- 24 Mar 2023 06:13 PM
- New
Advisory for GST Registration for banquet halls, farm house, marriage gardens & hotels
It has come to the notice of the Department that several banquet halls, farm houses, marriage gardens, and hotels registered under Delhi GST are not reporting or under reporting their business transactions/turnover and hence not paying due GST thereon.
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- 24 Mar 2023 06:16 PM
- New
CGST Bhiwandi Commissionerate arrests Oppo Mobiles finance manager
An authorized signatory – Manager-Finance & Accounts of Chinese origin company M/s. Oppo Mobiles India Private Limited Mr. Mahendra Kumar Rawat has been arrested by CGST Bhiwandi Commissionerate, for fraudulent availment of ITC amounting to Rs.19 cr on fake invoices. The officers of CGST Bhiwandi Commissionerate in Mumbai Zone arrested Mr. Rawat today (22.03.23) and he will be in judicial custody till 03.04.23. Based on material evidence gathered during the investigation, he was arrested today under section 69 of the CGST Act, 2017 for contravention of section 132 of the CGST Act, 2017.
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- 22 Mar 2023 05:27 PM
- New
Restaurants entitled to charge GST on service charge voluntarily paid by customer
(a) & (b): As per section 9 of the CGST Act, 2017, GST is levied on supply of goods or services on the value as determined under section 15 of the CGST Act, 2017. According to section 15 of the CGST Act, 2017, any amount charged by the supplier for anything done by the supplier in respect of supply of goods or services forms part of the value of service.
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- 22 Mar 2023 06:25 PM
Advisory for the taxpayer wishing to register as “One Person Company” in GST
As per provision of section 2(62) of The Companies Act, 2013 “One Person Company” is defined as a company which has only one person as member.
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- 21 Mar 2023 06:13 PM
GST ITC restriction on CSR spend: Why businesses are worried about potential challenges
As part of FY 2023-24 Budget proposals, the Union Finance Minister has recommended restricting ITC on goods or services used for meeting the CSR obligation. Experts say this may have adverse impact on CSR benefits.
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- 20 Mar 2023 06:09 PM
How to check the authenticity of your GST bill?
Amid the rising cases of fake GST invasion, know some basic tricks and tips to check whether the GST bill you received for your purchase is authentic or not
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- 20 Mar 2023 06:13 PM
Delhi South CGST unearths fake invoicing racket
Source: https://taxguru.in/goods-and-service-tax/delhi-south-cgst-unearths-fake-invoicing-racket.html
The Central Goods and Service Tax (CGST) Delhi South Commissionerate busts racket of firms fraudulently claiming Input Tax Credit (ITC) of ₹17 crore.
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- 20 Mar 2023 06:16 PM
No Restriction for GST Registration For Professional on Residential Address
(a) whether it is a fact that Management consultants, Architects and other professionals operating from their homes are not allowed to get GST numbers for working from the residential premises;
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- 13 Mar 2023 06:32 PM
GST Council Newsletter for the month of February, 2023
Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-february-2023.html
The 49 GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi on 18.02.2023. During the meeting several recommendations were made by the Council relating to disbursement of GST compensation, GST Appellate Tribunal, capacity-based taxation and Special Composition Scheme, along with a few changes in the GST rates and trade facilitation measures.
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- 11 Mar 2023 05:41 PM
CCI to soon crack down on corporate profiteers
The government is in the process of naming a new chairperson for the antitrust regulator and three other members, and the orders on profiteering will start coming after appointing at least one new member or the chairperson, which will give CCI the requisite quorum of three members to adjudicate
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