GSTN Advisory for Waiver Scheme under Section 128A
It is to inform that both Forms GST SPL 01 and GST SPL 02 are available in the GST portal and the taxpayers are advised to file applications under waiver scheme.
Month: January 2025
GSTN – Generation Date for Draft GSTR 2B for December 2024
In light of the extended due dates for filing GSTR-1 and GSTR-3B returns for the month of December 2024 (Quarter Oct-Dec 2024) as per Notifications No. 01/2025 and 02/2025 dated 10th January 2025, the Draft GSTR-2B for the month of December 2024 (Quarter Oct-Dec 2024) will now be generated on 16th January 2025 in accordance with the rule 60 of CGST Rules, 2017.
GSTN Advisory on Extension of Due Date w.r.t GSTR 1 and GSTR 3B
GSTN Advisory no. 571 dated 10.01.2025 Dear Taxpayer, Due Date for filling of GSTR-1 and GSTR-3B have been extended by two days. For details refer to Notification No. 01/2025 – (CT) dt. 10th January, 2025 and Notification No. 02/2025 – (CT) dt. 10th January,…
GSTN: Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR 1A
Phase-III regarding Table 12 of GSTR-1 & 1A is being implemented, from return period January 2025. In this phase manual entry of HSN has been replaced by choosing correct HSN from given Drop down. Also, Table-12 has been bifurcated into two tabs namely B2B and B2C, to report these supplies separately.
New GSTN advisory: GST registered suppliers must take note of these new changes made in GSTR-1 from January 2025
GSTN has implemented multiple changes in Table 12 of GSTR-1 return starting from the January 2025 tax period. The deadline to file GSTR-1 for January 2025 tax period is February 11, 2025. This means on or before February 11, 2025 when you file GSTR-1 the specified new rules will have to be followed otherwise the return will be considered faulty. Needless to say if the supplier’s GSTR-1 is faulty then the buyer’s GSTR-2B will get populated with wrong details.
Department shall provide the copies of documents/data derived from seized items during search and seizure proceedings
The Hon’ble Delhi High Court in the case of Aimay (P) Ltd. directed the Department to comply with the provisions of Section 67 of the CGST Act by ensuring that the copies of the documents and data seized be provided to the Petitioner, and the documents, records, laptops, CPUS and Mobile Phones are seized only till the time they are required but the time period in any case shall not exceed the time period later than 30 days after issuance of notice.
Central GST Department required to issue documents including orders both in Hindi and English Language
The Hon’ble Andhra Pradesh High Court in the case of Subodh Enterprises allowed the writ petition and held that, the Central GST Department is required to issue the Order or any other document both in English and Hindi language.
SCN and Order devoid of required particulars to contest claim of erroneous refund is void
The Hon’ble Madras High Court in the case Tvl. Orange Sorting Machines (India) (P.) Ltd. allowed the writ petition and held that the SCN issued, and order passed without providing required particulars based on which refund has been rejected is void
Telecom towers are moveable property which are eligible for ITC
The Hon’ble Delhi High Court in the case of Bharti Airtel Limited held that telecommunication towers do not qualify test of permanency, they are not ‘attached to earth’, they can be dismantled and moved and are never erected with an intent of conferring permanency and their placement on concrete bases was only to enable those towers to overcome vagaries of nature. Hence, they can be considered as moveable property which is eligible for Input Tax Credit (“ITC”).
Gujarat High Court sent case back to reconsider refund request as per CBIC’s circular on adjusted total turnover calculation
The Hon’ble Gujarat High Court in the case of Kashi Exports disposed of the petition where the Assessee was exporting goods under LUT was paid refund of unutilized accumulated ITC as per the Rules 89(4)of the CGST Rules, during pendency of petition, clarification issued on manner of calculation of Adjusted Total Turnover consequent to Explanation (c) inserted in Rule 89(4) of the CGST Rules. Hence, the refund application was to be reconsidered.