GST Filing Rule to Change Soon: Know Who can File GSTR-1, Who Can't
3 years, 3 months ago

GST Filing Rule to Change Soon: Know Who can File GSTR-1, Who Can't

News 18  

One of the big outcomes of the GST council meeting that took place on September 17 in Lucknow was the businesses defaulting on filing monthly GST or summary return will not be able to file GSTR-1 sales return of the succeeding month from January 1 next year. Amongst the big decisions that were taken in the GST council meeting included streamlined compliance, including mandatory Aadhaar authentication for businesses to file refund claims. In addition to this, the Council on September 17, decided to amend Rule 59 of the Central GST Rules with effect from January 1, 2022, to provide that a registered person shall not be allowed to furnish Form GSTR-1, if he has not furnished the return in Form GSTR-3B for the preceding month. The GST Council has also made Aadhaar authentication of GST registration compulsory for being eligible for filing refund claims and application for revocation or cancellation of registration.

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History of this topic

Fake registration drive: GST officers detect 10,700 bogus firms, more than ₹10,000 crore evasion
2 months, 4 weeks ago

Fake registration drive: GST officers detect 10,700 bogus firms, more than ₹10,000 crore evasion

The Hindu  

“Tax officers have detected around 10,700 fake registrations under the GST, involving evasion of ₹10,179 crore in the ongoing all-India drive against fake companies set up to defraud the exchequer,” a senior official said on Tuesday. Central Board of Indirect Taxes and Customs member Shashank Priya said Aadhaar authentication of GST registration is already in place in 12 States and …

​Enhancing oversight: The Hindu Editorial on the GST Council meet and issues
3 months, 3 weeks ago

​Enhancing oversight: The Hindu Editorial on the GST Council meet and issues

The Hindu  

The Goods and Services Tax Council, entrusted with overseeing the seven-year-old indirect tax regime, is slated to meet on September 9. The Council, whose parleys steered by the Union Finance Minister with States’ representatives are critical for resolving taxpayer challenges and setting broader policy direction, ought to meet regularly at such frequency. Beyond the broader revamp, the Council could also …

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1
3 months, 3 weeks ago

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1

The Hindu  

GST taxpayers who do not furnish bank account details to GST authorities will be barred from filing outward supply return GSTR-1 from September 1, GST Network has said in an advisory. As per GST Rule 10A, a taxpayer is required to furnish details of a valid bank account within a period of 30 days from the date of grant of …

Delhi GST refund scam: Seven arrested including GST officer, advocates
4 months, 1 week ago

Delhi GST refund scam: Seven arrested including GST officer, advocates

New Indian Express  

NEW DELHI: The Anti-Corruption Branch has arrested seven people, including a GST officer in the Delhi government and three advocates who were allegedly linked to an alleged GST refund scam worth Rs 54 crore. The accused were identified as Babita Sharma, Raj Singh Saini, Narender Kumar Saini and Mukesh Saini, Manoj Goyal, Surjeet Singh and Lalit Kumar. ACB chief Madhur …

A fresh start: On the Goods and Services Tax Council meet
5 months, 3 weeks ago

A fresh start: On the Goods and Services Tax Council meet

The Hindu  

The Goods and Services Tax Council was convened last week for the first time in nearly nine months. Apart from several industry-specific measures, a few of which will kick in with retrospective effect, the Council also opted to waive interest and penalty on tax dues for the first three years of GST, provided they are paid by March 2025. Beyond …

Why the GST Council recommended biometric-based Aadhaar authentication for new registrations: Explained
5 months, 3 weeks ago

Why the GST Council recommended biometric-based Aadhaar authentication for new registrations: Explained

The Hindu  

The story so far: On June 22, the GST council recommended introducing biometric-based Aadhaar authentication for GST registrations, in a phased manner. In a media interaction after the conclusion of the council meeting, Finance Minister Nirmala Sitharaman stated that the measures endeavour to combat fraudulent input tax credit claims made through fake invoices. Since the rollout of the GST regime, …

DC Edit | GST breather for easier biz?
5 months, 4 weeks ago

DC Edit | GST breather for easier biz?

Deccan Chronicle  

The recent Goods and Services Tax Council meeting was focussed on improving the ease of doing business in the country by reducing the compliance burden of businesses. According to the new limits, the department cannot appeal an adverse tax decision at the GST Appellate Tribunal unless tax involved is more than Rs 20 lakhs, at the high court Rs 1 …

Will petrol and diesel come under GST? Nirmala Sitharaman replies
6 months ago

Will petrol and diesel come under GST? Nirmala Sitharaman replies

Hindustan Times  

Union finance minister Nirmala Sitharaman said that the Centre wants to include petrol and diesel within Goods and Services Tax and it is upto states to decide. Union finance minister Nirmala Sitharaman addresses a press conference after the 53rd GST Council Meeting, at the National Media Center in New Delhi on Saturday. “.At the moment, the intention of the GST …

GST Council meet: Biometric authentication among 10 big announcements by FM Nirmala Sitharaman
6 months ago

GST Council meet: Biometric authentication among 10 big announcements by FM Nirmala Sitharaman

Hindustan Times  

Finance minister Nirmala Sitharaman on Saturday announced biometric-based Aadhaar authentication to check fake invoicing. This will help us to combat fraudulent input tax credit claims made through fake invoices in the cases,” the minister announced at the briefing after the 53rd GST Council meet. The finance minister announced that the GST Council had recommended waiving interest and penalties for demand …

GST dilemma: The burden of related party transactions
6 months ago

GST dilemma: The burden of related party transactions

New Indian Express  

Introduction: The Goods and Services Tax marks a pivotal transformation in the landscape of taxation, fundamentally altering the way taxes are assessed and collected. Delving into its intricacies, particularly concerning Related Party Transactions, holds paramount importance for businesses endeavouring to navigate the realms of regulatory compliance and financial prudence effectively. GST implementation & Objectives: Introduced in India in July 2017, …

GST Council to meet on June 22: What will be the agenda?
6 months, 1 week ago

GST Council to meet on June 22: What will be the agenda?

The Hindu  

The Centre has decided to convene a meeting of the Goods and Services Tax Council on June 22, eight-and-a-half months after its last meeting, the Finance Ministry said on June 13, 2024. At its last meeting held on October 7, 2023, the Council, headed by the Finance Minister, had initiated discussions on a “perspective plan” to impose a cess or …

GST Council may soon clarify tax exemption to RERA
9 months, 3 weeks ago

GST Council may soon clarify tax exemption to RERA

Hindustan Times  

The GST Council is likely to soon clarify that Real Estate Regulatory Authority will not be required to pay Goods and Services Tax, an official said. A meeting of GST Council, chaired by Union Finance Minister and comprising state ministers, is likely to be held before the imposition of Model Code of Conduct for the general election due in April-May. …

GST Needs A Robust Dispute-Resolution Mechanism - News18
10 months ago

GST Needs A Robust Dispute-Resolution Mechanism - News18

News 18  

The Goods and Services Tax was introduced to rationalise the indirect tax system in India, thereby creating a common national market for goods and services. Disputes on an interpretation of the law, unsatisfactory advance ruling mechanism, and revenue-centric approach by tax authorities have led to an increase in litigation. For example, the ‘Sabka Vishwas Scheme 2019’ resolved around 49,534 pre-GST …

Bombay High Court Directs Dept. To Permit Amend In GSTR-1, Either Online Or Manual
1 year ago

Bombay High Court Directs Dept. To Permit Amend In GSTR-1, Either Online Or Manual

Live Law  

The Bombay High Court has directed the department to permit the petitioner or assessee to amend or rectify Form GSTR-1 for the period July 2021, November 2021, and January 2022, either online or manually.The bench of Justice G. S. Kulkarni and Justice Jitendra Jain has observed that a bona fide, inadvertent error in furnishing details in a GST return needs …

CBIC Notifies Biometric-Based Aadhaar Authentication Through GST Seva Kendras Approved For Andhra Pradesh
1 year, 1 month ago

CBIC Notifies Biometric-Based Aadhaar Authentication Through GST Seva Kendras Approved For Andhra Pradesh

Live Law  

The Central Board of Indirect Taxes and Customs has notified the biometric-based Aadhaar authentication through Goods and Services Tax Seva Kendras has been approved for Andhra Pradesh.At the 50th GST Council Meeting, which took place in New Delhi on July 11, 2023, it was suggested that a risk-based biometric Aadhar authentication pilot program be carried out in Gujarat. The Central …

GST | Circular Does Not Override Statutory Provisions: Allahabad High Court Quashes Demand Of Rs. 235 Crores Against Vivo Mobile
1 year, 2 months ago

GST | Circular Does Not Override Statutory Provisions: Allahabad High Court Quashes Demand Of Rs. 235 Crores Against Vivo Mobile

Live Law  

The Allahabad High Court has quashed demand of Rs. If the law were to be read otherwise, i.e., that the ITC claim may never arise unless the tax is first paid then, the second proviso to section 16 itself would be rendered otiose.” Further, placing reliance on Union of India v. Bharti Airtel Ltd. and Others, wherein the Supreme Court …

Rs 15,000 crore tax evasion detected, over 4,900 fake GST registrations cancelled
1 year, 5 months ago

Rs 15,000 crore tax evasion detected, over 4,900 fake GST registrations cancelled

Op India  

On the 5th of July, a senior tax official stated that the GST authorities have cancelled over 4,900 fake GST registrations, since the 16th of May, 2023. He stated that in the drive against fake registration, till July 4, over 69,600 GST Identification Numbers have been selected for physical verification by field tax officers. Speaking at the ASSOCHAM’s National Conclave …

An incomplete reform: on six years of the Goods and Services Tax
1 year, 5 months ago

An incomplete reform: on six years of the Goods and Services Tax

The Hindu  

India’s tryst with the Goods and Services Tax, launched at a special midnight Parliament session with unusual fanfare, completed six years this month. Marking the occasion, Finance Minister Nirmala Sitharaman emphasised that the GST has moved the country towards a unified market from a situation where each State mandated different indirect tax structures and procedures, while inter-State borders were marked …

6 years of GST: Tracing role of Atal Bihari Vajpayee, Vijay Kelkar, P Chidambaram, Arun Jaitley, and others
1 year, 5 months ago

6 years of GST: Tracing role of Atal Bihari Vajpayee, Vijay Kelkar, P Chidambaram, Arun Jaitley, and others

Hindustan Times  

With the implementation of a Goods and Services Tax on July 1 2017, India took a huge step towards modifying its indirect taxation system. A proposal for introducing a Modified Value Added Tax was initiated by the then Finance Minister Vishwanath Pratap Singh, aiming to streamline the indirect tax system. 2000: A meeting between Prime Minister Atal Bihari Vajpayee and …

GST has been a gamechanger for India’s economy
1 year, 5 months ago

GST has been a gamechanger for India’s economy

Live Mint  

Ahead of the launch of the goods and services tax on 1 July 2017, this newspaper on 6 June 2017 had published my piece titled ‘Indian GST: Unparalleled Tax Reform’ in which I had highlighted the unique features of India's GST regime such as the Dual GST structure; Integrated GST mechanism; invoice matching; single digital interface and the establishment of …

CBIC Notifies The Guidelines For Processing Of Applications For GST Registration
1 year, 6 months ago

CBIC Notifies The Guidelines For Processing Of Applications For GST Registration

Live Law  

The Central Board of Indirect Taxes And Customs notified the guidelines for processing applications for registration.The instances have come to notice regarding unscrupulous elements obtaining fake/ bogus registration under GST and defrauding the Government exchequer. The instances have come to notice regarding unscrupulous elements obtaining fake/ bogus registration under GST and defrauding the Government exchequer. In one of the cases …

Entitlement Of ITC After Cancellation Of GST Registration Can Be Considered During Revocation: Rajasthan High Court
1 year, 7 months ago

Entitlement Of ITC After Cancellation Of GST Registration Can Be Considered During Revocation: Rajasthan High Court

Live Law  

The Rajasthan High Court has held that the assessee is entitled to lodge an ITC claim when the department considers the issue of revocation of GST registration cancellation.The bench of Justice Vijay Bishnoi and Justice Praveer Bhatnagar has directed the firm to file an application for restoration of its GST registration before the competent authority, which shall consider and decide. …

Delhi HC Upholds GST On Auto Ride Through Platforms Like Uber
1 year, 8 months ago

Delhi HC Upholds GST On Auto Ride Through Platforms Like Uber

News 18  

The Delhi High Court has upheld the Centre’s decision to levy GST on the services offered by an auto-rickshaw or other non-air-conditioned carriages through electronic commerce operators like Uber. A bench headed by Justice Manmohan dismissed the petitions of Uber India Systems Private Ltd and others challenging the 2021 central government notifications making fare in respect of a booking through …

CBIC Amends The Rules Related To Biometric-Based Aadhaar Authentication And Risk-Based Physical Verification For GST Registration
1 year, 8 months ago

CBIC Amends The Rules Related To Biometric-Based Aadhaar Authentication And Risk-Based Physical Verification For GST Registration

Live Law  

The Central Board Of Indirect Taxes and Customs has amended the rules related to Aadhar Authentication and Biometric Verification Rules.The Board has notified the Central Goods and Services Tax Rules, 2023 which shall be effective from 26th December 2022.The Board has substituted Rule 8 of the CGST Act, 2017.The date of submission of the application in cases shall be. The …

100 Important High Court Judgments of GST in 2022
1 year, 11 months ago

100 Important High Court Judgments of GST in 2022

Live Law  

Allahabad High Court: Allahabad High Court Stays GST Demand On Payment Of Royalty To Conduct Mining Activity Case Title: M/s Jitendra Singh versus Union of India The Allahabad High Court bench of Justice Saumitra Dayal Singh has stayed the GST demand on payment of royalty to conduct mining activity. Show Cause Notice Cancelling GST Registration Must Disclose Reason: Allahabad High …

GST Registration Cancellation: Madras High Court Directs Changes In Architecture Of GST Portal
2 years, 2 months ago

GST Registration Cancellation: Madras High Court Directs Changes In Architecture Of GST Portal

Live Law  

The Madras High Court has directed the GST department to take suitable steps by instructing GST Network, New Delhi to make suitable charges in the architecture of the GST Web Portal to allow the petitioners to file their returns and pay the tax/penalty/fine.The single bench of Justice Anitha Sumanth has noted that payment of tax, interest, fine/fee, etc. The Madras …

Critics are wrong, GST has strengthened federalism
2 years, 5 months ago

Critics are wrong, GST has strengthened federalism

Live Mint  

Today, 1 July 2022, marks five years since India’s introduction of the goods and services tax. The second good feature is that, contrary to media hype, the GST has strengthened the Indian federation by enabling seamless input tax credit even when supply chains cross state borders. The narrative that it has weakened the federation by imposing an authoritarian Centre on …

GST Council Amends GSTR-3B, Extends GSTR-4 Deadline, Eases Compliance for Taxpayers
2 years, 5 months ago

GST Council Amends GSTR-3B, Extends GSTR-4 Deadline, Eases Compliance for Taxpayers

News 18  

To ease the burden on the taxpayers, the Goods and Service Tax Council has decided a host of changes in its two-day meeting, starting on Tuesday. In the wake of Covid-19 outbreak, the GST Council has waived requirement for filing refund claims by condoning the two-year period between March 1 2020 and February 28 2022, sources told CNBC-TV18. The GST …

GST Council meet: States' compensation, easier e-comm suppliers' registration, tax tweaks on cards
2 years, 5 months ago

GST Council meet: States' compensation, easier e-comm suppliers' registration, tax tweaks on cards

India TV News  

GST Council meet: The 47th GST Council meeting that is currently underway is slated to discuss a host of issues, including a mechanism for compensating states for revenue loss, tax rate tweaks in some items and relaxed registration norms for small online suppliers. Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state …

Weekly Round-Up Of Tax Cases : April 3 To April 10, 2022
2 years, 8 months ago

Weekly Round-Up Of Tax Cases : April 3 To April 10, 2022

Live Law  

High Courts Delhi High Court Case Title: American Express India Private Limited Versus ACIT Citation: 2022 LiveLaw 289 The Delhi High Court bench of Justice Manmohan and Justice Dinesh Kumar Sharma has directed the income tax department to decide on the rectification application filed by American Express and grant a refund, if any, along with the interest. Case Title: CIT …

Yields Significant Revenue: Centre Tells Kerala High Court Non-Inclusion Of Petroleum Products Under GST Was 'A Conscious Decision'
3 years ago

Yields Significant Revenue: Centre Tells Kerala High Court Non-Inclusion Of Petroleum Products Under GST Was 'A Conscious Decision'

Live Law  

The Centre and the Goods and Services Tax Council have maintained their stance before the Kerala High Court that petroleum products should not be included within the ambit of GST citing that it was a 'conscious decision' considering that they yield substantial revenues for the Central and State governments.The said authorities in their counter affidavit have stated:"It is. The Centre …

Why Petrol & Diesel Excluded From GST? Kerala High Court Seeks GST Council's Response
3 years, 1 month ago

Why Petrol & Diesel Excluded From GST? Kerala High Court Seeks GST Council's Response

Live Law  

The Kerala High Court on Monday directed the GST council to explain why petrol and diesel were not included within the ambit of Goods and Services Tax. A Division Bench comprising Chief Justice S. Manikumar and Justice Shaji P Chaly asked the GST council to file a statement in this regard within ten days. The Court was adjudicating upon a …

GST Council meeting on Friday; tax concession to 11 COVID drugs, bringing petrol and diesel under GST on cards
3 years, 3 months ago

GST Council meeting on Friday; tax concession to 11 COVID drugs, bringing petrol and diesel under GST on cards

Firstpost  

Tax rate on Amphotericin B, Tocilizumab was cut to ‘Nil’, while Remdesivir and Heparin was reduced to five percent in June 2021. New Delhi: The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items and extend till 31 December, tax concessions on 11 COVID drugs. …

GST Council may consider bringing petrol, diesel under GST as fuel prices go north
3 years, 3 months ago

GST Council may consider bringing petrol, diesel under GST as fuel prices go north

Firstpost  

New Delhi: The GST Council might on Friday consider taxing petrol, diesel and other petroleum products under the single national GST regime, a move that may require huge compromises by both Central and state governments on the revenues they collect from taxing these products. In June, the Kerala High Court, based on a writ petition, had asked the GST Council …

Four Years On, India's GST Has Not Met Its Fundamental Purpose
3 years, 5 months ago

Four Years On, India's GST Has Not Met Its Fundamental Purpose

The Quint  

One reason for this lies in the overall complicatedness of the system. But that’s not the point, given that one of the aims of any new tax should be to expand the tax base and for that to happen, the tax system needs to be simple, which GST is not. It can take the GST that has been paid on …

Sweating the small stuff: On 43rd GST Council meeting
3 years, 6 months ago

Sweating the small stuff: On 43rd GST Council meeting

The Hindu  

The GST Council, which met last Friday, could not live up to the expectations of some meaningful relief from the disastrous second wave of the pandemic. Finance Minister Nirmala Sitharaman announced an elaborate amnesty scheme for small firms pending GST returns, lowered the interest levied on late payments for recent months, and extended several compliance timelines. Opposition States allege that …

Rule tightening by bureaucrats likely to be questioned in GST Council meet
3 years, 6 months ago

Rule tightening by bureaucrats likely to be questioned in GST Council meet

Live Mint  

The practice of rule-tightening by bureaucrats for stricter enforcement of goods and services tax compliance away from the political oversight of the GST Council and with serious impact on the industry is set to be questioned in Friday’s GST Council meet. Punjab finance minister Manpreet Singh Badal has informed Union finance minister Nirmala Sitharaman that these bureaucratic decisions—ranging from restricting …

COVID relief: Govt allows businesses to verify monthly GST returns through EVC till May 31
3 years, 7 months ago

COVID relief: Govt allows businesses to verify monthly GST returns through EVC till May 31

India TV News  

The government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31. AMRG & Associates Senior Partner Rajat Mohan said, "GST authorities have finally given the first COVID induced relief during the second wave of the pandemic". Corporate taxpayers can now file monthly compliances through EVC till May 31 and this will benefit thousands …

Traders urge Finance minister, GST council to modify new GST notification
3 years, 11 months ago

Traders urge Finance minister, GST council to modify new GST notification

India TV News  

Trading community on Sunday urged Union Finance Minister Nirmala Sitharaman and Goods and Goods and Services Tax Council to withdraw certain provisions of the new GST notification issued a few days back. In a memorandum, Federation of All India Vyapar Mandal- a national body of small traders - advocating for a single-point GST collection, urged for certain changes in the …

New rules to sign up for GST
4 years, 1 month ago

New rules to sign up for GST

Live Mint  

An overhaul of the goods and services tax registration process and suspension of the registration of businesses identified as risky are among the proposals of a panel of officials attached to the GST Council. The recommendations include the use of Aadhaar or Aadhaar-like biometric identification for new registrations, steps to identify businesses that pose a risk of revenue loss to …

CBIC Extends Last Date for Filing Annual Return in GSTR-9, GSTR 9C for 2018-19 to October 31
4 years, 2 months ago

CBIC Extends Last Date for Filing Annual Return in GSTR-9, GSTR 9C for 2018-19 to October 31

News 18  

The Central Board of Indirect Taxes and Customs has informed that the due date for filing annual return in GSTR-9 and GSTR 9C for 2018-19 has been pushed back from September 30 to October 31. “After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return …

Pre-filled GST return form soon: GSTN CEO Prakash Kumar
4 years, 3 months ago

Pre-filled GST return form soon: GSTN CEO Prakash Kumar

India TV News  

GST-registered businesses will soon get pre-filled Return form, GSTR-3B, GST Network Chief Executive Officer Prakash Kumar said on Monday. "We are moving towards providing taxpayers with a pre-filled GSTR-3B form so that they can pay their taxes at ease. GSTN, which handles the IT backbone for Goods and Services Tax has already started providing tax liability data based on sales …

Know How to Register for GST Using Aadhaar Authentication
4 years, 3 months ago

Know How to Register for GST Using Aadhaar Authentication

News 18  

The central government has rolled out Aadhaar authentication for new goods and services tax registration on August 21. If a taxpayer is opting for Aadhaar authentication, he will get new GST registration within three working days and will not have to wait for physical verification. On the other hand, if a person chooses not to go for Aadhaar authentication, he …

Businesses to Get GST Registration Within 3 Days With Aadhaar Authentication
4 years, 4 months ago

Businesses to Get GST Registration Within 3 Days With Aadhaar Authentication

News 18  

Businesses which will provide Aadhaar number while applying for registration under the Goods and Services Tax will get the approval in three working days. The Central Board of Indirect Taxes and Customs last week notified Aadhaar authentication for GST registration with effect from August 21, 2020. The notification also provides that in case businesses do not provide Aadhaar number, then …

GST Registration After Physical Verification of Business Place if Aadhaar Not Authenticated: CBIC
4 years, 4 months ago

GST Registration After Physical Verification of Business Place if Aadhaar Not Authenticated: CBIC

News 18  

Businesses registering under GST can opt for Aadhaar authentication, in absence of which registration would be granted only after physical verification of the place of business. "Where a person… fails to undergo authentication of Aadhaar number or does not opt for authentication of Aadhaar number, the registration shall be granted only after physical verification of the place of business in …

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