goods and services tax

GST Audit Provisions: Detailed Analysis

Goods and Services Tax - While the GST regime emphasizes self-assessment processes, the complexities involved in it make one wary. At this juncture, it is clear that the GST law is not presently simple enough for an assessee to compute his total and taxable turnovers and duly report the same...

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GST Return Filing simplification Model A and Model-B

Goods and Services Tax - Reduction in number of Returns to One Return per month. No to-and-fro movement of invoice data (like GSTR → GSTR → GSTR → GSTR1A → GSTR-3). Simplicity of Return design: Summary of outwards supplies and inward supplies with annexure of invoices for outward supplies and inward supplies attracting reverse charge. Taxpayer Interface s...

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ITC on Rent-A-CAB- Possible Issues under GST Regime

Goods and Services Tax - In the present article we are mainly concerned with the restrictions with respect to rent-a-cab. Relevant provision is reproduced below: Sec. 17(5) Notwithstanding anything contained in sub-section (1) of section 16 and subsection (1) of section 18, input tax credit shall not be available in respect of the following, namely:—...

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Canteen Services- What Should be the Rate of Tax under GST regime

Goods and Services Tax - Consider a scenario where a registered person having a factory has engaged a canteen contractor at the factory and provides a space within its premises to the said canteen contractor to supply the food to its employees or workers...

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10 New FAQs on E-Way Bill

Goods and Services Tax - A person has been shifting his households from one state to another. Whether EWB is required to be generated? Solution 1: Used personal & household effects have been specifically covered in the annexure to rule 138 in respect of which EWB is not required to be generated. Therefore no EWB is required....

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6 more states to roll out intra-state e-way bill WEF 20th April 2018

Goods and Services Tax - Roll out of e-Way Bill system for intra-State movement of goods in the States of Bihar, Jharkhand, Haryana, Himachal Pradesh, Tripura and Uttarakhand from 20th April, 2018...

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Last chance to register for Online GST Certification course

Goods and Services Tax - After successfully completing 5 batches for Online GST Certification Couse with more than 5000 successful participants, TaxGuru and GST Professionals announces its 6th and most comprehensive GST batch. Online Course involves 2 classes a week for 3 hrs on weekends for one and half months (30 hrs detailed course). Batch start date 15th Apri...

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Haryana to roll out intra-state e-way bill WEF 20th April 2018

Goods and Services Tax - 01 April 2018 is the date, when Eway Bill become mandatory for all inter – state (one state to another state) movement of Goods, exceeding value Rs.50000. Along with the above, Karnatka is the first state which has rolled out E-way Bill even for Intra – State (within state) movement exceeding Rs.50,000 from 01 April […]...

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Composition dealers not to furnish serial 4A of Table 4 in FORM GSTR-4

Goods and Services Tax - Doubts are being raised about the manner of filing the quarterly return by composition dealers in FORM GSTR-4. In particular, there is a doubt with respect to the instruction at Sl. No. 10 appended to the said FORM which reads as below:...

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Join MSME certification Course on GST for Practitioners

Goods and Services Tax - JOIN 4 day GST CERTIFIED PRACTITIONER course of Ministry of M.S.M.E. at Bangalore, Agra, Indore,  Pune,  Jaipur,  Madurai,  Trichy,  Cochin,  Coimbatore,  Chennai,  Ahmedabad,  Mumbai, New Delhi and  Hyderabad in April 2018 starting from 21st April 2018. WHAT THE GST CERTIFICATION COURSE AIMS AT? The Course aims to facilitate th...

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Promotion & marketing of overseas university courses do not constitute export of services :AAR

In re Global Reach Education Services Pvt Ltd (Advance Rulings) - It was held that that the services provided by the Applicant to overseas universities are not ‘Export of services’ and therefore, taxable as per the GST laws, on the following basis:...

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Skincare preparations are medicaments for levy of GST: AAR

In re Akansha Hair & Skin Care Herbal Unit Pvt Ltd (Authority For Advance Ruling) - Preparations for the care of the skin namely, Rupam (Pimple Pack) and Pailab (Anti-Crack Cream), in the list submitted by the Applicant of the Application are classifiable as Medicament under heading 3004 of the Customs Tariff Act, 1975. This ruling is valid subject to the provisions under Section 1...

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Joint Plant Committee not required to Register under GST Act: AAR

In re Joint Plant Committee (Authority For Advance Ruling): Case Number 02 of 2018 - Joint Plant Committee is engaged exclusively in supplying goods and services that are wholly exempt from tax, and, therefore, not liable to be registered in accordance with the provisions under section 23(1) of the GST Act, subject to the condition that the Applicant is not otherwise liable to pay t...

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Supply of UPS with battery is a mixed supply under GST Act: AAR

In re Switching Avo Electro Power Ltd (Authority For Advance Ruling) - The supply of UPS and Battery is to be considered as Mixed Supply within the meaning of Section 2(74) of the GST Act, as they are supplied under a single contract at a combined single price....

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Block joining mortar classifiable under heading 3214 of Customs Tariff Act 1975: AAR

In re SIKA India Pvt Ltd (Authority For Advance Ruling) - SIKA Block Joining Mortar is to be classified under tariff item 3214 90 90 of the Customs Tariff Act, 1975, and, therefore, taxable under serial no. 24 of Schedule IV vide Notification No. 01/2017-Central Tax (Rate) dated 28/06/2017 under CGST Act, 2017 and 1125-FT dated 28/06/2017 under WBGST Act, ...

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Central Goods and Services Tax (Fourth Amendment) Rules, 2018

Notification No. 21/2018–Central Tax - (18/04/2018) - (1) These rules may be called the Central Goods and Services Tax (Fourth Amendment) Rules, 2018. (2) Save as otherwise provided, they shall come into force on the date of their publication in the Official Gazette....

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Tripura and Himachal to roll out intra-state e-way bill on Apr 20

Notification NO.F.1-11(91)-TAX/GST/2018(Part-I) - (17/04/2018) - GST Intra-state E-Way bill will be required from 20.04.2018 for any intra –state movement of taxable goods in Tripura and Himachal Pradesh having value more than Rs 50,000/- and where the place of delivery is beyond 50 kms from place of supply. ...

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Difficulties faced by taxpayers due to technical glitches on GST portal

Trade Circular No. 13T of 2018 - (17/04/2018) - Department of Revenue, Government of India vide a circular No. 39/13/2018 dated 3rd April 2018 has put in place an IT —Grievance Redressal Mechanism to address the difficulties faced by a section of taxpayers owing to technical glitches on the GST portal and the relief that needs to be given to th...

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Queries regarding processing of refund applications for UIN agencies

Circular No. 43/17/2018-GST - (13/04/2018) - The procedure for filing a refund application has been outlined under rule 95 of the Central Goods and Services Tax Rules,2017 (hereinafter referred to as 'the CGST Rules') which provides for filing of refund on a quarterly basis in FORM RFD-10 along with a statement of inward invoices in FORM GSTR-...

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GST: Recovery of arrears under existing law and reversal of inadmissible input tax credit

Circular No. 42/16/2018-GST - (13/04/2018) - Legal provisions relating to the recovery of arrears of central excise duty and service tax and CENVAT credit thereof arising out of proceedings under the existing law (Central Excise Act, 1944 and Chapter V of the Finance Act, 1994)...

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Recent Posts in "goods and services tax"

GST Audit Provisions: Detailed Analysis

While the GST regime emphasizes self-assessment processes, the complexities involved in it make one wary. At this juncture, it is clear that the GST law is not presently simple enough for an assessee to compute his total and taxable turnovers and duly report the same...

Read More

GST Return Filing simplification Model A and Model-B

Reduction in number of Returns to One Return per month. No to-and-fro movement of invoice data (like GSTR → GSTR → GSTR → GSTR1A → GSTR-3). Simplicity of Return design: Summary of outwards supplies and inward supplies with annexure of invoices for outward supplies and inward supplies attracting reverse charge. Taxpayer Interface s...

Read More

ITC on Rent-A-CAB- Possible Issues under GST Regime

In the present article we are mainly concerned with the restrictions with respect to rent-a-cab. Relevant provision is reproduced below: Sec. 17(5) Notwithstanding anything contained in sub-section (1) of section 16 and subsection (1) of section 18, input tax credit shall not be available in respect of the following, namely:—...

Read More

Canteen Services- What Should be the Rate of Tax under GST regime

Consider a scenario where a registered person having a factory has engaged a canteen contractor at the factory and provides a space within its premises to the said canteen contractor to supply the food to its employees or workers...

Read More

10 New FAQs on E-Way Bill

A person has been shifting his households from one state to another. Whether EWB is required to be generated? Solution 1: Used personal & household effects have been specifically covered in the annexure to rule 138 in respect of which EWB is not required to be generated. Therefore no EWB is required....

Read More

Central Goods and Services Tax (Fourth Amendment) Rules, 2018

Notification No. 21/2018–Central Tax (18/04/2018)

(1) These rules may be called the Central Goods and Services Tax (Fourth Amendment) Rules, 2018. (2) Save as otherwise provided, they shall come into force on the date of their publication in the Official Gazette....

Read More

6 more states to roll out intra-state e-way bill WEF 20th April 2018

Roll out of e-Way Bill system for intra-State movement of goods in the States of Bihar, Jharkhand, Haryana, Himachal Pradesh, Tripura and Uttarakhand from 20th April, 2018...

Read More

Automatic GST Late Fees Calculator for Form GSTR 3B

Simple Automatic GST Late Fees Calculator in Excel Format for easy calculation of Late Fees Payable for late filing of Form GSTR 3B which calculates  late fees under both CGST and SGST....

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GST on employer- employee supplies

GST is applicable on Supplies of goods and services. The scope of the term supplies has been elaborately defined at Section-7 of the Central Goods and Services Tax Act, 2017 (CGST Act) which primarily includes transactions made for a consideration. However, in cases referred at Schedule-I to the CGST Act, transactions are treated as suppl...

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Analysis of Latest Advance Ruling: GST on Canteen Food / Services provided by Company to its employees

Advance Ruling U/S 98 of the GST Act- whether recovery of food expenses from employees for the canteen provided by company comes under the definition of outward supplies are taxable under GST Act - Orders issued. Read:-Application dated 30.12.2017 from Caltech Polymers Pvt. Ltd. ORDER No.CT/531118-C3 DATED 26/03/2018...

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