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Supreme Court Allows 2-Months Extra Window For Availing Transitional Credit; Directs GSTN To Open Portal For TRAN-1/TRAN-2 Forms

Supreme Court Allows 2-Months Extra Window For Availing Transitional Credit; Directs GSTN To Open Portal For TRAN-1/TRAN-2 Forms

In a relief to several assessees who missed the statutory deadline, the Supreme Court has directed the Goods and Services Tax Network (GSTN) to allow a 2-month additional window from September 1, 2022...

25 July 2022 7:56 AM GMT
GST Council Recommendations Not Binding On Parliament & State Legislatures : Supreme Court

GST Council Recommendations Not Binding On Parliament & State Legislatures : Supreme Court

In a significant verdict, the Supreme Court on Thursday held that the recommendations of the GST council are not binding on the Parliament and State Legislatures.Though some of the recommendations of...

19 May 2022 5:36 AM GMT