Sponsored
    Follow Us:

TDS, TCS & Transfer of ITC under GST- Section 51-53/CGST Act 2017

July 6, 2020 10587 Views 0 comment Print

Simplified GST Series Section 51-53/CGST ACT 2017 Section 51- Tax deduction at source- Notwithstanding anything to the contrary contained in this Act, the Government may mandate, –– (a) a department or establishment of the Central Government or State Government; or (b) local authority; or (c) Governmental agencies; or (d) such persons or category of persons […]

Interest on delayed payment of GST | Section 50 | CGST Act 2017

July 5, 2020 63348 Views 7 comments Print

Simplified GST series- Section 50/CGST Act 2017 Section 50- Interest on delayed payment of tax (GST) (1) Every person who is liable to pay tax in accordance with the provisions of this Act or the rules made there under, but fails to pay the tax or any part thereof to the Government within the period […]

Payment of GST, Interest, Penalty etc, ITC Utilisation & Order

July 4, 2020 40986 Views 4 comments Print

Simplified GST Series Section 49/49A/49B CGST ACT 2017 Article explains Section 49- Payment of Tax, Interest, Penalty and other Amounts, Section 49A-Utilisation of input tax credit subject to certain conditions and Section 49B- Order of utilisation of input tax credit. Section 49- Payment of Tax, Interest, Penalty and other Amounts (1) Every deposit made towards […]

Simplified GST Series- Section 41-48 CGST ACT 2017

July 2, 2020 21456 Views 0 comment Print

Article explains Section 41 to 48 of Central Goods & Services Tax Act, 2017 which deals with Claim of input tax credit and provisional acceptance thereof, Matching, reversal and reclaim of input tax credit, Matching, reversal and reclaim of reduction in output tax liability, Annual return, Final return, Notice to return defaulters, Levy of late […]

Furnishing details of outward/Inward supplies/GST returns/First Return | Section 37-40 | CGST Act 2017

July 1, 2020 33066 Views 1 comment Print

Simplified GST Series- Returns/Section 37-40/CGST ACT 2017- Article discusses Section 37- Furnishing details of outward supplies, Section 38-Furnishing details of inward supplies, Section 39- Furnishing of GST returns and Section 40-First GST Return of /CGST ACT 2017-. Section 37- Furnishing details of outward supplies (1) Every registered taxable person, other than an input service distributor, […]

Accounts & other records under GST & retention period | Section 35-36 | CGST Act 2017

June 30, 2020 10734 Views 0 comment Print

Simplified GST Series- Section 35-36 /CGST ACT 2017– Part 17 – Article explains Section 35- Accounts and other records and Section 36-Period of retention of accounts. Section 35- Accounts and other records- (1) Every registered person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true […]

GST Invoice, Debit /Credit Note | Section 31-34 | CGST Act 2017

June 29, 2020 21216 Views 3 comments Print

Simplified GST Series -Section 31-34/CGST ACT 2017/PART-16- Article covers Section 31- Tax Invoice under GST, Section 31 A- Facility of digital payment to recipient, Section 32- Prohibition of unauthorised collection of tax, Section 33- Amount of tax to be indicated in tax invoice and other documents  under GST and Section 34- Credit and debit notes […]

Section 26-30- Deemed GST Registration, Amendment, Cancellation, Revocation, Suspension

June 26, 2020 26838 Views 0 comment Print

Simplified GST Series-Part 15- Contains Analysis of Section 26 to 30 of Central Goods and Services Tax Act, 2017. Section details are as follows- Section 26 – Deemed Registration, Section 27- Special provisions relating to casual taxable person and non-resident taxable person, Section 28-Amendment of Registration, Section 29- Cancellation or Suspension of registration and Section […]

Compulsory GST Registration & Procedure | Section 24-25 | CGST Act 2017

June 25, 2020 4317 Views 0 comment Print

Article explains Section 24 and Section 25 of CGST ACT 2017 related to Compulsory GST registration in certain cases and Procedure for GST registration.

Person Liable & Not Liable for GST Registration | Section 22-23 | CGST Act 2017

June 24, 2020 30909 Views 0 comment Print

Article Simplifies Provisions of Section 22 and Section 23 of CGST Act 2017 which deals prescribes Persons liable for GST registration  and Persons not liable for registration. Section 22 – Persons liable for GST registration – (1) Every supplier shall be liable to be registered under this Act in the State or Union territory, other […]

Sponsored
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31