Under India’s GST framework, the taxation of used vehicle sales varies based on the registration status of the seller and buyer and whether the seller is in the business of resale. Registered sellers ...

Amend Section 49 (5) to either allow proportionate utilization of CGST/SGST for IGST or mutual utilization of CGST-SGST.

Upon receiving TRN, the applicant shall begin the process of GST registration. In the Temporary Reference Number (TRN) field ...

Patna High Court held that blocking of Electronic Credit Ledger justified since there is sufficient material before ...

1.Summon was issued to the father of petitioner regarding non-payment of GST. Upon receipt of summon, the petitioner ...

The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2011, outlined specific due diligence requirements that intermediaries must adhere to in India. These rules ...

In a major crackdown on Goods and Service Tax (GST) fraud, the CGST Delhi South Commissionerate has uncovered a fraud on a large-scale involving fraudulent Input Tax Credit (ITC) claims amounting to ...

Consultation Paper on Draft Revamped Regulatory Framework for Global Access in the IFSC 1. The objective of this paper is to seek comments and suggestions from the public and stakeholders on the ...

GSTN has been made important changes in the refund filing process under the following categories: (b) Supplies made to SEZ Unit/SEZ Developer with payment of tax (c) On account of Refund by Supplier ...

Subsequently, the Revenue filed a rectification application under Section 254 (2) of the Act, asserting that the Mumbai Bench’s order contained a ‘mistake apparent from record’ because the territorial ...

Income Tax Appellate Tribunal (ITAT) Mumbai bench has dismissed an appeal filed by the Deputy Commissioner of Income Tax (DCIT) challenging an order of the Commissioner of Income Tax (Appeals) [CIT (A ...

The updated Form ITR-V is meant for taxpayers who have filed their income tax returns (ITR-1 to ITR-5 and ITR-7) but have not verified them electronically. It includes fields for personal and filing ...