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Important Compliance due in SEP 2020 under GST I. tax, C. Act ESI PF Acts
Due Date For Compliance Under GST GST Annual Return 30-09-2020- GSTR 9 – The Most Comprehensive Annual Return / Statement for FY 18-19 by ALL registered persons having an aggregate turnover of more than Rs. 2 Crores or opted to file Annual Return 30-09-2020- GSTR-9C
System Computed values of GSTR-1 Statement (Monthly Filers), made available in Form GSTR-3B, as PDF statement on GST Portal
System Computed values of GSTR-1 Statement (Monthly Filers), made available in Form GSTR-3B, as PDF statement on GST Portal A pdf statement has been made available to taxpayers, filing monthly GSTR-1 statement, with system computed values of Table 3 of Form GSTR-3B. This PDF will
Whether refund claim is vested right or statutory right?
Whether refund claim is vested right or statutory right? The issue was considered by Delhi Cestat in BHEL Ltd while deciding upon the refund of education, SHE, Krishi Kalyan Cess. The appellant could not utilize these cess in the pre-GST regime because of exempt supply
GST Glossary: Meaning of Services in GST
What is the meaning of services in GST? Section 2 (102) of the CGST Act defines the services in GST “Services” means anything other than goods, money and securities but includes activities relating to the use of money or its conversion by cash or by
CA Shafaly GirdharwalITC-04 Online Filing Procedure
ITC-04 Online Filing Procedure Know All About Form ITC-04 Under GST Compliance Introduction Section 19 of the CGST Act, 2017 defines provisions in respect of ITC for inputs and capital goods sent for Job Work. The Principal or the registered person can claim ITC on
GST Provisions need relaxation in COVID time
Provisions need relaxation in COVID time Many provisions of GST are made to handle the fraudsters. They are strict and restrictive. Many of them enable the department with extreme power. These provisions need relaxation in COVID time. Relaxation in these provisions is required. At least
CA Shafaly GirdharwalA Critical Analysis of Unjustified Provisions of ITC Under GST Law
A Critical Analysis of Unjustified Provisions of ITC Under GST Law VAT v/s GST Maharashtra VAT Act Section 48(1): The State Government may, by rules, provide that —– a set-off or refund of the whole or any part of the tax paid on purchases —–,
Format of “Form”- REG 07
Introduction REG 07 is the form for TDS & TCS deductors. TDS requirement is on government departments whereas TCS is deducted by E-commerce operators. They need to deposit it into the account of government and issue a certificate of tax deduction/collection. The normal rate of
Format of “Form”- REG 06
Introduction Turnover is the basic criteria for registration requirement in GST. The general threshold is Rs. 20 lac. In case of sales of goods it is Rs 40 lac. But the limit of Rs. 40 lac is only for specified states. Otherwise the threshold is
GST Complianceformat of GST Appeal Final Commissioner (Appeal)
Format of GST Appeal to Final Commissioner (Appeal) Format of GST Appeal- Form GST APL – 01 [See Rule 108(1)] Appeal to Appellate Authority 1. GSTIN/TEMPORARY ID/UIN XXXXX 2. The legal name of the appellant XXXXX 3. TRADE NAME, IF ANY XXXXX 4. Address XXXXX
Minutes of 35th GST Council Meeting held on 21st June, 2019
Minutes of 35th GST Council Meeting held on 21st June 2019 The 35th Meeting of the GST Council (hereinafter referred to as ‘the Council’) was held on 21st June 2019 under the Chairpersonship of the Hon’ble Union Finance Minister, Ms Nirmala Sitharaman (hereinafter referred to
GST registration : liability, exemption and process
Basic provisions related to GST Registration GST registration can be taken in two scenarios. The first is mandatory and the second is voluntary. When a person is liable to take registration in GST? Mandatory registration in GST: In the following scenarios taking registration is mandatory
CA Shafaly Girdharwal