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Delhi AAAR's Order for M/S Rod Retail Private Limited

Delhi AAAR: GST Levy on Goods Which Supply to Global Travelers

The Delhi Appellate Authority for Advance Ruling (DAAAR) ruled that the supply of goods to outbound international travellers comes beneath the supply on which GST will be levied and upholds the order of Delhi AAR. The petitioner M/S Rod Retail Private Limited who used to supply the sunglass hut’ to international outbound passengers from the […]

Disastrous GST Provisions for the MSME Sector

Major Destructive GST Provisions for the Indian MSME Sector

The new provisions for the MSME sector are expected to cause a lot of trouble for micro, small & medium enterprises across the country, as they must become more compliant in terms of filing returns, or might have to pay penalties otherwise. This is also expected to affect the business of the MSME sector by […]

Reverse GST Exemption on Science Equipment

Institutes Want Rollback GST Exemption on Science Equipment

There are much more things that have been made by scientists and from their work, particularly regarding the covid pandemic condition. However various scientists are being thought about the future of their research post to the announcement of the government for the amendment in the GST rate of 5% on the technical testing equipment related […]

GST Cash Ledger Before Appeal Time Period Against Law

HC: Demand from GST Cash Ledger Before Appeal Time Period Against Law, Rules

The Calcutta High Court, on Thursday, gave its ruling in the Purulia Metal Casting case, which says that the action taken by the GST department to recover the tax from the electronic cash ledger even before the due time to file the appeal was expired is a certain violation of section 78 of the Central […]

CBIC New GST Rules for Taxpayers

CBIC Notifies New GST Rules on UPI Payment, Annual Returns, ITC

A host of procedural amendments in the GST compliances is being reported by the government, along with the levy of interest for the bogus usage of input tax credit and the turnover limit for furnishing the yearly returns for 2021-22 fiscal. GST administration investigated the changes at its meeting in the former week. Through the […]

New Margin Scheme Under GST for Tour Operators

Fitment Committee Suggests GST Council to Start Margin Scheme for Travel Agents

To lessen the tax for the tour and the hospitality sector, the GST council’s fitment committee recommended imposing the tax on the margins incurred by the tour operators at an appropriate rate. A 5% GST would be imposed on the total tour cost without any utility of the ITC. The panel recommended a regularisation of […]

Best and Worse of 5 Years GST Compliance

Summary of Best and Worse in 5 Years GST Compliance Period

5 years before, on July 1, 2017, India had started the biggest amendment in its indirect tax system through the GST that would improve the complete indirect tax structure and lastly amend tax administration and compliance. In the former 5 years, the GST implementation proves to be a ride like a roller coaster for the […]

Maharashtra AAAR Order for M/s. N. B. Patil

Maharashtra AAAR: 5% GST Rate on Turmeric Under Agricultural Produce

A 5% GST shall be needed to file on turmeric in its whole form as it comes under the agricultural produce said Maharashtra Appellate Authority of Advance Ruling (AAAR). The two-member bench of Rajeev Kumar Mital and Ashok Kumar Mehta sees that the farmers who had the first supply of turmeric in the whole form […]

Maharashtra AAR's Order for Monalisa Co-Operative Housing Society Limited

MH AAR: GST Levy on Receipt of Voluntary Charge from Members

The Maharashtra Authority of Advance Ruling (AAR) including T.R. Ramnani and Rajiv Magoo held that GST is subjected to pay on receipt of gratuitous payment from outgoing members. The petitioner has a co-operative housing society registered under the Maharashtra Co-operative Housing Society Act (MCHS Act) holding 48 flats that impose its member’s maintenance charges according […]

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