Category: GST Rates

Kerala HC Clarifies: Non-Service of Notice vs. Lack of Knowledge

March 5, 2025March 6, 2025 Chandan Tiwari No Comments

The Kerala High Court has provided significant clarification on the distinction between non-service of notice and lack of knowledge of service of notice, emphasizing the implications for the principles of natural justice. Justice Bechu Kurian Thomas delivered this observation in the case titled M/s Ramanattu Motor Corp. v. State of Kerala (WP(C) No. 23872 of 2024), which involved a dispute…

CGST, Goods and Services Tax (GST) in India, GST, GST Advance Ruling Authority, GST Amnesty Plan, GST Amnesty Scheme, GST Appellate Tribunal, GST E-Way Bill, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Related Disputes, GST Revenue Collection, GSTAT, GSTR-1, GSTR-3B, IGST, SGST

53rd GST Council Meeting: Key Highlights and Recommendations

June 24, 2024June 24, 2024 Chandan Tiwari No Comments

The 53rd GST Council Meeting introduced significant measures to simplify tax processes, reduce litigation, and provide targeted tax reliefs. Here are the key takeaways: Waiver of Interest and Penalties: Extended Deadline for Input Tax Credit: Monetary Limits for Appeals: Reduced Pre-Deposit for Appeals: Appeal Filing Period Adjustment: Interest Relief on Delayed Returns: Anti-Profiteering Sunset Clause:…

Navigating the Latest Developments in GST

May 22, 2024May 22, 2024 Chandan Tiwari No Comments

In recent months, significant strides have been made in the administration and enforcement of the Goods and Services Tax (GST) in India. These changes encompass new directives from the Central Board of Indirect Taxes and Customs (CBIC), critical judicial rulings, and the operationalization of the GST Appellate Tribunal. Despite GST being a relatively young system,…

CBIC, CGST, DGGI, Goods and Services Tax (GST) in India, GST, GST Advance Ruling Authority, GST Amnesty Plan, GST Amnesty Scheme, GST Appellate Tribunal, GST E-Way Bill, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Related Disputes, GST Revenue Collection, GSTAT, GSTR-1, GSTR-3B, IGST, India's Economic, Input Tax Credit, SGST

GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore

May 3, 2023May 3, 2023 Chandan Tiwari No Comments

The gross GST revenue collected in the month of April, 2023 is ₹ 1,87,035 crore of which CGST is ₹38,440 crore, SGST is ₹47,412 crore, IGST is ₹89,158 crore (including ₹34,972 crore collected on import of goods) and cess is ₹12,025 crore (including ₹901 crore collected on import of goods). The government has settled ₹45,864 crore to CGST and ₹37,959 crore to SGST…

GST Revenue Collection, CGST, GST, GST Advance Ruling Authority, GST E-Way Bill, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GSTR-1, GSTR-3B, IGST, SGST

Tax Dept to study data, use AI, IOT to Plug leaks

September 15, 2022September 15, 2022 Chandan Tiwari No Comments

Finance Minister Nirmala Sitharaman has asked the revenue departments under the Central Board of Indirect Taxes and Customs (CBIC) to use artificial intelligence, data analytics and internet of things (IoT) to identify leadages arising from frauds and tax evasion. She said that the traing for tax officials in all these areas would comence soon. The…

CBDT, CBIC, CGST, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Revenue Collection, GSTR-1, GSTR-3B, ICSI, IGST, Marketing, Media

Latest Advisory for Filing nil GSTR-1 with single click

August 26, 2022August 26, 2022 Chandan Tiwari No Comments

It has been constant endeavor to improve the user experience and performance of GSTR-1/IFF filing and hence significant improvements in Summary Generation process, quicker response time and enhanced user-experience for the taxpayers have been achieved. In order to further simplify the return filing experience a single click NIL filing of GSTR-1 has been introduced on…

CGST, GST, GST Advance Ruling Authority, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Revenue Collection, GSTR-1, IGST, SGST

Paid on marriage of more than 10 lakhs, even if you want to take a house on rent, you will have to pay GST

August 13, 2022August 16, 2022 Chandan Tiwari No Comments

If a person will rent his house to a GST registered person or company even if he is not registered in GST, then the tenant will have to pay 18% GST. GST on casinos, online gaming and horse racing will be discussed in the meeting of the GST Council to be held at the end…

CGST, GST, GST Advance Ruling Authority, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Revenue Collection, IGST, SGST

GST applicability on pre-packaged and labelled goods

July 19, 2022July 19, 2022 Chandan Tiwari No Comments

The changes relating to GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting, came into effect from today, 18th of July, 2022. One such change is moving from imposition of GST on specified goods when bearing a registered brand or brand in respect of which an actionable claim or…

CGST, GST, GST Advance Ruling Authority, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Revenue Collection, GSTR-1, GSTR-3B, IGST, SGST

GST reduced from 18% to 5% for domestic Maintenance, Repair and Overhaul (MRO) services

March 16, 2022July 16, 2022 Chandan Tiwari No Comments

The average number of the passenger carried in the pre-Covid financial year (2019-20) was around 4 lakh per day. On 6th March 2022, domestic airlines in India carried around 3.7 lakh passengers. The number of daily air passengers may cross pre-COVID levels in a few months. GST reduced from 18% to 5% for domestic Maintenance,…

GST, Airports, Airports Navigation Services, GST Rates, IGST, Media, SGST

Understanding the GST E-Way Bill – How Will It Work?

December 27, 2017October 26, 2022 Chandan Tiwari No Comments

Under the newly introduced GST regime, the transporters are required to carry an electronic or e-way bill at the time of moving the goods from one location to another. It is a mandatory requirement and the transporters, consignors, and consignees must comply with it. This is an online version of the earlier accepted Way Bill…

GST, GST Advance Ruling Authority, GST E-Way Bill, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Revenue Collection, GSTR-1, GSTR-3B, ICSI, IGST, Marketing, Media