News

The GST Council may consider major reforms to simplify compliance, unlock accumulated ITC, ease e-way bill rules and reduce criminal penalties under the GST law.

Next-Gen GST 2.0 Reforms: GST Council May Ease Compliance Rules, Free Up Thousands of Crores in ITC

Articles

India’s GST 2.0 reform push could widen ITC, speed up refunds, simplify returns and curb arrest powers, giving businesses major compliance relief.

GST 2.0: Council May Consider Wider ITC, Faster Refunds, Simpler Returns and End to Arrest Powers in Major Business Relief Push

The GST Council may propose major enforcement reforms, including court approval for arrests, a Rs 5 crore prosecution threshold and decriminalisation of certain offences.

GST Council May Scrap Arrest Powers of Officers, Raise Prosecution Threshold to Rs 5 Crore

Judgement

The ITAT Ahmedabad follows Gujarat High Court Ruling and holds Nil ALP Determination unsustainable without proper benchmarking.

ITAT Deletes Rs. 20.17 Crore Transfer Pricing Adjustment on Intra-Group Services 

The ITAT Ahmedabad held that revenue must establish specific nexus between accommodation-entry provider and assessee’s sales transactions.


ITAT Remits Rs. 1.80 Crore Section 68 Addition for Fresh Verification of Accommodation Entries

The ITAT Ahmedabad held Herbalife Distributor’s commission to wife’s concern cannot be restricted merely by comparing with ayurvedic businesses.


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Next-Gen GST 2.0 Reforms: GST Council May Ease Compliance Rules, Free Up Thousands of Crores in ITC

GST 2.0: Council May Consider Wider ITC, Faster Refunds, Simpler Returns and End to Arrest Powers in Major Business Relief Push

GST Council May Scrap Arrest Powers of Officers, Raise Prosecution Threshold to Rs 5 Crore

ITAT Deletes Rs. 20.17 Crore Transfer Pricing Adjustment on Intra-Group Services

ITAT Remits Rs. 1.80 Crore Section 68 Addition for Fresh Verification of Accommodation Entries

ITAT Deletes Commission Disallowance Under Section 40A(2)(b) for Lack of Comparable Basis