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Resolution to GST audit major issues based on ICAI’s Guide
Writeup from the technical guide of ICAI Based on major issues discussed in various groups, I have tried to compile this draft. Table Writeup as per technical guide of ICAI Table 9 The purpose of the Table 9 is a. to quantify the
Manpower service is not supply of farm labour hence taxable
Case covered: Mrs. Manju Devi, (M/s M.D. Enterprises) Facts of the case: The applicant is a sole proprietor of M/s M.D. Enterprises. The total turnover of the applicant for the financial year 2018-19 was INR 17.75 Lacs. The applicant is unregistered under the provisions of
OLE Application Error on GST portal: Resolution
OLE Application Error Download the Notepad Go to the utility folder right click on wsweb.html”—> click on “Edit with Notepad” Click after“”tag, give a space after “” tag and then press the backspace. Save the file using “ctrl+S” key and close the file. Now start
SEBI Report on Related Party Transaction Open For Public Comments
Background SEBI constituted a Working Group in November 2019 to review the policy space pertaining to related party transactions under the Chairmanship of Mr. Ramesh Srinivasan, Managing Director & CEO, Kotak Mahindra Capital Company Limited. The Working Group comprised of members from PMAC including persons
Forest produce is not agriculture produce
Case covered: M/s. Mallelli Venkateswara Rao Facts of the case: M/s Mallelli Venkateswara Rao, (hereinafter referred to as the Applicant) having its office at D.No.2-118, S.T. Colony, Chintur (Post & Mandal)’ East Godavari District is a registered firm, under GSTIN 37BCTPM9590D2ZU and engaged in the
Revised All Industry Rates of Duty Drawback
Revised All Industry Rates of Duty Drawback: Notification No. 07/2020-CUSTOMS (N.T.) prescribed the Revised All Industry Rates of Duty Drawback: This notification shall come into force on the 4th day of February, 2020. G.S.R. (E). – In exercise of the powers conferred by sub-section (2) of
Market Committee is not a governmental authority: Parking services taxable
Case covered: PUSHPA RANI PABBI Facts of the case: Pushpa Rani Pabbi(applicant) is a registered Proprietorship concern registered under the CGST Act,2017 and Punjab SGST Act, 2017 with GSTIN No. 03AGNPP9409PIZN. The applicant has been appointed as a contractor for providing parking lot services at
A.F.BABU versus UNION OF INDIA:assesee cannot be deprived of the substantive benefit under the GST Act merely on account of a technical procedure
Case covered: A.F.BABU versus UNION OF INDIA Facts of the case: On a consideration of the facts and circumstances of the case and the submissions made across the bar, I find that, while it is a fact that the petitioners did not make an attempt
Rule 36(4) of CGST Rules, 2017- Imposition of restriction on the availment of the Input Tax Credit- Practical Difficulties
Rule 36(4) of CGST Rules, 2017 Rule 36(4) of CGST Rules, 2017 is inserted to curb ITC. The scam of ITC by many suppliers was the main reason behind it. But there are many practical issues related to it’s implementation. Let us have a look
No GST on Notice pay: Madras High Court
Case covered: GE T & D India Limited(formerly Alstom T & D India Limited) The petitioner in all WPs Versus Deputy Commissioner of Central Excise Respondent in all WPs Facts of the case: Writ Petitions filed under Article 226 of the Constitution of India, to
CA Shafaly GirdharwalJan 28, 2020Step by Step process for filing GSTR 9C
Step 1 for filing GSTR 9C: Download Latest version 1.6 of the utility of GSTR 9C: First of all download the latest version of utility available on the portal. There were many versions of this tool. But they had many errors. Download the latest version
CA Shafaly GirdharwalJan 28, 2020Implementation of automated clearance on pilot basis
Circular No.05/2020-Customs F. No.450/26/2019-Cus IV Government of India Ministry of Finance Department of Revenue (Central Board of Indirect Taxes & Customs) Room No.229A, North Block, New Delhi. New Delhi, dated the 27th of January, 2020 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs