Eye Share : Applicability of interest on delayed filing of returns ?

As per Section 50 of the CGST Act, delayed payment of GST attracts interest at the rate of 18% percent.....

Feb 21, 2019

Due date for filing GSTR-3B for Jan 2019 extended upto Feb 22

Due date for filing GSTR-3B for the month of January, 2019 have been extended upto February 22; Further, the due.....

Feb 20, 2019

GST Council's 33rd meeting on real estate & lottery issue inconclusive, next meet proposed on Sunday

GST Council's 33rd meeting concludes today; Deadline for GSTR-3B filing extended by 2 days; Discussions in today's GST Council meet inconclusive, says.....

Feb 20, 2019

Eye Share : GST on TCS – Right or wrong – Part II

In Part I of his 2 article series, Mr. Prateek Gattani (Advocate) discussed about nature of ‘Tax collected at source’ i.e. whether it’s in.....

Feb 18, 2019

CBIC grants one-time relaxation to suppliers of warehoused goods having paid CGST/SGST instead of IGST

CBIC grants one time exception to suppliers of warehoused goods who have paid central tax and state tax on such.....

Feb 18, 2019

HC's notice to Council, CBIC over NAA order alleging profiteering against detergent company

Delhi HC issues notices to GST Council, Department of Revenue, National Anti-profiteering Authority (NAA) and CBIC in writ challenging order passed.....

Feb 19, 2019

AAR : Treats pre-fabricated warehouse as 'immovable property', denies ITC on inward supplies

West Bengal AAR holds that the warehouse constructed by the applicant constitutes immovable property, denies input tax credit (ITC) on.....

Feb 19, 2019

HC : Upholds constitutional validity of 'saving and repeal' provisions contained u/s 174 of GST Act

HC upholds constitutional validity of saving clause contained u/s 174 of Kerala State Goods and Services Tax Act, 2017 (KSGST.....

Feb 19, 2019

HC : Directs release of attachment over bank accounts subject to requirement of minimum balance

Gujarat HC directs release of bank accounts of the petitioner provisionally attached vide notices issued u/s 83 of Gujarat Goods.....

Feb 18, 2019

HC : Directs release of vehicle detained for single e-way bill generated for multiple invoices

Kerala HC directs release of vehicle detained for generating single e-way bill for three invoices upon executing a simple bond;.....

Feb 18, 2019

HC : Upholds constitutional validity of 'saving and repeal' provisions contained u/s 174 of GST Act

HC upholds constitutional validity of saving clause contained u/s 174 of Kerala State Goods and Services Tax Act, 2017 (KSGST.....

Feb 19, 2019

GoM decides to recommend 5% GST for under-construction property

GoM decides to recommend 5% GST (without ITC) for under-construction property and 3% GST (without ITC) for affordable housing; FinMin.....

Feb 08, 2019

HC : Bombay HC stays Rs. 7.5 crores recovery in anti-profiteering matter against McDonald's franchisee

Bombay HC grants stay against recovery of Rs. 7.5 crores (approx) payable as per order of National Anti-Profiteering Authority (NAA); NAA had held franchisee.....

Feb 07, 2019

NAA : Holds 'Dominos Pizza' supplier guilty of profiteering, Section 171 inapplicable at entity level

National Anti-Profiteering Authority (NAA) upholds a case of profiteering against a quick service restaurant where base price of ‘Dominos Pizza’.....

Feb 05, 2019

Govt. extends GSTR-8 due-date, deposit's interest not includible for 'composition scheme' eligibility/threshold

CBIC extends due date for filing GSTR – 8 by e-commerce operators for the months of October, November and December, 2018.....

Feb 02, 2019

Govt. enacts GST Amendment Acts; Receive Presidential assent on August 29

Govt. enacts the CGST (Amendment) Act 2018, the IGST (Amendment) Act 2018, the UTGST (Amendment) Act 2018 and the GST.....

Aug 31, 2018

Copies of GST Amendment Bills as introduced in Lok Sabha

Govt. introduces Bills in Lok Sabha to amend CGST Act, IGST Act, UTGST Act and GST (Compensation to States) Act.....

Aug 08, 2018