Case Name:- Reserve Bank of India (GST AAR Maharashtra) Appeal Number: Advance Ruling No. GST-ARA-117 of 2022-23/2024-25/B-53 Date of Judgement/Order: 31/07/2024 (1) Shri. AJAYKUMAR V. BONDE Joint Commissioner of State Tax, (Member) (2) Ms. PRIYA JADHAV, Joint Commissioner of Central Tax, (Member) BACKGROUND: The present application has been filed under Section 97 of the Central […]
Conditional Waiver to Interest/ Penalty relating to demand raised u/s 73 of CGST Act, 2017- Introduction: Based on the recommendation of the GST Council and in response to the challenges faced by taxpayers during the early years of GST implementation, the Government has introduced Section 128A of the CGST Act, 2017. This section allows for […]
Amendment to Section 16 of CGST Act, 2017 The Finance Bill 2024, introduced in Parliament on 23rd July 2024, proposes major changes in Income tax law, Direct and Indirect taxes. Chapter V of the Finance Bill provides several new amendments to provisions of the CGST Act, 2017. Section 16 of the CGST Act, 2017 provides […]
Magazine on Tax Update Part-5 (June-2024) || Online Publication-13.07.2024 Subscription Option Available Subscription for E-GST Update Rates (Hindi) YEAR PRICE Click For Subscription (After Payment Send Receipt on What’s App Number- 8386982822) 1 Year 350/- Subscribe 2 Year 600/- Subscribe legal-Tax-Guru-small Bank Option only 2 Year Name- LTG Publication Pvt Ltd Bank- IDBI Bank Ltd Account Number:- 1278102000010362 […]
CBI ARRESTED A GST INSPECTOR The CBI apprehended an Inspector of CGST while taking a bribe of Rs. 2.50 lakh from the complainant in Rajkot. The Complainant is an authorized person of a private entity. On 03.07.2024, the Central Board of Investigation registered a case against an Inspector of CGST in Rajkot, based on allegations […]
जीएसटी काउंसिल की बैठक के नए निर्णय से मिली व्यापारियों/ कारोबारियों को राहत जीएसटी परिषद की 53वीं बैठक 22 जून 2024 को नई दिल्ली में आयोजित की गई, जो पिछली बैठक के लगभग आठ महीने बाद हुई थी। इस बैठक की अध्यक्षता नवनियुक्त केंद्रीय वित्त एवं कॉर्पोरेट कार्य मंत्री श्रीमती निर्मला सीतारमण जी ने की।लोकसभा […]
जीएसटी अपडेट(हिन्दी)पत्रिका भाग -IV ( मई-जून2024) Pub Date:- 28.06.2024 Subscription Option Available Subscription for E-GST Update Rates (Hindi) YEAR PRICE Click For Subscription (After Payment Send Receipton What’s App Number- 8386982822) 1 Year 350/- Subscribe 2 Year 600/- Subscribe legal-Tax-Guru-small Bank Option only 2 Year Name- LTG Publication Pvt Ltd Bank- IDBI Bank Ltd Account […]
RECOMMENDATIONS: MAJOR RECOMMENDATIONS OF 53rd GST COUNCIL MEETING The 53rd GST Council met under the chairperson of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi. The meeting was also attended by the by Union Minister of State for Finance Shri Pankaj Chaudhary, Chief Ministers of Goa and Meghalaya; Deputy Chief […]
GUIDELINES ON ISSUANCE OF SUMMONS UNDER SECTION 70 OF THE CGST ACT-2017 Instruction No:-03/2022-23 (GST-Investigation) It has been brought to the notice of the Board that in certain instances, summons under Section 70 of the Central Goods and Services Tax Act, 2017 (‘the CGST Act’) have been issued by the field formations to the top […]
Refund on Account of Export of Goods (With Payment of Tax) Q 1. Am I eligible to receive the refund of IGST and Cess paid on export of goods if I have filed GSTR-3B? Ans:- Yes, you are eligible for Refund of Integrated Tax and Cess on account of Export of goods (with payment […]