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GST ADJUDICATION ERROR
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...- Gujarat HC pulls up GST officer for citing non-existent case laws, flags AI misuse in ordersThe Gujarat High Court censured a GST officer for depending on unverified AI-produced court citations, which proved fictitious. The errors ...
- Budget 2026: Too many customs disputes, too little closure. Can an amnesty clear the air?Union Budget news: India faces a significant backlog of customs disputes. A Customs Amnesty Scheme could offer a one-time settlement for el...
- Complex rules a hurdle for MSMEs, says Gauba Panel; Gives 38-pt agendaA high-level committee has proposed 38 reforms for India's MSME sector, environmental rules, FSSAI, and BIS. Key proposals include simplify...
- Get it right, GST do itNarendra Modi's announcement signals a deeper GST reform, aiming for simplification and fairness. GST 2.0 prioritizes passing tax reduction...
- No late fees for filing GSTR-7 after deadline; Here’s why these taxpayers still need to file it to avoid serious consequencesGSTR-7 due date: New advisory by GSTN says even if the due date for filing GSTR-7 is missed, taxpayers filing a 'Nil' GSTR-7 return will no...
- Budget 2024: No GST demand notice to be issued beyond 42 months from the due date of filing annual return; Know how it will help youGST: Now demand notices of GST cannot be issued beyond 42 months from the due date of filing GST annual return. Moreover, GST demand orders...
- Duty evasion up to Rs 1 crore may not lead to jail termIndia proposes to decriminalise provisions in the central excise law, aiming to remove imprisonment for minor duty evasions and reduce pena...
- Biocon gets over Rs 3 crore penalty over GST related issuesBiocon said it is "in the process of taking appropriate actions, including but not limited to, filing of the necessary appeal with the appe...
- Nirmala Sitharaman's fourth Budget: The full speechIndia has pledged to spend more to fire up the key engines of economic growth in Asia’s third-largest economy, as it stages a world-beating...
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