GST Council likely to meet soon after winter session, insurance to be in focus
GST Council to meet post winter session to discuss rate rejig on insurance, bottled water, bicycles, wristwatches, and shoes.
Chart of the Day | GST mop-up unlikely to reach FY2025 target
The Goods & Services tax (GST) hit the second-highest ever monthly collections at INR 1.88 trillion per month, in October.
GST tax demand not settled despite payment? New online form notified to help taxpayers adjust tax demand amount; here's how to do it
The Goods and Services Tax Network (GSTN) has introduced a new form, GST DRC-03A, now available on the GST portal. This form ...
No input tax credit if e-invoice not uploaded in GST portal within 30 days: New rule soon
Buyers will not be able to claim input tax credit if the seller did not upload the e-invoice on the IRP portal within 30 days ...
Safari Retreats: Apex court's decision on GST tax credits brings relief to construction sector
The Supreme Court's recent ruling clarifies GST credit eligibility for construction expenses. It emphasises the twin ...
Tax Guru1d
Cancellation of GST registration without giving reason unjustified hence matter remanded back
Gujarat High Court held that order of cancellation of registration is passed without giving any reason by the authorities ...
Centre-state budget talks, GST Council meet after Parliament session; jobs, growth, urban consumption in focus
The Centre’s upcoming budget consultations with state finance ministers, coupled with a crucial GST Council meet, underscore ...
Tax Guru21h
GST Registration Cancellation Cannot Be Rejected Due to Ongoing Tax Scrutiny
Delhi HC rules GST registration cancellation cannot be rejected solely due to pending scrutiny of past tax liabilities. Application must be processed ...
Uber liable for GST as e-commerce operator, rules Karnataka AAR
Uber, as an e-commerce operator, is required to collect and pay GST on passenger transportation services provided by cab ...
GST Council Proposes Tax-Free Health Premiums
The GST Council is considering a proposal to make health insurance premiums tax-free. This move aims to reduce the financial burden on policyholders and promote wider access to healthcare coverage. If ...
Tax officers detect Rs 25,000 crore GST evasion by 18,000 bogus firms
The Indian government has uncovered approximately 18,000 fraudulent companies registered under the Goods and Services Tax (GST) system. These companie ...
JD Supra2d
GST/HST Input Tax Credits for Dentists: Canada Revenue Agency Revokes Administrative Arrangement
New GST/HST Notice 339, published on October 25, 2024, provides that as of the first day of the fiscal year that begins on or after January 1, 2025, dentists will no longer be able to claim GST/HST ...