Rule 86B was introduced under the GST regime to curb fake invoicing practices. It mandates that: “Notwithstanding anything contained in these rules, the registered person shall not use the amount ...

Finding that the refund claim was filed within two years from the “relevant date” as defined in Explanation 2(a) to Section 54(14) of CGST Act , the Madras High Court recently clarified that ...

Failure to comply with GST rules can have severe consequences. If a landlord evades tax, wrongly avails of input tax credit, or wrongly claims a refund exceeding ₹ 5 crore, they could face up to ...