"Senior Partner of the Chartered Accountant Firm Raginee Goyal & Associates having office at Guwahati and Sibsagar. Chairperson of Guwahati Branch of Institute of Chartered Accountants of India. Faculty/ Trainer of GST at ICAI and speaker at various seminars and programs for professionals."
This explains how statements recorded during GST investigations gain evidentiary value under Section 136. The key takeaway is that such statements are admissible only in prosecution cases and only under strict statutory conditions.
GST Rates on various Composite or works contract services to various recipients has been one mind boggling affair for all taxpayers due to multiple amendments from time to time. Some of these amendments are so fine that they are hardly visible and come to notice only when a proper verification or assessment is taken up […]
Input Tax credit is the heart and soul of GST, the reason for the existence of GST. Determining the admissibility of Input Tax Credit under GST has been a toiling task since beginning and is becoming more and more difficult due to the complexities and genuine bottlenecks/ gaps in the provisions and prescriptions under the […]
We all have become familiar and almost adapted by now to receive letters from the GST Department informing about mismatch in returns and statements. Such letters often advise/ direct/ instruct for payment of differential tax amount/ reversal of excess Input tax credit with applicable interest and penalty, if any mismatch is seen in the data […]
The process of preparing and filing of annual return in GSTR 9 for FY 2018-19 under GST has already started, however, some basic doubts regarding the correct way to reconcile and report the Input Tax Credit (ITC) under various tables pertaining to the FY 2018-19 are yet be cleared by the creators and owners of […]
The process of preparing and filing of annual return in GSTR 9 for FY 2018-19 under GST has started and there have been a number of doubts arising as to how to reconcile the Input Tax Credit (ITC) under various tables pertaining to the FY 2018-19, because the GSTR 3B filed for 2018-19 contains rectifications […]
The process of preparing and filing of annual return in GSTR 9 for FY 2018-19 under GST has started and there have been a number of doubts arising as to how to reconcile the output tax liability under various tables pertaining to the FY 2018-19, because the GSTR 3B filed for 2018-19 contains rectifications for […]
