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Goods and Services Tax - CBIC vide notification number 49/2019 –CT dated 09.10.2019 made the amendment in CGST Rules, 2017. In this notification, CBIC notifies the new rule 21A(5) – the detailed analysis are herein below; Suspension of Registration: As per rule 21A(3) CGST Rule, 2017 (Inserted through Notification No. 03/2019 – Central Tax dated 29.01.2...
Read MoreGoods and Services Tax - Introduction: Notification No. 49/2019 Central Tax dated 09.10.2019 inserted explanation to sub rule 3 and also inserted sub rule 5 after sub rule 4 to rule 21A of CGST Rules 2017. Rule 21A of CGST Rules 2017 talks about Suspension of GST Registration Sub Rule 3 of Rule 21A of CGST Rules 2017 says: A […]...
Read MoreGoods and Services Tax - Every supplier who makes supply of taxable goods and services or both needs to take registration under GST if his aggregate turnover in a financial year exceeds the threshold limit. The Threshold limit for taking registration are as follows: In case of supplier of services – Rs. 20, 00,000 (Rs. 10, 00,000 for states of […]...
Read MoreGoods and Services Tax - Verification: New GST Registration after Cancellation of earlier(old) Registration – By CA Nitin Jain a very important clarification is came vide Circular no. 95/14/2019-GST dated 28th March, 2019 from Central Board of Indirect Taxes and Customs is being summarized in the present article. Many cases are came to knowledge of departm...
Read MoreGoods and Services Tax - There is a lot of debate as to whether registration is necessary in case of entities supplying “ONLY” Exempt supply of goods or services. Let us analyze the provisions of the CGST Act, 2017. Sec.22(1) deals with the requirement of registration reads as follows: “Every supplier shall be liable to be registered under this Act [&hellip...
Read MoreGoods and Services Tax - On 23rd April 2019 CBIC issued 3 CGST Notifications, 2 Circulars and 1 Removal of Difficulty Order. CBIC added proviso to Rule 23, Amended Rule 62 to provide rule for payment and return filing by Specified Composition dealers, Inserted Form GST CMP – 08– Statement for payment of self-assessed tax, added a new instruction to [&hell...
Read MoreIn re Gandhar Oil Refinery (India) Limited (GST AAR Maharashtra) - In re Gandhar Oil Refinery (India) Limited (GST AAR Maharashtra) Question 1:- Whether the applicant requires registration in each State separately? Answer :- In the present case as mentioned above the place of supply is the location of the importer who is situated in the State of Maharashtra and hen...
Read MoreIn re M/s K M Trans Logistics Private Limited (AAR Rajasthan) - The registration under GST regime is applicable on place of supply of goods or services or both. Since in the instant case, as per the facts submitted by the applicant, the place of supply is from the state of Rajasthan, thus applicant is required to take registration at Jaipur, Rajasthan only....
Read MoreAdvisory No. 21/2019 - Aces-GST Integration - (19/07/2019) - ACES GST Integration- Issue of Advisory for Tax officers to Change Assessee Password for Existing Tax payers of Central Excise and Service Tax in the integrated CBIC-GST Tax Payer portal ...
Read MoreNotification No.- KA.NI-2-807/XI-9(47)/17- U.P. Act-1-2017-Order-(35)-2019 - (28/05/2019) - UP GST notifies that Any person, who is engaged in exclusive supply of goods and whose aggregate turnover in the financial year does not exceed forty lakh rupees as the category of persons exempt from obtaining GST registration. Uttar Pradesh Shasan Sansthagat Vitta, Kar Evam Nibandhan Anubhag-2 In ...
Read MoreCircular No. 4/2019 - (07/05/2019) - Circular No.4/2019 – GST Registered Tax Payers – Validation of Registration details furnished – SoP for visit to taxable person’s premises for verification of registration particulars. Office of the Commissioner of State Goods and Services Tax Department, Government of Kerala, Thiruvanantha...
Read MoreCircular No. 99/18/2019-GST - (23/04/2019) - Seeks to clarify the extension in time under sub-section (1) of section 30 of the Act to provide a one time opportunity to apply for revocation of cancellation of GST registration on or before the 22nd July, 2019 for the specified class of persons for whom cancellation order has been passed up to 31...
Read MoreOrder No. 5/2019-GST [S.O. 1626(E)] - (23/04/2019) - CBIC extends the time limit for filing an application for revocation of cancellation of registration for specified taxpayers vide Central Goods and Services Tax (Fifth Removal of Difficulties) Order, 2019. Refer Order No. 5/2019-GST dated 23rd April, 2019. CGST (Fifth Removal of Difficulties) Orde...
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