The Allahabad High Court has clarified that penalty proceedings under Section 130 of the Central Goods and Services Tax Act, 2017 (CGST Act), cannot be initiated solely based on excess…
GST Officials Review Taxation of Delivery Charges by Swiggy and Zomato
The fitment committee, comprising state and central GST officials, is evaluating whether delivery charges from platforms like Swiggy and Zomato should remain taxed as part of food supplies. Key PointsInvestigation…
🟥 Foreign Income Disclosure Deadline: December 31, 2024
Ravi Agarwal, Chairman of the Central Board of Direct Taxes (CBDT), encourages taxpayers with foreign income or assets to rectify any omissions in their income tax returns before December 31,…
🏥 GST Exemption on Health & Life Insurance Needs Input Tax Credit for Policyholders’ Benefit
The Group of Ministers (GoM) has proposed exempting health and term life insurance from GST, currently taxed at 18%. This recommendation, if approved, could significantly impact policyholders and the insurance…
🟥💥 Important Update Due Date for Filing GSTR-3B Extended to November 21, 2024
✅ Due Date for Filing GSTR-3B Extended to November 21, 2024 The government has announced an extension for the filing of GSTR-3B returns for taxpayers in Maharashtra and Jharkhand due…
🟥 Deadline for Filing GSTR-3B Extended for Maharashtra and Jharkhand Taxpayers
Date: November 18, 2024Category: GST Recent News The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for filing GSTR-3B returns by one day for taxpayers with…
Department Cannot Pass an Order on the Date of Personal Hearing: Madras High Court
Case Overview The Hon’ble Madras High Court ruled in the case of M/s. SS Traders v. Joint Commissioner (ST) (Intelligence) [Writ Petition No. 15363 of 2021, dated August 16, 2024]…
Rajasthan High Court Quashes Refund Denial Based on Conflicting GST Circular
By: Admin | September 18, 2024 | Categories: GST Law | 3 Min Read In the case of M/s MO Industries v. Union of India [D.B. Civil Writ Petition No.…
MoS Finance Likely to Lead GoM on GST Compensation Cess
By: AdminSeptember 16, 2024Categories: GST Recent News4 Min Read The Group of Ministers (GoM), responsible for revising the GST compensation cess framework, will likely be led by Union Minister of…
HC directs Department to accept and dispose the appeal filed beyond condonable period due to Accountant’s illness
By: AdminSeptember 14, 2024Categories: Important Pronouncements4 Min Read The Hon’ble *Madras High Court, in the case of *Chandrasekaran Anand v. Deputy Commissioner (ST) [Writ Petition No. 13487 of 2024 dated…