Category: GST
The GST law provides stringent powers of inspection, search, seizure and arrest to tackle tax evasion. This article examines the safeguards it offers to protect taxpayer rights during such …
GST audit scrutinizes taxpayer records to verify compliance, validate input tax credits and returns. Understand audit process, timeline, documents required, and benefits.
Explore the new requirement of 2FA for accessing e-Way Bill and e-Invoice System by taxpayers with AATO above Rs 20 cr from November 20, 2023.
GSTN Advisory about newly introduced biometric Aadhaar-based authentication and verification procedure for GST registration applicants in Puducherry and Gujarat.
CBIC notifies one-time special procedure for specified taxpayers to file delayed appeals by 31/01/2024 against GST orders passed under Sections 73 & 74, relaxing norms beyond previous deadline of …
An advance ruling clarifies that conversion services on registered entities' inputs would be treated as job work services attracting 12% GST under entry 26(id) of notification 11/2017.
CBIC clarifications vide Circular 206/18/2023 on levy of GST for passenger transport, renting of vehicles, supply of electricity by landlords, job work services for malted barley, exemptions for DMFTs …
CBIC circular 205/17/2023 clarifies 5% GST rate applicability on imitation zari threads/yarns made from metallized polyester/plastic films based on recommendations of the 52nd GST Council meeting.
CBIC clarifications on taxability of personal and corporate guarantees provided to banks/financial institutions vide GST Circular 204/16/2023.
CBIC Clarification circular 202/14/2023 on conditions for export of services under GST when payment is received in INR through special vostro accounts as per RBI circular.