M/s Comfort Battery v. Additional Commissioner, Central Goods and Services Tax
M/s Comfort Battery v. Additional Commissioner, Central Goods and Services Tax – Whether Penalty Can Be Imposed When Form GST DRC-01 Shows “Nil” Penalty? Background of the Case In this case, the petitioner, M/s Comfort Battery, challenged an adjudication order passed under Section 74 of the CGST/UPGST Act relating to the financial years 2018-19 to […]
Amendment to CGST Rate Schedule for Certain Goods
Simplified Explanation of Notification No. 1/2024-Central Tax (Rate) Heading: Amendment to CGST Rate Schedule for Certain Goods Purpose of the Notification:This notification updates the GST rate schedule by amending the entries related to specific goods under the 2.5% GST rate category. Key Details: Amendment in GST Rate Schedule: Previous Notification: Notification No. 1/2017-Central Tax (Rate) dated […]
CHAPTER-17 INSPECTION,SEARCH AND SEIZURE
Rule-139 Inspection, search and seizure (1) Where the proper officer not below the rank of a Joint Commissioner has reasons to believe that a place of business or any other place is to be visited for the purposes of inspection or search or, as the case may be, seizure in accordance with the provisions of […]
CHAPTER-14 TRANSITIONAL PROVISIONS
Rule-117 Tax or duty credit carried forward under any existing law or on goods held in stock on the appointed day (1) Every registered person entitled to take credit of input tax under section 140 shall, within ninety days of the appointed day, submit a declaration electronically in FORM GST TRAN-1, duly signed, on the […]
Valmet Flow Control (P.) Ltd. v. Union of India
Bombay High Court | Decision dated 22.04.2026 Introduction The Bombay High Court in Valmet Flow Control (P.) Ltd. v. Union of India delivered an important ruling on GST refund claims and the maintainability of subsequent refund applications filed for invoices inadvertently omitted from an earlier claim. The judgment reinforces the principle that substantive tax benefits […]
CHAPTER-1 PRELIMINARY
Rule-1 Short title [***][1]and Commencement (1) These rules may be called the Central Goods and Services Tax Rules, 2017. (2) They shall come into force with effect from 22nd June, 2017. Reference for Amendments :- [1] Omitted for Word “,Extent” vide Notification No. 07/2017- Central Tax dated 27.06.2017 w.r.e.f. 22.06.2017 Rule-2 Definitions In these rules, unless […]
CHAPTER-9 MISCELLANEOUS
SECTION-20 Application of provisions of Central Goods and Services Tax Act SECTION AND RELEVANT RULE Section 20. Application of provisions of Central Goods and Services Tax Act.- Subject to the provisions of this Act and the rules made thereunder, the provisions of Central Goods and Services Tax Act relating to,– (i) scope of supply; (ii) […]
CHAPTER-5 PLACE OF SUPPLY OF GOOD OR SERVICES OR BOTH
SECTION-10 PLACE OF SUPPLY OF GOOD OR SERVICES OR BOTH SECTION AND RELEVANT RULE (1) The place of supply of goods, other than supply of goods imported into, or exported from India, shall be as under,– where the supply involves movement of goods, whether by the supplier or the recipient or by any other person, the […]
CHAPTER-8 ACCOUNTS AND RECORDS
CHAPTER OUTLINES Assessment under GST is centered on the principle of self-assessment. Every registered person shall himself assess the tax payable by him for a tax period and, after such assessment, shall file the return required under section 39 of the CGST Act, 2017. For the purpose of proper self-assessment, every person registered under the GST Act […]
Year-End Tax Compliance Checklist: 31 March 2027
Why 31 March Is Not Just a Year-End Most taxpayers treat 31 March as the close of the financial year and nothing more. Tax professionals know it differently. The last day of the Tax Year is simultaneously: the advance tax final computation date, the Section 43B payment deadline, the MSME payment clearing deadline, the capital […]