Notification No. 05/2023- Integrated Tax (Rate) Time Extention for GTA NOTIFICATION New Delhi, the 9th May, 2023 No. 05/2023- Integrated Tax (Rate) G.S.R. 349(E).—In exercise of the powers conferred by sub-sections (1), (3) and (4) of section 5, sub-section (1) of section 6 and clauses (iii), (iv) and (xxv) of section 20 of the Integrated… Read More »
Time Extension in GST I GTA I New Notification I CA Satbir singh
MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 9th May, 2023 Notification No. 05/2023- Central Tax (Rate) G.S.R. 348(E).—In exercise of the powers conferred by sub-section (1), sub-section (3) and sub-section (4) of section 9, sub-section (1) of section 11, sub-section (5) of section 15, sub-section (1) of section 16 and section 148… Read More »
No liability of interest would arise if ITC reversed by petitioner before its utilization : High Court HIGH COURT OF MADRAS Grundfos Pumps India (P.) Ltd. v. Joint Commissioner of GST & Central Excise ANITA SUMANTH, J. WRIT PETITION NO. 19170 OF 2020 W.M.P. NOS. 23748 OF 2020 & 13331 OF 2021 MARCH 13, 2023… Read More »
Calcutta High Court Dynasoure Concrete Treatment Private Limited Vs Chairman GSTN WPA No. 7406 of 2023 Dated 13/04/2023 Heard learned advocates appearing for the respective parties. This is a second round of litigation initiated by the petitioner making prayer for allowing it to rectify the GSTIN of service recipients in the relevant GST invoices at… Read More »
Advisory: Deferment of Implementation of Time Limit on Reporting Old e-Invoices 06/05/2023 Dear Taxpayers, 1. It is to inform you that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for taxpayers with aggregate turnover greater than… Read More »
GSTR 1 FILING FOR ONLINE SELLER I GSTR-1 for online Sellers I AMAZON ,MEESO, FLIPKART ETC
Instruction No. 01/2023-GST F. No. CBIC- 20/16/05/2023-GST Government of India Ministry of Finance Department of Revenue Central Board Indirect Taxes & Customs, GST Policy Wing New Delhi, dated 04th May, 2023 To, All the Principal Chief Commissioners / Chief Commissioners / Principal Commissioners /Commissioners of Central Tax All the Principal Directors General/ Directors General of… Read More »
Advisory for Timely Filing of GST Returns 04/05/2023 1. It has been observed that some taxpayers faced difficulty in filing GSTR-3B of March 23’ period on 20th April 2023’. On analysing the reasons, it was noted that large number of tax payers attempted to file GSTR-3B returns in the afternoon of the last day (20.05… Read More »
GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore Gross GST collection in April 2023 is all time high, Rs 19,495 crore more than the next highest collection of Rs. 1,67,540 lakh crore, in April 2022 GST revenues for April 2023 are 12% higher than the GST revenues Y-o-Y Highest tax… Read More »