The Accountant General is a government official responsible for maintaining financial records and ensuring the accuracy and transparency of financial transactions.
The Quarterly Return Filing Scheme permits eligible taxpayers to file their GSTR-1 and GSTR-3B returns on a quarterly basis, in preference to month-to-month.
The Central Goods and Services Tax (Second Amendment) Bill, 2023, introduced in the Lok Sabha on December 5, 2023, seeks to amend the Central Goods and Services...
The world of Goods and Services Tax (GST) in India has seen its fair share of controversies and complexities. One such issue that has recently surfaced involves the pre-deposit requirement for filing appeals against GST orders.
This article will ponder upon the different views of the Court's decisions which would not only clarify the definition of 'goods' under the GST Act but also underscore the necessity for goods to be liable for confiscation under the law.
Before we dig deeper into how these unscrupulous people avail the wrongful benefit of the Input Tax Credit claim and cheat the government, we need to understand the Goods and Services Tax (GST) structure and how it works.
GSTR-9 is a summary report that businesses file annually, consolidating details of their sales, purchases, tax liability, and input tax credit for the entire financial year.
Background:This appeal challenges the inclusion of the value of scrap, cleared on payment of duty, in the assessable value determined on the basis of the sale p...
The Indian online gaming industry is facing a major tax evasion crackdown, with authorities accusing companies of evading over ₹1.12 lakh crore (US$13.7 billion) in GST.
In a landmark judgment, the Supreme Court has upheld an order of the High Court directing a GST official to pay compensation to a taxpayer for issuing an invalid penalty order. The Court also increased the compensation amount from Rs. 10,000 to Rs. 69,000.
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