Expert Knowledge,
Straight from Practitioners.
Tax tips, legal guides, and financial advice written by the same verified CAs, Advocates, and Advisors you can consult on ConsultEase.
![C Form Under GST Scenario [Updated Information]](https://callingappdev.s3.ap-south-1.amazonaws.com/avatars/Untitled_presentation_43_1_4afafa15a1.png)
GST ComplianceC Form Under GST Scenario [Updated Information]
As we all know that after the implementation of GST from 01.07.2017, it has subsumed a number of states and Central legislatures. Central Sales Tax Act 1956 (hereinafter, called CST ACT) was amongst those acts which got partially subsumed as there are still
GST ComplianceIs Income Tax & GST Applicable on Cryptocurrencies?
Cryptocurrencies are one of the fastest-growing digital assets. A cryptocurrency is a digital currency designed to work as a medium of exchange or can be used as a form of payment online for Goods & services or can be traded on the cryptocurrency exchange. Few
GST ComplianceTime Limit For Compliances And To Issue Show Cause Notice & Filing Appeals
Brief Discussion in light of Apex Court Judgement & CBIC Circular dated 20.07.2021 1. The Hon’ble Supreme Court vide order dated 23.03.2020 has directed that the period of limitation in filing petitions/ applications/ suits/ appeals/ all other proceedings, irrespective of the period of limitation
GST ComplianceHow to login at the GST portal and use it
What is GST Portal? GST portal is the portal adopted for GST compliances. If you are a taxpayer in GST you need to use this portal. It has the following functionalities. Registration of a new taxpayer Return filing Checking the GSTIN of other parties
CA Shafaly Girdharwal
GST ComplianceCircular No. 157/13/2021-GST
To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioners of Central Tax (All) The Principal Director Generals/ Director Generals (All) Madam/Sir, Subject: Clarification regarding extension of limitation under GST Law in terms of Hon’ble Supreme Court’s Order dated 27.04.2021. The Government has issued notifications
GST ComplianceIndirect Tax Impact On Funds
In Brief This is with reference to a recent Hon’ble Bangalore CESTAT ruling rendered in the context of Venture Capital Funds, set up as Trusts, wherein the Tribunal has pronounced its view with respect to the concept of mutuality, taxability of carried interest, and other
What is CMP 08 ? How to handle negative liability and format of letter to deptt.
CMP 08 for composition dealers: This new form is introduced for composition dealers. Both composition dealers and taxpayers under 02/2019 CT are required to file it. They are filing GSTR 4 till now. But they need to file CMP 08 quarterly. GSTR 4A is still
CA Shafaly Girdharwal
GST ComplianceAvailment of ITC Credit For The Month of June, 2021
Rule 36(4) restricts the availment of input tax credit beyond 5% of the ITC reflected in Form GSTR 2A/2B. However, as per Notification No. 13/2021-CT dated 1st May 2021 as amended by Notification No: 27/2021 dated 01/06/2021the said restriction will not apply in individual months
GST ComplianceMemorandum To Hon. FM On GST Problems
Subject: – Memorandum to solve the problems faced by the common taxpayer in complying with GST tax laws in India. Under your able leadership, GST has now completed four years in our country India and now it is certain that GST is going to
GST ComplianceHSN Classification: Fortified Rice Kernels (FRK)
Advance Ruling Mislead The Industry And Shown Incorrect Path Knocking On The Doors Of Government & GST Council Is Required 1. Manufacturers of FRK in the entire industry were classifying the FRK under Chapter Heading 1006 taxable to GST @ 0% (unbranded Rice) & 5%
GST ComplianceAccounting procedure of e-commerce operators and applicability of sec 52 of GST (TCS)
E-commerce is facing a lot of issues in GST. There are unanswered questions related to accounting, compliance, and filing of returns. They have a different setup. They control the sales but don’t sell directly. Thus they play the role of intermediary between the seller and
GST ComplianceRTI revealed that Government levied Zero penalty on Infosys
Introduction- There is a lot of hue and cry on the performance of Infosys. Earlier GST portal and now income tax one. Both are spoiled by Infosys and are an example of their professional failure. But the government kept levying the penalties on the public