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.
GST ComplianceSection 54 of CGST Act: refund of GST (Updated till on July 2024)
Section 54 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 54 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
GST ComplianceSection 53 of CGST Act: transfer of ITC (updated till on July 2024)
Section 53 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 53 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
Amended Section 44 of CGST Act: Annual return in GST(Updated Till on July 2024)
Section 44 of the CGST Act as amended by the Finance Act 2023 Note: Section 44 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. TEXT on
Section 49A of CSGT Act: Utilisation of input tax credit subject to certain conditions (Updated till on July 2024)
Section 49A of CSGT Act: Utilisation of input tax credit subject to certain conditions Chart of the Section 49A : TEXT on the Section 49A of CGST Act : Notwithstanding anything contained in section 49, the input tax credit on account of central tax,
Section 57 of CGST Act: Consumer Welfare fund (updated till July 2024)
Section 57 of CGST Act as amended upto Oct 2023 Section 57 of CGST Act provide for the constitution of consumer welfare fund. Amount of refund will be transferred to this fund unless it is payable to the taxpayer.Thus refund will be paid to taxpayer
GST ComplianceSection 51 of CGST Act: TDS in GST(Updated till July 2024)
Section 51 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 47 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color.
Section 37 of CGST Act: outward supply details (updated till July 2024)
Section 37 of the CGST Act as amended by the Finance Act 2023 Note: Section 37 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Section 37
Section 58 of CGST Act: Utilization of funds (updated till July 2024)
Section 58 of CGST Act as utilization of funds upto oct 2023 Section 58 of CGST Act provide for the utilization of funds. Amount of refund in GST will be transferred to this fund unless the taxpayer is eligible to it. “(1) All sums credited
Section 67 of CGST Act: inspection,search,seizure (Updated till July 2024)
Section 67 of CGST Act Section 67 of CGST Act provide for the inspection,search and seizure in GST. “(1) Where the proper officer, not below the rank of Joint Commissioner, has reasons to believe that–– (a) a taxable person has suppressed any transaction relating to
GST ComplianceSection 50 of CGST Act: Interest on delayed payment of tax (updated Till on July 2024)
Section 50 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 50 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
GST ComplianceSection 41 of CGST Act:provisional Claim of ITC (Updated till July 2024 )
Section 41 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 41 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
Section 70 CGST Act: Power to summon(Updated till July 2024)
Section 70 CGST Act Section 70 CGST Act provide for the Power to summon persons to give evidence and produce documents. “(1) The proper officer under this Act shall have power to summon any person whose attendance he considers necessary either to give evidence or to