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With the Goods and Services Tax (GST) implementation on July 1, 2017, businesses in India have experienced a thrilling shift. The same amendment has substituted a complex system of various indirect taxes with a single tax structure (One Nation, One Tax), particularly impacting cost, compliance, and functional effectiveness. GST objectives were to improve the operation […]
A bench of the Gujarat High Court has quashed the tax liability notices issued via the GST department that ask for recovering the tax on the GIDC plots transferred to third parties from their original allottees. The court ruled that GST does not apply to these transactions and rejected the government’s appeal to stay the […]
As per the Delhi High Court, a Commissioner under the Central Goods and Services Tax Act 2017 cannot, in purported exercise of its powers u/s 107(2), sit in appeal over an order passed by the Appellate Authority. Under section 107(2), the Commissioner has the authority to call for and analyze the record of any proceedings […]
A notice from GST authorities has been received to a panipuri vendor from Tamil Nadu after he reportedly received online payments of Rs 40 lakh in the FY 2023-24. On performing a fact check of the notice it was seen that it was issued before a hotel vendor and the to-address part was rigged. According […]
The bench of Justices Bhargav D Karia and D N Ray, quoting Joshi Technologies International and Gujarat State Police Housing Corporation stated that amounts filed via mistake or ignorance cannot be retained by the Revenue. The applicant is in the manufacturing of textile machinery and equipment and is registered under the GST Act, 2017. The […]
A Penalty Order claimed by the Revenue has been dismissed by the High Court of Andhra Pradesh at Amaravati noting that Form GST MOV 07 issued u/s 129(3) of the Central Goods and Services Tax Act, 2017 ( CGST Act ) specifies the provision of seven days time to issue a reply towards a Show-Cause […]
The Central Board of Indirect Taxes and Customs (CBIC) has stated in a recent announcement via circular number 243/37/2024 that gift vouchers and cards will not be charged Goods and Services Tax (GST). It was mentioned by the Central Board of Indirect Taxes and Customs (CBIC) that the way the Goods and Services Tax (GST) […]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification on the place of supply for online services furnished before the unregistered receiver, addressing the concerns for non-compliance with the obligatory invoicing requirements under the IGST Act, 2017 (IGST Act) and the CGST Rules, 2017 (CGST Rules). It was cited that if the services […]
The Central Board of Indirect Taxes and Customs (CBIC) via Circular No. 240/34/2024-GST mentioned that electronic commerce operators (“ECOs”) are mandated to pay tax u/s 9(5) of the Central Goods and Services Tax Act, 2017 (“CGST Act”) are not needed to reverse input tax credit (ITC) concerning the supply of restaurant services through their platform. […]
