A. Amendment
Upgradation of NCTC software-reg.
Directorate General of Systems and Data Management issued Advisory No: 28/2024 dated 13.11.2024 to inform that NCTC will undertake a software upgrade starting from 15th November 2024, which will result in downtime of approximately 18 to 26 hours.
Circular No. 23/2024- Customs dated 14.11.2024
CBIC issued Circular no. 23/2024-Customs dated 14.11.2024 to provide Classification of Clear Float Glass.
Notification No. 47/2024-Customs dated 13.11.2024
CBIC issued Notification No. 47/2024-Customs dated 13.11.2024 to make amendment in condition 48 of Notification 50/2017 – Customs
Taxpayers are getting same invoices in GSTR-2B for both Sept 24 and Oct 24
Few taxpayers are getting the same invoices in GSTR-2B for the month of September 2024 as well as the month of October 2024. GSTN Team has identified the issue and is working to resolve the same on urgent basis. Taxpayers are also requested to raise tickets at selfservice.gstsytem.in to help you on your query. Kindly share the ticket number through Direct Message only.
B. Article
No GST is applicable for the services provided by the Director under personal guarantee and loan extensions for the Company
by CA Bimal Jain
The Hon’ble Kerala High Court in the case of M/s.Manappuram Finance Ltd. wherein, M/s Manappuram Finance Ltd. (“the Petitioner”) was served the SCN demanding the GST on the RCM for the services provided by the Managing Director concerning personal guarantee loans taken by the Petitioner and the GST payable for the services for extending the loans by the Petitioner to its subsidiary company.
Proceedings cannot be vitiated if the Order is not uploaded on the common portal
by The Hon’ble Calcutta High Court, in the case of Messers Sreema Rice Mill held that proceedings are not invalid if the SCN is not uploaded on the common portal and served by other means specified in Section 169 of the CGST Act. However, the adjudication order must be uploaded on the common portal to allow the Assessee to file an appeal. Hence, the writ petition was disposed
Department cannot pass an order on the dated personal hearing
By CA Bimal Jain
The Hon’ble Madras High Court in the case of M/s. SS Traders remanded back the order where the Assessee was mulct with huge tax liability vide Assessment Order and the on the date of hearing, 105 pages order was passed which was technically impossible. Therefore, the Order was set aside and was remitted back to pass fresh order.
C. GST Notes
by CA Pradeep Modi
GST DAILY – 286 : Seizure of goods without providing opportunity to assessee to explain discrepancy in E-Way is against natural justice: HC
GST DAILY – 287 : HC imposed cost of Rs. 50,000 on assessee for filing writ petition without clean hands
GST DAILY – 288 : HC can’t entertain writ petition against order passed by tax authority if no appeal was filed: HC
GST DAILY – 289 : Writ petition to be dismissed as alternate statutory remedy of appeal was available to assessee: HC
GST DAILY – 290 : HC quashed assessment order since GST was inadvertently shown as payable in GSTR-1 but corrected in GSTR-9 & GSTR-3B
D. Tax in Media
Price based GST will boost counterfeit products, RAI writes to govt’
GST taxpayers can’t claim pending input tax credit if GSTR 3B is not filed by this date for FY 2023-24
CBIC appoints Mohan Kumar Singh and Yogendra Garg as new members
One held for GST evasion of Rs. 19.5 crore in copper trading
ACC Limited faces Rs.15.48 Crore tax demand from GST authorities
Webinar-1
Topic – GST Litigation Course – 3 days – 2 hours each – Suggestion Form – https://forms.gle/8Lp9d17ha1GewUN88
Newsletter
Weekly newsletter covering updates on GST, Customs, DGFT, IT at Rs.249/- p.a. Sample newsletter – https://shorturl.at/uArA0
See Webinar
Videos Watch here
Follow us at Twitter
Support us contribute
Subscribe Newsletter
Share this content:
