Supreme Court Allows 2-Months Extra Window For Availing Transitional Credit; Directs GSTN To Open Portal For TRAN-1/TRAN-2 Forms
2 years, 7 months ago

Supreme Court Allows 2-Months Extra Window For Availing Transitional Credit; Directs GSTN To Open Portal For TRAN-1/TRAN-2 Forms

Live Law  

In a relief to several assessees who missed the statutory deadline, the Supreme Court has directed the Goods and Services Tax Network to allow a 2-month additional window from September 1, 2022 to October 31, 2022 for claiming Transitional Credit.TRAN-1 and TRAN-forms were brought to allow assessees to carry forward pre-GST credits to the GST system. In a relief to several assessees who missed the statutory deadline, the Supreme Court has directed the Goods and Services Tax Network to allow a 2-month additional window from September 1, 2022 to October 31, 2022 for claiming Transitional Credit. Goods and Service Tax Network is directed to open common portal for filing concerned forms for availing Transitional Credit through TRAN-1 and TRAN-2 for two months i.e. Citation : 2022 LiveLaw 628 Headnotes Goods and Services Tax -Supreme Court allows 2-months additional window from September 1, 2022 to October 31, 2022 to claim transitional credit- directions issued.

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History of this topic

GST Filing Deadline Extended by 2 Days Due to Technical Issues
2 months, 1 week ago

GST Filing Deadline Extended by 2 Days Due to Technical Issues

Deccan Chronicle  

New Delhi: The government on Friday extended the deadline for filing monthly goods and services tax or GST sales return form GSTR-1 and GST payment by 2 days after taxpayers reported technical glitches in the GSTN system. As per a notification by the Central Board of Indirect Taxes and Customs, the last date for filing GSTR-1 for December is January …

GST return filing and payment deadline extended by two days after technical snag hits GSTN system
2 months, 1 week ago

GST return filing and payment deadline extended by two days after technical snag hits GSTN system

Live Mint  

GST return filing: The government on Friday, January 10, extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by two days after taxpayers reported technical glitches in the GST Network system. GST return filing deadline extended amid technical snag Normally, the last date for filing GSTR-1 for monthly return filers is January 11, 2025, while …

GST filing deadline extension under consideration after online portal's brief outage
2 months, 1 week ago

GST filing deadline extension under consideration after online portal's brief outage

Hindustan Times  

The Central Board of Indirect Taxes and Customs may consider giving an extension for filing Goods and Services Tax after the online portal was temporarily down on Friday, January 10, 2025. The GSTN added that the portal can be expected to be operational by 12:00 noon and that the CBIC is being sent an incident report to consider extension in …

Patna High Court Dismisses Plea Challenging Notifications Extending Timeline For Issuance Of Orders U/S 73(10) Of CGST Act
3 months, 2 weeks ago

Patna High Court Dismisses Plea Challenging Notifications Extending Timeline For Issuance Of Orders U/S 73(10) Of CGST Act

Live Law  

The Patna High Court has rejected a petition challenging Notifications extending timeline for issuance of Orders under Section 73 of the GST Act. The three-year period under Section 73 of GST Act hence commences from such dates and would have normally expired respectively on 07.02.2023, 31.12.2023 and 31.03.2024. Likewise, for the financial year 2019- 20 the extended due date of …

53rd GST Council Meeting Mandates Notification Setting 3-Months Period For Filing GST Appeals Before GSTAT
8 months, 3 weeks ago

53rd GST Council Meeting Mandates Notification Setting 3-Months Period For Filing GST Appeals Before GSTAT

Live Law  

The newly appointed Union Finance Minister, Nirmala Sitharaman, headed this meeting. It is the GST Council's first meeting after the 2024 Lok Sabha elections.The GST Council recommended amending Section 112 of the CGST Act, 2017 to allow the three-month period for filing appeals before the Appellate Tribunal to start from a date to be notified by the Government in respect …

Time Limit To Avail ITC Is Till 30th November In Each Financial Year From Beginning Of GST Regime: Kerala High Court
9 months, 1 week ago

Time Limit To Avail ITC Is Till 30th November In Each Financial Year From Beginning Of GST Regime: Kerala High Court

Live Law  

The Kerala High Court has held that the time limit to avail ITC is November 30th in each financial year from the beginning of the GST regime.The bench of Justice Dinesh Kumar Singh has observed that prior to the amendment in Section 39 by the Finance Act 2022, the date for furnishing the return under Section 39 was September 30th. …

2023 Annual Digest Of GST Cases
1 year, 2 months ago

2023 Annual Digest Of GST Cases

Live Law  

Supreme Court State Amendments Made To VAT Acts After GST Came Into Effect Are Invalid : Supreme Court Citation: 2023 LiveLaw 1351 Case Title: M/S Sethi Sons Versus Assistant Commissioner And Ors. The Delhi High Court has held that the refund application was filed twice on the GST portal but could not be uploaded due to technical glitches. Citation: 2023 …

GSTN Issues Advisory On “Initiating Drop Proceeding” By Taxpayers
2 years, 2 months ago

GSTN Issues Advisory On “Initiating Drop Proceeding” By Taxpayers

Live Law  

The Goods and Service Tax Networks has issued an advisory on “Initiating Drop Proceeding” by taxpayers.On the GST Portal, a feature known as Automated Drop Proceedings of GSTINs suspended due to non-filing of returns has recently been introduced. The Goods and Service Tax Networks has issued an advisory on “Initiating Drop Proceeding” by taxpayers. On the GST Portal, a feature …

CBIC extends GSTR 3B filing return due date amid glitches in GSTN portal
2 years, 4 months ago

CBIC extends GSTR 3B filing return due date amid glitches in GSTN portal

Firstpost  

Due to the slow functioning of the GSTN portal, the GST Implementation Committee of the GST Council had approved extension of the due date of GSTR-3B return filing for the month of September 2022, for the monthly filers, from 20 October to 21 October. The Central Board of Indirect Taxes and Customs stated in a tweet that it had received …

Govt extends deadline for filing September GST return till Oct 21
2 years, 4 months ago

Govt extends deadline for filing September GST return till Oct 21

India TV News  

Highlights Monthly return and tax payment form GSTR-3B is filed in staggered manner The form is filed between the 20th, 22nd, and 24th of each month by taxpayers GST Network provides the technology backend for running Goods and Services Tax The government has extended the deadline for filing GST returns for the month of September by a day to October …

GSTN Portal To Remain Open During September-October for Pre-GST Credit Forms, Directs SC
2 years, 7 months ago

GSTN Portal To Remain Open During September-October for Pre-GST Credit Forms, Directs SC

News 18  

Goods and Services Tax : In a major decision, the Supreme Court has directed the GSTN portal to be kept open between September 1 and October 31 for the registered assessees to upload TRAN-1 and TRAN-2 forms. Abhishek Jain, tax partner at KPMG in India, said, “This decision comes in light of the on-going dispute wherein various tax payers had …

GST Council Waives Late Fee for Delay in GSTR-4 Filing; Changes in GSTR-3B on Cards
2 years, 8 months ago

GST Council Waives Late Fee for Delay in GSTR-4 Filing; Changes in GSTR-3B on Cards

News 18  

Goods and Service Tax Council in a bid to ease the burden of taxpayers has decided on a waiver of late fee for delay in filing FORM GSTR-4 for FY 2021-22 and extension of due date for filing form GST CMP-08 for Q1 of FY 2022-23. The GST Council decided on a waiver of late fee for delay in filing …

What they plan to fix in the next GST Council meeting
3 years, 7 months ago

What they plan to fix in the next GST Council meeting

Live Mint  

The goods and services tax Council will soon meet to discuss extension of GST compensation to states beyond 2022, and will attempt to fix certain tax anomalies. The council is expected to examine demands from states for extending the period of GST compensation beyond June 2022, when the five-year transition period into the new indirect tax system ends. Accepting the …

Monthly GST return filing deadline extended till June 26
3 years, 9 months ago

Monthly GST return filing deadline extended till June 26

Live Mint  

The government on Monday said the deadline for filing monthly GST sales returns for May has been extended by 15 days till June 26. The due date for furnishing details of outward supplies in Form GSTR-1 for the month of May 2021 is extended by 15 days. The GST Council also approved extending by three months till July 31 the …

Time Limit For Availing Transitional Input Tax Credit Under GST Mandatory : Madras HC [Read Judgment]
4 years, 8 months ago

Time Limit For Availing Transitional Input Tax Credit Under GST Mandatory : Madras HC [Read Judgment]

Live Law  

The Madras High Court has ruled that the time limit for availing Transitional Input Tax Credit is mandatory in nature, not directory. Section 140 of the CGST Act prescribes that, the registered person is required to submit a return, within such time, and in such manner as may be prescribed for purposes of availing Transitional ITC. ", the Apex Court …

Govt extends last date for filing annual GST return for FY19 by 3 months till September
4 years, 10 months ago

Govt extends last date for filing annual GST return for FY19 by 3 months till September

Firstpost  

The government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September 2020 New Delhi: The government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September 2020. A notification has been issued to extend the time limit for furnishing …

Non-filers of GST returns for two months to be barred from generating e-way bills from 21 June
5 years, 10 months ago

Non-filers of GST returns for two months to be barred from generating e-way bills from 21 June

Firstpost  

Businesses under GST composition scheme will be barred from generating e-way bill if they fail to file tax returns for two consecutive filing periods, which is six months New Delhi: Non-filers of GST returns for two straight months will be barred from generating e-way bills for transporting goods effective 21 June, the finance ministry said. Businesses under GST composition scheme, …

In major relief for taxpayers, government extends deadline for filing annual GST returns till March 31, 2019
6 years, 3 months ago

In major relief for taxpayers, government extends deadline for filing annual GST returns till March 31, 2019

India TV News  

In a much-needed relief to businesses struggling to comply with the year-end deadline, the government has extended the last date of filing annual Goods and Services Tax returns by three months till March 31, 2019. "The competent authority has decided to extend the due date for filing Form GSTR-9, Form GSTR-9A and Form GSTR-9C till March 31, 2019. The requisite …

GST tweak may see the return of retrospective amendments
6 years, 8 months ago

GST tweak may see the return of retrospective amendments

Live Mint  

New Delhi: The government is likely to retrospectively amend laws governing the goods and services tax to deny transitional credit to taxpayers against cesses levied in the earlier indirect tax regime. The proposed amendment to the GST law seeks to explicitly exclude cesses levied in a pre-GST regime from allowable transitional credit that can be claimed by companies. Many companies …

Denial Of Transitional Credit: Gujarat-Based Firm Moves HC; Notice Issued To Centre, GST Council [Read Petition]
6 years, 11 months ago

Denial Of Transitional Credit: Gujarat-Based Firm Moves HC; Notice Issued To Centre, GST Council [Read Petition]

Live Law  

The Gujarat High Court has issued notices to the Centre, the GST Council, GST network and the state of Gujarat on a petition moved by a Vadodara-based company and its shareholder urging that certain provisions of the Gujarat GST Act and the Central GST Act be declared unconstitutional and ultra vires in as much as it denies transitional credit.A bench …

Cenvat Credit Rules Amended To Enable Carry Forward Of Unavailed Credit Of Service Tax Under GST
7 years, 9 months ago

Cenvat Credit Rules Amended To Enable Carry Forward Of Unavailed Credit Of Service Tax Under GST

Live Law  

The Centre has amended Cenvat Credit Rules 2004, vide notification No. 15/2017-Central Excise issued on Monday, that would enable service recipients to carry forward unavailed credit of service tax under the GST regime.According to the notification, Cenvat credit, in respect of such services which remain unavailed of on the day immediately preceding the ‘appointed day’, may be availed. 15/2017-Central Excise …

GST Council clears rules, states agree to July 1 rollout
7 years, 9 months ago

GST Council clears rules, states agree to July 1 rollout

India TV News  

The Goods and Services Tax Council today cleared the pending rules including transition provisions and returns, with all the states agreeing to July 1 roll out of the new tax regime. Transition rules have been cleared and everybody has agreed for July 1 roll out," Kerala Finance Minister Thomas Isaac told reporters here. Finance Minister Arun Jaitley chaired the 15th …

GST Registration Deadline Extended Till April 30, 2017
7 years, 11 months ago

GST Registration Deadline Extended Till April 30, 2017

Live Law  

The deadline for Goods and Service Tax registration has been extended till April 30, 2017. Previously the deadline for migrating to GST was March 31, 2017GST is targeted to rollout by July 1, 2017 and will be game changing reform for the Indian economy and will reduce the cascading effect of tax on goods and service. Previously the deadline for …

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