व्यापारियों को अब महंगी पड़ेगी GST रिटर्न्स में देरी करना । लगातार 2 रिटर्न्स नही फ़ाइल करने पर Eway bill नही बना पाएंगे । 13 जून से होगा नियम लागू ।
Interesting Judgement : Powers of assessing authority to entertain a claim for deduction, otherwise than by a revised return, does not intrude on the powers of appellate authorities.
Another Landmark Judgement : Exemption u/s 54 is admissible towards plot which is purchased even prior to one year of LTCG – CA Naresh Jakhotia
Valuation of Supply and goods/services provided by Recipient to the Supplier Free of Cost – Drafting is very important.
Money Laundering Act to curb GST Frauds In 2018-19, fake invoices of 24,000 cr detected. Actual amount may be much higher
CBIC Offers “One-time Opportunity” to Apply for Revocation of Cancellation of GST Registration by July 22, 2019