GST Articles

New Portal Launches for E-Way Bill

CA Anoop Kumar Sharma 29 May 2024 at 08:47

GSTN is pleased to announce the launch of the E-Way Bill 2 Portal by NIC on June 1, 2024, through an issue advisory dated May 28, 2024.

Illness: A Genuine Cause for Relief in Indian GST

Abhishek Raja 29 May 2024 at 08:44

This article explores the judicial wisdom and statutory provisions that address this issue. We will delve into specific cases where courts have provided relief due to illness and analyze the constitutional aspects that may be applicable.

GST Audit: A Comprehensive Overview

CA Anoop Kumar Sharma 25 May 2024 at 14:16

In this article we discuss a comprehensive overview that delves into the initiation, timeline, and methodology of GST audits, shedding light on practical considerations.

Different Grounds in Show Cause Notice and Order in Indian Indirect Tax and GST Law

Abhishek Raja 24 May 2024 at 08:44

A Show Cause Notice (SCN) is a preliminary document issued by tax authorities to a taxpayer when there is an alleged non-compliance or violation of tax laws.

Understanding Rule 86B of CGST Rules: Restrictions on ITC Utilization

CA. Bhavik P. Chudasama 22 May 2024 at 14:39

The Central Goods and Service Tax (CGST) Act introduced Rule 86B vide Notification number 94/2020 dated 22nd December, 2020. Rule 86B is made effective from 1st January 2021 curb the menace of fake invoicing and tax evasion.

Doctrine of Merger in case where Apex Court dismisses a Case based on Threshold

Affluence Advisory 14 May 2024 at 14:11

In a recent judgment of Jharkhand HC, the captioned principle has been discussed at length.

The Conundrum of Rule 86B in Indian GST Laws!

Abhishek Raja 14 May 2024 at 08:33

The Goods and Services Tax (GST) in India has been a subject of continuous evolution since its implementation. One such aspect that has been a cause for concern among taxpayers is the compliance with Rule 86B.

GST Payable on Sale of Capital Goods under CGST Act: Section 18(6) viz-a-viz Rule 40(2) and Rule 44(6)

CA. Bhavik P. Chudasama 09 May 2024 at 17:46

The Goods and Services Tax (GST) regime allows businesses to claim Input Tax Credit (ITC) on purchases used for taxable supplies. However, there are situations where previously claimed ITC needs to be reversed.

Deciphering GST Notices: A Comprehensive Guide to Understanding and Responding Effectively

Sundaran.D 09 May 2024 at 08:47

In this comprehensive guide, we will delve into a step-by-step process to comprehensively understand and analyze GST notices, ensuring a thorough and informed response.

How B2C suppliers can claim credit note amount when issued by the registered person

Mitali 06 May 2024 at 11:43

Let's check the legal provisions related to the GST credit note issue so that we can find out whether such credit notes can be issued to B2C suppliers.