Dr Sanjiv Agarwal
Goods and Services Tax (GST), introduced from July 1, 2017 is over seven months old now but has resulted in operational and implementation disruptions affecting all stakeholders. GST law, as drafted and legislated, is not free from the interpretational hassles. GST Council has however, been making regular changes to fix the anomalies and hardship faced by taxpayers. There are no legislative changes in the Union Budget 2018. However, based on GST Council recommendations, there may be some changes in the GST laws which may be introduced in second leg of Budget session in March, 2018.
Taxpayers have already started challenging various provisions of GST laws and rules framed thereunder with more than 75 writs being filed in different courts. High courts have taken a liberal stand so far in view of the fact that law is new and is yet evolving. However, CBEC may move to Supreme Court where the verdict is against the Government.
Here are a few more judicial pronouncements for information and guidance of various stakeholders. It is expected that the litigation is bound to go up as time passes by.
- In M/s Radhey Lal Jaiprakash Neadarganj Dadri v. State Of U.P. and 5 Others (2017) 11 TMI 1022; 6 GSTC 234 (Allahabad), where the application for GST registration was not filed by the assessee in the stipulated time, it was held that since the user ID and password of the assessee was not working no coercive action would be taken against the petitioner for not filing the GST return within the time stipulated.
Continue reading your story on the app
Continue reading your story in the magazine
Courts On GST (Part VI)
Dr Sanjiv Agarwal
Budget 2018 - Hits And Misses
V. K. Subramani
Special Audit Under GST
Dr Sanjiv Agarwal
Fragility To Fast Track?
Dr B. Yerram Raju
Region To Region
Region To Region
YOGA & PEACE
DEEPAK CHOPRA speaks with DAAJI about the role Yoga has to play in bringing about world peace. This is an excerpt from their conversation broadcast on International Day of Peace, September 21, 2020. That documentary is available at https://heartfulness.org/en/international-day-of-peace/.
Create the habit of meditation
CHIRAG KULKARNI, Co-Founder and CMO of Medly Pharmacies in the USA, speaks with RISHIKA SHARMA about creating a regular meditation practice, so as to make it a habit. He also shares how meditation has benefited both his personal and professional life.
SHIA'S PRIVATE TEMPLE OF DOOM!
Indiana Jones gig derailed by abuse scandal
Let's Dish
"Food Raconteur” Ashok Nageshwaran wants to tell you a story.
THE MAKING OF A MODEL MINORITY
Indian Americans rarely stop to ask why our entrance into American society has been so rapid—or to consider what we have in common with other nonwhite Americans.
Interconnectedness
In 2017, DR. VANDANA SHIVA spoke with KIM HUGHES about the sacredness of the Earth, the work she has been doing to bring awareness and change in the field of sustainable agriculture, and the importance of understanding our interconnectedness with Nature, and how we can change the way we eat.
DIAMONDS - A Luxury Gem Steeped in Fact & Fable
The diamond is one fabled gemstone! For example, google “Hope Diamond” to see all the legends associated with just this one stone said to bring misfortune to its owners.
Women's World
Brown Sugaa and Medusa
Women's World
Brown Sugaa and Medusa