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Live Demo for Filing of GSTR-3B
Live Demo for Filing of GSTR-3B Filing of GSTR-3B is the important return and should also be filed very carefully. Because in this return we utilize the input tax credit and pay the tax liability for the period or month. The government has provided the table in
Last Date for Tran-2
Last Date for Tran-2 The last date for TRAN-2 is 30th of June 2018. Be quick and file the TRAN-2 as soon as possible. The GST TRAN-2 should be filed very carefully because one mistake may change the credit value to be utilized. The credit
Threshold limit in Assam for Registration Under GST May Change
Threshold limit in Assam for Registration Under GST May Change Today right now in the GST conclave for the State of Assam. It has been indicated that most probably the discrimination meted to the North East States. By making threshold limit of registration to be
SRC Updates: Direct Tax Updates
SRC Updates: Direct Tax Updates 1. ‘Consent Payment’ made by Anil Ambani to SEBI a Business Expenditure U/s 37(1): Mumbai ITAT in the case of DCIT Vs. Anil Ambani while dismissing the appeal of the revenue held that the ‘Consent Payment’ made by the assessee
Refund of penalties in GST
Refund of penalties in GST: There may be some cases when the penalties are deposited in excess by taxpayers. Whether the refund of penalties in GST deposited wrongly will be available. Let us go through the enabling provision of GST for a refund. Section 54(8) provides
CA Shafaly GirdharwalNational Conclave on GST: Growing stronger together
National Conclave on GST: Growing stronger together Indirect Tax Committee of PHD Chamber of commerce is organizing a National Conclave on GST: Growing stronger together. The National Conclave on GST will take place on 29th June 2018 at the PHD house. The very renowned person will be
Deficiency in Formula of Calculation of Max. Refund Amount under Rule 89(5) and Probable Solution Thereof
Deficiency in Formula of Calculation of Max. Refund Amount under Rule 89(5) and Probable Solution Thereof Section 54(3) allows Refund of Unutilized ITC, inter alia, accumulated ITC due to higher rates on inputs than rates on outward supplies. The further refund may be claimed after
Live demo for the filing of GSTR-1
Live demo for the filing of GSTR-1 Let us discuss the procedure for the filling of GSTR-1. The full procedure is discussed step by step with the help of live demo for the filing of GSTR-1. The due date for the filing of GSTR-1 is
Nine Steps for Revocation of Cancelled GST Registration
Nine Steps for Revocation of Cancelled GST Registration { Application for revocation of cancelled GST registration can be accessed within 30 days, from issuance of the Cancellation Order on the GST Portal, after logging in.} STEPS 1. Access the https://www.gst.gov.in/ URL. The GST Home page
Supplies of service by the employer to the employee :
Supplies of service by the employer to the employee : Issues: What would be the valuation where the employer recovers Rs 10 towards the supply of canteen service to the employees where the cost incurred by the employer is Rs 100? Supply of canteen service by
LIQUOR LICENCES: UNDOUBTEDLY TAXABLE BEFORE AS WELL AS AFTER GST
LIQUOR LICENCES: UNDOUBTEDLY TAXABLE BEFORE AS WELL AS AFTER GST ROLL OUT – By K K Sharma, Member, Central Board of Excise & Customs (Retd.) TAXABILITY of liquor licenses issued by various State Governments to liquor vendors has come into question in the wake of
Common enrolment for transporters for e-Way Bills
Common enrolment for transporters for e-Way Bills; Seizure / Confiscation orders made available online Central Govt. notifies CGST (Sixth Amendment) Rules 2018 from date of their publication in Official Gazette; Inter alia allows common enrolment for transporters for purpose of e-Way Bill by amending Rule