Lawgics – Judgment No. 109
The Court found no reason to invoke the extraordinary jurisdiction under Article 226, especially since it is not a measure to be employed where there are alternate remedies available and the assessee has not been diligent in availing such alternate remedies within the stipulated time. The law favours the diligent and not the ignorant. Read more
Many large companies to move Appellate Authority against GST demand notices
Many large companies that have received GST demand notices have decided to file an appeal with the Appellate Authority. Read more
THIS state is the biggest contributor to GST collection at 19.6%, leads per capita consumption spend
Maharashtra, with a 19.6 per cent share in all-India Goods and Services Tax (GST) collection in fiscal 2024 (April-February), is the top contributor to the GST pool, as per latest data on collections across Indian states, cementing its position as the country’s economic powerhouse. A Crisil report released on April 11 reveals that after Maharashtra, Karnataka was the second biggest contributor to the GST pool. Read more
March 2024 GSTR-1 due date extended
The timelines for furnishing GSTR-1 for the registered persons required to furnish return u/s 39(1), other than the registered persons who are required to furnish return for the month of March, 2024 shall be extended till 12.04.2024. Read more
IRS Officer S. Selvan Appointed as GST Commissioner, Ranchi
S. Ravi Selvan, an Indian Revenue Service (IRS) officer (C&IT) of 1992 batch, has been appointed as Commissioner, Appeal, GST & CX Zone, Ranchi. Read more
Issuance of SCN /Orders u/s 73 and 74 – numbering of SCN – guidelines – Kerala GST
Show Cause Notices and adjudication orders are duly recorded and tracked through litigation cycles that may last many years. For this purpose, it is necessary that Show Cause Notices and adjudication orders (Order in Original) are numbered in such a manner that they have a unique, easily identifiable number. Read more
Issuance of Orders u/s 107 and 108 of GST – Numbering of Appellate and Revisional Orders – guidelines
Office of the Commissioner of State Tax, State GST Department, Thiruvananthapuram issued Circular No. 05/2024 , File No. SGST /2699/2024-PLC-9 regarding issuance of Orders u/s 107 and 108 of SGST/ CGST/ IGST Act – Numbering of Appellate and Revisional Orders – guidelines issued. Read more
Clarification on discharge of Export Obligation of Advance Authorisation (AA)
DGFT issued Policy Circular No. 01/2024 dated 12.04.2024 on subject “Clarification on discharge of export obligation of Advance Authorisation (AA) bearing Customs Notification No. 18/2015 – Customs Read more
CBDT Issues FY’25 Interim Action Plan for Tax Officers
The income tax department has come out with an interim action plan for 2024-25 fiscal year, which include identification of potential cases of prosecution, wherein there is short-payment of TDS and faster disposal of appeals. Read more
Employees must prove TDS deduction if company defaults on its deposit
A decision by the Mumbai bench of Income-Tax Appellate Tribunal (ITAT) emphases that the onus of proof of TDS against salary income lies with the employee. To prevent denial of tax already deducted against their salary income, tax experts say employees should keep handy their salary slips and Form 16A – the TDS certificate handed over by the employer at the end of a financial year. Read more
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