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 the supplier but was denied Input Tax Credit (ITC) because the supplier had not remitted the tax to the government. […]
Category: GST Services
Unlock GST Savings for your next event: How did Tollygunge Club find a 5% tax rate advantage?
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 West Bengal Authority for Advance Rulings (AAR) helped Tollygunge Club in Kolkata do just that by applying a reduced GST […]
Supreme Court’s landmark interpretation of ITC on Construction: Section 17(5)(d) of CGST Act
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 paid for goods and services used in constructing immovable property intended for leasing or renting. The appellant argued that denying […]
GSTN launches new e-Services App replaces e-Invoice QR Code verifier with enhanced features
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 for a GSTIN, using multiple input methods (text, voice, or scan), and sharing search results directly from the app.
Implementation of biometric Aadhaar authentication and document verification via common portal in select states from October 2024
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 Telangana on October 5, 2024, allows applicants to receive an email after submitting Form GST REG-01 with either a link […]
Gauhati High Court Rules notification No. 56/2023-CT invalid due to absence of GST Council Recommendation
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 invalid because it was issued without the required recommendation from the GST Council, which is essential for the government to […]
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 will continue to be levied at applicable rates.
Advisory on biometric-based Aadhaar authentication and document verification for GST Registration in Odisha
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 appointment at a GST Suvidha Kendra (GSK) for biometric verification. Those required to visit GSK must carry original documents and […]
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 of GST registration cancellation is independent of any pending tax liabilities. The petitioner had ceased its business operations and applied […]
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. The highest collection this year was Rs 2.10 lakh crore in April. The total GST collection for the fiscal year […]