List of Items On Which ITC is Not Available
Section Interpretation 17(5)(a) Motor vehicles and other conveyance except(a) making the following taxable supplies namely:- i) further supply of vehicles…
GST
SECTION-7 MEANING AND SCOPE OF SUPPLY UNDER GST
SECTION-7 MEANING AND SCOPE OF SUPPLY UNDER GST As per Section 7 (1) of CGST Act 2017,“supply” includes– (a) all forms of…
Bye Bye to One Nation – One Tax: Kerala retaining old GST threshold limit – Now different states – Different Limit
Bye Bye to One Nation – One Tax: Kerala retaining old GST threshold limit – Now different states – Different…
Works contract service to State power distribution company for its commercial use attract 18% GST: AAR-Chhatisgar
Works contract service to State power distribution company for its commercial use attract 18% GST: AAR-Chhatisgar AAR in the case…
Filing of Form GSTR-4 -Inward details in Table 4A is mandatory or not?
Filing of Form GSTR-4 -Inward details in Table 4A is mandatory or not? There are lot many dealer who are…
GST & Taxation on advance payment received
GST & Taxation on advance payment received There is a mis-conception amongst the businssmen and industry that the GST…
Whether all Transporter of Goods are Goods Transport Agency and liable to reverse charge mechanism (RCM)?
Whether all Transporter of Goods are Goods Transport Agency andliable to reverse charge mechanism (RCM)? There is some fluster…
TAXABILITY ON DEVELOPMENT RIGHTS UNDER GST
TAXABILITY ON DEVELOPMENT RIGHTS UNDER GST One of the several issues that has been consider and studies in the…
Exempt supplies under GST by ICAI
Exempt supplies under GST by ICAI Exempt supplies under GST by ICAI
Some Pratical issues of ITC other than Block credit:
Some Pratical issues of ITC other than Block credit: According to section 17(5) of CGST Act following are the list…
GST evasion worth 39,000 crores is detected so far !!
GST evasion worth 39,000 crores is detected by the government in 6,585 cases in April to October period. To…
Clarification on few important issues in GST
Clarification on few important issues in GST 1. Whether the supply of used vehicles, seized and confiscated goods,…
GST Liability On Liquidated Damages Paid As Per Term Of Contract
GST Liability On Liquidated Damages Paid As Per Term Of Contract Clause 5(e) Of Schedule-II Says “ agreeing to…
Bihar GST : E- wayBill amount limit have been reduced to Rs.1 Lakh
Bihar GST : E- wayEX Gaz 50ill amount limit have been reduced to Rs.1 Lakh
BASICS OF GST AUDIT
BASICS OF GST AUDIT: Every business entity having a turnover exceeding Rs. 20,00,000 (The threshold limit increases to 40 lakh …
If GST is paid full – no attachment of bank accounts and Seizing of goods:
In recent judgment, High court has given the judgement that if the dealer has paid whole amount of tax then…
Provisional Assessment in GST
Introduction A supplier will come to know the extent of his tax liability which has to be discharged on a…
