GST council to meet in June, may skip rate rationalisation
The Goods and Services Tax (GST) Council will likely meet in the second half of June, amid a new debate…
Month: May 2022
Centre released entire amount of GST compensation payable to States up to May 31, 2022
The Government of India has released the entire amount of GST compensation payable to States up to May 31, 2022…
CBDT extends Timeline to update UDINs till June 30, 2022
The Central Board of Direct Taxes has extended the timeline to update the Unique Document Identification Numbers (“UDINs”) till June…
SCRUTINY OF RETURNS UNDER GST – STANDARD OPERATING PROCEDURE (SOP)
Scrutiny means thorough checking of documents, verification of records of business transaction, cross examination of turnover of the taxpayers vis-à-vis…
GST Officers to recover GST only by following the procedure prescribed in the law
The investigation officers or GST officers were visiting the premises of the taxpayers and forcefully asking them to pay tax…
GST refund cannot be denied for furnishing exports detail in incorrect field in GSTR-3B
The Madras High Court (HC) has observed that the procedure laid down under Rule 96 of CGST Rules, 2017 cannot…
CBIC has waived late fee for filing GSTR-4
CBIC has waived the late fee applicable for filing of GSTR-4 till 30th June 2022. GSTR-4 is a return which…
GST Intelligence officials bust 2 fake invoicing rackets
In the past week, officials of the Director General of GST Intelligence, sub-national unit (east), busted two rackets of fake…
Air circulation fans supplied to poultry house for providing ventilation to Livestock attracts 18% GST: Gujarat AAR
The Gujarat Authority of Advance Ruling (AAR) has ruled that the air circulation fans supplied to poultry houses for the…
Minimum 7 days time has to be granted to the Taxpayer to file reply to the SCN: Delhi HC
The Hon’ble Delhi High Court has held that under Section 148A(b) of the Income Tax Act, a minimum time of…