GST Return

Input tax Credit restriction in GST

Goods and Services Tax - The restriction of availment of ITC is imposed only in respect of those invoices /debit notes, details of which are required to be uploaded by the suppliers under sub-section (1) of section 37 and which have not been uploaded....

Read More

Roll out of New GST Returns

Goods and Services Tax - CBDT began the new year by introducing the Formats of ITR 1 & 4 even before the Financial Year ended. Then why should their counterpart stay back ! So the CBIC as well has began it’s task towards the roll out of new GST Returns in this year in terms of the decisions of the […]...

Read More

Summarized Standard Operating Procedure To Be Followed In Case of Non-Filers of GST Returns

Goods and Services Tax - (Circular No. 129/48/2019 – GST, Dated 24 December 2019) The Central Board of Central Excise and Customs (hereinafter called board) comes heavily on the defaulters on account of non submission of  GST Returns u/s 39 or 44 or 45 of the CGST Act. The board in exercise of power conferred u/s 168(1) of the CGST […]...

Read More

New GST Returns- GST RET-1 v/s GST RET-2 v/s GST RET-3

Goods and Services Tax - Introduction : Under the new GST return, there will be 1 main form viz. GST RET-1 (Normal), / GST RET-2 (Sahaj)/ GST RET-3 (Sugam) (i.e. the taxpayer will have to file any of the above forms) and two Annexures namely GST Anx-1 & GST Anx-2. Date of Applicability of New GST Returns: 01/04/2020 GST RET-1 […]...

Read More

GST Return Defaulter – Last Opportunity for Dealers

Goods and Services Tax - Dear Readers, in this coolest winter season, now the government is planning to give some heat to the GST Return Defaulters. This time the government is not in the mood of giving any further opportunity to GST Return Defaulters. To penalize these defaulters GST Department has issued back to back notification number 74/2019-Central Tax, Not...

Read More

Extend GSTR 9 & GSTR 9C Return Filing due Date For Year 2017-18

Goods and Services Tax - Haryana Chamber Of Commerce & Industry has made a representation to Seek Extension Of GSTR 9 & GSTR 9C Annual Return Filing Date For The Year 2017-18. Text of the Representation is as follows:- Haryana Chamber Of Commerce & Industry Ref. No. HCCl/KNL/2019-20/ Dated 27/01/2020 Mail to : appointment[dot]fm[at]gov[dot]in Ms. Nirm...

Read More

GST Portal Issues | Problems in Forms | GSTR 9/9C due date extension

Goods and Services Tax - Ahilya Chamber of Commerce and Industry  has made a representation to Chairman of GST Council and  made suggestions for better working of GST portal and for better compliance of GST Provisions. It also highlighted Problems in GSTR -1, GSTR 3B and New GST Returns. It has further requested to extend due date of filing GSTR […]...

Read More

38th GST Council’s decisions on Law & Procedural changes

Goods and Services Tax - Due date for annual return in FORM GSTR-9 and reconciliation statement in FORM GSTR-9C for FY 2017-18 to be extended to 31.01.2020. Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his FORM GSTR-2A shall be restricted to 10 per cent of the eligible credit available in respect of invoices or...

Read More

Starting today – Online Workshop on GST Audit & Reconciliation Statement

Goods and Services Tax - We are happy to announce One Day GST workshop for effective GST Audits and Annual Returns. The workshop would cover clause wise clause detailed Analysis for Form GSTR 9, GSTR 9C along with GST Audit tool for GST Health Check-up. ...

Read More

Govt extends due date of Form GSTR-9 and GSTR-9C

Goods and Services Tax - Government extends the due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 to 31st December and for Financial Year 2018-19 to 31st March 2020....

Read More

Vehicle detention for Non-Filing of GST Returns not justified: HC

Relcon Foundations (P) Ltd. Vs Assistant State Tax Officer (Kerala High Court) - Relcon Foundations (P) Ltd. Vs Assistant State Tax Officer (Kerala High Court) A perusal of Ext.P1 order would indicate that the detention of the vehicle carrying the goods was on the ground that the GSTR 3B returns had not been filed from June 2018 and GSTR I had not been filed from March 2019. It ...

Read More

HC allows Petitioner to rectify GST Returns (GSTR-1 & GSTR-3B)

M/s Neelkamal Enterprises Pvt. Ltd. Vs. Union of India & others (Punjab & Haryana High Court) - Petitioner-Assessee has to file his annual return for the Assessment Year 2017-18 by 31.8.2019 under the CGST and HGST. However, it is handicapped on account of inadvertent mistakes/errors having occurred while filing statutory fowls GSTR-1 and GSTR-3B, which can be corrected in view of legal provis...

Read More

Writ filed challenging GST Portal Operation Mechanism for Annual Return filing

M/s P.P. Automative Pvt. Ltd. Versus UOI and others (Punjab and Haryana High Court) - Writ Petition Filed Before Hon’ble High Court Of Punjab And Haryana: M/S P.P. Automotive Pvt. Ltd., Challenging The Mechanism Of Operation Of Common GST Portal In Relation To The Filing Of Annual Return. Provisions: As per Section 44 and Section 35 of the CGST/HGST Act read with Rule 80 of the CGS...

Read More

GSTR 3B is not a return under Section 39 of CGST Act 2017: Gujarat HC

AAP And Co. Vs Union of India (Gujarat High Court) - AAP And Co. Vs Union of India (Gujarat High Court) The writ-application has been filed seeking quashing and setting aside of the press release dated 18th October 2018 to the extent that its para 3 purports to clarify that the last date for availing the input tax credit relating to the invoices issue...

Read More

SOP to be followed in case of non-filers of GST returns

Circular No. 129/48/2019 - GST - (24/12/2019) - Section 46 of CGST Act read with rule 68 CGST Rules requires issuance of a notice in FORM GSTR-3A to a registered person who fails to furnish return under section 39 or section 44 or section 45 (defaulter) requiring him to furnish such return within fifteen days...

Read More

Important salient features of new GST returns wef 01.04.2020

Trade Circular (GST) No. 53T of 2019 - (21/11/2019) - From 1st April 2020, taxpayers will be required to file the new GST return & they need to be familiar with new return functionality. Active participation of the taxpayers and GST practitioners in this trial return drive will enable to give their proper feedbacks/suggestions to improve the GST new re...

Read More

Optional filing of annual GST return Form GSTR-9 / GSTR-9A- CBIC clarifies

Circular No. 124/43/2019 - GST - (18/11/2019) - Vide notification No. 47/2019-Central Tax it is provided that the annual return shall be deemed to be furnished on the due date if it has not been furnished before the due date for the financial year 2017-18 and 2018-19, in respect of those registered persons....

Read More

Govt notifies due date extension of Form GSTR-9 and GSTR-9C

Order No. 08/2019-Central Tax [S.O. 4105(E)] - (14/11/2019) - it is hereby declared that the annual return for the period from the 1st July, 2017 to the 31st March, 2018 shall be furnished on or before the 31st December, 2019 and the annual return for the period from the 1st April, 2018 to the 31st March, 2019 shall be furnished on or before the 31st March, 20...

Read More

Salient features of new GST returns & Form GST ANX-1 & GST ANX-2

Circular No. 27/2019-2020 - (31/10/2019) - To simplify the process and procedure of filing Of return across various categories of taxpayers, the GST Council in its 31st meeting has decided that a New Return System under GST would be introduced for taxpayers. The important salient features of new returns are as under:...

Read More

Recent Posts in "GST Return"

Extend GSTR 9 & GSTR 9C Return Filing due Date For Year 2017-18

Haryana Chamber Of Commerce & Industry has made a representation to Seek Extension Of GSTR 9 & GSTR 9C Annual Return Filing Date For The Year 2017-18. Text of the Representation is as follows:- Haryana Chamber Of Commerce & Industry Ref. No. HCCl/KNL/2019-20/ Dated 27/01/2020 Mail to : appointment[dot]fm[at]gov[dot]in Ms. Nirm...

Read More

GST Portal Issues | Problems in Forms | GSTR 9/9C due date extension

Ahilya Chamber of Commerce and Industry  has made a representation to Chairman of GST Council and  made suggestions for better working of GST portal and for better compliance of GST Provisions. It also highlighted Problems in GSTR -1, GSTR 3B and New GST Returns. It has further requested to extend due date of filing GSTR […]...

Read More

Input tax Credit restriction in GST

The restriction of availment of ITC is imposed only in respect of those invoices /debit notes, details of which are required to be uploaded by the suppliers under sub-section (1) of section 37 and which have not been uploaded....

Read More

Roll out of New GST Returns

CBDT began the new year by introducing the Formats of ITR 1 & 4 even before the Financial Year ended. Then why should their counterpart stay back ! So the CBIC as well has began it’s task towards the roll out of new GST Returns in this year in terms of the decisions of the […]...

Read More

Vehicle detention for Non-Filing of GST Returns not justified: HC

Relcon Foundations (P) Ltd. Vs Assistant State Tax Officer (Kerala High Court)

Relcon Foundations (P) Ltd. Vs Assistant State Tax Officer (Kerala High Court) A perusal of Ext.P1 order would indicate that the detention of the vehicle carrying the goods was on the ground that the GSTR 3B returns had not been filed from June 2018 and GSTR I had not been filed from March 2019. It […]...

Read More

Summarized Standard Operating Procedure To Be Followed In Case of Non-Filers of GST Returns

(Circular No. 129/48/2019 – GST, Dated 24 December 2019) The Central Board of Central Excise and Customs (hereinafter called board) comes heavily on the defaulters on account of non submission of  GST Returns u/s 39 or 44 or 45 of the CGST Act. The board in exercise of power conferred u/s 168(1) of the CGST […]...

Read More

New GST Returns- GST RET-1 v/s GST RET-2 v/s GST RET-3

Introduction : Under the new GST return, there will be 1 main form viz. GST RET-1 (Normal), / GST RET-2 (Sahaj)/ GST RET-3 (Sugam) (i.e. the taxpayer will have to file any of the above forms) and two Annexures namely GST Anx-1 & GST Anx-2. Date of Applicability of New GST Returns: 01/04/2020 GST RET-1 […]...

Read More

GST Return Defaulter – Last Opportunity for Dealers

Dear Readers, in this coolest winter season, now the government is planning to give some heat to the GST Return Defaulters. This time the government is not in the mood of giving any further opportunity to GST Return Defaulters. To penalize these defaulters GST Department has issued back to back notification number 74/2019-Central Tax, Not...

Read More

Consequences of non-filing of returns under GST

CGST Act (Section 46) read with CGST Rules 2017 (Rule 68) requires issuance of a notice in FORM GSTR-3A to a registered person who fails to furnish return i.e. GSTR-3B under section 39 or Annual return or final return (defaulter) requiring him to furnish such return within fifteen days. Further section 62 provides for assessment […...

Read More

SOP for Non filers of GST returns- Analysis of CBIC Circular

Here we are going to understand the CGST Circular No. 129/48/2019-GST Dated 24-12-2019 and what are its consequences if not complied by the registered person. Instructions :- Here in these article author has tried to make it simpler for understanding purpose and wherever possible try to avoid the language of circular. But for some of [&he...

Read More

Browse All Categories

CA, CS, CMA (4,442)
Company Law (5,291)
Custom Duty (7,563)
DGFT (4,091)
Excise Duty (4,320)
Fema / RBI (3,950)
Finance (4,111)
Income Tax (31,634)
SEBI (3,299)
Service Tax (3,509)

Search Posts by Date

January 2020
M T W T F S S
« Dec    
 12345
6789101112
13141516171819
20212223242526
2728293031