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 : Discover the structure, powers, and recent updates of the GST Council in India, including key decisions from the 53rd GST Council ...
Goods and Services Tax : Explore GST exemptions for educational institutions under Notification 12/2017(CTR) and case laws. Learn how these exemptions appl...
Goods and Services Tax : Understand Input Tax Credit (ITC) under GST: Learn about eligibility, conditions, and types of ITC. Stay updated with latest amend...
Goods and Services Tax : Understand the time limit to avail Input Tax Credit (ITC) under Reverse Charge Mechanism (RCM) and the implications for registered...
Goods and Services Tax : State directives needed to stop police from illegally checking invoices/e-way bills, hindering trade. Only GST officials have this...
Goods and Services Tax : Explore the interoperable services of E-Invoice1 and E-Invoice2 systems, boosting efficiency and reliability for taxpayers. Learn ...
Goods and Services Tax : Discover the latest API updates for E-Invoice and E-Way Bill systems, including interoperable services and new error codes for sea...
Goods and Services Tax : Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC co...
Goods and Services Tax : CBI arrests CGST Superintendent and Inspector in Solan, HP, for demanding and accepting Rs.8000 bribe, leading to searches and ong...
Goods and Services Tax : CBI arrests Superintendent of Central GST & Central Excise in Berhampur for accepting Rs. 15,000 bribe from complainant regarding ...
Goods and Services Tax : Dive into the classification of Fortified Rice Kernels (FRK) under GST laws. Understand the ruling, implications, and applicable n...
Goods and Services Tax : Kerala High Court upholds the dismissal of a writ petition, ruling that the common portal can be used for GST order communications...
Goods and Services Tax : Delhi High Court restores GST registration in Rajdhani Trading Co. vs Principal Commissioner case, citing violation of natural jus...
Goods and Services Tax : Detailed analysis of the Delhi High Court judgment in Ace Cardiopathy Solutions Pvt Ltd Vs Union of India, addressing issues with ...
Goods and Services Tax : Detailed analysis of Delhi High Court's judgment on cancellation of GST registration due to non-filing of returns. Key implication...
Goods and Services Tax : Explore the integrated services of NIC-IRP e-invoice-1 and e-invoice-2 portals, launching on July 18th, 2024. Learn about seamless...
Goods and Services Tax : Explore CBIC achievements, updates, and recent cases in the July 2024 newsletter from the Ministry of Finance, Department of Reven...
Goods and Services Tax : GST rates on solar cookers, fire water sprinklers, parts of poultry-keeping machinery, pre-packaged agricultural produce and suppl...
Goods and Services Tax : Latest GST clarifications on services including Indian Railways, RERA, digital payments, insurance schemes, and accommodation serv...
Goods and Services Tax : Learn how exporters can claim refund of additional IGST paid due to price increases post-export. Details on application process an...
As per para 3.12 of Report of The Joint Committee on Business Process For GST on GST it is not possible to revise GST return filed under proposed GST Regime and all adjustment can be made for difference in invoice amount and Input Tax Credit (ITC) by way of Debit/Credit Note in GST return of […]
As of now both the Union Govt. as well as the Empowered committee of State Finance Minister is planning hard to roll out GST from 01-04-2016 to make India a common market for goods and services. Recently the Empowered committee has released the draft process for registration, returns, payment and refunds under GST.
The Dealer has faced two very important and painful things under the present system of vat is namely 1.Hurdles in claiming of Input tax credit under the guise of partial rebate/time limit etc., 2.Burden of proof
joint committee set up by Empowered committee of state finance minister has suggested a concept called Blacklisting of Dealers under GST regime which will put a cap on bogus and fictitious dealers.
Key highlights of Draft Report on Returns under GST – 1. Every registered dealer is required to file Return for the prescribed tax period. A Return needs to be filed even if there is no business activity (i.e. Nil Return) during the said tax period of return; 2. Eight different types of Returns are prescribed viz. GSTR 1 to GSTR 8;
The Joint Committee on Business Process for #GST has submitted it’s Report on GST Return. The salient features for proposed #GSTReturn are as below: 1. There will be common E-Return for CGST, SGST, IGST and Additional Tax. 2. Every registered person is required to file a return for the prescribed tax period. A return needs […]
Notify vide Notification No. F.3(352)/Policy/VAT/2013/929-40 Dated 21/10/2015 that the Form DP-1 shall be submitted online by all the dealers latest by 23/11/2015. The form shall be filed by dealers registered upto 30/09/2015.
CA Vinod Kaushik Introduction: Hope you are ready for the most awaited indirect tax reform called GST in the country since independence. The union Govt. headed by Hon’ble finance minister and Empowered group of State finance minister is working very hard to implement this reform from 01-04-2016 if the constitutional amendment bill is passed by […]
REPORT OF THE JOINT COMMITTEE ON BUSINESS PROCESS FOR GST ON GST RETURN- Who needs to file Return and Periodicity of Return Filing in GST regime? Every registered person is required to file a return for the prescribed tax period. A return needs to be filed even if there is no business activity (i.e. Nil Return) during the said tax period of return.
So the dice is finally rolling and it’s expected that it would gather momentum in the coming days. The government has come out with Report of the Joint Committee on Business Processes for GST on GST Registration.
