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The Finance Act (No. 2) of 2024 introduced Section 74A to the CGST Act, bringing clarity and structured timelines to address instances where tax has not been paid, short paid, erroneously refunded, or where input tax credit (ITC) has been wrongly availed or utilised. This new provision is applicable for the financial year 2024–25 onwards […]

Section 73 of the CGST Act, 2017 plays a crucial role in the determination and recovery of taxes where there is no element of fraud, wilful misstatement, or suppression of facts. The section specifically applies to cases where tax has been short paid, not paid, erroneously refunded, or input tax credit (ITC) has been wrongly

GST launched on 1st July 2017, brought about a unified and comprehensive taxation system across the country. To ensure its effective implementation, the CGST Act lays down various provisions regarding administration and enforcement. Among these, Section 72 of the CGST Act, 2017, plays a crucial role by ensuring support from various officers across departments. This

Businesses registered under the GST regime in India must comply with various statutory requirements, including the maintenance of proper records and making them accessible to GST authorities when needed. One of the important provisions related to compliance and transparency under the CGST Act is Section 71 – Access to Business Premises. This section empowers GST

In the realm of GST compliance, transparency and cooperation with tax authorities are vital. Section 70 of the CGST Act empowers the proper officer to summon individuals for inquiry purposes. This provision is instrumental in ensuring that investigations under GST law are carried out efficiently and within the legal framework. This article provides a comprehensive

The GST law in India empowers tax authorities with significant enforcement mechanisms to combat tax evasion and ensure compliance. One such provision is Section 69 of the CGST Act, 2017, which grants the Commissioner the authority to arrest individuals involved in serious tax offences. This section must be read in conjunction with Section 132 of

In the dynamic landscape of GST in India, Section 68 of the CGST Act plays a pivotal role in ensuring transparency, compliance, and effective monitoring of goods in transit. Introduced as part of the GST framework, this section lays down specific obligations for transporters and empowers authorities to inspect goods during movement. Enforced from 1st

Section 67 of the CGST Act, 2017 is a vital provision that grants powers to GST authorities to inspect, search, and seize goods, documents, or premises. These powers are primarily aimed at curbing tax evasion, uncovering fraudulent transactions, and ensuring compliance with the GST law. Understanding this section is crucial for taxpayers, business owners, warehouse

The GST regime has brought about comprehensive reforms in the indirect taxation system in India. To ensure transparency, compliance, and protection of revenue, the law empowers GST authorities with various tools. One such powerful mechanism is Section 66 – Special Audit, which is invoked in specific circumstances to scrutinize a taxpayer’s records in greater depth.

Section 65 of the CGST Act, 2017 lays down the provisions for audits conducted by GST authorities on registered taxpayers. Understanding this section is essential for every business registered under GST, as it outlines the conditions, manner, and timelines for audits, along with taxpayer obligations and consequences of non-compliance. In this detailed post, we will