Denial of Input Tax Credit for Non-Remittance of…
Facts of the case: In Tirupati Balaji Traders v. Union of India (Kerala High Court, July 24, 2024, W.P. (C) No. 16259 of 2024), the petitioner, a purchasing dealer, paid the full tax amount to…
Unlock GST Savings for your next event: How…
Planning an event involves many decisions, and managing costs is crucial. For businesses providing event services, structuring offerings correctly under GST can significantly impact the tax rate and final cost. In a recent ruling, the…
Supreme Court’s landmark interpretation of ITC on Construction:…
1. Case Overview: In Chief Commissioner of CGST & Ors. v. M/s Safari Retreats Pvt. Ltd. & Ors. (Civil Appeal No. 2948 of 2023), the Supreme Court addressed whether ITC can be claimed on GST…
GSTN launches new e-Services App replaces e-Invoice QR…
GSTN has launched a new e-Services app, replacing the old e-Invoice QR Code Verifier App. Key features include verifying e-Invoices by scanning QR codes, searching GSTIN details by GSTIN or PAN, viewing return filing history…
Implementation of biometric Aadhaar authentication and document verification…
Rule 8 of the CGST Rules, 2017 has been amended to enable applicant identification via Biometric-based Aadhaar Authentication and document verification on the common portal. This functionality, rolled out by GSTN in Kerala, Nagaland, and…
Gauhati High Court Rules notification No. 56/2023-CT invalid…
The Gauhati High Court has issued a significant ruling concerning Notification No. 56/2023-CT, which aimed to extend deadlines for tax compliance under Section 168A of the CGST Act. The court determined that this notification was…
No GST exemption on long-term land leases
The GoM meeting held in Goa on September 24, 2024, decided that no further GST exemptions will be granted on the long-term lease of land by private entities, including sector-specific exemptions for tourism purposes. GST…
Advisory on biometric-based Aadhaar authentication and document verification…
The GSTN has introduced biometric-based Aadhaar authentication and document verification for GST registration applicants in Odisha, effective from 28th September 2024. Applicants will receive a link via email for either OTP-based Aadhaar authentication or an…
Key court ruling on GST Registration cancellation
In the case of M/S. Sanjay Sales India vs. Principal Commissioner of Department of Trade and Taxes, NCT of Delhi (W.P. (C) 10234/2024), the Delhi High Court, on July 26, 2024, ruled that the process…
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.…