Tag: GST

the implications of reusing e-way bills for tax evasion in the transportation industry. Discuss the recent ruling by the Punjab and Haryana High Court in a specific case that upheld the penalty against a transporter for reusing e-way bills with the intention of tax evasion. The Punjab and Haryana High Court recently made an important […]

the challenges faced by trade and industry in complying with GST in Mumbai. The MVIRDC World Trade Center Mumbai has recently submitted a memorandum to the Central Board of Indirect Taxes & Customs (CBIC) and the GST Council, addressing the 12 challenges faced by trade and industry in complying with GST. This memorandum aims to […]

Adjustment of Voluntary Payments in GST Investigations: A Relief for Taxpayers In a recent ruling, the Bombay High Court has brought significant relief to taxpayers by allowing the adjustment of any amount voluntarily paid during a Goods and Services Tax (GST) investigation against the pre-deposit requirement for filing an appeal. This decision is expected to […]

the recent car fire incident on Chennai’s GST road. Car Fire Incident on Chennai’s GST Road On August 19, a car caught fire on Chennai’s GST road near Pallavaram, causing panic among the commuters. However, thanks to the swift action of the fire tenders, the situation was brought under control promptly, preventing any casualties. Eyewitnesses […]

E-Invoicing: A Comprehensive Guide to Understanding the Process E-invoicing has emerged as a game-changer in the world of taxation and financial transactions. The Goods and Services Tax Network (GSTN) has recently issued an advisory providing valuable insights into the e-invoice system. In this guide, we will delve into the e-invoice glossary and step-by-step process to […]

the recent Bombay High Court ruling on the applicability of Goods and Service Tax (GST) to services rendered abroad. In a recent case, the Bombay High Court ruled that Goods and Service Tax (GST) is not applicable to services rendered abroad as it amounts to export services. The petitioner in this case was Jar Productions […]

the impact of the government’s GST on the real-money gaming sector in India. The Impact of GST on the Real-Money Gaming Sector in India The online gaming industry in India has been facing significant challenges due to the government’s implementation of the Goods and Services Tax (GST). With the recent levy of 28 percent GST […]

The recent order imposing a penalty on Mahindra and Mahindra for incorrect input tax credit (ITC) during the transition from the excise regime to GST has caught the attention of many. The Joint Commissioner, CGST, and Central Excise at Pune have fined erstwhile Mahindra Vehicle Manufacturers Ltd (MVML) a sum of Rs 14.31 lakh, which […]

the opposition to the implementation of the Pratidin system by the All India Central Excise Inspectors Association (AICEIA) and All India Association of Superintendents of Central Tax (AIASCT). Two GST staffers associations, the All India Central Excise Inspectors Association (AICEIA) and All India Association of Superintendents of Central Tax (AIASCT), have raised concerns and expressed […]