JurisHour

5 days ago | jurishour.in | Mariya Paliwala

The Institute of Chartered Accountants of India (ICAI) has issued the practical guide on GST disputes stating that the Chartered Accountants (CAs) are expanding their professional domain from traditional income tax roles to taking the lead in indirect tax representation, particularly under the Goods and Services Tax (GST) regime. The Goods and Services Tax, introduced as a unified tax replacing multiple levies, has led to a rise in procedural complexity and legal disputes.

5 days ago | jurishour.in | Mariya Paliwala

In a continuing saga of administrative setbacks, the long-awaited (GSTAT) has failed to take off once again, leaving thousands of taxpayers and litigants in a state of prolonged uncertainty. Despite being slated to start functioning in December 2024, the tribunal remains non-operational due to a series of bureaucratic, legal, and infrastructural hurdles — with more potential delays looming on the horizon.

5 days ago | jurishour.in | Mariya Paliwala

The Special Chief Judicial Magistrate’s Court in Meerut has ordered judicial custody of a person accused of a massive Rs. 10.85 crore tax evasion case under the CGST Act, 2017. The accused was booked under Sections 132(1)(b), 132(1)(c), and 132(1)(i) by the Directorate General of GST Intelligence (DGGI), RZU Ghaziabad. The person was accused of playing a key role in orchestrating fraudulent GST activities.

5 days ago | jurishour.in | Mariya Paliwala

The Ministry of Finance is reportedly considering allowing SEZ units to sell goods in the domestic market on a ‘duty-foregone’ basis through an executive order. This policy shift, if implemented, would permit SEZs to pay only the duties foregone on raw material inputs used in production rather than full customs duties on finished goods.

5 days ago | jurishour.in | Mariya Paliwala

The Supreme Court has issued a stern warning to Central GST defaulters who have been exploiting a legal loophole to avoid depositing security amounts mandated for bail. In a strongly worded order, the apex court condemned what it described as a growing “tactic” among accused individuals—agreeing before high courts to deposit substantial amounts as a condition for bail, only to later approach the Supreme Court challenging those very conditions as unfair.