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GST ComplianceFacing Block Credit Under GST Rule 86A & Notices for GSTR 2A & 3B Mismatch
Introduction- Taxpayers throughout the country are receiving multiple notices which pertain to blocking of input tax credit invoking rule 86(A) of the CGST rules 2017. In many instances notices are also not received by the taxpayers and the fact only comes to notice when one
GST ComplianceMonthly End to End Indirect Taxes Updates
Facing Blocked ITC CAL- MRS REALTY PRIVATE LTD & ANR. Vs UNION OF INDIA & ORS GST – Petition challenging the constitutional validity of Rule 86A of the CGST Rules and reading down of Section 16(2)(c) of the CGST Act HELD – Serve Notices
FAQ’s on QRMP return scheme of GST [Recent Changes]
What are the recent changes related to the QRMP Scheme? Auto population of GSTR 3b Liability- GSTR 3b contains the data of sale and ITC. It also calculates the final tax liability. This liability is based on tax payable and ITC received. Now, this data
CA Shafaly Girdharwal
GST ComplianceDue Date Compliance Calendar JULY 2021
A. Due dates for Compliances under GST GSTR-3B – Monthly GST Return Turnover in the previous financial year Return for the Month Extended Due Date Up to Rs. 5 Crores – Category -I (For Taxpayer who is opting for QRMP Scheme) APRIL-JUNE – 2021 22-JULY-2021
GST ComplianceGSTR 1, When to file, who is liable to file, Due dates, late fees
Latest Update in GSTR-1 As per the latest changes in GST, You cant file GSTR 1of the next month unless you file the GSTR 1 and 3b of the previous month. There is a history of ITC frauds behind this provision. The recipient will lose
GST ComplianceWho is required to make an E-way bill in GST? procedure and liability
Introduction E – waybill is a document required for the movement of Goods. It is not always related to the sale or supply. But if there is a movement, E waybill should be prepared. It is covered by GST provisions. It contains information related to
GST ComplianceNotification No. 28/2021 – Central Tax
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS Notification No. 28/2021 – Central Tax New Delhi, the 30th June 2021 Related Topic:
GST ComplianceGuidance Notes on “When, Where & How to rectify Common mistakes in furnishing the data through Form GSTR-1 & Form GSTR-3B “under GST Act,2017.
Dear Professional Colleagues, Good Day to you. Today I am providing my guidance Notes on rectifications of mistakes in furnishing the data through Form GSTR-1 & Form GSTR-3B under GST Act, 2017. I have received queries from some of the professional colleagues on how to
GST ComplianceWidening the powers of the Provisional Attachment – A brief analysis of the budgetary amendment
In the previous article (see, “Tax Wire” Issue: 08 dated June 12, 2021), we briefly discussed the provisions of S. 83 of the CGST Act, 2017 („the Act‟) empowering the Commissioner to resort to the provisional attachment in the specified circumstances and the protective shield
Late fees and interest for late filing of GST returns
GST returns are a mechanism of self-assessment. Government desire that taxpayer should file it on time. Many events are connected with the late filing of GST returns. Here we have incorporated all the important events related to GST returns. It may be late fees or
GST ComplianceConstitutional Validity of the Provision levying GST on the supply of Business Promotion Services to the Recipient located Outside India
2021 (6) TMI 383 – Bombay High Court in Dharmendra M. Jani Versus Union of India and Others Question for Consideration before Hon’ble Court Whether Section 13(8)(b) of IGST Act, 2017 creating the deeming fiction of treating the place of supply as the
GST ComplianceHow to tackle Show Cause Notices and related Judgments
Introduction In Pre GST era section 11A of the Central Excise Act, section 28 of the Customs Act and Section 73 of Finance Act 1994 dealt with SCNs • In GST law following sections deal with SCN: a) Section 73: Determination for reason other than