18% GST on all Old and used Vehicles and Cars Current Situation: Currently, a 12% GST rate applies to the sale of most old and used vehicles, including electric vehicles (EVs). However, some vehicles already fall under the 18% GST bracket: Petrol vehicles with engine capacity ≥ 1200 cc and length ≥ 4000 mm. Diesel… Read More »
7 Important GST Case Laws on 16.01.2025 Relevant Act & Section Title Summary Citation Reference Manual Entry of HSN Replaced in GSTR-1 From January 2025 onwards, manual entry of HSN codes in Table 12 of GSTR-1 and GSTR-1A will be replaced with a dropdown list. Table 12 will also be bifurcated into B2B and B2C… Read More »
ITC Entitlement Confirmed as per Circular No. 237/31/2024-GST Summary in Key Points: Issue: The assessee sought to claim Input Tax Credit (ITC) based on the provisions of Circular No. 237/31/2024-GST. Facts: The respondent tax authority did not dispute the assessee’s entitlement to ITC under the said circular, provided the necessary conditions and procedures were fulfilled.… Read More »
Search and Seizure Conducted by Unauthorized Officer Declared Void: Show Cause Notice Set Aside and Recovery Ordered Summary in Key Points: Issue: The assessee challenged a show cause notice issued based on a search and seizure operation conducted by an officer without the proper authority. Facts: The Commissioner Central Tax conducted the investigation, including the… Read More »
Section 75(7) of the GST Act prohibits confirming a demand on grounds not specified in show cause notice : High Court Summary in Key Points: Issue: The assessee challenged an assessment order that reclassified their services and significantly increased their tax liability without providing an opportunity to respond to the revised classification. Facts: The initial… Read More »
Pre-deposit requirement cannot be a reason to bypass the statutory appeal mechanism and directly approach the court. Issue: The assessee filed a writ petition directly in the High Court to challenge a GST order, bypassing the statutory appeal process to the appellate authority. They claimed the pre-deposit requirement for the appeal and the respondent’s insolvency… Read More »
Retrospective Amendment Allows ITC Claim for Past Periods: High Court Grants Relief Based on Precedent Summary in Key Points: Issue: The petitioner sought to claim Input Tax Credit (ITC) for the financial year 2018-19, which seemed barred by the initial time limit under Section 16(4) of the KGST Act. Retrospective Amendment: A retrospective amendment introduced… Read More »
New change for GST rates applicable to hotels and their restaurant services As per 55th GST Council Meeting Notifications has also been issued on 16.01.2025 Key Changes: Omitting “Declared Tariff”: The existing definition of “declared tariff” will be removed. This likely means that the published tariff will no longer be the sole determinant for GST… Read More »
NEW CHANGE IN GST RCM ! NOTIFICAITON ISSUED I REVERSE CHARGE MECHANISM ON RENT AND SPONSORSHIP Refer Notification No. 07/2025- Central Tax (Rate) Dated 16.01.2025 GST Reverse Charge Mechanism List Amended
Notification No. 01/2025-Compensation Cess (Rate) Dated 16.01.2025 compensation cess @ 0.1% for Export exempts the intra-state and inter-state supply of taxable goods by a registered supplier to a registered recipient for export, from so much of the compensation cess leviable thereon under section 8 of the Goods and Services Tax (Compensation to States) Act, 2017… Read More »