Goods & Services Tax (GST) Updates

[Sushubh]

Egg Seller, Juice Vendor Get Notices For GST Dues Worth Crores

An egg seller and a juice vendor in Madhya Pradesh and Uttar Pradesh were in for a huge shock when they received notices for dues worth crores from the Income Tax (I-T) department.

www.ndtv.com

 

[Sushubh]

Haryana amnesty scheme to offer relief on GST penalties for taxpayers | India News - Business Standard

 

[Sushubh]

Apartment maintenance over Rs 7,500 to attract 18% GST; panic among residents over compliance burden

BENGALURU: With apartments now the default mode of urban living, the government is tapping housing societies to impose 18 per cent GST on monthly maintenance. E

www.newindianexpress.com

 

[Sushubh]

Bombay High Court stays ₹400 crore GST penalty on Shemaroo employees - CNBC TV18

The Bombay High Court has granted interim relief to three Shemaroo Entertainment executives facing ₹400 crore in personal GST penalties. The case challenges Section 122(1A) of the CGST Act on constitutional grounds, raising key questions about retrospective penalty imposition and personal...

www.cnbctv18.com

 

[Sushubh]

Club services to its members cannot attract GST: Kerala High Court

The Kerala High Court recently held that the services or welfare schemes extended by a club to its members cannot be taxed under Goods and Services Tax (GST) la

www.barandbench.com

 

[Sushubh]

T.N. government will bear GST on MLA constituency development fund: CM Stalin

Chief Minister M.K. Stalin announces State government will cover 18% GST on MLA constituency development fund to avoid project delays.

www.thehindu.com

Clown country.

 

[Sushubh]

Lawyers Running Individual Practice Exempt From Levy Of GST, Service Tax: Orissa High Court

The Orissa High Court has reminded the GST and Service tax authorities not to harass practicing lawyers by issuing them notices for levy of GST or service tax.A Chief Justice Harish Tandon and...

www.livelaw.in

No service provided I guess.

 

[Sushubh]

Reforms stalled as GST Council meeting not held in five months

GST Council's prolonged meeting delay hampers tax reforms, compliance simplification, and overall tax ecosystem improvement, raising concerns.

www.thehindubusinessline.com

 

[Sushubh]

Supreme Court affirms mobile towers are not immovable property; upholds ITC eligibility under GST - CNBC TV18

In a major relief to the telecom sector, the Supreme Court has upheld the Delhi High Court ruling allowing input tax credit (ITC) on mobile telecom towers under GST. It dismissed the Revenue Department’s plea, affirming that towers qualify as ‘plant and machinery’ and not immovable property.

www.cnbctv18.com

 

[Navjot Singh]

India proposes next-gen GST reforms with simplified two-rate structure, new 40% slab for sin goods - CNBC TV18

The Centre proposes next-gen GST reforms with a simplified two-rate structure of 5% and 18%, plus a new 40% slab for sin goods. Essentials may get cheaper.

www.cnbctv18.com