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GST ComplianceGST E-Waybill & Vehicle Detention: Issues & Disciplines
It is witnessed that there is a surge in Vehicle detention cases under GST in the past few months. The Finance Act 2021 also amended Section 122 and Section 129 by which it is understood that movement of goods under GST would become all
GST ComplianceHSN Reporting Changes
I have in this article attempted to explain the changes in HSN Reporting from May 2021 in GSTR 1, as I feel that many members may have questions in respect of the same. This is an effort to address and provide answers to select
Income Tax ComplianceImportant Issues in TDS Provisions under Income Tax Act
Section 192 of The Income Tax Act, 1961 Tax is required to be deducted by any person responsible for paying any income chargeable under the head “SALARIES” Tax to be deducted at the time of payment TDS @ average rate of income-tax on Estimated income
Income Tax Compliance298th Issue of “Tax Connect”
Tax Calendar Due date LATE FEE WAIVED TILL Form/Return/Challan Reporting Period Description 20th May 2021 04th June 2021 GSTR-3B April 2021 Due Date for furnishing Summary of Outward & Inward Supplies for taxpayers whose aggregate turnover is more than Rs. 5 Crores 20th May 2021
GST LitigationSupreme Court in the case of State of Madras V/s. S. G. Jayaraj Nadar & Sons
Case Covered: State of Madras Versus S. G. Jayaraj Nadar & Sons Headnote: The assessee was a dealer in motor vehicles and spare parts and certain other goods. During the assessment proceedings under the Madras General Sales Tax Act, 1959 it was found inter alia
ROC FilingsList of forms providing waiver of additional fee as per Circular no. 06/2021 and 07/2021
S.No. Form Id Form description 1 Form CHG-1 Application for registration of creation, modification of charge (other than those related to debentures) 2 Form CHG-9 Application for registration of creation or modification of charge for debentures or rectification of particulars filed in respect of
GST LitigationCGST Commissioner Order in the case of M/s Indian Oil Corporation Limited.
1. This copy is granted free of charge for the private use of the person (s) to whom it is sent. 2. Any person aggrieved with this Order may appeal against this Order to the Customs, Excise and Service Tax Appellate Tribunal, 14-3d Floor,
GST ComplianceApplication filed by Shri Ram Avatar Bajaj under RTI Act, 2005
F. No. 267 / RTI Matter / Ram Avtar / GSTC / 2021 Office of the Goods & Services Tax Council Tower-II, 5th Floor, Jeevan Bharti Building, Connaught Place, New Delhi-110001 Dated 13-05-2021 To Shri Ram Avatar Bajaj, Narayan Prasad Bajaj, Nr Gattani School, Jorawarpura,
GST ComplianceGST Insights – Relief Measures- COVID-19 2.0
In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued various notifications dated 01st May 2021 for providing various relief measures in terms of
GST ComplianceINPUT TAX CREDIT: Mismatch in GSTR-3B Vs. GSTR-2A/2B: Rule 36(4)
Whether ITC can be denied merely on the ground of mismatch between ITC claimed in GSTR-3B and reflected in GSTR-2A/2B? 1. From last one year, discrepancy notices in GST ASMT-10 have been issued by the GST department of almost all States. The said Notice
GST ComplianceCan the department resort to the recovery action without assessment of the liability?
As discussed in this column earlier, the department cannot recover any amount of tax or interest or penalty or any other amount without first issuing a show-cause notice to the person concerned as mandated in law. The applicability of this established principle of law is
GST Compliance“Supplier sins & Recipient repents…! – Part-II
Ngakyaw ate it, but it was Ngakyi who had to pay.” [From “Hill Proverbs of the Inhabitants of the Chitagong Hill Tracks’ by Capt. Thomas Herbert Lewin] Before we discuss the provisions of S.16(2)(c) and (aa) of the CGST Act, 2017 and their implications