As we discussed in our earlier blog about the appeal process, we got to know about the Hierarchy of 4 levels of Appeal under GST. Taxpayers can approach the First level i.e., Appellate authority against the adjudication order, and thereafter…
Appeal Process Under GST A Robust Mechanism for Resolving Tax Disputes (Part -1)
Now that adjudication under the Goods and Services Tax (GST) law is in full swing, GST officers are issuing notices and conducting adjudicating processes against the Taxpayers on a scrutiny basis. Based on the Adjudication conducted by the GST officer,…
Government Supports Importers To Help India Fight With Covid-19
In view of the ongoing pandemic crisis in India, the government is playing a crucial role in dealing with the worst situation ever faced by the country. The second wave of COVID-19 has hit the country badly as cases swept…
Recent Madras High Court Judgment- Eradicating the Hardships of Bonafide Recipients
In the Pre-GST era, many debatable issues had been settled by various high court judgments. Among the various issues, one of the burning issues, which was highly debatable even before GST came into the picture was whether ITC would be…
Supreme Court Extends the Limitation Period for Providing Relaxation to Taxpayers
It was on 23rd March 2020 that the Supreme Court extended the limitation period for filing petitions/applications/suits/appeals and all other proceedings in all courts and tribunals with effect from 15th March 2020 until further orders. A bench headed by The…
Increasing GST Revenues Amidst Pandemic Outbreak-A Blessing in Disguise!
The Government of a nation is responsible for the welfare and well-being of the people. To achieve this aim, the government has to spend its resources on various sectors such as infrastructure, health, agriculture, defence, etc. But money can be…
CBIC Introduces Improved Functionality of PMT-03 For Re-Crediting ITC Sanctioned as Refund
The government has always been under the lens of the taxpayers for seamlessly granting the refund. Currently, the taxpayers are facing delays in the grant of refunds due to stringent rules and regulations for processing refunds. The majority of the…
GST – A Roadmap Ahead (Part-2)
In continuation to the previous blog, there are certainly more important changes in CGST Act,2017 which commence on such date as the Central Government may, through a notification in the Official Gazette, appoint. Section 74 of CGST Act,2017 From Section…
GST – A Roadmap Ahead
There were certain important amendments in the financial proposal of the Central Government for the financial year 2021-2022 regarding GST which emphasized collecting taxes, overruling all previous supreme court judgments or high courts judgments. An Act to give effect to…
Whether SEZ Units/Developers Are Eligible to Claim Refund?
Every taxpayer making payment of taxes to the Government on their purchases is knocked off while making the outward supply. A taxpayer must bear the tax liability on the value addition made by him, at each stage. But sometimes supply…