-
High Court's Authority to Excuse Delays in GST Appeals
Overview The Punjab & Haryana High Court deliberated on the authority to excuse delays in GST appeals in the case titled Vasudeva Engineering v. Union of India [CWP Nos. 27468, 18475, 26077, 18591, an...
-
Discrepancies in Table 8A of GSTR-9 for Fiscal Year 2023-24: Challenges with Input Tax Credit
Overview of the IssueOn December 9, 2024, the Goods and Services Tax Network (GSTN) released an advisory addressing significant discrepancies observed in Table 8A of the GSTR-9 for the fiscal year 202...
-
Significance of GSTR 9 and 9C under GST - Judicial Insights
1. Introduction to GST in IndiaThe Goods and Services Tax (GST) was introduced across India starting from July 1, 2017. Since its implementation, over Rs. 1.32 crore businesses have registered under G...
-
Reverse Charge Mechanism (RCM) on Residential and Commercial Properties under GST
OverviewThe Goods and Services Tax (GST) framework has consistently imposed tax on commercial property leasing. Initially, leasing residential properties for residential purposes was exempt from GST....
-
Recommendations of the 55th Meeting of the GST Council
The 55th GST Council meeting chaired by Finance Minister Nirmala Sitharaman in Jaisalmer addressed several tax rate adjustments, exemptions, and procedural reforms. Key decisions include reducing the...
-
Is Section 16(4) of the CGST Act 2017 Arbitrary and Unreasonable?
The Madhya Pradesh High Court recently delivered a significant verdict in the case of Anand Steel v. Union of India (Writ Petition No. 3757 of 2023 and others, dated November 22, 2024), sparking subst...
-
New Perspectives on the Service of Notices and Orders in GST
Understanding the Importance of Service of Notices and OrdersService of notices and orders has long been a contentious issue in tax litigation. GST, with its technology-driven framework, introduces un...
-
Revocation of GST Registration: Recent Legal Developments
1. Overview:Recently, the Madras High Court, in its ruling on Tvl. A V Traders v. CTO (2024) TaxCorp(GST) 45964 (HC-MADRAS) on October 29, 2024, emphasized the rights of registered individuals to main...
-
SEBI Warns Against Trading in Unlisted Public Companies on Digital Platforms
The advent of technological aggregators has made it convenient to access a plethora of services, ranging from accommodations to transportation and home furnishings. However, when it comes to trading s...
-
Union Budget 2025: Key GST Amendments Proposed
The Union Budget 2025 introduces several proposed changes under the Goods and Services Tax (GST) framework to foster economic advancement and address industry-specific concerns. Significant proposed c...
-
Understanding ITC: Navigating the Concession and Vested Right Dilemma
1. OverviewThe ushering in of the Goods and Services Tax (GST) in 2017 marked a significant shift in India's indirect tax framework. As a multi-tiered, value-added tax on consumption, GST aims to stre...
-
Appeal for Retroactive Exemption from Rule 96(10) of CGST Rules, 2017
1. Concerns of ExportersExporters have been grappling with the unfavorable effects of Rule 96(10) of the CGST Rules, 2017. This provision has historically curtailed the refund of Integrated Goods and...
-
Review of Specific Procedure for Correction of Orders Pursuant to Section 148 of the CGST Act, 2017
Examination of a Distinct Procedure for Amending Orders Under Section 148 of the CGST ActIntroduction: Relaxation in ITC Availment ConditionsIn its 53rd session on June 22, 2024, the Goods and Service...
-
No Penalty for E-Way Bill Technical Errors in Absence of Tax Evasion Intent: Allahabad High Court Clarification
OverviewIn the matter of Ram Krishna Gupta vs. State of UP (Writ Tax No. 728 of 2023), the Honorable Allahabad High Court invalidated a penalty order issued under Section 129 of the Central Goods and...
-
Understanding the Concept of 'As Is' or 'As Is Where Is' Basis in GST
Overview of Recent DevelopmentsThe Central Board of Indirect Taxes and Customs (CBIC) has offered clarifications through Circular No. 236/30/2024-GST, issued on October 11, 2024. This circular is buil...
-
Ensuring Compliance and ITC Accuracy Through GSTR 2A
Provisional Attachment Based on Prima Facie FindingsAs per Section 83 of the GST Act, the Delhi High Court in JV Creatives (P.) Ltd. v. Principal Additional Director General, DGGI, Gurugram Zonal Unit...
-
GST Implications on Hospital Room Rent: An In-depth Analysis
1. OverviewWhen individuals arrive at a hospital, a couple of scenarios may unfold. Initially, if the patient is stable, both they and their companions expect that subsequent medical advice will allow...
-
Comprehensive Overview of GSTR-9 & GSTR-9C under GST in India
1. An Insight into GSTR-9: The Annual GST Return(i) Introduction to GSTR-9 GSTR-9 is a compulsory annual filing for all assessees registered under the Goods and Services Tax (GST) framework. This retu...
-
Resolution of Multiple Show Cause Notices under GST
Overview: Handling multiple Show Cause Notices (SCNs) within the GST framework can present complexities, especially when similar issues arise for either the same or different assessees. This adjudicat...
-
GST Annual Return for FY 2023-24: Key Updates and Considerations
This article highlights the recent developments in FY 2023-24 and offers insights into avoiding usual pitfalls, ensuring a smooth submission process for assessees.Exploring Updates in GSTR-9 and GSTR-...