HC directed the petitioner to file the pending GST returns thereafter the GST registration cancelled, on account of non-filing of GST return for continuous period of 6 months, will be restored.
FORM GSTR-1 is a return form for regular taxpayers who have to file details of outward supplies (under Rule 59) on every 11th of next month for those who cross the turnover more than 1.5 crores annually. The taxpayers who are under the threshold limit to 1.5 crores will have to file quarterly return.
Understanding the mandatory requirement of claiming ITC as GSTR-2B from 01.01.2022. Get insights into the changes for suppliers and recipients under GST.
Understand the procedure for inspecting goods in transit under GST Law. Learn about the relevant sections and rules that govern the inspection process.
Rule 86B has been introduced which has imposed 99% restricted on ITC available in Electronic Credit Ledger of Registered Person. This means 1% of output liability to be paid in cash. This limitation is applicable where the value of taxable supply other than exempt supply and zero-rated supply, in a month exceeds Rs. Fifty Lakh Rupees. The intent of law is to curb fake invoicing by requiring him to pay tax in cash.
Understanding the bar to filing prosecution by ROC after the lapse of the period of limitation. Learn about the implications for non-compliance with adjudication orders under the Companies Act, 2013.
Discover the legal perspective on depositing funds in the Electronic Cash Ledger before the due date of GSTR 3B filing. The article explores the recent judgment by the Hon’ble High Court of Jharkhand in the case of M/s. RSB Transmissions (India) Limited vs. Union of India, addressing whether such deposits amount to the discharge of tax liability. Understand the implications, reasoning, and the court’s stance on interest levied for delayed filing of GSTR-3B in such situations. Stay informed and navigate the complexities of GST regulations.
Ensure your e-way bill is valid by furnishing information in PART-B of FORM GST EWB-01. Learn about the importance of compliance in e-way bill generation.
Understanding the applicability of E-way Bill for intra-state movement of goods. Learn about the rules and potential issues related to tax evasion and harassment.
Understanding the time limit for issuing demand orders under Section 73(10) of the CGST Act, 2017 for the financial year 2017-18.
