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Section 7 of Integrated Goods and Services Tax Act 2017 – Interstate supply
Section 7 of Integrated Goods and Services Tax Act 2017 – Interstate supply (1) Subject to the provisions of section 10, the supply of goods, where the location of the supplier and the place of supply are in- (a) two different States; Example – Mr.
Document-wise Download Facility of Table-8A of GSTR-9
Document-wise Download Facility of Table-8A of GSTR-9 8 Other ITC related Information A ITC as per GSTR-2A (Table 3 & 5 thereof) <Auto <Auto <Auto <Auto While filing GSTR-9 of F.Y. 2017-18, one of the issues faced by the taxpayers was the non-availability of
Epiphany by the Madras High Court in TRAN-1 debate
Epiphany by the Madras High Court in TRAN-1 debate Compendium The issue regarding the availment of transitional credit from erstwhile law to GST has become the most contentious topic. The heated debate whether the time limit for availment of transitional credit is mandatory or directory
Download IGST Act with amendments till date
IGST – updated till date IGST Act with amendments: Updated till August 2020 Integrated goods & services tax aka IGST Act with amendments is provided here to download. IGST Act has very few provisions. Section 20 borrows most of the provisions from the CGST Act.
CBI arrested 4 GST officials for asking bribe
CBI arrested 4 GST officials for asking bribe. A complaint was made by a taxpayer. Allegedly they were asking bribe from the sanitizer manufacturers. Although he has deposited the difference of duty. Some days back it was clarified by the CBIC that the rate of
Situs of Goods or accretion of goods in works contract whether relevant to determine the nature of Supply in case of Works Contract
Situs of Goods or accretion of goods in works contract whether relevant to determine the nature of Supply in case of Works Contract Introduction Though GST is destination-based tax but In a works contract, it is important to determine the point of origin from where
GST on Stage and Contract Carriage
GST on Stage and Contract Carriage Exordium In GST law the taxation in the business of passenger transportation can be divided under following categories: a) Where entire vehicle is not used b) Where entire vehicle is used Where entire vehicle is used further divisions can
FAQs on E Invoice under GST
1. What is E invoicing? Rule 48(4) has been inserted vide N/N 68/2019- CT dt 13.12.2019 which amends the rules w.r.t E invoicing. ‘E-invoicing’ or ‘electronic invoicing’ is a system in which B2B invoices are authenticated electronically by GSTN for further use on the
Components of the definition of Plant and Machinery examined by AAR Madhya Pradesh
Components of the definition of Plant and Machinery examined by AAR Madhya Pradesh in Atriwal Amusement Park case on 09-06-2020 for allowability of ITC to an amusement park Section 17(5)(d) of CGST law restricts ITC on goods or services received for the construction of the
Notification No. 69/2019 – Central Tax
Notification No. 69/2019 – 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. 69/2019 – Central Tax New Delhi, the
Compliance A Ready Reckoner
Compliance A Ready Reckoner Comprehensive Charts for Indirect Tax and Direct Tax Compliances Indirect Tax (GST Compliance) GSTR-3B (As per Rule 61(5) of CGST Rules 2017) IF TURNOVER MORE THAN RS. 5 CRORE TAX PERIOD DUE DATE LATE FEES NO INTEREST* INTEREST RATE @ 9%
Notification No. 70/2019 – Central Tax
Notification No. 70/2019 – Central Tax [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection(i)] Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs Notification No. 70/2019 – Central Tax New Delhi, the