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Cs Shambhu Nath Dhuria

Latest Posts by Cs Shambhu Nath Dhuria

GST on Supply to State/Central Examination Boards

May 15, 2020 1992 Views 1 comment Print

Taxability of Goods and Services Purchased by State/Central Examination Boards Under CGST/SGST Act, 2017 Query:- Whether State/Central Examination Boards are liable to pay GST on purchase of various goods and services from different vendors and if yes, whether Input Tax Credit shall be available? Analysis & Advise To answer this query we need to know […]

Place of Supply of Goods & Services under GST

May 15, 2020 78048 Views 2 comments Print

In GST it is very important to identify place of supply of goods and services so that appropriate type of GST (IGST/CGST/SGST) can be imposed. There may be various kinds of place of supply of goods and services i.e. Intrastate Supply, Interstate supply, Export and Import etc.

GST PMT-9 Transfer of amount in Electronic Cash Ledger

May 15, 2020 9129 Views 0 comment Print

INTRODUCTION From the beginning of GST Act, 2017 tax payers are facing one of the major problems while generating online challan for deposit of GST amount. The problem is writing the GST amount in wrong major head or minor head. For example a tax payer needs to deposit Rs. 2 lakh for IGST-Tax and Rs.250.00 […]

TDS on Salary for FY: 2020-21 & Format to Opt Tax Regime

April 25, 2020 160245 Views 3 comments Print

Finance Act, 2020 has introduced optional based filing for individual and HUF whereby these type of assesses have to choose option amongst new and old tax slab rates at the time of filing of ITR. This type of filing is unique in case of Indian Taxation System till date. This type of filing has created […]

Restriction on Mismatch ITC In GST

October 12, 2019 17700 Views 8 comments Print

Central Board of Indirect Taxes and Customs (CBIC) which is the apex body for the management of indirect taxation in India has brought certain changes in GST rules vide Notification No. 49/2019 – Central Tax dated 09th October 2019. Among others, it has amended the rule no.36 of CGST Rule, 2017 by inserting new sub […]

Intimation For Voluntary Payment Under GST (DRC-03)

September 24, 2019 211062 Views 0 comment Print

Intimation for voluntary Payment of Tax, Interest and Penalty (Form No. DRC-3) DRC-3 is an online form which is required to file by taxpayers to intimate payment of Tax, interest and penalty voluntary. Mistake is common and natural for all who execute work and takes decisions. Under GST law statue has provided to disclose mistake […]

Input Tax Credit (ITC) under GST Law

September 23, 2019 14841 Views 2 comments Print

A. Background of ITC. Input Tax Credit (ITC) or Purchase Tax is one of the most important aspects in any value added tax structure. This ensures that tax is paid on value addition only, at each stage from production to final consumer. Following are the two major advantages of ITC:- 1. Less tax burden on […]

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