-
Determining Time of Supply for HAM Contracts: Invoice Date or Payment Date as Ruled by Madras High Court
Time of Supply for HAM ContractsThe Hon’ble Madras High Court has ruled on the timeframe for recognizing the supply of services under a Hybrid Annuity Model (HAM) Contract. The judicial opinion states...
-
Motor Vehicle Components and Their GST Classification: Andhra Pradesh AAAR Verdict
OverviewThe AAAR of Andhra Pradesh has delivered a significant ruling in the M/s Saddles International Automotive & Aviation Interiors (P.) Ltd. case, specifying that car seat covers should be categor...
-
Notification No. 22/2024-Central Tax: Procedure for Order Rectification in GST
Overview of Notification No. 22/2024– Central Tax: Special Method for Rectifying GST Orders1. IntroductionOn October 8, 2024, the Central Government issued Notification No. 22/2024– Central Tax (S.O....
-
Guidelines and Protection Measures for GST Payment during Search and Investigation
IntroductionRecent trends indicate that GST officials have been compelling assessees to remit tax payments during search or inspection under Section 67 of the Central Goods and Services Tax (CGST) Act...
-
Understanding GST Implications on Various Lease Structures: A Comprehensive Overview
Financial Lease Under GST Law(i) Characterization as Supply of Goods: A financial lease is often equated to a sale, wherein all significant ownership-related risks and benefits are transferred to the...
-
Schedule III of CGST Act: A Comprehensive Guide to Non-Taxable Activities
Editorial Note:This article provides an in-depth analysis of Schedule III of the Central Goods and Services Tax (CGST) Act, 2017, which outlines activities and transactions not considered as supply un...
-
Supreme Court Redefines 'Plant' under GST: Shopping Malls May Qualify for Input Tax Credit
Editorial Note: This article discusses a landmark judgment by the Supreme Court of India that could significantly impact the interpretation of Input Tax Credit (ITC) provisions under the Goods and Ser...
-
A Practical Guide - Appeal before Appellate Tribunal under GST
Appeal before Appellate Tribunal under GST1. Overview of GST Appellate Tribunal The Goods and Services Tax Appellate Tribunal (GSTAT) serves as the second level of appeal in the GST dispute resolution...
-
Reverse Charge on Notified list of Goods
1. Overview of Reverse Charge Mechanism for Specified Goods under GST The Goods and Services Tax (GST) framework in India empowers the government to designate certain goods for which GST is payable on...
-
GST Implications on Renting Residential and Commercial Properties in India
Overview: Implemented in India, the Goods and Services Tax (GST) establishes specific guidelines for the rental of residential and commercial properties. Residential property rentals are mostly free f...
-
Implementation of GST TDS for Metal Scrap Transactions in India
Introduction to GST TDSIn its eighth year, the Goods and Services Tax (GST) in India has seen several modifications since the establishment of the Central Goods and Services Tax (CGST) Act in 2017. Se...
-
ITC Eligibility on Constructing Permanent Structures: Insights from Safari Retreats Judgment
Safari Retreats Decision: Key Points on ITC for Constructing Permanent StructuresIn a landmark judgment on 03-Oct-24, the Supreme Court confirmed the constitutional soundness of specific GST provision...
-
Validity of a Unified Show Cause Notice for Various GST Years
Validity of Issuing a Unified Show Cause Notice for Multiple GST Assessment YearsAssessing the Legality of a Single Show Cause Notice Encompassing Multiple Assessment YearsThe issuance of a single Sho...
-
Reverse Charge Imposed on Metal Scrap Transactions by Non-Registered Suppliers
Introduction to Reverse Charge in GSTUnder the Goods and Services Tax (GST) framework in India, the responsibility to pay the tax generally lies with the supplier of goods and services. Nevertheless,...
-
Madras High Court: Unified Show Cause Notice for Multiple Tax Periods Invalid
Single Show Cause Notice Not Permissible for Multiple Financial Years: Madras High Court RulingSynopsis of the Case: The Madras High Court in its recent judgment concerning M/s. Uno Minda Limited (Sea...
-
Invalidation of Penalty Orders for Goods Detention Beyond Seven Days: A Ruling by Patna High Court
Invalidity of Penalty Orders for Delayed Goods Detention: Insights from Patna High CourtIntroductionThe Patna High Court has provided significant clarification regarding the validity of penalties for...
-
Insights from the Safari Retreats ITC Judgment: An FAQ Approach
1. Can Businesses Claim ITC on Construction Costs?In the Safari Retreats case, the primary issue was whether companies could claim Input Tax Credit (ITC) on goods and services used in building immovab...
-
Understanding GST Notices to Deceased Taxpayers: Insights from Section 93 of the GST Act
In a notable recent decision, the Delhi High Court's judgment in SK Gupta and Company (2024) TaxCorp(GST) 43902 (HC-DELHI) has provided clarity on the legal nuances regarding the issuance of GST notic...
-
Correcting Tax Classification Mistakes Under GST
The Goods and Services Tax (GST) system in India was established to unify indirect taxes, yet it introduces complexities, especially when distinguishing between intra-state and inter-state supplies. C...
-
Exploring the Impact of Notification No. 17/2024 - Central Tax on GST Framework
IntroductionThe Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, announced Notification No. 17/2024 - Central Tax on September 27, 2024 (S.O. 4253(E)). This notificat...