CBIC issues intra-dept. directive for recovery of interest on delayed returns

CBIC issues intra-departmental directions for recovery of interest payable on delayed payment of tax under section 50(1) of CGST Act,.....

Feb 14, 2020

Eye Share: Key Recent Developments in the Interpretation of the Scope of ‘Supply’

Under GST, determining whether an activity falls under the meaning and scope of ‘supply’ is important to determine the applicability.....

Feb 12, 2020

Finance Ministry explains measures/steps taken to curb fraudulent/irregular GST claims

Ministry of Finance informs that in order to identify cases of fraudulent claims under GST, certain measures are taken up.....

Feb 12, 2020

Eye Share: Restriction on Buyer’s ITC for Seller’s Default – Is Government Fighting a Losing Battle?

The issue of bogus claims of credit is a ghost from the past and is bothering the Government even under.....

Feb 11, 2020

Eye Share: Retrospective Amendment to Transitional Credit Provision – A Clear Picture

Budget 2020 had proposed a retrospective amendment to Section 140 of CGST Act, 2017 empowering the Central Government to prescribe.....

Feb 10, 2020

Interest applies only on 'cash-component' of delayed tax remittance, Section 50 amendment 'retrospective'

Madras HC allows writ, holds that interest u/s 50 of CGST Act could be demanded only on 'cash' component of.....

Feb 15, 2020

Dismisses review petition, upholds validity of Notification assigning functions of 'proper officer'

HC dismisses review petitions filed against the earlier HC-order dismissing challenge to the constitutional validity of Circular dated July 05,.....

Feb 15, 2020

HC: Interest liability 'automatic', however, 'quantification' not a 'unilateral arithematic exercise', holds Third Member

Third Member holds that “though the liability of interest under section 50 is automatic, quantification of such liability shall have.....

Feb 14, 2020

NAA: Dismisses profiteering allegation against 'Xiaomi', citing no change in selling-price post GST

NAA dismisses application alleging violation of provisions of Section 171 of the CGST Act on supply of ‘Xiaomi-MI Power Bank’.....

Feb 14, 2020

AAR: Rejects application as question raised do not pertain to supply by applicant

Maharashtra AAR rejects application seeking ruling whether the services provided to the applicant shall be exempt from GST being pure.....

Feb 12, 2020

Refuses to interfere with Rajasthan HC’s direction allowing GSTR-9/9C filing till Feb 12

SC refuses to interfere with the order of Rajasthan HC directing Revenue to accept GSTR-9/9C without late-fee till February 12;.....

Feb 10, 2020

HC: Directs Revenue to accept GSTR-9/9C return till February 12 'without late-fees', cites 'portal-glitches'

Rajasthan HC (Jodhpur Bench) directs Revenue to accept GSTR-9 and GSTR-9C till February 12, without late fees; Further directs Revenue.....

Feb 06, 2020

Twin due-dates notified by CBIC for filing GST annual return for FY 17-18

CBIC extends due dates for GSTR-9 and 9C for FY 2017-18 in a staggered manner for different group of States.....

Feb 04, 2020

Budget 2020 proposes making fraudulent ITC availment a cognizable/non-bailable offence

Budget 2020 proposes making the offence of fraudulent availment of ITC without an invoice or bill a cognizable and non-bailable.....

Feb 01, 2020

GST collections for Jan second highest since introduction, crosses 1.1 lakh crore

GST revenue collection for the month of January 2020 stand at Rs. 1,10,828 crore comprising of CGST Rs.  20,944 crore,.....

Feb 01, 2020

HC : Bombay HC continues ad-interim relief in arrest matter, citing issue pendency before SC(LB)

HC directs continuation of ad-interim relief granted earlier, restraining Revenue from taking any coercive action against assessee in respect of arrest.....

Jul 12, 2019

HC : Press Release clarifying last date of availing ITC to be GSTR-3B due date, 'illegal'

Gujarat HC holds the Press Release dated October 18, 2018 to the extent clarifying that the last date for availing.....

Jul 08, 2019

Notification prescribing output-tax payment before GSTR-3B due date challenged before Telangana HC

Telangana HC issues notice in writ challenging vires of Notifications issued u/s 168 of CGST Act r/w Rule 61(5) of.....

Jul 17, 2019

Govt. issues Standard Operating Procedure (SOP) for TDS updated as on February 18, 2019

Govt. issues Standard Operating Procedure (SOP) for TDS updated as on February 18, 2019; Includes procedure for filing TDS Return.....

Feb 18, 2019