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In line with recommendations provided during 53rd GST Council Meeting, CBIC has issued clarification vide Circular No. 211/5/2024-GST date 26th June, 2024 regarding time limit
The most awaited 53rd GST Council meeting has held on June 22, 2024 and was chaired by the Hon’ble Finance Minister. Ths GST Council meeting
Held by Hon’ble High Court of Kerala In the matter of M/s M.TRADE LINKS Vs Union of India (WP(C) NO. 31559 OF 2019) Summary: The
Summary: The Petitioner was engaged in manufacturing and sale of Aluminum Casting and Machinery Parts. The petitioner claimed ITC on inward supplies received from the
The GST Council has met for the first time post election and the entire industry was keeping an eye on this meeting with high expectations.
Due date of issuance of Assessment order under Section 73 has lapsed for FY 2017-18 and FY 2018-19 on 31st December, 2023 and 30th April, 2024 respectively. In the cases where demand is raised through DRC-07, the taxpayer may either prefer an appeal with Commissioner (Appeals) or opt to pay tax determined through demand order. As per Section 78 of CGST Act, the taxpayer is given a time period of 3 months to make payment of an amount determined to be payable by any order under GST.
