Mariya Paliwala

1 day ago | jurishour.in | Mariya Paliwala

The Supreme Court comprising of Justice Sanjay Karol and Justice Satish Chandra Sharma  has granted the bail to the person accused of wrongful availment of Input Tax Credit (ITC) which was rejected by the Allahabad High Courts on the ground that accused has not surrendered when Supreme Court withdrew the concession of parole during the COVID-19.

1 day ago | jurishour.in | Mariya Paliwala

The Goods and Service Tax Network (GSTN) has stated that the taxpayers shall not be allowed to file their GST returns after the expiry of a period of three years from the due date of furnishing the return. As per the Finance Act,2023 (8 of 2023), dt.

1 day ago | jurishour.in | Mariya Paliwala

The Goods and Service Tax Network (GSTN) has issued an advisory regarding non-editable auto-populated liability in GSTR-3B. GST Portal provides a pre-filled GSTR-3B, where the tax liability gets auto-populated based on the outward supplies declared in GSTR-1/ GSTR-1A/ IFF. As of now taxpayers can edit such auto populated values in form GSTR 3B itself.

1 day ago | jurishour.in | Mariya Paliwala

The Finance Ministry has directed the Central Board of Indirect Taxes and Customs (CBIC) to initiate an urgent investigation into a potentially massive data leak involving confidential Goods and Services Tax (GST) filings and e-Way Bills, according to sources familiar with the matter. The move comes after the Surat Chartered Accountants Association (CAAS) sent a formal representation to the Finance Minister earlier this week, describing the situation as a “massive scam” and urging swift action.

1 day ago | jurishour.in | Mariya Paliwala

The Indian automobile industry is bracing for potential production disruptions as China tightens its grip on the global supply of rare earth elements (REE), crucial for manufacturing key automotive components. Companies like Bajaj Auto and TVS Motor have raised concerns over looming shortages, while others such as Maruti Suzuki India appear unperturbed—for now.