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GST ConsultancyGST to see big overhaul in November
A series of meetings is on the horizon, dedicated to a comprehensive review of the Goods and Services Tax (GST) and the associated indirect taxation procedures. The primary aim of these meetings will be to engage in brainstorming sessions, scrutinize existing processes, and deliberate upon
Section 24 of Bhartiya Nyay Sanhita as compared to same provision in IPC Act 1860
Section 24 of Bhartiya Nyay Sanhita as compared to same provision in IPC Act 1860 on Text: In cases where an act done is not an offence unless done with a particular knowledge or intent, a person who does the act in a state of
GST ComplianceTwo factor authentication in E way bill where AATO is 20 Cr or more
The GST E-Way Bill System has issued an important update dated November 6, 2023. Starting from November 20, 2023, taxpayers with an Annual Aggregate Turnover (AATO) of Rs 20 Crore and above are required to implement Two-Factor Authentication (2FA). To ensure smooth management of E-Way
Section 25 of Bhartiya Nyay Sanhita as compared to same provision in IPC Act 1860
Section 25 of Bhartiya Nyay Sanhita as compared to same provision in IPC Act 1860 On Text: Nothing which is not intended to cause death, or grievous hurt, and which is not known by the doer to be likely to cause death or grievous hurt,
GST LitigationFuel provided free of cost by recipient will be included in the value
The public_profile can be reached at shaifaly.ca@gmail.com Cases Covered: M/s Shree Jeet Transport Vs UNION OF INDIA Citations: State of Karnataka v. M.K. Agro Tech Private Limited,. Partington v. Attorney General Rajasthan Rajya Sahakari Spg. & Ginning Mills Federation Ltd. v. CIT State Bank of
CA Shafaly GirdharwalNov 7, 2023
GST ComplianceDGGI Exposes Fraudulent ITC Claims Syndicate Involving 102 Firms, Worth Rs 275 Crore
GST authorities have uncovered a syndicate engaged in the illicit transfer of input tax credit (ITC) worth Rs 275 crore through 102 fraudulent businesses. According to an official statement from the Ministry of Finance, the officers of the Directorate General of Goods and Services
GST LitigationNo jurisdictional issues when DGGI takes over the proceedings
The public_profile can be reached at shaifaly.ca@gmail.com Cases Covered: AMIT GUPTA Vs UNION OF INDIA & ORS Citations: Indo International Tobacco Ltd. v. Vivek Prasad and Ors Facts of the cases: The petitioner has filed the present petition being aggrieved by multiple investigations being conducted
CA Shafaly GirdharwalNov 7, 2023
GST ComplianceGST Amnesty scheme for time barred appeals
Who Qualifies for Amnesty Benefits? a. Individuals subject to taxation who were unable to file an appeal against an adjudication order issued on or before March 31, 2023, and where such an appeal wasn’t filed within the permissible time limit (3 months [standard time limit]
Section 16 of Bhartiya Nyay Sanhita as compared to same provision in IPC Act 1860
Section 16 of Bhartiya Nyay Sanhita as compared to same provision in IPC Act 1860 on Text: Nothing which is done in pursuance of, or which is warranted by the judgment or order of, a Court; if done whilst such judgment or order remains in
Rate amended retrospectively for tax on specified income of Trust u/s 115BBI
This amendment is effective from 1st day of April, 2023 and applies to assessment year 2023-24 relevant to the previous year 2022-23. It is hereby certified that no person is being adversely affected by giving retrospective effect to these rules. In the Income-tax Rules, 1962,
GST Compliance7 Things before making a reply to GST notice
The public_profile can be reached at shaifaly.ca@gmail.com Jurisdiction- The notice should be from the proper jurisdictional officer. You are not required to make a reply to a notice sent without a jurisdiction. Is time-barred? – In case notice is time-barred you are not required to
CA Shafaly GirdharwalNov 6, 2023
No recovery for difference in GSTR 3b and 2A (Pdf Attach)
The public_profile can be reached at shaifaly.ca@gmail.com Cases Covered: GEETHA AGENCIES Vs DEPUTY COMMISSIONER OF STATE TAX , Facts of the cases: The petitioner’s input tax credit for an amount of Rs.1,10769/- (SGST + CGST), has been denied on the ground that there is mismatch
CA Shafaly GirdharwalNov 6, 2023