Budget likely to see five key amendments in GST Laws to ease compliances, reduce litigation

The changes aim to omit the requirement of establishing the discount in terms of an agreement entered into before or at the ...
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Big relief for GST taxpayers: Protection against arbitrary arrest and coercion by GST officers; CBIC changes arrest and bail guidelines under GST

Now a Goods and Service Tax (GST) proper officer can't arbitrarily arrest a GST registered person due to a recent amendment in GST arrest instructions. Moreover, now GST proper officers have to ...
Tax Guru

GST Refund Right Cannot Be Curtailed Retrospectively by Amendment: J&K&L HC

The Court held that refund rights accrued before the 2019 amendment to Section 54 cannot be taken away retrospectively. The key takeaway is that limitation changes cannot extinguish vested GST refund ...
Tax Guru

Export Proceeds Non-Realization & GST Refund Reversal Crisis

This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...
Kuensel Online

NC supports GST’s commencement date on introduction of the Bill

The majority of the Members of Parliament (MPs) in the National Council (NC) yesterday supported the goods and services tax’s (GST) commencement date on May 26 this year, in accordance with the ...