Goods and Services Tax - This Article answers your queries related to GSTR 3B and explains Due date for GSTR 3B for April 2022, Due date for PMT 06 for QRMB taxpayers for April 2022, Which ITC shall be considered, GSTR 2B or GSTR 2A and What shall be done if you have already filed GSTR 3B and taken ITC […]...
Read MoreGoods and Services Tax - This articles is in continuation of my previous article Invoices Not Reflecting In GSTR 2B for April 2022 1 – Withdrawal of Advisory Issued by GSTN on 15th May 2022 In the previous article I have informed about the advisory issued by GSTN in case of incomplete GSTR 2B for the month of April 2022. […]...
Read MoreGoods and Services Tax - ITC reversal for Credit Notes in GSTR-3B – What if Net ITC is reported directly in GSTR-3B At the time of GST Department audits it is being observed that department is making the taxpayers reverse ITC again with respect to credit notes if the ITC has been shown net by the recipient and not reported […]...
Read MoreGoods and Services Tax - GSTR-3B─Return notified subsequent to Judgment of Gujarat HC to nullify Judgment─No analysis of this crucial aspect by the Apex Court The Hon’ble Supreme court in the case of Union of India v. AAP And Company (2021) 36 J.K.Jain’s GST & VR 519, overruled the judgment dated 24.6.2019 of Hon’ble Gujarat HC : AAP and Co. [...
Read MoreGoods and Services Tax - As we know new functionality of Interest Calculator is being released in GSTR-3B. How it will help taxpayers let us discuss: This new functionality will assist taxpayers in calculating the interest applicable for delay filling of returns. Interest computation- Now, there will be two cases- Interest liability for supplies made during the p...
Read MoreGoods and Services Tax - Considering the difficulties faced by taxpayers in filing their GSTR-3B for the month of April 2022, a proposal to extend the due date of filing GSTR-3B for April 2022 is under active consideration....
Read MoreGoods and Services Tax - New change in GSTR-3B, table 3.1(A) The GST Council in its 45th meeting held on 17th September, 2021 recommended to notify “Restaurant Service” under section 9(5) of the CGST Act, 2017 along with other services notified earlier such as motor cabs, accommodation and housekeeping services wherein the tax on such supplies would b...
Read MoreGoods and Services Tax - GSTN – Upcoming changes/initiatives:- ♦ SMS based NIL Return filing for GSTR-3B and GSTR-1. ♦ Improvements in GSTR-2A to show the status of filing of GSTR-1 and GSTR-3B by the supplier. ♦ To show status of amendment of invoice with month of amendment. ♦ Providing detail of invoices considered for computation in table 8A of [&hel...
Read MoreGoods and Services Tax - Once again through this Representation draw your kind attention towards the fact that the due date for filing GSTR3b (monthly Return) is 20th February, 2022 and on the same day, it is the Election Day and complete holiday all over in Punjab. All Govt. Offices and CA's/Tax Advisors' offices shall remain closed due to declared holiday....
Read MoreGoods and Services Tax - Liability paid percentage – Calculation methodology Liability paid percentage = (Liability paid / Liability auto drafted) *100 Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in Form GSTR-3B for a particular period. This also includes the amount paid by the taxp...
Read MorePacific Industries Ltd. Vs Union of India (Rajasthan High Court) - The petitioner has raised a pertinent grievance in this writ petition that the Form GST ITC-02A was not available on the GSTN Portal for the entire period of 30 days from the registration of its separate business verticals and even till the date of filing of the instant writ petition...
Read MoreSri Rajendra Narayan Mohanty Vs CT & GSTCuttack-1 East Circle(Orissa High Court) - Sri Rajendra Narayan Mohanty Vs CT & GST (Orissa High Court) Since the Petitioner has come up before this Court without raising any objection or filing any reply to the said Show Cause Notice, we are not inclined to entertain the writ petition at this stage. The contentions of the Petitioner are...
Read MoreNodal Officer, Jt. Commissioner Vs Das Auto Centre (Calcutta High Court) - Nodal Officer, Jt. Commissioner Vs. Das Auto Centre (Calcutta High Court) Hon’ble Division Bench of the Hon’ble Calcutta High Court in the matter of Nodal Officer versus M/s. Das Auto CentreM.A.T. 552 of 2020 and others in its judgment dated 14.12.2021 has allowed claiming of transitional credit...
Read MoreUnion Of India & Ors. Vs. AAP And Company (Supreme Court) - Hon’ble Supreme Court of India in Union of India & Ors. v. Aap and Company [Civil Appeal No(s). 5978/2021 dated December 10, 2021] reversed the judgment of the Hon’ble Gujarat High Court, ruling that FORM GSTR-3B is not a return under Section 39 of the Central Goods and Services Tax Act, 2017...
Read MoreUnion of India Vs Bharti Airtel Ltd. & Ors (Supreme Court of India) - The brief facts of the case were that the Respondent was facing several problems while their filing of GSTR Form 3B due to the several glitches that were occurring in the Online GST Portal. Amidst these glitches, the Respondent filed their GST returns for the period of July, 2017 to September, 2017 ...
Read MoreNotification No. 05/2022–Central Tax [G.S.R. 354(E)] - (17/05/2022) - CBIC Extends due date of filing FORM GSTR3B for the month of April 2022 till the 24th day of May, 2022 ...
Read MorePress Release No. 520 - (26/01/2022) - Deployment of Interest Calculator in GSTR-3B 1. The new functionality of interest calculator in GSTR-3B is now live on the GST Poral. 2. This functionality will facilitate & assist the taxpayers in doing self-assessment. This functionality will arrive at the system computed interest on the basis...
Read MorePress Release No. 519 - (08/01/2022) - GST Portal will now provide system computed interest in GSTR-3B to facilitate taxpayers in self-assessment. Interest will be computed in accordance with the Section-50 of the CGST Act, 2017 and proviso thereof, as amended. Interest on liability for the present period shall be computed only on the po...
Read MoreInstruction No. 01/2022-GST - (07/01/2022) - There may, however, be some cases where there may be a genuine reason for difference between the details of outward supplies declared in GSTR-1 and those declared in GSTR-3B. For example, the person may have made a typographical error or may have wrongly reported any detail in GSTR-1 or GSTR-3B. Suc...
Read MorePress Release No. 516 - (04/01/2022) - As per the GST Council decision to notify 'Restaurant Service' under section 9(5) of the CGST Act, 2017 along with other services notified earlier such as motor cabs, accommodation and housekeeping services wherein the tax on such supplies would be paid by electronic commerce operator if such suppli...
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Notification No. 05/2022–Central Tax [G.S.R. 354(E)] - 17/05/2022
Pacific Industries Ltd. Vs Union of India (Rajasthan High Court) -
Sri Rajendra Narayan Mohanty Vs CT & GSTCuttack-1 East Circle(Orissa High Court) -