ICICI Prudential Life Insurance, one of India’s leading life insurance companies, has recently found itself in a legal entanglement with the Maharashtra State Tax Department. The depar… Read More

If you’ve received a DRC-01C intimation under Rule 88D for an ITC mismatch between your GSTR-2B and GSTR-3B, you’re likely wondering what steps to take next. It can be a signific… Read More

Have you got an intimation in DRC-01C under Rule 88D for ITC mismatch between GSTR-2B and GSTR-3B? Understanding the reasons and how to respond        … Read More

Here are the GST return mismatch cases grouped by High CourtsFor any error or feedback pls write back at [email protected], 9953077844. Initial period of GST was filled with a lot of iss… Read More

Paradox of Refund of IGST paid on goods exported on consignment basis In case of export on consignment basis, it has been clarified by Circular No. 108/27/2019-GST dated 18-07-2019 read with… Read More

Delhi High Court quashes GST order against Suresh Kumar Jain, citing lack of opportunity for a personal hearing and insufficient consideration of the petitioner's reply. The post HC Quashes… Read More

Philips Auto Agencies (India) Pvt. Ltd. Vs State Tax Officer (Kerala High Court) Introduction: Philips Auto Agencies (India) Pvt. Ltd. approached the Kerala High Court after being denied Inp… Read More

This article mainly presented to understand the process of in-built mechanism of auto grant of refund on account of export with payment of tax for the period of GSTR-1 and GSTR-3B properly f… Read More

Image by rawpixel.com on FreepikTable of ContentsThe Staggering Cost of GST Evasion in IndiaCommon GST Issues Faced by BusinessesReconciliation Errors & ITC Mismatches E-Invoicing and Co… Read More

glowing digital money indian rupee background with text space vectorTable of ContentsTechnical Issues Plaguing GSTProblems Faced by Small BusinessesE-commerce Companies’ StrugglesE-way… Read More

A demand order was served on the Appellant on account of reversal of ITC due to difference in ITC appearing in GSTR-2A and GSTR-3B. The Appellant was available with all tax invoices and paym… Read More

Table of ContentsIntroductionWhat is GSTR-7?Who Can Deduct TDS under GST?Why is GSTR-7 Important?Due Date for Filing GSTR-7Penalties for Not Filing GSTR-7How to Revise GSTR-7?Details Require… Read More

Advisory for Online Compliance Pertaining to ITC mismatch –GST DRC-01C Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B DATED :14/11/202 Dear… Read More

Advisory on how to resolve Input Tax Credit (ITC) mismatches between GSTR-2B and GSTR-3B using new GST DRC-01C. Take action to avoid filing disruptions! The post Online Compliance Advisory:… Read More

Explore key points for Chartered Accountants issuing CA certificates in GST. Learn about the specific ITC mismatch categories, responsibilities, and limitations The post CA Certificate forma… Read More

Fantasy football sit-and-start advice should always be relative and league-dependent. Note that some players are targeted for DFS. Good luck with your Week 12 lineups! Start: Rashid Shaheed… Read More

Madras High Court challenges ITC disallowance under TNVAT Act due to mismatch and purchase suppression, directing denovo adjudication. The post Madras HC Orders Denovo Adjudication for TNVAT… Read More

DRC-03 in GST Implementing the Goods and Services Tax (GST) in India marked a significant milestone in the country’s tax landscape. GST replaced the complex and fragmented tax stru… Read More

In analysing the refutation of Input Tax Credit (ITC) due to discrepancies between GSTR 3B and GSTR 2A, it is crucial to keep in mind the underlying principles of law and the spirit of the G… Read More

Exploring the challenges of ITC mismatches in GST, addressing their origins, and suggesting amendments for a more streamlined GST system. The post Solutions for ITC Mismatch in the GST Regim… Read More

A comprehensive guide to CGST Rule 88D which deals with discrepancies in Input Tax Credit (ITC) between GSTR-2B and GSTR-3B returns, and implications of DRC-01C intimation. The post Understa… Read More

Cases Covered: SRM Engineering Construction Corporation Limited vs. the Assistant Commissioner Citations: 1. Assistant Commissioner (CT) LTU, Kakinada and others Vs. Glaxo Smith Kline Consu… Read More

Introductions:- Dear Friends and Professional, this article is going to clarify and solve your ITC mismatch litigations during the period from 2017-2018 to 2019-2020. In this article I am go… Read More

The details of GSTR-2A, GSTR-2B, and GSTR-8A, and how the discrepancies between these forms can lead to issues for taxpayers. 1. GSTR-2A GSTR-2A is an auto-generated statement of inward sup… Read More

Introduction The Goods and Services Tax (GST), introduced in India in July 2017, marked a seminal moment in the country’s fiscal history. Merging a plethora of central and state tax… Read More

In India, an indirect tax known as the Goods and Services Tax (GST) is levied on the provision of goods and services. VAT, excise duty, service tax, and other indirect taxes have all been… Read More

Importance of understanding new returns under GST Firms and taxpayers must comprehend new GST returns since doing so will help them efficiently comply with the altered tax laws. Understa… Read More

GSTR 2A reconciliation is a crucial process that helps different types of businesses to match the invoices and identify if there is any discrepancy. The process of GST reconciliation primari… Read More

Introduction: The GST automated return scrutiny module has been introduced by the Central Board of Indirect Tax and Customs (CBIC) to enhance the scrutiny and verification process of GST… Read More

CBIC issued Standard Operating procedure (SOP) for scrutiny of returns u/s 61 of CGST Act read with Rule 99 of CGST Rules, 2017 for FY 2017-18 and FY 2018-19 through Instruction No. 02/2022… Read More

With the closure of Assessment proceedings of Service Tax and VAT and 5 years have elapsed since the implementation of GST, now the department has initiated scrutiny of GST returns and most… Read More

The article “Filling GST Return: Common Mistakes to Avoid” highlights the significance of accurate reporting and understanding the various components involved in GST return filin… Read More

Introduction The Goods and Services Tax (GST) was established in India in 2017 and has since become an essential component of the nation’s taxation structure. The countrywide supply of… Read More

What is the Timeline for Getting GST Registration? GST stands for Goods and Services Tax. It is a value-added tax levied on the supply of goods and services in India. It is a comprehensive… Read More

As March approaches, the GST Year-End Checklist is a taxpayer’s most crucial document! Taxpayers have various obligations to fulfill before April 1, 2023, and some mandates are effe… Read More

Input Tax Credit is available when it gets reflected in GSTR-2A/2B of the recipient. In this Article we are going to discuss when a taxpayer can avail the Input Tax Credit when it is not ref… Read More

GST Refund On Export GST- Goods and Services tax implemented in 2017 with the aim to replace different taxes with 1 common tax. Good and service tax includes a refund process in which regist… Read More

Prior to the introduction of the GST, companies that wanted to avoid paying taxes would not send their customers actual tax invoices. With the introduction of the GST came the idea of the In… Read More