- 29 Mar 2025 06:10 PM
- New
Request for GST Amnesty Tax Payment deadline Extension
Source: https://taxguru.in/goods-and-service-tax/request-gst-amnesty-tax-payment-deadline-extension.html
Tax Bar Association, Guwahati, has formally requested Union Finance Minister Nirmala Sitharaman to extend the deadline for tax payments under the GST Amnesty Scheme (Section 128A). While the scheme, covering 2017-18 to 2019-20, aims to reduce litigation, its recent amendments and clarifications were only issued on March 27, 2025. Many taxpayers are now eligible but have just two working days (March 28 and 31) to complete their payments, making compliance difficult. The association, representing 440 professionals from various tax-related fields, urges an extension of the tax payment deadline to May 31, 2025, while retaining the existing June 30, 2025, deadline for application submission. They also commit to raising awareness through seminars and workshops to ensure wider participation.
Read More
- 28 Mar 2025 06:43 PM
- New
Maharashtra GST Dept Lists of 7773 Non-Genuine Taxpayers on 28.02.2025
As of February 28, 2025, the Maharashtra State Goods and Services Tax (GST) Department has compiled a list of non-existent or non-genuine taxpayers whose GST Registration Certificates (RC) have been canceled ab initio. This initiative is part of the department’s ongoing efforts to identify and eliminate fraudulent entities that undermine the integrity of the tax system.
Read More
- 28 Mar 2025 06:50 PM
- New
FAQs on‘Restaurant Service’ supplied at ‘Specified Premises’
Source: https://taxguru.in/goods-and-service-tax/faqs-restaurant-service-supplied-specified-premises.html
This document clarifies GST rules for “restaurant services” within “specified premises,” effective April 1, 2025. “Specified premises” now refer to hotels with accommodation value exceeding ₹7,500/unit/day in the prior financial year, or those declared as such by the supplier. Restaurant services in these premises attract 18% GST with Input Tax Credit (ITC), while those outside incur 5% without ITC. The concept of “declared tariff” is replaced with “value of supply.” Suppliers can declare premises as “specified” via Annexure VII (existing registrants) or Annexure VIII (new registrants) and opt-out via Annexure IX, filed annually between January 1st and March 31st. Declarations are valid until opted-out. Multiple premises under a single registration require separate declarations. Premises exceeding the value threshold automatically become “specified.” ITC rules differ for premises with mixed tax rates.
Read More
- 28 Mar 2025 06:46 PM
GST on Medicines and Medical Goods: Government Stance
Source: https://taxguru.in/goods-and-service-tax/gst-medicines-medical-goods-government-stance.html
The Government of India addressed queries regarding the Goods and Services Tax (GST) on medicines and medical goods in a recent Rajya Sabha session. The GST rates and exemptions are determined by the GST Council, which currently has no recommendations to remove GST on all medicines and medical goods. Jan Aushadhi medicines are sold with GST included in their Maximum Retail Price (MRP) as per existing legislation. Healthcare services, including treatments and inpatients’ food, are exempt from GST if room charges do not exceed ₹5,000 per day. State/UT-wise GST revenue from medicines and medical goods for the financial years 2019-20 to 2023-24 indicates a steady rise, with total collections growing from ₹8,861.70 crores in 2019-20 to ₹13,616.48 crores in 2023-24. The annexure to the parliamentary reply provides a detailed breakdown of revenue across states, highlighting significant contributions from states like Maharashtra, Uttar Pradesh, and Gujarat.
Read More
- 28 Mar 2025 06:38 PM
Restaurant services in hotels with room rent above ₹7,500/day fall under 18 pc GST: CBIC
New Delhi, Mar 27 (PTI) Hotels charging a room rent above ₹7,500 a day at any time in any financial year will be considered 'specified premises' for the next fiscal and restaurant services provided inside such premises will attract 18 per cent GST with input tax credit, the CBIC said on Thursday.
Read More
- 27 Mar 2025 06:32 PM
Why a ‘health tax’ alone may not solve India’s junk food crisis
The growing consumption of ultra-processed food and aggressive marketing techniques by brands, such as pushing them to shelves labelled as healthy, have caught the government's eye. The Economic Survey 2024-25 highlighted the issue and suggested several corrective steps from awareness campaigns and stricter labelling to a ‘health tax’ to curb the excessive consumption of ultra-processed food.
Read More
- 27 Mar 2025 06:53 PM
GST Grievances & Recommendations – Sales Tax Bar Association
The Sales Tax Bar Association (Regd.) has raised key GST-related concerns in a representation to the Principal Chief Commissioner, CGST & Central Excise, Delhi. Major issues include a lack of clarity in documentation for businesses operating from shared premises, additional document demands beyond legal requirements, and the inability to withdraw or edit GST registration applications, causing unnecessary delays. The association also recommends a mandatory notice viewing system on the GST portal to enhance communication and compliance. Further, it highlights difficulties in availing the GST Amnesty Scheme due to the mandatory DRC-03A requirement, particularly in cases where appeals are partially accepted or direct payments are made through the Electronic Liability Register. Another critical issue is the delay in appeal disposals due to staff shortages, making it difficult for taxpayers to meet Amnesty Scheme deadlines. To address this, the association urges the government to deploy additional manpower and extend the scheme’s due date from March 31 to June 30, 2025.
Read More
- 26 Mar 2025 06:13 PM
New income tax bill to be tabled in monsoon session: Sitharaman
Speaking in the Lok Sabha, Sitharaman said a select committee has been mandated to submit its report on the new bill by the first day of the upcoming monsoon session.
Read More
- 26 Mar 2025 06:18 PM
Why a ‘health tax’ alone may not solve India’s junk food crisis
The growing consumption of ultra-processed food and aggressive marketing techniques by brands, such as pushing them to shelves labelled as healthy, have caught the government's eye. The Economic Survey 2024-25 highlighted the issue and suggested several corrective steps from awareness campaigns and stricter labelling to a ‘health tax’ to curb the excessive consumption of ultra-processed food.
Read More
- 26 Mar 2025 06:23 PM
GST on Higher Education: Current Exemptions & Policies
Source: https://taxguru.in/goods-and-service-tax/gst-higher-education-current-exemptions-policies.html
The government has stated that GST rates and exemptions for education services are determined by the GST Council, which includes both Union and State/UT representatives. Any change in GST rates or exemptions follows a deliberative process. Currently, no city-based differential GST rates exist. Several educational services are exempt under Notification 12/2017-Central Tax (Rate), including services provided by educational institutions to students, faculty, and staff, entrance examinations, and admission-related services. Schools receive additional exemptions for transport, catering (including mid-day meals), security, cleaning, and online journals for higher education institutions. The definition of “educational institution” includes pre-schools, schools up to higher secondary, recognized degree programs, and approved vocational courses. Additionally, affiliation services provided by educational boards to government or government-controlled schools are also exempt. Under Notification 02/2017, exemptions extend to printed books (including Braille), newspapers, journals, periodicals, children’s books, slates, chalk, and slate pencils. While the government acknowledges concerns about the financial burden on students, especially in tier-2 and tier-3 cities like Sangli, there is currently no recommendation from the GST Council to alter existing GST rates on higher education services.
Read More