News

The 18% Goods and Services Tax (GST) applicable on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs.2,000 can be claimed as ITC by GST-registered businesses. 


18% GST on UPI Merchant Discount Rate to Apply on Transactions Above Rs.2,000 From October 15

Judgement

The Gauhati High Court has held that there is no prohibition under the Central Goods and Services Tax Act, 2017 against issuance of a consolidated show cause notice covering multiple financial years.

Gauhati High Court Upholds Validity of Consolidated GST SCN Covering Multiple Financial Years in matter of Tata Projects

The Goods and Services Tax Appellate Tribunal (GSTAT) Delhi, has held that Lifestyle International Pvt. Ltd. profiteered Rs 13.61 crore by failing to pass on the benefit of reduction in GST rate.

GSTAT Upholds Profiteering of Rs 13.61 Crore by Not Passing GST Rate Cut Benefit to Consumers

Articles

Goods and Services Tax (GST) and GST-registered businesses can now digitally record the delivery of goods.

GSTN Introduces E-Way Bill Closure Facility for Goods Delivery Tracking

Goods and Services Tax Appellate Tribunal held that Belhekar &amp; Kale Associates did not violate anti-profiteering provisions under Section 171 of the CGST Act, as the entire contract was executed in the post-GST period.

No Profiteering Found in Mumbai Port Trust Modernization Case

Rana Sugars Limited Received a GST demand of ₹53.28 lakh from the Central Goods and Services Tax for Alleged Compliance issues, which it Disputes and Plans to Appeal, expecting no major impact.

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18% GST on UPI Merchant Discount Rate to Apply on Transactions Above Rs.2,000 From October 15

Gauhati High Court Upholds Validity of Consolidated GST SCN Covering Multiple Financial Years in matter of Tata Projects

GSTAT Upholds Profiteering of Rs 13.61 Crore by Not Passing GST Rate Cut Benefit to Consumers

GSTN Introduces E-Way Bill Closure Facility for Goods Delivery Tracking

No Profiteering Found in Mumbai Port Trust Modernization Case

Rana Sugars Receives GST Demand of Rs 53.28 Lakh, Likely to Challenge Order Before Appellate Authority