GST Assessment order to be treated as a show cause notice as it traversed beyond the scope of the notice. Summary in Key Points: Issue: Was the assessment order valid when the alleged discrepancy between GSTR-3B and GSTR-2A/2B was not the subject of the show cause notice? Facts: The petitioner filed returns and paid taxes.… Read More »
GST Demand Order Set Aside as Summary SCN could not replace the proper SCN u/s 73 Summary in Key Points: Issue: Was the tax demand valid when a proper show cause notice (SCN) was not issued, and the assessee was denied a personal hearing? Facts: The petitioner received a Summary of Show Cause Notice (Form… Read More »
Proceedings Under Section 130 Quashed because for Excess Stock Found During Survey notice should be issued u/s Section 73/74 Summary in Key Points: Issue: Whether proceedings under Section 130 of the CGST/UPGST Act were permissible for alleged excess stock found during a survey/inspection. Facts: The assessee’s business premises were surveyed under Section 67, and based… Read More »
GST Assessment Order Quashed Because New Issues Raised Beyond Scope of Show Cause Notice Summary in Key Points: Issue: Was the assessment order valid when it raised new issues not included in the original show cause notice? Facts: A show cause notice was issued to the assessee regarding discrepancies between GSTR and TDS deductions. The… Read More »
GST Registration Cancellation Revoked: Restoration Allowed Upon Payment of Dues Summary in Key Points: Issue: Whether the cancellation of the assessee’s GST registration for non-filing of returns for six months was justified, and if so, what recourse the assessee had after the appeal period lapsed. Facts: The assessee’s GST registration was cancelled after a show-cause… Read More »
Input Tax Credit Disallowance Set Aside: Retrospective Amendment Allows Claim for 2017-18 to 2020-21 Summary in Key Points: Issue: Whether the disallowance of Input Tax Credit (ITC) was justified due to claims being filed beyond the initially prescribed period under Section 16(4) of the CGST/TNGST Act. Facts: The assessee’s ITC claims for the period 2017-18… Read More »
GST Refund for Government Contractor Due to Rate Revision even though the payment system is locked Summary in Key Points: Issue: Whether a government contractor is entitled to a refund of the differential amount due to a revision in GST rates, even though the payment system is locked and the contractor did not submit a… Read More »
GSTR 9 and GSTR 9C Late Fees Calculations CBIC Clarify late fee Applicability for delay in furnishing of FORM GSTR-9C by CBIC Circular No. 246/03/2025-GST Dated 30th January, 2025 You’re absolutely right! I apologize for the previous examples where I didn’t accurately reflect the late fee structure under section 47 of the CGST Act and… Read More »
CBIC Clarify late fee Applicability for delay in furnishing of FORM GSTR-9C Key Points from CBIC Circular No. 246/03/2025-GST Late Fee for Delayed GSTR-9C Clarification on Late Fee: The circular clarifies the applicability of late fees for delayed filing of the reconciliation statement (GSTR-9C) along with the annual return (GSTR-9). Complete Annual Return: The complete… Read More »
How to Reconcile GSTR 1 in Tally Prime Reconciling your GSTR-1 in TallyPrime helps you ensure that the data in your books matches the data you filed on the GST portal. This is crucial for maintaining accuracy, avoiding mismatches, and staying compliant with GST regulations. Here’s how to reconcile GSTR-1 in TallyPrime: 1. Download GSTR-1… Read More »