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GST ComplianceSection 24 of CGST Act: Compulsory registration (updated till on July 2024)
Section 24 of the CGST Act as amended by the Finance Act 2023 Note: Section 24 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On
GST ComplianceSection 23 of CGST Act: not liable for registration (updated till on July 2024)
Section 23 of the CGST Act as amended by the Finance Act 2023 Note: Section 23 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On
GST ComplianceSection 17 of CGST Act: Apportionment of credit and blocked credits (Updated till on July 2024)
Section 17 of CGST Act Section 17 of CGST Act provide for the apportioned credits and blocked credits. The manner of apportionment is given in ITC Rules. (1) Where the goods or services or both are used by the registered person partly for the purpose
GST ComplianceSection 4 : Appointment of Officers (Updated till July 2024)
Section 4 of the CGST Act as amended by the Finance Act 2023 Note: Section 4 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On
Short title, extent and commencement: Section 1 of the CGST Act (Updated till July 2024)
Short title, extent, and commencement: section 1 of the CGST Act as amended by the Finance Act 2023 Note: section 1 of the CGST Act is amended by the CGST Finance Act 2023. TEXT of Section: (1) This Act may be called the Central Goods
GST ComplianceSection 3 : Officers under this Act. ( Updated till July 2024 )
Section 3 of the CGST Act as amended by the Finance Act 2023 Note: Section 3 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On
GST ComplianceAmended Section 10 of the CGST Act: Composition Levy (Updated till on July 2024)
What is composition levy for small taxpayers in GST covered by section 10 of the CGST Act? Composition levy is a scheme for small taxpayers. They can opt for this scheme to reduce their compliance. A composition taxpayer is required to file only 4 returns
GST ComplianceScope of supply : section 7 of the CGST Act (updated till on July 2024)
Scope of supply: section 7 of the CGST Act as amended by the Finance Act 2023 Note: The Scope of supply: section 7 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is
GST ComplianceSection 5 : Powers of officers under GST (Updated till July 2024)
Section 5 of the CGST Act as amended by the Finance Act 2023 Note: Section 5 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On
GST ComplianceSection 6: Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances(updated till July 2024)
Section 6 of the CGST Act as amended by the Finance Act 2023 Note: Section 6 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On
Analysis of 16 CBIC circulars providing the biggest relief to the taxpayer
1. Analysis of Circular no. 01 dated 27 June 2024 – Reduction of Government Litigation – fixing monetary limits for filing appeals or applications by the Department before GSTAT, High Courts and Supreme Court The Circular No. 207/1/2024, issued by the Ministry of Finance on
CA Shafaly Girdharwal
Discussing Some of the Recent High-Stakes Legal Settlements and Their Effects
In the ever-evolving landscape of legal battles, recent high-stakes settlements have captured global attention, sparking discussions on corporate accountability and consumer protection. These multimillion-dollar agreements, spanning industries from healthcare to technology, reflect the complex dynamics of regulatory scrutiny and corporate responsibility. As companies navigate allegations