GST Articles

Bombay High Court Restores GST Appeal in Y.M. Motors Pvt. Ltd. vs. Union of India

CA Naveen Panwar 29 November 2024 at 08:49

The case, Y.M. Motors Private Limited vs. Union of India, highlights the judiciary's commitment to safeguarding the rights of taxpayers in instances where technicalities obstruct substantive justice.

RCM on Properties Rented from Unregistered Landlords: Challenges for Composition Taxpayers and Some Relief Strategies

Joseph Amal T A 27 November 2024 at 08:50

In this article, we discuss its implications on composition taxpayers and give some tips to reduce the financial and compliance burden.

Negative Impact of the GST Portal's New Invoice Management System on Quarterly Return Filers

CA Manoj Gupta 26 November 2024 at 08:40

The Goods and Services Tax (GST) portal has recently introduced a significant update in the form of an Invoice Management System (IMS).

Analysis of a Special Procedure for the Rectification of Orders Notified Under Section 148 of the CGST Act, 2017

Pounraj Ganesan 23 November 2024 at 14:10

Relief from demand raised due to wrong availment of ITC for FY 2017-18, 2018-19, 2019-20 and 2020-21 in Contravention of Section 16(4)

RCM on Rent for Family-Owned Properties: Impact of Notification No. 09/2024

Joseph Amal T A 21 November 2024 at 08:45

Impact of Notification No. 09/2024 on RCM for Rent Paid to Unregistered Persons: A Discussion on Family-Owned Commercial Properties

Landmark Ruling by Allahabad High Court: Goods Under GST Cannot Be Seized for Route Deviation

CA Naveen Panwar 21 November 2024 at 08:38

In a significant judgment, the Allahabad High Court, in the case of Exide Industries Ltd. v. Addl. Commissioner Grade-II (Appeal)-1, delivered on July 9, 2024, ruled that goods transported under the GST regime cannot be seized or penalized solely due to a vehicle deviating from its expected route.

Clarification on Non-Generation of GSTR-2B for October 2024

CA Naveen Panwar 20 November 2024 at 13:56

Recently, some taxpayers reported issues with the generation of GSTR-2B for the October 2024 tax period, citing its absence from the GST portal on November 14, 2024.

Resolving Gaps Between GSTR-2B and GSTR-3B Data

Mitali 19 November 2024 at 15:19

If you have observed that there are discrepancies between GSTR-2B and GSTR-3B or GSTR-2B is not generated, then you can look for these steps to re-compute it

Understanding the New IMS (Invoice Management System) on GST Portal

CA Umesh Sharma 19 November 2024 at 08:38

IMS allows recipient taxpayers to take various actions like accept, reject, or keep invoices pending based on the records uploaded by their suppliers in GSTR-1 or IFF. This gives recipients control over their Input Tax Credit (ITC) eligibility before filing GSTR-3B.

GST Amnesty Scheme 2024: Sec 128A of CGST Act 2017

CA. Bhavik P. Chudasama 14 November 2024 at 14:08

A Comprehensive Guide to Waiver of Interest and Penalty