The goal of this article is to cover all GST notifications 2022. All CGST Notifications issued in the year 2022 have been covered in this article. notifications on gst issued in the FY 2022-23 have been covered in this article. In addition gst notification 2022 latest pdf download facility has been provided in this article. … Read more
As is common knowledge, the GST Council made the decision at its 48th meeting declaring of what constitutes an SUV. Therefore gst on SUV cars become the important topic. In order to be considered an SUV in accordance with the new definition, a vehicle will need to satisfy three criteria. Total three criteria for SUV … Read more
According to a report published by The Economic Times, the Tata group has file write petition in the Bombay High Court to contest a goods and services tax (GST) claim with a value of Rs 1,500 crore that is related to the 2017 settlement of a dispute it had with the Japanese telecommunications company NTT … Read more
After the results of an audit that started earlier this fiscal year came in, the Goods and Services Tax (GST) department started the first full audit since the GST regime was put in place. As a result of the audit findings, the GST department issued approximately 50000 show cause notices to various companies and partnership … Read more
GST on SUV cars has now become the most complicated topic in the automobile industry. On Saturday, the Goods and Services Tax Council provided clarification on the definition of SUVs (sports utility vehicles) for the purpose of levying a 22% compensation cess and agreed to come up with guidelines to define MUVs (multi utility vehicles). … Read more
The GST Council has met 48 times since its constitution, and many important decisions were taken in this 48th GST Council meeting. This 48th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman via virtual mode in New Delhi on 17th December, 2022 One note that these … Read more
According to the Kirit Parikh committee, the central government should reduce the excise duty on CNG till gas is covered under GST. The Parikh Committee was established to work for a “market-oriented, transparent, and reliable pricing regime” and a fair price of gas to the final customer. central excise duty, state VAT, and central sales … Read more
In next GST Council meet on 17th December, 2022 there is likely to have discussion about the decriminalizing the GST law. Why the GST Act’s decriminalization may be a significant reprieve for India’s small businesses? To understand this, in this article some focus has been made in provisions of penal and criminal proceedings erstwhile law … Read more
This articles covers the latest gst updates summary November-2022. It contains all the Notifications and Circulars issued in November-2022 which covers all GST Updates November-2022. All these amendments have been presented hear topic wise and reference of relevant latest gst notifications and latest gst circulars have been given at bottom of each topic. As well … Read more
The government received the committee’s advice on the gas price mechanism on Wednesday, which was led by Kirit Parekh a Chairman of the Sustainable Gas Pricing Committee. He insisted to bring GST in gas. According to him, India has 12–13 different types of gas fields, each with a unique gas price structure. The formula has … Read more