GST Articles

How to correct mistakes in GST by DRC-03?

Latest case law updates on GST

Let�s try to understand TDS related procedures under GST.

GST audit and annual return are to be filed up to a certain date and at present the due date is 31st January 2020.

The post GST era has witnessed numerous errors, mismatches and technical glitches as well as World Bank calling GST a very complex taxation system.

Validity of the direct recovery of Interest under GST?

New Year 2020 also ushers in certain new changes under the GST, which are important to be considered by the taxpayers. This article summarises 12 such changes like the restriction on the claim of ITC, blocking of the e-way bill, new GST Return system, RCM on motor vehicles, etc.

The objective of this article is to summarize all the updates of GST (Notifications, Circulars, other amendments and updates) released in the month of December 2019.

The Central Board of Indirect Taxes and Customs vide notification No. 05/2019 Central Excise-NT dated 21.08.2019 notified Sabka Vishwas (Legacy Dispute Resolution) Scheme Rules, 2019. It came into force from 1st Day of September 2019.

In terms of Section 2(11) of the Act, "assessment" means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement assessment. It is important to note that there is no provision permitting a Proper Officer to re-assess the tax liability of taxable person.