Summary Chart of Section 128A : Section 128A of CGST Act : Waiver of interest or penalty or both relating to demands raised under section 73, for certain tax periods (1) Notwithstanding anything to the contrary contained in this Act, where any
Summary Chart of Section 74A : Section 74A of CGST Act : Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason pertaining to Financial Year 2024-25 onwards. (1) Where
Summary Chart of Section 11A : Section 11A of CGST Act :Power not to recover Goods and Services Tax not levied or short-levied as a result of general practice Notwithstanding anything contained in this Act, if the Government is satisfied that ––
The Amended Rules Under Notification 12/2024 for the Goods and Services Tax (GST) in India. These rules encompass various aspects of GST administration and compliance, including registration, valuation, input tax credit, invoicing, refunds, appeals, and more. Key highlights include: Registration Rules: Rules 8, 21, and
The index provides an extensive list of circulars issued under the Goods and Services Tax (GST) regulations from 2017 to 2024. It is organized chronologically, detailing circular numbers, issuance dates, and topics covered, which include clarifications, guidelines, and procedures on various aspects of GST. Key
What is provided by section 9 of the CGST Act? This section is a levy section of GST. Section 9 of the CGST Act tells you who is covered by GST provisions. It answers the following questions. When GST is leviable? It is leviable on
CGST Act,2017 SECTION 9. Levy and collection. SECTION 11A. Power not to recover GST not levied or short-levied. SECTION 13. Time of supply of services. SECTION 16. Eligibility and conditions for taking input tax credit. SECTION 17. Apportionment of credit and blocked credits. SECTION 30.
Recently, the Hon’ble Supreme Court, in a nine-judge constitutional bench has held that royalty is not a tax, and the State Government can levy tax on minerals under Entry 50 of List II or on mineral bearing land under Entry 49 of List II of
Hon’ble Supreme Court in Tarsem Lal v. Directorate of Enforcement Jalandhar Zonal Office – 2024 SCC Online SC 971 wherein, it has been held that if the accused person is not arrested prior to filing of the complaint, he has to only file a bond
Summary: Consolidation: Section 74A merges the provisions of the earlier Sections 73 and 74, creating a unified framework for addressing both non-fraud and fraud-related tax discrepancies. Notice and Order Timelines: Simplified and unified timelines for issuing notices and orders, with clear deadlines and conditions.
