GST Articles

Multiple litigations in Budgetary Support Scheme Refund

Posted by Rajannaidu 29 October 2022 3860 Views

A major benefit of the policy was the exemption from excise duty for the first 10 years from the date of commercial production, the said exemption was granted through an exemption notification issued under the Central Excise Act.

Can consistent ill health be a valid reason for non-filing of GST Revocation Application?

Posted by Abhishek Raja 27 October 2022 9101 Views

What could be the reason that out of two Partners, one was suffering from ill health and another partner also didn't file a Revocation Application within time?

Recovery under GST without issuance of SCN is not permissible

Posted by Bimal Jain 26 October 2022 6319 Views

There was amendment in sec 75(12) of the Central Goods and Services Tax Act, 2017 ("the CGST Act"), which were introduced vide the Finance Act, 2021 but brought into effect only from January 1, 2022 through Notification no. 39/2021-central tax dated December 21, 2021.

Taxability of Renting of MVDCP under RCM/FCM

Posted by Nilesh Mahajan 17 October 2022 8408 Views

Taxability of Renting of Motor vehicle designed to carry passenger ['MVDCP'] under Reverse/Forward Charge Mechanism [RCM/FCM]

Fake tax invoice under GST

Posted by CA Deepak Kumar 12 October 2022 12776 Views

Fake Invoice refers to a 'Non-compliant GST Invoice'

Section 17(5) of the CGST Act, 2017

Posted by CA Amit Harkhani 10 October 2022 19443 Views

As per Section 2(76) of CGST Act, 2017 Motor vehicle shall have the same meaning as assigned to it in clause (28) of section 2 of the Motor Vehicles Act, 1988.

Whether cryptocurrency is goods or service & taxability under GST Act 2017

Posted by FCS Deepak Pratap Singh 10 October 2022 6737 Views

As you are aware taxable event in GST is supply of goods or services or both. Various taxable events like manufacture, sale, rendering of service, purchase, entry into a territory of State etc. have been done away with in favour of just one taxable event i.e. supply.

Supply From DTA to SEZ or SEZ to DTA under GST

Posted by CA Amit Harkhani 08 October 2022 8207 Views

As per Section 7(5)(b) of the IGST Act, 2017 says that Supply of goods or services or both made to or by a Special Economic Zone developer or a Special Economic Zone unit shall be treated to be a supply of goods or services or both in the course of inter-State trade or commerce.

Checklist for GSTR 9/9A and GSTR 9C

Posted by CA Deepak Kumar 08 October 2022 26477 Views

Taxpayer/Consultant should also ensure that company also maintained ''Fixed Assets Register' and also ensure that proper internal control was there for acquisition and disposal of fixed assets and ensure for GST impact on the same.

Due Dates for GST, IT, Companies, PF & ESI Acts - October 2022

Posted by Suresh Kumawat 08 October 2022 29969 Views

This article compiles a list of compliance dates related to GST, Income Tax, ESI, and PF Acts, including GSTR-1, GSTR-3B, ITC-04, GSTR-5 & 5A, GSTR-6, GSTR-7, GSTR-8, RFD-10,