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The Goods and Services Tax framework has undergone significant transformations since its implementation in 2017. Recent amendments and judicial pronouncements have further shaped the dynamics of GST registration. Latest Changes in GST registration process 1) Aadhaar Authentication for registered persons: Rule 10B of CGST Rules had been inserted by Noti. No. 38/2021-Central Tax dated 21.12.2021. Aadhaar authentication […]

The Government of India has introduced a new Amnesty Scheme under GST, notified via Notification No. 17/2024 – Central Tax. The Indian Government periodically announces amnesty schemes under the Goods and Services Tax (GST) to help taxpayers resolve non-compliance issues, reduce the burden of penalties, and encourage voluntary compliance. In 2024, the New Amnesty Scheme aims to address certain

This article delves into the legal framework surrounding cash seizure, the grounds on which authorities exercise these powers, and the remedies available to taxpayers in such cases. The primary question that arises for consideration is whether the expression “things” contained in Section 67(2) of the CGST Act includes cash / currency seized during search and seizure. Before adverting

Suo Moto Cancellation of registration may be initiated by the Tax Official for various situations as mentioned in the provisions of GST law like: – Any Taxpayer other than composition taxpayer has not filed returns for a continuous period of six months. Supplies any goods and / or services without issue of any invoice, inviolation of

The Finance (No. 2) Bill, 2024, introduces significant amendments to the Central Goods and Services Tax (CGST) Act, 2017, aiming to refine and enhance the GST framework. Below is a detailed analysis of the proposed amendments: 1.   Amendment of Section 9: Expansion of Taxable Goods (Applicable from 01.11.2024 by Noti. No. 17/2024-CT) The amendment to Section 9(1) expands

Goods and Services Tax (GST) in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. Among the various classifications of taxpayers under GST, one unique category is that of the Casual Taxable Person (CTP). This article delves into the concept of a Casual Taxable Person, its necessity, registration process, specific provisions under the

The Central Board of Indirect Taxes and Customs (CBIC) has released Notification No. 12/2024–Central Tax to amend the Central Goods and Services Tax (CGST) Rules, 2017. This detailed article covers every aspect of the notification, with a particular focus on the valuation of Corporate Guarantees. 1. Valuation of Corporate Guarantees: Primary Amendment: The value of services

The Goods and Services Tax (GST) Act is a comprehensive legislation that governs the taxation of goods and services in India. Among its various sections, Section 25 is particularly crucial as it details the process for registration under GST. This article delves into the intricacies of Section 25, highlighting the relevant rules, time limits, documentation requirements, and provisions

Revocation of Cancellation of Registration under GST is a process that allows a taxpayer to restore their GST registration if it has been canceled by the tax authorities. This guide provides a comprehensive overview of the revocation process, including the grounds for cancellation, the procedure for applying for revocation, and the conditions for approval. Goods

Section 67 of the Central Goods and Services Tax (CGST) Act, 2017 deals with the inspection, search, and seizure powers of tax authorities. This section empowers GST officers to conduct inspections, searches, and seizures to prevent tax evasion and ensure compliance with GST laws. Here’s a detailed explanation of Section 67: Powers of the GST