Basic Concept of Tax Invoice, Credit note and Debit note under GST
Understanding tax invoices, credit note and debit notes is essential in navigating the complexities of the Goods and Services Tax (GST) regime in India. Let’s delve deeper in
Anti-Profiteering Mechanism Upheld: Delhi High Court Validates and Ensures Integrity of GST
Introduction The anti-profiteering mechanism embedded within the Goods and Services Tax (GST) framework, as delineated by Section 171 of the CGST Act, 2017, serves as a safeguard t
Detention of Goods under the CGST Act – Striking a Balance Between Compliance and Fairness
Introduction The Electronic Way Bill (E-way bill), which is intended to prevent tax evasion and ensure transparency in the movement of products, has become an integral component of
Cancellation and Suspension of GST Registration: Legal Framework and Judicial Perspectives
Introduction The Goods and Services Tax regime, introduced in India on July 1, 2017, revolutionized the country’s indirect taxation system by subsuming multiple taxes under a