CGST

ITC restrictions by new rules Rule 36(4) & 86(A) of CGST Rules, 2017

Goods and Services Tax - The Rule 36(4) of the CGST Rules has been inserted vide notification No. 49/2019, Central Tax dated 09-10-2019. Since after the introduction this has made a lot of hue and cry among the tax payers . Some problems of the tax payers are really genuine . Although the government has come up with the some […]...

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Interest on delayed payment of GST- Whether on Gross or Net?

Goods and Services Tax - Amongst the many questions and complications in respect of GST compliance which the people are facing, one of the basic and important conundrum is 'Interest levy in case of delayed payment of GST - Whether to be charged on Gross or Net ??'...

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Analysis of Changes in GST Invoicing System effective from 1st April, 2020

Goods and Services Tax - The Invoicing System is GST is destined for major overhaul in the coming financial year. This includes E-Invoicing, Inclusion of Quick Response Code and Facility of Digital payments to recipients. It is important for organizations to understand the same as all of the above would not only require customization in their accounting/ ERP soft...

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Central Goods and Services Tax Order (2017-2019)

Goods and Services Tax - Article compiles Central Goods and Services Tax (CGST) Orders issued by CBIC during 2017 to 2019. Article Contains Order Number, date of Order, Subject on which orders been passed and Description of order. Orders also been hyperlinked for ready reference of our readers. THE CENTRAL GOODS AND SERVICES TAX ORDERS, 2017 Sr. No. Order No [&he...

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Removal of Difficulties Orders under GST – Upto December 2019

Goods and Services Tax - Article compiles Removal of Difficulties Orders issued by CBIC between 01.07.2017 to 31.12.2019. Article Contains Order Number, date of Order, Subject on which orders been passed and Description of order. Orders also been hyperlinked for ready reference of our readers. THE CENTRAL GOODS AND SERVICES TAX (REMOVAL OF DIFFICULTIES) ORDER, 20...

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Updated Central Goods and Services Tax Rules, 2017

Goods and Services Tax - This article have updated Central Goods and Services Tax Rules, 2017 / CGST Rules, 2017, which were initially released on 19th June 2017 and amended by various notifications issued from time to time. CGST Rules are updated with notifications issued till 01st January 2020. Details of Initial and Subsequent Notifications is as follows :- &n...

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32 Defects Fixed for Taxpayers on GST Portal as on 20.12.2019

Goods and Services Tax - CBIC fixes 32 Defects for Taxpayers on GST Portal as on 20.12.2019 which includes defect related to Adjudication, All Modules, Assessment & Adjudication, Assessment- Reply to SCN in cases of penalty, Assessment, Form ITC 04, New Return – Preparation of GST ANX 1 Online, Payment, Refund, Registration – Search Taxpayer, Registration...

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List of CGST nodal officers for IT Grievance Redressal

Goods and Services Tax - IT Grievance Redressal mechanism inter alia envisages that taxpayers shall make an application to the field officers or the nodal officers where there was a demonstrable glitch on the Common Portal in relation to an identified issue, due to which the due process as envisaged in law could not be completed on the Common Portal. […]...

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CBIC issues 9 GST Circulars on 11th October 2019

Goods and Services Tax - CBIC issues 9 GST Circulars on 11th October 2019 i.e. Circular No. 113/32/2019-GST to Circular No. 121/40/2019-GST. Vide these Circulars CBIC has clarified various issues related to GST which includes Clarification regarding GST rates & classification of Goods , Scope of support services to exploration, mining or drilling of petroleum...

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CBIC issues 43 notifications on 30th September 2019

Goods and Services Tax - CBIC issues 43 notifications on 30th September 2019 to give effect to Recommendations made by GST Council in its 37th Meeting. Most of the changes are effective from 1st October 2019 and includes changes in Custom Law, CGST, IGST and UTGST Law. Changes includes changes in Rates on certain Products and Services, Applicability of Reverse [&...

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Builder denied benefit of ITC to buyers of flats and shops: NAA

Smt. Shubhra Vipin Gajbhiye Vs Pyramid Arcades Pvt. Ltd (National Anti-Profiteering Authority) - Smt. Shubhra Vipin Gajbhiye Vs Pyramid Arcades Pvt. Ltd (National Anti-Profiteering Authority) It is established from the perusal of the above facts that the Respondent has benefited from the additional ITC to the extent of 4.52% of the turnover during the period from July, 2017 to December, 2018 a...

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Granting of discounts not amounts to passing of benefit of tax reduction

Director General of Anti-Profiteering Vs Krishna Trading Company (National Anti-Profiteering Authority) - Director General of Anti-Profiteering Vs Krishna Trading Company (National Anti-Profiteering Authority) The Respondent has admitted in his submissions that he was aware of the above tax reductions and hence he should have immediately reduced his sale prices commensurate with the rate reductions. He ...

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Power to arrest under CGST act must be exercised with care: Gujarat HC

Vimal Yashwantgiri Goswami Vs. State of Gujarat (Gujarat High Court) - The powers of arrest under Section 69 of the Act, 2017 are to be exercised with lot of care and circumspection. Prosecution should normally be launched only after the adjudication is completed....

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Reasonable opportunity to rectify Tran-2 should be allowed

Optival Health Solutions Pvt Ltd Vs UOI (Calcutta High Court) - Optival Health Solutions Pvt Ltd Vs UOI (Calcutta High Court) Petitioners have sought a direction upon the respondents to allow them to revise/rectify their Form GST TRAN-2 electronically or manually – Petitioners contend that the present scheme of things does not allow rectification or revision o...

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Provisional attachment not sustainable if dealer is not a fly by night operator

Patran Steel Rolling Mill Vs Assistant Commissioner of State Tax (Gujarat High Court) - If the dealer is a fly by night operator or a habitual offender or does not have sufficient means to pay the dues that may arise upon assessment, such action may be justified. Such drastic powers under section 83 of the Act should not be exercised as a matter of course, but only after due applicatio...

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Fake GST Invoice: Dept. started Blocking ITC of fake credit availers

F.No. 587/CE/167/Pol/2019/11219-11269 - (13/01/2020) - All the CGST Zones are required to make a list, GSTN-wise of fake credit availers and block their ITC under Rule 86A(1)(a) for the entities located in their jurisdiction. If, however, there are certain entities which are located outside their jurisdiction, they should forward a list of such availers...

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Appointment of Revisional Authority | CGST Act, 2017 | Section 108

Notification No. 05/2020-Central Tax/G.S.R. 28(E) - (13/01/2020) - CBIC authorises following as Revisional Authority under section 108 of Central Goods and Services Tax Act, 2017 vide Notification No. 05/2020-Central Tax dated 13th January, 2020- (a) the Principal Commissioner or Commissioner of Central Tax for decisions or orders passed by the Additional or Joint ...

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CBIC amends transition plan for UTs of J&K and Ladakh

Notification No. 03/2020–Central Tax [G.S.R. 5(E).] - (01/01/2020) - Notification No. 03/2020–Central Tax dated 01st January, 2020 i. Seeks to amend the notification No. 62/2019-CT dt. 26.11.2019 to amend the transition plan for the UTs of J&K and Ladakh. ii. Taxpayer has an option to transfer the input tax credit (ITC) from the registered GSTIN, till the 31st ...

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CBIC prescribes schema for e-invoices under GST

Notification No. 02/2020 – Central Tax [G.S.R. 4(E).] - (01/01/2020) - Notification No. 02/2020 – Central Tax dated 01st January, 2020 i. Amendments to CGST Rules, 2017  to prescribe a schema for e-invoices which has been made optional from 01.01.2020. ii. In case of registered persons who could not submit the said declaration by the due date on account of technical...

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CBIC notifies Sections of CGST Act 2017 Applicable from 01.01.2020

Notification No. 01/2020 – Central Tax [G.S.R. 2(E)] - (01/01/2020) - Notification No. 01/2020 – Central Tax dated 1st January, 2020– CBIC notifies Sections of CGST Act 2017 Applicable from 01.01.2020 which brings into force certain provisions of the Finance (No. 2) Act, 2019 amending the CGST Act, 2017. The provisions of sections 92 to 112 (Amendments to CGST...

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Recent Posts in "CGST"

ITC restrictions by new rules Rule 36(4) & 86(A) of CGST Rules, 2017

The Rule 36(4) of the CGST Rules has been inserted vide notification No. 49/2019, Central Tax dated 09-10-2019. Since after the introduction this has made a lot of hue and cry among the tax payers . Some problems of the tax payers are really genuine . Although the government has come up with the some […]...

Read More

Fake GST Invoice: Dept. started Blocking ITC of fake credit availers

F.No. 587/CE/167/Pol/2019/11219-11269 (13/01/2020)

All the CGST Zones are required to make a list, GSTN-wise of fake credit availers and block their ITC under Rule 86A(1)(a) for the entities located in their jurisdiction. If, however, there are certain entities which are located outside their jurisdiction, they should forward a list of such availers along with GSTN No. to the local office...

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Updated Central Goods and Services Tax Rules, 2017

This article have updated Central Goods and Services Tax Rules, 2017 / CGST Rules, 2017, which were initially released on 19th June 2017 and amended by various notifications issued from time to time. CGST Rules are updated with notifications issued till 01st January 2020. Details of Initial and Subsequent Notifications is as follows :- &n...

Read More

Appointment of Revisional Authority | CGST Act, 2017 | Section 108

Notification No. 05/2020-Central Tax/G.S.R. 28(E) (13/01/2020)

CBIC authorises following as Revisional Authority under section 108 of Central Goods and Services Tax Act, 2017 vide Notification No. 05/2020-Central Tax dated 13th January, 2020- (a) the Principal Commissioner or Commissioner of Central Tax for decisions or orders passed by the Additional or Joint Commissioner of Central Tax; and (b) the...

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Interest on delayed payment of GST- Whether on Gross or Net?

Amongst the many questions and complications in respect of GST compliance which the people are facing, one of the basic and important conundrum is 'Interest levy in case of delayed payment of GST - Whether to be charged on Gross or Net ??'...

Read More

Builder denied benefit of ITC to buyers of flats and shops: NAA

Smt. Shubhra Vipin Gajbhiye Vs Pyramid Arcades Pvt. Ltd (National Anti-Profiteering Authority)

Smt. Shubhra Vipin Gajbhiye Vs Pyramid Arcades Pvt. Ltd (National Anti-Profiteering Authority) It is established from the perusal of the above facts that the Respondent has benefited from the additional ITC to the extent of 4.52% of the turnover during the period from July, 2017 to December, 2018 and hence the provisions of Section 171 o...

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Analysis of Changes in GST Invoicing System effective from 1st April, 2020

The Invoicing System is GST is destined for major overhaul in the coming financial year. This includes E-Invoicing, Inclusion of Quick Response Code and Facility of Digital payments to recipients. It is important for organizations to understand the same as all of the above would not only require customization in their accounting/ ERP soft...

Read More

Central Goods and Services Tax Order (2017-2019)

Article compiles Central Goods and Services Tax (CGST) Orders issued by CBIC during 2017 to 2019. Article Contains Order Number, date of Order, Subject on which orders been passed and Description of order. Orders also been hyperlinked for ready reference of our readers. THE CENTRAL GOODS AND SERVICES TAX ORDERS, 2017 Sr. No. Order No [&he...

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Removal of Difficulties Orders under GST – Upto December 2019

Article compiles Removal of Difficulties Orders issued by CBIC between 01.07.2017 to 31.12.2019. Article Contains Order Number, date of Order, Subject on which orders been passed and Description of order. Orders also been hyperlinked for ready reference of our readers. THE CENTRAL GOODS AND SERVICES TAX (REMOVAL OF DIFFICULTIES) ORDER, 20...

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Interest on delayed GST payment

Section 50 of CGST Act, 2017 articulates that every person who is liable to pay tax in accordance with the provisions of GST shall remit tax on or before scheduled dates, but fails to pay tax or any part thereof to the Government shall pay on his own interest at such rate not exceeding 18 […]...

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