Minister KN Balagopal. Kerala FM stated that there would be a restructuring of the GST council. At present three sections would be there, taxpayer, audit, and intelligence. There shall be much more […]

SC Asks for SCN Notice on GST Exemption to Exporters

SC Orders Dept for GST Notices Which Are Giving Relief to Exporters

The Apex court sought the revenue department to furnish the information on the total number of show cause notices furnished to claim the GST exemption for the cases in which the exports would have been done before the imports, and in which the high courts (HCs) have provided the interim orders. The information would have […]

GST Eligibility on Free Supplies & Samples

Full Guide to GST Eligibility on Free Supplies and Samples

Free Samples would be called the products furnished to consumers to try prior to buying. Furnishing free or sample products would be the tried and tested marketing technique the industries use in India like FMCG, pharmaceuticals, and others. For instance, Buy 3 and get 1 Soap free or 1 Garment free on buying the 3 […]

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