Goods and Services Tax : Learn what GSTR-1A is, who should file it, key features, and its impact on GSTR-2B and GSTR-3B. Understand the filing process and ...
Goods and Services Tax : Explore our FAQs on Form GSTR-1, delinking debit and credit notes, auto-population of e-invoice details, editing and viewing e-inv...
Goods and Services Tax : Learn about Form GST ITC 03, its filing requirements, prerequisites, frequency, and consequences of non-filing. Understand when an...
Goods and Services Tax : Discover if it's possible to declare GST credit notes in returns after November 30th. Get insights into the legal provisions and p...
Goods and Services Tax : Understand the significance of e-invoicing, its implementation, prerequisites, and FAQs. Learn how to generate e-invoices, its ben...
Goods and Services Tax : Functionality for Aadhaar Authentication and e-KYC where Aadhaar is not available, has been deployed on GST Common Portal w.e.f. 6...
Goods and Services Tax : FREQUENTLY ASKED QUESTIONS (FAQs) ON GOODS AND SERVICES TAX (GST)-3rd Edition: 15th December, 2018- (Note: Changes announced in G...
Goods and Services Tax : ICAI has come out with revised publication titled FAQ's and MCQ's on GST. It provides a comprehensive coverage of GST in easy to ...
Goods and Services Tax : ICAI has come up with an FAQ on E-way Bill under GST in which it discussed 100 Practical issues and possible solutions on E –...
Goods and Services Tax : Taxpayer is not able to reset and file GSTR-3B. Error report shows YOU HAVE ALREADY OFF SETTED GSTR-3B, but CESS liability is yet ...
Goods and Services Tax : Taxpayers are now required to report their ITC availment, reversal of ITC and ineligible ITC correctly as per new format of Table ...
Goods and Services Tax : What change has been made with respect to packaged and labelled commodity with effect from the 18th July, 2022 and What is the sco...
Goods and Services Tax : The government has now decided to resume the blocking of EWB generation facility on the EWB portal, for all the taxpayers in terms...
Goods and Services Tax : Field formations have reported that they are facing several issues while issuing EWB-06. A detailed FAQ has been prepared and encl...
DGFT : Is there any difference in tariff or customs preferences if the wholly obtained (WO) criteria is used instead of the product speci...
Rules on E-way bill has been notified, and there has been loads of queries from the businessmen, professionals and hence top 18 FAQ have been elected and they have been asnwered in this, which might help our business world have clarity on the same.
Are liquor shops and permit rooms required to file GST returns? Ans: Yes, if registration has been taken, then returns are to be furnished mandatorily even when there is no turnover. Alcoholic liquor for human consumption is dealt by state excise & VAT/CST laws and concerned returns are anyway required under these laws.
Levy Q 1. What is the taxable treatment of the services provided by a Service Provider in respect of such services which are covered under notification 25/2012-Mega Exemption Notification for Government, railways and other Departments? Such Services are exempt from Service Tax, hence who will bear the GST tax element of 18%, the Service Provider […]
The society collects the following charges from the members on quarterly basis as follows: 1. Property Tax-actual as per Municipal Corporation of Greater Mumbai (MCGM) 2. Water Tax- Municipal Corporation of Greater Mumbai (MCGM)
a) Will GST be charged on actual tariff or declared tariff for accommodation services? b) What will be GST rate if cost goes up (more than declared tariff) owing to additional bed. c) Where will the declared tariff be published? d) Same room may have different tariff at different times depending on season or flow of tourists as per dynamic pricing. Which rate to be used then?
COMPOSITION Q.1 Whether a person can avail the composition scheme on Small Retail Trading of goods if he is holding both incomes like Sale of business: Rs. 25 lakh (Small Retail Trader) and Rental income: Rs. 12 lakh, whereas the person was registered earlier in VAT Composition Scheme and was paying Service Tax on rental income? […]
The compilation of frequently asked questions on GST brought out by the apex training institute under the Central Board of Excise & Customs (CBEC) the National Academy of Customs, Excise & Narcotics (NACEN), has been extremely well received. These GST FAQs were released on 21st September, 2016 by the Honble Finance Minister and were based on the Model GST Law as on June, 2016.
FILING TRAN-1 is very important & as the due date is 28th Sept’17, Some of the important point covered as below, For all other SECTION wise & TABLE wise QUERIES, you can view the VIDEO in the link below, must subscribe my YouTube CHANNEL for more updates
This article attempts to simplify the miscellaneous transitional provisions under GST for better understanding. What types of forms are required to filed in relation to Transition to GST from earlier laws? 2 different types of forms have prescribed in relation to GST transition. Summary of these forms is as below
ARE ALL SERVICES PROVIDED BY THE GOVERNMENT OR LOCAL AUTHORITY EXEMPTED FROM PAYMENT OF TAX ? No, all services provided by the Government or a local authority are not exempt from tax. As for instance, services, namely, (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Government; (ii) services in relation to an aircraft or a vessel, inside or outside the precincts of an airport or a port; (iii) transport of goods or passengers; or (iv) any service, other than services covered under (i) to (iii) above, provided to business entities are not exempt and that these services are liable to tax.
