The blog discusses the legal elements for the condonation of the delay in the petition of GST, examining the related case laws and furnishing a complete technical discussion on the case. GST tax litigators are under pressure to furnish their appeals to the first appellate authority. It is expected that distinct appeals shall be filed […] The post Notable HC Cases on Condonation of Delay in GST Appeals first appeared on SAG Infotech Official Tax Blog ..read more

FM Nirmala Sitharaman after taking charge of the Union Finance Minister, is ready to preside over the most awaited 53rd GST council meeting. The very session addresses distinct crucial issues affecting distinct sectors of the economy, promising deliberations and resolutions. Fitment Committee’s Set Proposal for Further Discussion The GST Council in a meet nominated Fitment […] The post 53rd GST Council to Discuss New Rate and Compliance Measures first appeared on SAG Infotech Official Tax Blog ..read more

The GST regime in India is a faster system with the tax rates within the amendment by the Government. In finding the applicable tax rate for the supplies made at the time of these rate revisions, Section 14 of the Central Goods and Services Tax (CGST) Act, 2017, plays a vital role. This blog facilitates […] The post GST Section 14: Functions, Provisions and Payment Date first appeared on SAG Infotech Official Tax Blog ..read more

GSTN notified the incorporation of the GST e-way bill 2 Portal by NIC on June 1, 2024, through an issue advisory on May 28, 2024. Accessible at (https://ewaybill2.gst.gov.in), this portal shall function in parallel with the main E-Way Bill portal (https://ewaybillgst.gov.in), ensuring high availability and quick synchronization of e-way bill details. The new portal keeps […] The post All About GST E-Way Bill 2 Portal with Main Benefits first appeared on SAG Infotech Official Tax Blog ..read more

Can we show the GST credit note in returns post-30th November of the next fiscal year? The author attempted to examine and think on the same aspect in the said blog. What is a GST Credit Note? A credit note is said to be a very common financial document that has been issued by all […] The post Possibilities for Credit Note Declaration in GST Returns After 30th Nov first appeared on SAG Infotech Official Tax Blog ..read more

The reassessment notices have been quashed by the Bombay High Court and have been issued based on the data obtained via the Directorate General of GST. The bench of Justice K. R. Shriram and Justice Neela Gokhale has marked that the AO is referring to the data obtained from the Directorate General of GST. Nothing […] The post Assessee Receives GST Notice on Basis of Details from DGGI U/S 148: Bombay HC Quashes and Aside first appeared on SAG Infotech Official Tax Blog ..read more

There might have been chances when you came across instances of the Directorate General of GST Intelligence (DGGI), issuing notices and alleging tax evasion. You might have questioned yourself what this organization is all about. In what way does it operate? In what way does the same discover the instances of tax evasion? The operations […] The post All About DGGI and Its Role in Preventing GST Evasion first appeared on SAG Infotech Official Tax Blog ..read more

In this article, SAG Infotech has added the benefits and critical challenges that taxpayers may encounter while re-filing their GSTR 3B form. This form is used for reporting monthly sales and purchases to the government. The GST department has sent an advisory to the particular taxpayers for the first opportunity provided to rectify the errors […] The post Benefits & Challenges of Revised GSTR 3B for Re-filing first appeared on SAG Infotech Official Tax Blog ..read more

It is important to buy a house and is a long-term investment of money. This article gives information on different GST rates and how they apply when buying flats that are either under construction or ready to use. In these transactions, GST needs to be acknowledged. Knowing whether or not GST is applicable will affect […] The post GST Rates on Under-Construction & Ready-to-Use Flat first appeared on SAG Infotech Official Tax Blog ..read more

The past six years have seen more than 1,000 notifications, circulars, and instructions for assesses and adjudicating authorities, therefore opening up the GST law to interpretation by assesses and authorities identical. The same interpretation has furnished an increase to the rising case laws across different judiciaries and writ petitions being filed to various High Courts […] The post Needful Action to Do Regarding GST Before 31st Mar 2024 first appeared on SAG Infotech Official Tax Blog ..read more