Goods and Services Tax

Analysis of GST Notifications dated 30th September, 2020

(1) Extension of Due Date to File GST Annual Return (GSTR 9) & GST Audit (GSTR 9C) (NN 69/2020 – CT dated 30th September, 2020) In order to provide relief to businesses grappling with the economic impact of COVID 19, the government on Wednesday i.e. 30th September, 2020 has extended the due date to file […]...

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GST Updates & Deadlines for the Month of October 2020

1.GST DEADLINES 1.1. GSTR2A reconciliation from Feb to Sep 20 in GSTR3B of Sep 20 (Notification No.- 30/2020 –CT; Dated: 3 April 2020) Rule 36(4) of CGST Rules 2017 has restricted Input Tax Credit to the maximum of 110% of ITC available in GSTR 2A. However, the said condition for the period Feb 20 to […]...

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Tax Compliance Calendar for October 2020

Article compliance dye date under Income Tax Law, GST Law and Labour Laws which falls between 01st October 2020 to 31st October 2020. Same includes due date for filing of Form GSTR-3B, GSTR-7, GSTR-8, GSTR-1, GSTR-6, GST CMP 08, GSTR-5, GSTR-5A (OIDAR Service Provider), GSTR 9, GSTR 9C, GSTR-4 and due of Furnishing Tax Audit […]...

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GST Annual Return due date extension & E-Invoice Compliance relaxation

Extension of date for furnishing Annual Return and One time relaxation of E-Invoice Compliance vide Notification No. 69/2020 – Central Tax to 72/2020 – Central Tax dated 30-09-2020 and Exemption Notification No. 04/2020-Integrated Tax – Rate etc. Sl. No Notification No Date Summary of Notification 1 69/2020 – Central Tax 30-09...

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GST Case Law Updates – September 2020

1. Is the recipient eligible to claim a refund? Whether the refund of the unutilized ITC in the e-credit ledger be claimed? In the case of M/s Britannia Industries Limited Vs Union of India (Gujarat High Court) the assessee is an SEZ unit being an exporter has procured the goods and services with payment of […]...

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CGST Act 2017 Updated till 30th September 2020

THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 (12 OF 2017) AS AMENDED BY THE :- -THE CENTRAL GOODS AND SERVICES TAX (EXTENSION TO JAMMU AND KASHMIR) ACT, 2017 (NO. 26 OF 2017); -THE FINANCE ACT, 2018 (NO. 13 OF 2018); -THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018 (NO. 31 OF 2018); -THE […]...

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Join GST & Income Tax Course at Upto 50% Discount

Join Online Self-Learning GST and Income Tax Course at up to 50% discount. Through the self-learning courses, we hope to give you a space that will provide a sense of normalcy to your day. Transform by empowering yourself with latest Self-learning Certification Course on GST and Income Tax. We will follow a blended learning approach for...

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Extend due date for filing GSTR 9, 9A & 9C for year 2018-19

Tax Bar Association, Guwahati has made a request to Hon’ble Union Finance Minister for extension of due date for filing of GST Annual Return Forms GSTR 9, 9A & 9C for  the year 2018-19. Full Text of the Representation is as follows:- Dated: September 27, 2020 To Hon’ble Finance Minister Govt. of India New Delhi […]...

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Digital GST Ready Reckoner (Book) by Taxguru Edu

We are happy to announce the launch of our Digital GST Ready Reckoner-2020. With this transformation we strive towards bringing flexibility in reading and understanding the law. This Digital GST Ready Reckoner is beyond just a PDF version to our paper book. It has some distinct benefits and offers versatility in comparison to the printe...

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Extend due date for filing GSTR9 & GSTR9C for FY 2018-19

Representation seeking extension of due date for furnishing GSTR9 and GSTR9C for FY 2018-19 by KSCAA. It is requested to extend the due date for filing Annual Return GSTR9 and Reconciliation Statement GSTR9C for FY 2018-19 by at least 3 more months i.e. until 31st December, 2020 KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Since ...

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Taking of services of operating cranes not amounts to transfer of right to use

Sanghavi Movers Ltd. Vs. State of Maharashtra (MSTT) - Sanghavi Movers Ltd. Vs. State of Maharashtra (Maharashtra Sales Tax Tribunal, Pune) Maharashtra Sales Tax Tribunal held that taking services of operating cranes from appellant to carry out work does not amount to ‘transfer of right to use’ the cranes. it held as follows:- i. VAT and CST...

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E-way bill did not mention correct details- Decide case on Merits: HC

M/s. Jaitron Communication Pvt. Ltd. Vs State Of U. P. (Allahabad High Court) - Jaitron Communication Pvt. Ltd. Vs State Of U. P.  (Allahabad High Court) Admittedly, in the facts of the present case the petitioner did accept that the e-way bill with the vehicle did not contain correct description with regard to movement of goods. Another e-way bill (though not available with t...

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GST evasion accused released by HC on furnishing Personal Bond of Rs.10 Lakhs

Kishore Wadhwani Vs. State of M.P. (Madhya Pradesh High Court) - Kishore Wadhwani Vs. State of M.P. (Madhya Pradesh High Court) The petitioner filed the petition seeking released from the court against the allegations under section 439 of the Cr.P.C. in crime no.23/2020 registered under section 132(1)(a) (i) of the Goods and Services Tax Act. The petitioner, is D...

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Release Conveyance on Depositing Fine under GST Law: HC

Anil Bapulal Patil Vs. State of Gujarat (Gujarat High Court) - Gujarat High Court allows release of the conveyance confiscated by the GST department under section 130 of the CGST Act upon depositing a sum of Rs.60,795/- by way of fine....

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No penalty for delayed GST Appeal Filing due to Lack of Clarity in Law

Gujarat State Petronet Limited Vs Union of India (Gujarat High Court) - The impugned order rejecting such appeal on the ground of limitation is not sustainable as the petitioner cannot be penalised for lack of clarity of the provision when the new law is enacted....

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CBIC extends exemption on 2 type of transportation Services

Notification No. 04/2020 - Central Tax (Rate) - (30/09/2020) - CBIC extends exemptions on supply Services by way of transportation of goods by an aircraft from customs station of clearance in India to a place outside India and Services by way of transportation of goods by a vessel from customs station of clearance in India to a place outside India under CGST Ac...

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Relaxation in E-Invoice Provisions Implementation for Oct 2020

NA - (30/09/2020) - The Government had in December 2019 prescribed that the GST Taxpayers having aggregate annual turnover more than Rs. 100 crores in any preceding Financial Year will be required to issue e-invoice for all the Business to Business (B2B) supplies, in the manner prescribed under rule 48(4) of the CGST R...

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GST E-Invoice- CBDT amends rules related to IRN & QR Code

Notification 72/2020-Central Tax/G.S.R. 603(E) - (30/09/2020) - Quick Reference code, having embedded Invoice Reference Number (IRN) in it, in case invoice has been issued in the manner prescribed under sub-rule (4) of rule 48....

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Dynamic QR Code on B2C invoices requirement deferred to 01.12.2020

Notification 71/2020-Central Tax/G.S.R. 602(E) - (30/09/2020) - Implementation of requirement of Dynamic QR Code on B2C invoices deferred to 1st December 2020. Notification 71/2020-Central Tax dated 30.09.2020 issued. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 71/2020–Central Tax New Delhi, the 30...

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CBIC extends UTT exemption on 2 type of transportation Services

Notification No. 04/2020-Union Territory Tax (Rate) - (30/09/2020) - Notification No. 04/2020 – Union Territory Tax (Rate)– dated 30th September, 2020- CBIC extends exemptions on supply Services by way of transportation of goods by an aircraft from customs station of clearance in India to a place outside India and Services by way of transportation of good...

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Recent Posts in "Goods and Services Tax"

Analysis of GST Notifications dated 30th September, 2020

(1) Extension of Due Date to File GST Annual Return (GSTR 9) & GST Audit (GSTR 9C) (NN 69/2020 – CT dated 30th September, 2020) In order to provide relief to businesses grappling with the economic impact of COVID 19, the government on Wednesday i.e. 30th September, 2020 has extended the due date to file […]...

Read More

Taking of services of operating cranes not amounts to transfer of right to use

Sanghavi Movers Ltd. Vs. State of Maharashtra (MSTT)

Sanghavi Movers Ltd. Vs. State of Maharashtra (Maharashtra Sales Tax Tribunal, Pune) Maharashtra Sales Tax Tribunal held that taking services of operating cranes from appellant to carry out work does not amount to ‘transfer of right to use’ the cranes. it held as follows:- i. VAT and CST levied by treating the transactions as ...

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E-way bill did not mention correct details- Decide case on Merits: HC

M/s. Jaitron Communication Pvt. Ltd. Vs State Of U. P. (Allahabad High Court)

Jaitron Communication Pvt. Ltd. Vs State Of U. P.  (Allahabad High Court) Admittedly, in the facts of the present case the petitioner did accept that the e-way bill with the vehicle did not contain correct description with regard to movement of goods. Another e-way bill (though not available with the vehicle, at the time of […]...

Read More

GST Updates & Deadlines for the Month of October 2020

1.GST DEADLINES 1.1. GSTR2A reconciliation from Feb to Sep 20 in GSTR3B of Sep 20 (Notification No.- 30/2020 –CT; Dated: 3 April 2020) Rule 36(4) of CGST Rules 2017 has restricted Input Tax Credit to the maximum of 110% of ITC available in GSTR 2A. However, the said condition for the period Feb 20 to […]...

Read More

Tax Compliance Calendar for October 2020

Article compliance dye date under Income Tax Law, GST Law and Labour Laws which falls between 01st October 2020 to 31st October 2020. Same includes due date for filing of Form GSTR-3B, GSTR-7, GSTR-8, GSTR-1, GSTR-6, GST CMP 08, GSTR-5, GSTR-5A (OIDAR Service Provider), GSTR 9, GSTR 9C, GSTR-4 and due of Furnishing Tax Audit […]...

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GST Annual Return due date extension & E-Invoice Compliance relaxation

Extension of date for furnishing Annual Return and One time relaxation of E-Invoice Compliance vide Notification No. 69/2020 – Central Tax to 72/2020 – Central Tax dated 30-09-2020 and Exemption Notification No. 04/2020-Integrated Tax – Rate etc. Sl. No Notification No Date Summary of Notification 1 69/2020 – Central Tax 30-09...

Read More

CGST Act 2017 Updated till 30th September 2020

THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 (12 OF 2017) AS AMENDED BY THE :- -THE CENTRAL GOODS AND SERVICES TAX (EXTENSION TO JAMMU AND KASHMIR) ACT, 2017 (NO. 26 OF 2017); -THE FINANCE ACT, 2018 (NO. 13 OF 2018); -THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018 (NO. 31 OF 2018); -THE […]...

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GST evasion accused released by HC on furnishing Personal Bond of Rs.10 Lakhs

Kishore Wadhwani Vs. State of M.P. (Madhya Pradesh High Court)

Kishore Wadhwani Vs. State of M.P. (Madhya Pradesh High Court) The petitioner filed the petition seeking released from the court against the allegations under section 439 of the Cr.P.C. in crime no.23/2020 registered under section 132(1)(a) (i) of the Goods and Services Tax Act. The petitioner, is Director of a Media Company, which publis...

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CBIC extends exemption on 2 type of transportation Services

Notification No. 04/2020 - Central Tax (Rate) (30/09/2020)

CBIC extends exemptions on supply Services by way of transportation of goods by an aircraft from customs station of clearance in India to a place outside India and Services by way of transportation of goods by a vessel from customs station of clearance in India to a place outside India under CGST Act till 30th […]...

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Relaxation in E-Invoice Provisions Implementation for Oct 2020

NA (30/09/2020)

The Government had in December 2019 prescribed that the GST Taxpayers having aggregate annual turnover more than Rs. 100 crores in any preceding Financial Year will be required to issue e-invoice for all the Business to Business (B2B) supplies, in the manner prescribed under rule 48(4) of the CGST Rules, 2017 w.e.f. 1st April 2020....

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Goods and Services Tax India

The Goods and Services Tax or better known as GST is a Value added Tax and is a comprehensive indirect tax which is levied on the manufacture, consumption, and sale of goods and services. The Goods and Services Tax in India would replace all the indirect taxes which are levied today on goods and services by the Central and the State governments. GST is intended to be comprehensive for most of the goods and services. Goods and Services Tax is a single indirect tax for the entire nation, which would make India a unified market. It is proposed to be a single tax on supply of goods and services, from a manufacturer to the end consumer. The credit of all the input taxes which are paid at each and every stage would be allowed in the following stages of value addition that makes GST basically a tax on value addition only at every stage. The end consumer would have to bear only the Goods and Service Tax which is charged by the final dealer within the supply chain, together with all the set-off benefits availed at previous stages. At Taxguru, we provide all the latest GST news to our viewers. Our group of expert keep a close check on all the latest developments and provide a comprehensive analysis on GST updates. We keep updating our portal with articles on GST for the enlightening our readers. Bookmark us for all the GST articles and much more on GST.

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