A REVIEW ON CURRENT GST PROVISIONS AS AT 24TH FEBRUARY 2019 (Recent Status/Amendments on Returns, Dates, Rules, Forms, Order, Circular etc.) Volume 1 – GST Act, Rules – dt.24-02-2019 Dear readers, every day you may come across with various amendments, directives issued by Govt. on alone GST Act, Rule etc since it’s implementation w.e.f. 1/7/2017. […]
You all are aware w.e.f. 1/10/2018 Govt has announced implementation of most awaited section 51 of GST Act, 2017 related to TDS under GST and it’s provisions, rules etc. A Quick View of Provisions of TDS under GST regime is as under: WHAT NOTIFICATION SAYS: (Notification No. 50/2018 – Central Tax, New Delhi, the 13th […]
Government has clarified procedure and introduced Forms through above circular for ON ROAD CHECKING OF GOODS moved within or interstate with a value more than Rs.50,000/- (which is also subject to checking). I have tried to simplify the procedure given in said circular at each stage:
Time to time so many Notifications, Orders, Circulars, amendments in Rule/Rates etc have taken place with the passage of time since 1st July 2017 till date. Books on subject have their own reservations that after publishing book, immediate changes taken place which in turn redundant the books, therefore from time to time I compile the latest status of GST – which is Topic Wise for your help is as under
THERE IS CONFUSION EFFECTIVE DATE OF NOTIFICATION No.38/2017 DT.13/10/2017. ALTHOUGH CLEARED BY TWEET OF GSTN – FURTHER CLARIFICATION
CLARIFICATION REGARDING FILING OF TRANS 01-Keeping in consideration many Notifications/Rules/Orders have been given/published by Govt TILL 29/09/2017 After going through Notification No.36/2017 dt 29/09/2017 Govt has rectified or become more kind therefore shortcomings of Notification No.34 dt.15/09/2017 & Order No.2/2017 dt.18/09/2017 Plus Order No.3/2017 dt.21/09/2017, following was the situation: Through Notification No.34 CGST Rules amended […]
It is to be noted date for REVISION OF TRANS 1 which has been filed timely has been extended not the time of ORIGINAL DATE FOR FILING TRANS 1 extended.
Many GSTR3B came to my notice which has been filled by my professional colleagues (including advocates) or by in house team of client. A common mistake I found in many returns that was Block No.5 was left un-filled i.e. -From a supplier under composition scheme, Exempt and Nil rated supply.
There are several confusions in mind of registered suppliers/recipient regarding registered/unregistered suppliers of Transport Services regarding rate of GST/RCM etc on Transportation of Goods when different rate items supplied in single Invoice. I have tried to sum up all concerning provisions at one place to explain provisions so during teething trouble we should have some relax of looking provisions described at different places in Act/Rules/Notifications:
In GST works contract has been shrinked to Only on immovable properties and covered as supply of services. Now for construction services rates are important to understand.
