GST Update Roundup

Patna HC Refuses Relief against Registration Cancellation

The Patna High Court has refused to interfere with the cancellation of a taxpayer's GST registration, holding that the non-filing of returns is a valid reason for cancellation. [1]

Taxpayer Gets Second Chance Despite Missed e-Verification Deadline

A taxpayer has been given a second chance despite missing the deadline for e-verification, in a welcome move for businesses looking to comply with GST requirements. [2]

India Inc Gives GST Thumbs Up

A recent survey has found that India Inc is giving GST a thumbs up, despite some concerns about refunds and audits. [3]

High Court Allows GST Revocation

In a significant development, the High Court has allowed a taxpayer to revoke their GST registration after paying all outstanding dues and filing returns. [4]

Further Work Needed on GST Carve-outs

The National Taxpayers Association of Australia (NTAA) has said that further work is needed on GST carve-outs, amidst concerns about the impact of the tax on certain sectors. [5]

Mumbai ITAT Provides Relief to Salaried Taxpayer

The Mumbai ITAT has provided relief to a salaried taxpayer whose employer failed to deposit TDS, in a welcome move for individuals looking to comply with tax requirements. [6]

The Reserve Bank Rolls the Worry Beads Again

The Reserve Bank has expressed concerns about the impact of the Goods and Services Tax on the economy, amidst worries about inflation and growth. [7]

Exclusive: Federal BC Condo Conversion Program To Include Homeownership Aspect

An exclusive report has revealed that the federal government's condo conversion program in British Columbia will include a homeownership aspect, with a GST rebate available for eligible buyers. [8]

Shree Cement GST Appeal Dismissed, Reinstating Demand

Shree Cement's appeal against the GST demand has been dismissed, reinstating the demand for the company. [9]

[1]: https://www.taxscan.in/top-stories/gst-1st-appeal-filed-after-delay-of-21-months-patna-hc-refuses-relief-against-registration-cancellation-for-non-filing-of-return-1448173

[2]: https://a2ztaxcorp.net/taxpayer-gets-second-chance-despite-missed-e-verification-deadline/

[3]: https://a2ztaxcorp.net/india-inc-gives-gst-thumbs-up-seeks-faster-refunds-smoother-audits-survey/

[4]: https://studycafe.in/high-court-allows-gst-revocation-on-payment-of-all-outstanding-dues-and-filing-of-returns-424996.html

[5]: https://www.accountingtimes.com.au/tax/further-work-needed-gst-carve-outs-ntaa

[6]: https://blog.saginfotech.com/mumbai-itat-provides-relief-salaried-taxpayer-employers-tds-deposit-lapse

[7]: https://williambuck.com/series/the-reserve-bank-rolls-the-worry-beads-again/

[8]: https://howardchai.substack.com/p/canada-british-columbia-condo-conversion-partnership-attainable-homeownership-initiative

[9]: https://scanx.trade/stock-market-news/companies/shree-cement-gst-appeal-dismissed-reinstating-demand/43869133