Tag: CGST Act
GST officers must prove intent to evade tax before invoking fraud provision: CBIC
GST field officers cannot invoke provisions relating to fraud, wilful misstatement or suppression of facts merely because a taxpayer has not paid tax, the Central…
Centre & states to draft rules for existing arrest cases under GST
New Delhi: The Centre will work with states to frame a standard operating procedure (SOP) for existing arrest cases and will conduct a quarterly review…
Digital Services gst: GST on digital services: Budget 2023-24 broadens scope of OIDAR
The availability of cheaper and feature-rich cell phones along with the penetration of low-cost internet in rural India fuelled by the Digital India campaign, has…
Promotional Scheme: Gift or not? The confusion over GST on promotional schemes run by businesses
Businesses now-a-days are adopting new and innovative promotional schemes to attract customers. With increased competition, making space for a new business or even surviving in…
GST Act | Small Businesses: Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India
The introduction of Goods and Services Tax (GST) was a bold step towards digital transformation of tax administration. GST introduced the concept of uniform tax…