Section 74 Determination of tax not paid, CGST Act, 2017 Officers to assist proper officers, Sec 72 of CGST Act, 2017 Inspection of goods in movement, Sec 68 of CGST Act, 2017 Section 67 of CGST Act, 2017 Power of inspection, search and seizure ...
The effect of the Act on the scheme apart from Division 165 (para (f)) – The GST Act intends to allow an ITC to an entity carrying on an enterprise that has paid for an acquisition, and paid dollar for dollar for it, in a business-to-business transaction under a practical business ...
In case of fraud (Section 74), a penalty of 100% of the tax due or Rs 10,000 whichever is higher will apply In case of no fraud, a penalty of 10% of the tax due or Rs 10,000 whichever is higher will apply GST rate “}”>Penalty for wrongfully charging a higher GST rate Penal...
“Rule 86A of the Rules is a draconian, arbitrary, irrational, and unduly harsh provision and therefore violative of Article 14 of the Constitution of India. Rule 86A of the Rules ultra virus the Section 74 of the Act in as much as Section 74 of the Act mandates issue of show cause not...
Section 75(12) of the CGST Act, 2017 permits tax recovery without the issuance of a Show Cause Notice under Section 73/74 of the CGST Act, 2017 in which any tax amount is self-assessed as per the return filed under Section 39 of the CGST Act, 2017. To the said sub-section of Fina...
Penalty under section 127(5) Gst refund under inverted duty scheme(4) Clarity on applicability of section 194t for ay 2025-26... (2) Change of charging section from 74 to 73 of cgst act... (5) Process for factory stuffing/self selaing permission... (6) Proposed...
Therefore, supply of these two together, being independent from each other constitutes 'mixed supply' instead of 'composite supply' as per Section 2(74) of the CGST Act. Hence, liable to GST @18%, in terms of Section 8(b) of the CGST Act, which provides that a mixed...
This ruling was based on the Goods and Services Act, which taxes games of skill at 19% and games of chance at 28%. GST Department’s Notice: The GST department had issued a notice to GamesKraft under Section 74(5) of the CGST Act, demanding a substantial sum to be deposited along ...
State of Maharashtra [Writ Petition No. 17122 of 2024 dated December 11, 2024] disposed the writ and held that the proviso to Section 98(2) the Central Goods and Ser Posted in GST | 216 Views SCN can be issued both under Section 73 and 74 of the CGST Act Bimal Jain 18 December ...
Summary of GST Circular 161: Summary of GST Circular 160: Clarification relating to the export of services-condition (v) of section 2(6) of the IGST Act 2017 Summary of GST Circular 164: GST Rates and Classification of Goods/Services October marked the completion of a year of e-invoicing....