GST

Subject: Request for Reconsideration of Penalty Under Section 125 for Non-Filing of Annual Return for F.Y. 2020-21Dear Sir/Madam,I am writing to address the notice issued by your esteemed office regar...

Dear Sir/Madam,I am writing to address the notices I have received regarding the late fees imposed in Form ASMT-10 for the delayed filing of CMP-08 for the financial year 2019-2020. I sincerely apolog...

[Recipient's Name] [Recipient's Position] [Department Name] [Address] [City, State, Zip Code] Subject: Clarification Regarding GST Treatment of Performance-Based Discounts Dear [Recipient's Name],We a...

केंद्र सरकार द्वारा सेवानिवृत्त न्यायाधीश संजय कुमार मिश्रा को वस्तु एवं सेवा कर अपीलीय न्यायाधिकरण (जीएसटीएटी) का अध्यक्ष नियुक्त किया गया है। इस कदम का उद्देश्य व्यवसायों से संबंधित विवादों के समाधा...

Editorial Note:Navigating Input Tax Credit (ITC) claims under special circumstances requires careful consideration of the provisions outlined in Section 18 of the GST Act. The Act provides specific en...

Editorial Note:The process of interest recovery under GST has significant implications for taxpayers, particularly when show cause notices are issued for delayed filings or payment discrepancies. The...

Editorial Note:Navigating the complexities of Input Tax Credit (ITC) transitions and reversals within the GST framework requires a clear understanding of statutory provisions. This article provides pr...

IntroductionThe Goods and Services Tax (GST) system aims to simplify the taxation process in India. However, complexities in the GST refund mechanism often create challenges for businesses. This artic...

IntroductionCredit and debit notes play a crucial role in managing tax adjustments under the Goods and Services Tax (GST) regime. They address discrepancies in issued invoices and ensure accurate tax...

Power to Arrest Under Section 69 of the GST ActIntroductionThe Goods and Services Tax (GST) Act includes provisions for arresting individuals suspected of committing specific offences. Although the te...

Overview of GSTThe Goods and Services Tax (GST) is a comprehensive, multi-tiered, destination-based tax imposed on the supply of goods and services in India. Despite its broad scope, specific goods an...

1. IntroductionUnder the Goods and Services Tax (GST) regime, the government has been empowered to specify a list of services on which GST is payable on a reverse charge basis. In this regard, the gov...

1. IntroductionUnder the Goods and Services Tax (GST) regime, the government has been empowered to specify a list of goods on which GST is payable on a reverse charge basis. In this regard, a notifica...

1. Introduction to Reverse Charge Mechanism (RCM)In the Goods and Services Tax (GST) regime, the liability to pay tax generally lies with the supplier of goods or services. However, the GST law also p...

GST Revenue Collection Second highest monthly Gross GST Revenue collection in March at ₹1.78 lakh crore; Records 11.5% y-o-y growth (18.4% on net basis) Gross Good and Services Tax (GST) revenue for M...

Subject: Writ Petition for Quashing Show Cause Notice No. [SCN Number] dated [SCN Date] for the Financial Year [20XX-XX]Ref: [Name of Individual/Firm/Company] - GSTIN: [GSTIN Number]Respected Sir/Mada...

Subject: Rectification of IGST Input Tax Credit Wrongly Claimed under CGST and SGSTDate: [DD/MM/YYYY]To, The Jurisdictional Officer, [Address]Respected Sir/Madam,We, M/s [Company Name], having GST Reg...

Power of Inspection, Search, and Seizure under GST 1. Introduction Section 67 of the Central Goods and Services Tax (CGST) Act, 2017 provides the legal framework for authorities to exercise the power...

Refunds of ITC on Zero-Rated Supplies Made Under LUT/BondIntroduction A registered person can make zero-rated supplies of goods or services with payment of GST or without payment of GST under a Letter...

Procedure to Claim Refund under GST: A Step-by-Step GuideIntroduction A person claiming a refund of tax, interest, or any other amount under GST must comply with the specified procedure laid down in t...