GST – Laws, Rules and other information published by the Government. THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 Received the assent of the President on the 12th April, 2017 Download PDF THE INTEGRATED GOODS AND SERVICES TAX ACT, 2017 Received the assent of the President on the 12th April...
If the taxable person has violated the GST Act and the rules made by it. The taxable person has wrongly obtained GST registration by wrongful intent or suppression of facts or fraud. Being a composition dealer, the taxable person failed to file three consecutive returns under GST. The taxable...
GST is managed by the Goods and Services Tax Council and is governed by the Goods and Services Tax Act, of 2017. GST is levied on all types of goods and services except petroleum products, and electricity, on which the taxes are levied by the state governments. It is divided into two ...
The GST Act, passed in Parliament on March 29, 2017, came into effect on July 1, 2017. The journey of the GST regime has been revolutionary, featuring significant changes like the introduction of e-way bills, e-invoicing, GSTR forms, and the digitization of audits, etc. As we step ...
GST Notification 20/2024 dated 8-10-2024: Seeks to make amendments (Second Amendment 2024) to the CGST Rules, 2017 GST Notification 21/2024 dated 8-10-2024: Seeks to notify date under sub-section (1) of Section 128A of CGST Act GST Notification 22/2024 dated 8-10-2024: Seeks to not...
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作者: Rv/EPDF 摘要: "The Budget tabled by the Minister of Finance on March 22, 2016, proposed legislative amendments to section 128 of the Excise Tax Act, which provides the rules for determining whether a particular corporation and another corporation are closely related. These amendments are...
In accordance with section 122 of the CGST Act, the penalty for not obtaining GST registration in India within time is INR 10,000/- or 10% of tax due from the supply made, whichever is higher. In addition to the penalty, businesses shall be required to pay GST on the supply made alon...
GST invoice Rules Below are a few importantGST rules: Minimum Amount for Raising a GST Invoice Under the GST Act, an invoice is not mandatory for transactions less than ₹200 if the recipient is unregistered and does not request an invoice. However, businesses can issue a consolidated invoice...
The claim for a GST refund must be submitted within two years following the relevant date. This is in accordance with the CGST Act of 2017 Section 54. The relevant date may vary based on the kind of refund that is requested. For the majority of refunds, the relevant date is the day th...