GST Articles

ITC Restrictions Under Section 17(5)(h) of CGST Act: Key Clarifications and Contradictory Judgments

Posted by deepak K Gujrati 23 January 2025 1897 Views

UPDATE 17(5)(h) of the CGST Act - GOODS LOST, STOLEN, DESTROYED, WRITTEN OFF OR DISPOSED OF BY WAY OF GIFT OR FREE SAMPLES

Delhi High Court Rules: Grounds of Arrest Must Be Communicated in Writing

Posted by CA Naveen Panwar 23 January 2025 173 Views

In a landmark judgment, the Delhi High Court, in the case of Kshitij Ghildiyal vs. Director General of GST Intelligence, Delhi [W.P. (CRL) No. 3770/2024], has underscored the importance of protecting the rights of individuals during arrest.

Allahabad High Court Quashes GST Demand for Lack of Personal Hearing

Posted by CA Naveen Panwar 22 January 2025 861 Views

In a significant judgment, the Allahabad High Court has set aside a Goods and Services Tax (GST) demand order due to the absence of a personal hearing, reaffirming the principles of natural justice in taxation matters.

Important Changes in GST from 16th January 2025

Posted by CA Umesh Sharma 21 January 2025 10808 Views

The recent GST notifications introduce various changes aimed at streamlining compliance and addressing specific sectors. Let's break down the key important notifications point by point.

GST Department using 26AS, AIS & ITR for Verifying Income Tax Data

Posted by Ayush 16 January 2025 6330 Views

The GST department is actively monitoring taxpayers income using Form 26AS, AIS, and IT Returns to detect tax evasion which shows a coordinated effort between the GST and Income Tax departments.

GST registration to be cancelled retrospectively? What to reply?

Posted by CA Aman Rajput 16 January 2025 4968 Views

The issue regarding ITC, which is claimed on invoices received from the suppliers whose GST registration was retrospectively cancelled, is an important matter that is in question in GST compliance, as indirectly it is attracting double taxation along with interest or penal consequences.

Judgment on assignment of Leasehold Rights under GST - Big Relief to Taxpayers

Posted by CA Umesh Sharma 14 January 2025 649 Views

Read about the latest judgment on the assignment of leasehold rights under GST, clarifying tax applicability and offering significant benefits.

Challenges Faced by Intermediaries under GST While Serving Exempt Educational Institutions

Posted by Chandan Shukla 09 January 2025 646 Views

This article aims to shed light on the issues faced by intermediaries, the legal framework governing these challenges, and suggestions for relief.

GST Confusion on Taxability of Vouchers Finally Cleared

Posted by CA Umesh Sharma 07 January 2025 993 Views

GST Circular No. 243/37/2024, dated 31st December 2024, offers clarity on the crucial topic of vouchers. Whether it's festive gift cards or discount coupons this circular makes sure that the taxpayers and businesses move forward with a clear understanding of GST implications on the same.