The big question is– despite various measures taken by CBIC and abundant data availability GST ITC fraud are happening post 6 years of GST implementation, how can the issue be tackled in ever-changing circumstances?
In this article, we will delve into the nuances of GST ITC fraud, its consequences, and the crucial responsibilities of tax professionals in combating this menace.
Can GST Amount credited in Cash Ledger be considered as cash payment or not? Commissioner shall follow High Court directions or appeal against but cannot act in contempt
Cancellation of GST registration is a process of de-registering a business entity from the Goods and Services Tax (GST) system. GST registration is mandatory for businesses that have an annual turnover exceeding a certain threshold limit.
The 50th GST Council meeting passed a resolution imposing a 28% Goods and Services Tax (GST) on the full face value of bets placed on online gaming platforms.
There are different scenarios in which the training or workshop for dance training occurs in the market.
As per Rule 80 of the CGST Rules, 2017, every registered person liable to file annual return for every financial year is required to file the same on or before the 31st of December of the next financial year.
In a recent development by the GSTN, a significant advisory was issued on October 12, 2023. This advisory pertains to unregistered suppliers and their need to obtain an enrolment number on the GST Portal, validated through their PAN, before conducting any supply through an ECO.
The department has started issuing notices and requesting for information by comparing data disclosed in GSTR 9/9C Vs GSTR 3B.
Drawing from the spirit of 9 days of Navratri, where each day is a step towards enlightenment and prosperity, here are the 9 pivotal recommendations of the GST Council
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