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 ComplianceAnalysis of provisions for refunds in GST
Refunds in GST – Refunds in GST – In this article, I have tried to cover the various provisions related to refund in GST. I have incorporated the provisions from CGST & IGST Act, Rules, and various notifications. All the provisions related to refunds in
CA Shafaly GirdharwalMaharashtra AAR in the case of DRS Marine Services Private Limited
Case Covered: DRS Marine Services Private Limited Facts of the Case: The present application has been filed under Section 97 of the Central Goods and Services Tax Act, 2017, and Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and the MGST
CBIC & CBDT Sign MoU to Facilitate Smoother Bilateral Exchange of Data
CBIC & CBDT Sign MoU to Facilitate Smoother Bilateral Exchange of Data A Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) today, for data exchange between the two
Instruction No. 14/2020- Customs
Instruction No. 14/2020- Customs To, All Principal Chief Commissioners/Chief Commissioners of Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of Customs & Central Tax Madam/Sir, Subject: Crowdsourcing of suggestions for review of existing Customs duty exemption notifications/ Customs laws and procedures- regarding Attention
ITC Utilization Sequence
Order of Utilization of ITC Input Tax Credit on account of Output liability on account of Integrated Tax Output liability on account of Central Tax Output liability on account of State Tax/ Union Territory Tax Integrated Tax (I) (II)- In any order and in
IT Department to Share Data with The Ministry of MSME
Notification No.48/2020 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 14th July 2020 S.O. 2345(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act,1961, the Central Government hereby specifies Additional
Eligibility of Input Tax Credit on Lifts/Elevators
Eligibility of Input Tax Credit on Lifts/Elevators This is to apprise you about the recent decision of Madhya Pradesh (‘MP’) Authority for Advance Ruling (‘AAR’) in the case of Jabalpur Hotels Private Limited (Order No. 10/2020). The AAR was dealing with the question on
Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal
Filing Form GSTR-4 Annual Return by Composition Taxpayers on GST Portal 1. What is Form GSTR-4 Annual Return: Ans. Form GSTR-4 (Annual Return) is a yearly return to be filed once, for each financial year, by taxpayers who have opted for composition scheme, for any
Note on Refund Under GST
Note on Refund Under GST List of Permissible/Allowable Refunds Refund of unutilized input tax credit (ITC) on account of exports without payment of tax; Refund of tax paid on export of services with payment of tax. Refund of unutilized ITC on account of supplies made to SEZ
Goa AAR in the case of Springfields (India) Distilleries
Case Covered: Springfields (India) Distilleries facts of the case: Springfields (India) Distilleries, have their registered office at H. No. 2, Raicho Ambo, Raia Salcete, and hold GSTIN 30AAOFS2556B1ZI. The applicant is a registered partnership firm manufacturing Hand Sanitizers vide License No. 999, issued by Directorate
Principle Governing Attachment of Property Under Section 83 CGST Act, 2017
Principle Governing Attachment of Property Under Section 83 CGST Act, 2017 Section 83 of Central Goods & Services Act, 2017 (hereinafter called CGST Act) says that Commissioner is of the opinion that any proceedings are pending under any of the following Sections of the CGST Act. a) Any proceedings under Section 62 covering
Madras HC in the case of M/s.P.R.Mani Electronics Versus Union of India
Case Covered: M/s.P.R.Mani Electronics Versus Union of India Facts of the case: The validity of Rule 117 of the Central Goods and Service Tax Rules, 2017 (the CGST Rules) is under challenge in this writ petition on the grounds that it is ultra vires Section