Goods and Services Tax India: Read all latest GST news, articles, notification, circulars, case laws news on, MVAT DVAT PVAT GST GSTN IGST CGST GST Council GST Rates SGST GST Forms GST Rules.
Goods and Services Tax : Overview of GST e-invoicing rules, applicability thresholds, and time limits. Essential for businesses based on turnover and docum...
Goods and Services Tax : Registered persons can now self-invoice unpaid RCM GST from 2017-2024 and claim Input Tax Credit in November 2024, following recen...
Goods and Services Tax : Stay on top of GST compliance in April 2024 with our comprehensive calendar. Get essential information on filing frequencies, due ...
Goods and Services Tax : Stay updated with Tax Compliance Tracker for Income Tax and GST. This tracker provides due dates for various tax-related filings a...
Goods and Services Tax : Starting November 1, 2024, self-invoicing is mandatory for RCM transactions. Delays in issuance may lead to loss of ITC and penalt...
Goods and Services Tax : Mumbai court sentences former CGST Superintendent and his wife to 2-4 years in prison for possessing disproportionate assets. Tota...
Goods and Services Tax : AGFTC and ITBA urge the issuance of standardized guidelines for GST adjudication to enhance clarity, reduce litigation, and ensure...
Goods and Services Tax : The Second National Conference of GST Enforcement Chiefs focused on addressing fake registrations and enhancing compliance through...
Goods and Services Tax : CGST Thane invites EOIs for empanelment of Chartered and Cost Accountants for GST special audits. Submit by October 27, 2024....
Goods and Services Tax : Biometric-based Aadhaar authentication and document verification for GST registration in Kerala, Nagaland, and Telangana began on ...
Goods and Services Tax : Karnataka High Court quashed a show cause notice against Huida Sanitaryware, ruling dual proceedings under GST for the same issue ...
Goods and Services Tax : Allahabad HC ruled that non-submission of a show-cause notice reply is not valid grounds for GST registration cancellation, citing...
Goods and Services Tax : Madras High Court quashes the tax assessment order against Kandasamy Sivaprakash, citing lack of personal hearing and violations o...
Goods and Services Tax : Delhi High Court rules temporary business suspension due to health does not justify GST registration cancellation for M/s Maha Kub...
Goods and Services Tax : Rajasthan HC restrains coercive steps on GST registration during ITC blocking case. Court finds procedural concerns under CGST Rul...
Goods and Services Tax : October 2024 GST revenue report shows 8.9% growth in gross collections, led by increased domestic revenue. View detailed gross and...
Goods and Services Tax : New Aadhaar authentication process for GST registration in Ladakh. Book appointments for biometric verification and document verif...
Goods and Services Tax : TNGST Act Notification No. 3/2024 sets turnover limits for Deputy State Tax Officers, effective November 1, 2024, for assessment a...
Goods and Services Tax : CBIC initiates a program to enhance behavioral skills and sensitivity among 35,000 officers nationwide, alongside efforts in anti-...
Goods and Services Tax : From 2025, GST returns cannot be filed after three years from the due date. Taxpayers are advised to reconcile records and file pe...
FAQs on View and Download Accounting and Billing Software Q. 1. What is Accounting and Billing Software on the GST Portal? Ans. Accounting and Billing Software download functionality is made available for the Micro, Small and Medium Enterprises (MSMEs) having turnover less than Rs. 1.5 crores. This software allows a taxpayer to run his daily […]
Ashok Kumar Bhatia Vs State of U.P. (Allahabad High Court) Section 129 relates to ‘any person’ who transports any goods or stores any goods while they are “in transit” in contravention of the provisions of this Act or Rules made thereunder, all such goods and conveyance used as a means of transport for carrying the […]
The registration for the exam can be done by the eligible GSTPs on a registration portal, link of which will be provided on NACIN and CBIC websites. The registration portal for exam scheduled on 14.06.2019 will be activated on 21st May, 2019 and will remain open up to 4th June, 2019.
Due date of filing Form GSTR 3B for the month of April, 2019, extended for cyclone hit districts of Odisha for registered persons in specified districts of Odisha till 20.06.2019 vide Notification No. 24/2019 – Central Tax dated 11th May, 2019. As per notification no. 24/2019 both dated 11-May-2019, issued by Government of India, Ministry of […]
Due date of filing Form GSTR 1 for the month of April, 2019, extended for cyclone hit districts of Odisha for taxpayers having aggregate turnover more than Rs. 1.5 crores for the month of April, 2019 for registered persons in specified districts of Odisha till 10.06.2019 vide Notification No. 23/2019 – Central Tax dated 11th May, […]
Reversals explained in Detail are as Follows- -Rule 37 – 180 Days Non Payment -Rule 39 – Credit note issued to ISD -Rule 42 – Inputs used for Exempted Supplies/Personal Use -Rule 43 – Capital Goods used for Exempted Supplies/Personal Use -Others 1. Rule 37(2)– 180 days Non Payment As a dealer, you would have […]
The date for exercising the option for residential real estate project to either stay at old GST rate (8% or 12% with ITC) or to avail new GST rate (1% or 5% without ITC) is being extended to 20.05.2019 from 10.05.2019. Government of India Ministry of Finance (Department of Revenue) Notification No. 10/2019-Central Tax (Rate) […]
CA Dilip Kumar Bothra 1. What is composition levy under GST? Ans. The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover is up to Rs. 1.5 Crore (s. 75 lakhs in case of few States). The objective of composition scheme is to bring simplicity and to reduce […]
A person is registered or is liable to be registered under the law would be a taxable person in GST. A person would be liable to be registered under the law under two categories: a) Person liable to be registered mandatorily. b) Person liable to be registered provided aggregate turnover of supply of goods or services […]
Let’s see how? GST is applicable from the July 17 so for FY 17-18 we have only 9 months of GST period that is July 17 to March 18. Aggregate Turnover:- Rule 80(3) says that ‘Every registered person whose aggregate turnover during a financial year exceeds 2 crore‘ GST audit required. It means we have […]
