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| September 2024 (Week 1) | ||
GST NEWS BULLETIN
Fairness in Tax Enforcement: Allahabad High Court Ruling in M/S Bans Steel vs. State of U.P.
M/S Bans Steel Through Its Proprietor Alpana Jain vs. State of U.P. and 2 Others vide Writ Tax No. – 577 of 2022 dated 09.08.2024, the Allahabad High Court emphasized fairness and procedural accuracy in tax enforcement. The petitioner faced penalties due to a delay in generating an E-way bill for one invoice, which led to the interception and detention of goods.
GST Collections Overview - August 2024
In August 2024, GST collections were Rs 1.74 lakh crore, a 10% increase from last year. For 2024 so far, collections have totalled Rs 9.13 lakh crore, up 10.1% from the same period in 2023.
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